v3.23.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 26, 2023
Mar. 27, 2022
Cash flows from operating activities:    
Net income (loss) $ (4,289) $ 10,519
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 6,411 7,287
Provision for credit losses 1,382 989
Stock-based compensation 2,630 3,812
Deferred income taxes (47) 1,258
Non-cash lease expense 3,140 3,281
Other operating activities 20 2,608
Changes in operating assets and liabilities:    
Accounts receivable 31,025 27,702
Income taxes receivable and payable (2,512) (1,252)
Other assets 6,462 4,267
Accounts payable and other accrued expenses (11,937) (13,257)
Accrued wages and benefits (11,143) (19,031)
Workers’ compensation claims reserve (11,583) 168
Operating lease liabilities (3,316) (3,319)
Other liabilities 2,908 1,410
Net cash provided by operating activities 9,151 26,442
Cash flows from investing activities:    
Capital expenditures (8,081) (5,779)
Purchases of restricted held-to-maturity investments (2,305) 0
Maturities of restricted held-to-maturity investments 2,010 6,034
Net cash (used in) provided by investing activities (8,376) 255
Cash flows from financing activities:    
Purchases and retirement of common stock (24,718) (36,326)
Net proceeds from employee stock purchase plans 315 319
Common stock repurchases for taxes upon vesting of restricted stock (2,377) (3,970)
Net change in revolving credit facility 0 4,000
Other (45) (72)
Net cash used in financing activities (26,825) (36,049)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 9 (57)
Net change in cash, cash equivalents and restricted cash (26,041) (9,409)
Cash, cash equivalents and restricted cash, beginning of period 135,631 103,185
Cash, cash equivalents and restricted cash, end of period 109,590 93,776
Supplemental Disclosure of Cash Flow Information [Abstract]    
Interest 262 193
Income taxes 1,912 1,878
Operating lease liabilities 4,028 4,093
Property and equipment purchased but not yet paid 3,763 3,159
Right-of-use assets obtained in exchange for new operating lease liabilities $ 3,055 $ 3,948

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