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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Operating activities:    
Net income $ 197,422 $ 159,971
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 54,623 48,236
Amortization 50,400 45,102
Share-based compensation expense 14,915 12,727
Provision for deferred income taxes (2,123) (1,066)
Other 14,251 10,584
Changes in operating assets and liabilities:    
Trade accounts and notes receivable (30,405) (8,713)
Inventories (5,689) (28,788)
Accounts payable and accrued liabilities (31,911) (9,440)
Other current assets 11,284 1,390
Income taxes payable and refundable income taxes (20,574) (9,193)
Other 1,461 439
Net cash provided by operating activities 253,654 221,249
Investing activities:    
Acquisition of property, plant and equipment (86,423) (75,337)
Payments to Acquire Businesses, Net of Cash Acquired 266,373 380,268
Other 2,815 5,014
Net cash used in investing activities (349,981) (450,591)
Financing activities:    
Payments of long-term debt (2,000) (27,000)
Payments for dividends (29,779) (29,701)
Issuance of common stock 4,351 3,029
Repurchase of common stock (65,321) (30,000)
Taxes paid related to net share settlement of equity awards (8,577) (14,552)
Other (502) 1,254
Net cash used in financing activities (101,828) (96,970)
Effect of exchange rate changes on cash and cash equivalents (1,159) (4,203)
Decrease in cash and cash equivalents (199,314) (330,515)
Cash and cash equivalents at beginning of period 482,062 625,408
Cash and cash equivalents at end of period 282,748 294,893
Supplemental Cash Flow Information    
Deferred acquisition payments 32,462 0
Contingent consideration obligation 686 0
Equipment purchases in accounts payable 3,431 9,464
Dividends Payable 307 77
Schedule of interest and taxes paid    
Interest paid 37,366 23,070
Income taxes paid, net of refunds received $ 66,474 $ 44,249