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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Cash flows from operating activities:    
Net income $ 73,904 $ 147,680
Adjustments to reconcile net income to cash provided (used) by operating activities:    
Depreciation and amortization 113,435 108,202
Stock-based compensation 28,291 24,761
Excess tax benefit from stock-based compensation (4,334) (4,338)
Loss on write-off of assets 0 8,302
Impairment of Internally Developed Software 115,856 0
Gain on sale of property and equipment (272) 0
Noncash charges for interest and bond discount amortization 2,212 1,769
Deferred income taxes 1,553 (30,973)
Changes in operating assets and liabilities, net of effects of acquisitions:    
Trade accounts receivable 1,078,501 566,097
Inventory 400,880 (551,609)
Other current assets (107,241) (30,350)
Accounts payable (663,616) (603,481)
Change in book overdrafts (70,825) 166,361
Accrued expenses (2,463) (196,364)
Cash provided (used) by operating activities 965,881 (393,943)
Cash flows from investing activities:    
Capital expenditures (99,022) (52,369)
Sale of marketable securities, net 5,000 1,100
Proceeds from sale of property and equipment 1,145 0
Cost-based investment 0 (10,000)
Acquisitions, net of cash acquired (100,855) (18,880)
Cash used by investing activities (193,732) (80,149)
Cash flows from financing activities:    
Proceeds from exercise of stock options 10,279 16,943
Repurchase of Class A Common Stock (205,608) 0
Excess tax benefit from stock-based compensation 4,334 4,338
Business Combination, Contingent Consideration, Liability (2,358) 0
Payments of dividends 15,196 0
Net proceeds from (repayments of) revolving credit facilities (301,156) 283,133
Cash provided (used) by financing activities (509,705) 304,414
Effect of exchange rate changes on cash and cash equivalents (9,904) (6,892)
Increase (decrease) in cash and cash equivalents 252,540 (176,570)
Cash and cash equivalents, beginning of period 692,777 674,390
Cash and cash equivalents, end of period $ 945,317 $ 497,820