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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Operating activities:    
Net income $ 156,655 $ 111,911
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 35,317 31,699
Amortization 35,248 23,683
Share-based compensation expense 9,589 8,557
Provision for deferred income taxes (2,157) (1,757)
Other 8,297 4,640
Changes in operating assets and liabilities:    
Trade accounts and notes receivable 5,436 2,687
Inventories 3,709 (22,472)
Accounts payable and accrued liabilities (52,707) (14,966)
Other current assets 13,028 1,976
Income taxes payable and refundable income taxes 15,391 (7,515)
Other 557 (1,337)
Net cash provided by operating activities 228,363 137,106
Investing activities:    
Acquisition of property, plant and equipment (60,101) (47,437)
Payments to Acquire Businesses, Net of Cash Acquired 49,267 380,225
Other 197 1,905
Net cash used in investing activities (109,171) (425,757)
Financing activities:    
Payments of long-term debt (2,000) (27,000)
Payments for dividends (18,964) (19,802)
Issuance of common stock 917 3,027
Repurchase of common stock (50,321) (20,000)
Taxes paid related to net share settlement of equity awards (8,301) (14,413)
Other (497) 1,504
Net cash used in financing activities (79,166) (76,684)
Effect of exchange rate changes on cash and cash equivalents (706) (2,967)
Increase (decrease) in cash and cash equivalents 39,320 (368,302)
Cash and cash equivalents at beginning of period 482,062 625,408
Cash and cash equivalents at end of period 521,382 257,106
Supplemental Cash Flow Information    
Deferred acquisition payment 14,001 0
Contingent consideration obligation 686 0
Equipment purchases in accounts payable 5,974 8,090
Dividends Payable 96 64
Schedule of interest and taxes paid    
Interest paid 21,637 9,159
Income taxes paid, net of refunds received $ 31,653 $ 31,881