General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Cash Flows

v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 28, 2017
Sep. 29, 2016
Operating activities    
Net income $ 54,812 $ 26,332
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 27,637 20,353
Loss on extinguishment of debt 5,442 153
Loss on asset disposals 0 451
Amortization of tenant improvement allowances (2,366) (1,871)
Deferred income taxes 9,575 4,530
Stock based compensation expense 3,553 2,206
Changes in operating assets and liabilities:    
Receivables, net (14,082) (10,816)
Inventories, net (101,918) (29,041)
Other assets (1,590) (1,787)
Trade accounts payable 90,780 18,488
Accrued expenses (3,097) 27,599
Income taxes (9,767) 2,253
Deferred revenue 11,145 4,890
Deferred rent 7,778 2,849
Tenant improvement allowances 4,878 4,281
Other 83 62
Net cash provided by operating activities 82,863 70,932
Investing activities    
Purchases of fixed assets (69,639) (52,240)
Net cash used in investing activities (69,639) (52,240)
Financing activities    
Borrowings on revolving line of credit 175,300 134,750
Payments on revolving line of credit (187,200) (164,650)
Proceeds from term loans 0 12,000
Payments on term loans (196,625) (900)
Debt issuance costs (993) (199)
Net proceeds from initial public offering 192,083 0
Proceeds from exercise of stock options 4,327 338
Net cash used in financing activities (13,108) (18,661)
Net (decrease) increase in cash and cash equivalents 116 31
Cash and cash equivalents, beginning of the period 451 318
Cash and cash equivalents, end of the period 567 349
Supplemental disclosures of cash flow information    
Cash paid for interest 13,742 4,856
Cash paid for income taxes 13,942 8,688
Fixed assets accrued at the end of the period 10,350 7,308
Fixed assets acquired as part of lease—paid for by lessor $ 1,786 $ 0