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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Operating activities    
Net earnings $ 157,941 $ 97,977
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 121,319 119,143
(Gain) loss on disposal of property and equipment (106) (1,373)
Accretion of interest on convertible debentures 3,703 3,425
Inventory write-offs for obsolescence 12,157 17,085
Impairment of goodwill and long-lived assets 0 1,559
Deferred income taxes 9,115 (1,750)
Non-cash loss on disposal of equity affiliate 7,060 0
Gain on early extinguishment of debt 0 (4,597)
Other 6,531 (4,944)
Net change in operating assets and liabilities, net of effects of businesses acquired (71,875) (13,455)
Net cash provided by operating activities 245,845 213,070
Investing activities    
Capital expenditures (84,790) (81,346)
Proceeds from sale of property and equipment 1,484 1,241
Purchase of short-term investments (598,937) (472,938)
Maturity of short-term investments 610,573 491,867
Other investing activities (6,663) 2,886
Net cash provided by (used in) investing activities (78,333) (58,290)
Financing activities    
Principal payments on long-term debt and capital leases 0 (34,044)
Net proceeds (payments) on revolving credit lines (5,000) (41,000)
Common stock repurchase (37,564) (16,981)
Net changes in short-term borrowings 22 (626)
Proceeds from stock options exercised 1,260 0
Distributions to noncontrolling interests (1,140) (707)
Acquisition of noncontrolling interests (4,100) 0
Cash withholding taxes paid when shares withheld for vested equity awards (1,971) (442)
Other financing activities (1,255) 0
Net cash provided by (used in) financing activities (77,076) (121,403)
Effect of exchange rate changes on cash and cash equivalents 13,168 2,703
Net increase (decrease) in cash and cash equivalents 103,604 36,080
Cash and cash equivalents at beginning of period 471,781 475,507
Cash and cash equivalents at end of period 575,385 511,587
Common Stock [Member]    
Financing activities    
Dividends and Interest Paid (25,054) (25,329)
Class B Convertible Common Stock [Member]    
Financing activities    
Dividends and Interest Paid $ (2,274) $ (2,274)