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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Operating activities:    
Net income $ 61,006 $ 32,658
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 20,648 16,721
Amortization 16,211 18,657
Share-based compensation expense 4,994 4,653
Provision for deferred income taxes (64) 6
Other 5,627 5,688
Changes in operating assets and liabilities:    
Trade accounts and notes receivable (43,995) (9,109)
Inventories (18,205) (2,131)
Accounts payable and accrued liabilities (38,020) (45,019)
Other current assets 5,825 17,778
Income taxes payable and refundable income taxes (225) (42,873)
Other (2,399) 433
Net cash provided by (used in) operating activities 11,403 (2,538)
Investing activities:    
Acquisition of property, plant and equipment (22,585) (34,465)
Payments to Acquire Businesses, Net of Cash Acquired 75,630 49,789
Other 5 197
Net cash used in investing activities (98,210) (84,057)
Financing activities:    
Proceeds from short-term borrowings and long-term debt 217,000 0
Payments of long-term debt (75,000) (1,000)
Payments of Dividends 10,847 9,470
Issuance of common stock 551 917
Repurchase of common stock (29,564) (35,321)
Taxes paid related to net share settlement of equity awards (11,440) (7,727)
Deferred acquisition payments 16,125 0
Other (2,890) (250)
Net cash provided by (used in) financing activities 71,685 (52,851)
Effect of exchange rate changes on cash and cash equivalents (1,712) (256)
Decrease in cash and cash equivalents (16,834) (139,702)
Cash and cash equivalents at beginning of period 351,911 482,062
Cash and cash equivalents at end of period 335,077 342,360
Supplemental Cash Flow Information    
Deferred acquisition payments 1,451 14,001
Contingent consideration obligation 0 686
Equipment purchases in accounts payable 6,689 7,486
Dividends Payable 89 65
Schedule of interest and taxes paid    
Interest paid 15,296 17,124
Income taxes paid, net of refunds received $ 7,997 $ 47,770