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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Operating activities    
Net earnings (loss) $ (4,092) $ 31,443
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities:    
Depreciation and amortization 53,773 49,527
(Gain) loss on disposal of property and equipment 189 (625)
Inventory write-offs for obsolescence 9,030 8,179
Deferred income taxes 1,573 4,376
Stock compensation expense 6,051 5,344
Other (1,380) 426
Net change in operating assets and liabilities, net of effects of business acquired (49,046) (18,459)
Net cash provided by operating activities 16,098 80,211
Investing activities    
Capital expenditures (61,569) (53,084)
Proceeds from sale of property and equipment 279 751
Purchase of businesses, net of cash acquired 0 (168,616)
Purchase of short-term investments (21,899) (19,232)
Maturity of short-term investments 27,832 17,611
Other investing activities (661) (1,219)
Net cash used in investing activities (56,018) (223,789)
Financing activities    
Net proceeds from revolving credit facility 82,000 0
Repurchase of common stock held in treasury (12,538) (12,538)
Cash withholding taxes paid when shares withheld for vested equity awards (3,893) (4,053)
Net cash provided by (used in) financing activities 52,007 (30,343)
Effect of exchange rate changes on cash and cash equivalents 7,029 (2,257)
Net increase (decrease) in cash and cash equivalents 19,116 (176,178)
Cash and cash equivalents at beginning of period 590,286 972,719
Cash and cash equivalents at end of year 609,402 796,541
Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders (12,352) (12,542)
Class B Convertible Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders $ (1,210) $ (1,210)