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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Operating activities    
Net income $ 29,958 $ 19,254
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 28,728 28,802
Other (98) 270
Changes in operating assets and liabilities, net of assets acquired:    
Accounts receivable (38,170) (15,960)
Accounts payable and accrued expenses 10,563 (609)
Self-insurance reserve 8,498 1,690
Prepaid expenses 14,319 9,178
Other, net 3,761 1,661
Total changes in operating assets and liabilities 27,601 25,032
Net cash provided by operating activities 57,559 44,286
Capital expenditures:    
Equipment (31,239) (37,192)
Land and buildings 1,105 229
Purchases of businesses, net of cash acquired and debt incurred (1,826) (3,030)
Proceeds from sales of fixed assets 1,949 1,634
Net cash used in investing activities (32,221) (38,817)
Financing activities    
Revolving credit facility borrowings 396,500 264,500
Revolving credit facility payments (375,500) (278,500)
Purchase of common shares for treasury (24,016) (21,129)
Sale of common shares from treasury 13,978 12,486
Dividends paid (1,138) (1,170)
Proceeds from notes payable 66,021 51,073
Payments of notes payable (79,881) (38,587)
Payments of finance leases (1,062) (860)
Net cash used in financing activities (5,098) (12,187)
Effect of exchange rate changes on cash (99) 114
Increase (Decrease) in cash 20,141 (6,604)
Cash, beginning of period 11,000 22,661
Cash, end of period 31,141 16,057
Supplemental cash flow information follows:    
Interest Paid, Excluding Capitalized Interest, Operating Activities 3,987 4,523
Income taxes paid $ 2,765 $ 827