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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 16 Months Ended
Mar. 26, 2016
Mar. 28, 2015
Sep. 26, 2015
Cash flows from operating activities:      
Net earnings $ 34,171 $ 31,507  
Adjustments to reconcile net earnings to net cash flows from operations:      
Depreciation and amortization 20,598 23,901  
Noncash loss on trading securities 995 4,415  
Stock-based compensation 2,049 1,761  
Defined benefit pension plan expense (benefit) 384 (150)  
Contribution to defined benefit pension plan 0 (15,735)  
Gain on sale of property, plant and equipment 144 (136)  
Equity in earnings in nonconsolidated subsidiaries 0 0  
Deferred income taxes 5,759 5,164  
Changes in assets and liabilities:      
Receivables 20,344 18,584  
Inventories (8,022) (27,041)  
Prepaid expenses 910 4,954  
Accounts payable 1,383 (1,261)  
Accrued expenses (7,178) (5,324)  
Other noncurrent liabilities (823) 1,684  
Income taxes refundable 9,813 13,205  
Net cash flows from operating activities 80,527 55,528  
Cash flows from investing activities:      
Purchase of property, plant and equipment (13,961) (16,615)  
Proceeds from sale of assets 142 185  
Other, net (2,322) 2,930  
Net cash flows from investing activities (16,141) (13,500)  
Cash flows from financing activities:      
Net borrowings under short-term agreements 1,352 1,155  
Principal payments on long-term borrowings (220) (224)  
Dividends paid (8,571) (9,086)  
Dividends to noncontrolling interest 0 (1,290)  
Purchase of treasury shares (16,939) (72,900) $ (581,000)
Proceeds from exercises under stock plans 1,289 1,760  
Excess tax benefits from stock option exercises (66) 345  
Purchase of common treasury shares—stock plan exercises (219) (2,156)  
Net cash flows from financing activities (23,374) (82,396)  
Effect of exchange rate changes on cash and cash equivalents (2,372) (12,845)  
Net change in cash and cash equivalents 38,640 (53,213)  
Cash and cash equivalents—beginning of year 349,074 371,579  
Cash and cash equivalents—end of period $ 387,714 $ 318,366