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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended 32 Months Ended
Dec. 31, 2016
Dec. 26, 2015
Dec. 27, 2014
Dec. 31, 2016
Cash flows from operating activities:        
Net earnings $ 178,391 $ 45,333 $ 189,318  
Adjustments to reconcile net earnings to net cash flows from operations:        
Depreciation and amortization 82,417 91,144 89,328  
Noncash loss on trading securities 586 4,555 3,795  
Non-cash after-tax loss on deconsolidation (13,652) 0 0  
Impairment of Property Plant and Equipment 1,099 19,836 0  
Impairment of assets - restructuring activities (13,652)      
Impairment of goodwill & intangible assets 0 41,970 0  
Non-cash debt refinancing costs 0 0 (2,478)  
Stock-based compensation 9,931 7,244 6,730  
Change in fair value of contingent consideration (3,242) 0 (4,300)  
Defined benefit pension plan expense (benefit) 1,870 (610) 2,638  
Contribution to defined benefit pension plan (1,488) (16,500) (18,173)  
Loss on sale of property, plant and equipment 631 2,327 392  
Equity in earnings in nonconsolidated subsidiaries 0 247 (29)  
Deferred income taxes (23,685) 4,858 5,251  
Changes in assets and liabilities (net of acquisitions):        
Receivables 24,622 50,267 907  
Inventories (11,461) 3,296 21,458  
Prepaid expenses 1,138 10,844 (13,594)  
Accounts payable 104 (6,805) (34,321)  
Accrued expenses (12,207) 8,918 (34,778)  
Other noncurrent liabilities (23,880) (1,764) 1,755  
Income taxes payable (refundable) 7,994 7,107 (39,803)  
Net cash flows from operating activities 219,168 272,267 174,096  
Cash flows from investing activities:        
Purchase of property, plant and equipment (57,920) (45,468) (73,023)  
Proceeds from sale of assets 5,126 3,249 2,489  
Acquisitions, net of cash acquired 0 (12,778) (185,710)  
Other, net (255) 6,826 (619)  
Net cash flows from investing activities (53,049) (48,171) (256,863)  
Cash flows from financing activities:        
Net payments under short-term agreements (200) (12,853) (4,472)  
Proceeds from long-term borrowings 0 68,000 652,211  
Principal payments on long-term borrowings (2,006) (69,098) (357,858)  
Settlement of financial derivatives 0 0 4,981  
Dividends paid (34,053) (35,357) (32,443)  
Dividends to noncontrolling interest (2,938) (2,634) (2,919)  
Payments to Acquire Additional Interest in Subsidiaries (11,009) 0 0  
Debt issuance costs 0 0 (7,644)  
Purchase of treasury shares (53,800) (168,983) (395,045) $ (617,800)
Proceeds from exercises under stock plans 11,153 13,075 14,572  
Excess tax benefits from stock option exercises 0 1,699 4,264  
Purchase of common treasury shares—stock plan exercises (2,305) (13,854) (15,403)  
Net cash flows from financing activities (95,158) (220,005) (139,756)  
Effect of exchange rate changes on cash and cash equivalents (20,087) (26,596) (19,604)  
Net change in cash and cash equivalents 50,874 (22,505) (242,127)  
Cash and cash equivalents—beginning of year 349,074 371,579 613,706  
Cash and cash equivalents—end of period $ 399,948 $ 349,074 $ 371,579 $ 399,948