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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 28 Months Ended
Sep. 24, 2016
Sep. 26, 2015
Sep. 24, 2016
Sep. 26, 2015
Sep. 24, 2016
Cash flows from operating activities:          
Net earnings $ 29,521 $ 13,549 $ 107,134 $ 74,495  
Adjustments to reconcile net earnings to net cash flows from operations:          
Depreciation and amortization     61,242 70,859  
Noncash loss on trading securities     973 5,020  
Impairment of assets - restructuring activities     618 12,659  
Impairment of goodwill and intangible assets     0 15,200  
Stock-based compensation     6,572 5,667  
Change in fair value of contingent consideration     (3,527) 0  
Defined benefit pension plan expense (benefit)     1,486 (460)  
Contribution to defined benefit pension plan     (712) (15,735)  
Increase in restricted cash - pension     (13,652) 0  
Gain on sale of property, plant and equipment     250 1,263  
Equity in earnings in nonconsolidated subsidiaries 0 0 0 0  
Deferred income taxes (3,749) 5,272 (1,534) 5,217  
Changes in assets and liabilities:          
Receivables     16,436 5,551  
Inventories     (34,413) (25,447)  
Prepaid expenses and other assets     (10,624) 5,275  
Accounts payable     (11,338) 832  
Accrued expenses     3,272 7,368  
Other noncurrent liabilities     240 887  
Income taxes refundable     4,831 14,171  
Net cash flows from operating activities     127,254 182,822  
Cash flows from investing activities:          
Purchase of property, plant and equipment     (42,233) (34,447)  
Proceeds from sale of assets     3,938 3,256  
Other, net     (2,824) 5,980  
Net cash flows from investing activities     (41,119) (25,211)  
Cash flows from financing activities:          
Net borrowings under short-term agreements     (128) (12,322)  
Proceeds from Issuance of Long-term Debt     0 37,000  
Principal payments on long-term borrowings     (1,563) (37,878)  
Dividends paid     (25,604) (26,708)  
Dividends to noncontrolling interest     (2,527) (2,323)  
Payments to Noncontrolling Interests     11,009 0  
Purchase of treasury shares     (46,581) (148,220) $ (610,600)
Proceeds from exercises under stock plans     6,509 10,902  
Excess tax benefits from stock option exercises     0 1,458  
Purchase of common treasury shares—stock plan exercises     (1,453) (12,135)  
Net cash flows from financing activities     (82,356) (190,226)  
Effect of exchange rate changes on cash and cash equivalents     (3,478) (26,113)  
Net change in cash and cash equivalents     301 (58,728)  
Cash and cash equivalents—beginning of year     349,074 371,579  
Cash and cash equivalents—end of period $ 349,375 $ 312,851 $ 349,375 $ 312,851 $ 349,375