XML 19 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 28, 2015
Mar. 29, 2014
Cash flows from operating activities:    
Net income $ 13,109us-gaap_NetIncomeLoss $ 14,766us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 15,303us-gaap_Depreciation 14,173us-gaap_Depreciation
Amortization 1,996us-gaap_AmortizationOfIntangibleAssets 1,924us-gaap_AmortizationOfIntangibleAssets
Loss (gain) on disposition of fixed assets 8us-gaap_GainLossOnSaleOfPropertyPlantEquipment (1,809)us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Gain on sale of marketable securities (6)us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet (41)us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet
Deferred income taxes (3,880)us-gaap_DeferredIncomeTaxExpenseBenefit (1,308)us-gaap_DeferredIncomeTaxExpenseBenefit
Changes in operating assets and liabilities:    
Inventories 3,093us-gaap_IncreaseDecreaseInInventories 9,775us-gaap_IncreaseDecreaseInInventories
Accounts receivable and prepaid expenses 4,608wmk_IncreaseDecreaseInAccountsReceivableAndPrepaidExpenses (6,170)wmk_IncreaseDecreaseInAccountsReceivableAndPrepaidExpenses
Income taxes recoverable 612us-gaap_IncreaseDecreaseInIncomeTaxesReceivable 0us-gaap_IncreaseDecreaseInIncomeTaxesReceivable
Accounts payable and other liabilities (9,666)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (1,298)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Income taxes payable 5,666us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 4,012us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Other 183us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 168us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by operating activities 31,026us-gaap_NetCashProvidedByUsedInOperatingActivities 34,192us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:    
Purchase of property and equipment (20,624)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (17,880)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from the sale of property and equipment 27us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 2,042us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Purchase of marketable securities (9,907)us-gaap_PaymentsToAcquireAvailableForSaleSecurities (603)us-gaap_PaymentsToAcquireAvailableForSaleSecurities
Proceeds from the sale of marketable securities 3,191us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities 106us-gaap_ProceedsFromSaleOfAvailableForSaleSecurities
Purchase of intangible assets (644)us-gaap_PaymentsToAcquireIntangibleAssets (30)us-gaap_PaymentsToAcquireIntangibleAssets
Change in SERP investment (873)wmk_PaymentsForSerpInvestments (807)wmk_PaymentsForSerpInvestments
Net cash used in investing activities (28,830)us-gaap_NetCashProvidedByUsedInInvestingActivities (17,172)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:    
Dividends paid (8,070)us-gaap_PaymentsOfDividendsCommonStock (8,070)us-gaap_PaymentsOfDividendsCommonStock
Net cash used in financing activities (8,070)us-gaap_NetCashProvidedByUsedInFinancingActivities (8,070)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net (decrease) increase in cash and cash equivalents (5,874)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 8,950us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 22,986us-gaap_CashAndCashEquivalentsAtCarryingValue 17,965us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period $ 17,112us-gaap_CashAndCashEquivalentsAtCarryingValue $ 26,915us-gaap_CashAndCashEquivalentsAtCarryingValue