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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Operating activities:    
Net income (loss) $ 45,266 $ (88,166)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 45,343 46,775
Amortization 50,159 57,574
Share-based compensation expense 7,908 30,678
Provision for deferred income taxes (11,365) (34,826)
Impairment of goodwill 0 88,872
Loss on extinguishment of debt (10,589) (2,787)
(Gain) loss from sale of businesses (4,848) 13,642
Charge for excess and obsolete inventory 12,743 13,287
Impairment of long-lived assets 12,967 0
Amortization of Debt Issuance Costs 4,144 6,234
Other 4,626 8,205
Changes in operating assets and liabilities:    
Trade accounts and notes receivable 23,217 8,379
Inventories (34,862) (34,852)
Accounts payable and accrued liabilities (8,906) 20,043
Other current assets (9,686) 2,538
Income taxes payable and refundable income taxes (1,922) 15,867
Other 1,813 (5,166)
Net cash provided by operating activities 147,186 151,871
Investing activities:    
Acquisition of property, plant and equipment (66,620) (133,992)
Proceeds from Sales of Business, net 249,600 133,527
Other (1,964) 108
Net cash provided by (used in) investing activities 181,016 (357)
Financing activities:    
Proceeds from long-term debt 224,537 117,170
Payments of long-term debt (643,311) (117,170)
Payments for dividends (15,256) (15,170)
Issuance of common stock 8,973 18,393
Taxes paid related to net share settlement of equity awards (14,428) (9,406)
Other (376) (299)
Net cash used in financing activities (439,861) (6,482)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (4,588) 561
(Decrease) increase in cash, cash equivalents and restricted cash 116,247 (145,593)
Cash, cash equivalents and restricted cash at beginning of period 456,929 563,439
Cash, cash equivalents and restricted cash at end of period 340,682 709,032
Supplemental Cash Flow Information    
Due from buyer on sale of business 1,819 1,330
Equipment purchases in accounts payable 13,948 22,041
Dividend payable 512 576
Schedule of interest and taxes paid    
Interest paid less capitalized interest 12,364 38,146
Income taxes paid, net of refunds received $ 17,549 $ 42,424