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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 24, 2016
Sep. 26, 2015
Cash flows from operating activities:    
Net income $ 46,021 $ 42,754
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 48,867 45,942
Amortization 7,331 6,145
Loss (gain) on disposition of fixed assets 690 (26)
Gain on sale of marketable securities (438) (15)
Gain on sale of intangible assets (200) 0
Deferred income taxes (2,628) (4,929)
Changes in operating assets and liabilities:    
Inventories 3,333 8,483
Accounts receivable and prepaid expenses 10,783 1,969
Income taxes recoverable (114) 612
Accounts payable and other liabilities (2,675) (4,533)
Income taxes payable 0 3,314
Other 970 824
Net cash provided by operating activities 111,940 100,540
Cash flows from investing activities:    
Purchase of property and equipment (96,659) (64,874)
Proceeds from the sale of property and equipment 281 1,302
Purchase of marketable securities (29,277) (26,184)
Proceeds from maturities of marketable securities 835 1,851
Proceeds from the sale of marketable securities 42,516 7,067
Acquisitions (47,547) 0
Purchase of intangible assets (1,697) (1,886)
Proceeds from the sale of intangible assets 200 0
Change in SERP investment (1,570) (741)
Net cash used in investing activities (132,918) (83,465)
Cash flows from financing activities:    
Proceeds from long-term debt 40,139 0
Dividends paid (24,209) (24,209)
Net cash provided by (used in) financing activities 15,930 (24,209)
Net decrease in cash and cash equivalents (5,048) (7,134)
Cash and cash equivalents at beginning of year 17,596 22,986
Cash and cash equivalents at end of period $ 12,548 $ 15,852