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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities:    
Net earnings $ 86,663 $ 88,429
Adjustments to reconcile net earnings to net cash flows from operating activities:    
Depreciation and amortization 21,518 23,536
Contribution to defined benefit pension plan (1,492) (16,714)
Stock-based compensation 7,211 7,183
Net periodic pension cost 258 158
Loss on sale of property, plant, and equipment 18 31
Equity in loss of nonconsolidated subsidiaries 560 20
Deferred income taxes 10,439 10,344
Changes in assets and liabilities:    
Receivables (4,467) (8,699)
Inventories 16,162 (16,972)
Contract assets (10,242) (15,836)
Prepaid expenses and other assets (current and non-current) (3,683) (3,595)
Accounts payable (26,307) (27,561)
Contract liabilities (current and non-current) 12,869 13,773
Accrued expenses (54,183) (38,465)
Income taxes payable 9,383 8,431
Other non-current liabilities 423 (731)
Net cash flows from operating activities 65,130 23,332
Cash flows from investing activities:    
Purchases of property, plant, and equipment (30,319) (15,010)
Proceeds from sales of assets 343 140
Other, net (215) (3,769)
Net cash flows from investing activities (30,191) (18,639)
Cash flows from financing activities:    
Proceeds from short-term borrowings 2,840 4,015
Repayments on short-term borrowings (4,441) (5,151)
Proceeds from long-term borrowings 60,000 10
Principal repayments on long-term borrowings (60,174) (175)
Proceeds from settlement of financial derivatives   2,711
Dividends paid (12,019) (12,126)
Dividends to redeemable noncontrolling interests (233) (664)
Purchases of redeemable noncontrolling interests   (17,745)
Proceeds from exercises under stock plans 3,107 1,959
Tax withholdings on exercises under stock plans (6,600) (7,668)
Other, net 527 0
Net cash flows from financing activities (16,993) (34,834)
Effect of exchange rate changes on cash and cash equivalents 2,138 (3,705)
Net change in cash and cash equivalents 20,084 (33,846)
Cash and cash equivalents-beginning of period 164,315 203,041
Cash and cash equivalents-end of period 184,399 169,195
Supplemental disclosures of cash flow information:    
Interest paid 225 6,239
Income taxes paid $ 10,672 $ 9,575