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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 04, 2017
Feb. 27, 2016
Cash flows from operating activities:    
Net income including non-controlling interests $ 14,831 $ 18,967
Adjustments to reconcile net income including non-controlling interests to net cash provided by operating activities:    
Depreciation 11,945 13,258
Amortization 7,355 6,698
Deferred income taxes (246) 63
Income from equity method investments, net of dividends received (2,274) (1,692)
(Gain)/loss on sale of assets (95)
Share-based compensation 5,032 4,267
Excess tax benefit from share-based compensation (1,053) 341
Non-cash loss on mark to market adjustment related to contingent consideration liability 37
Non-cash charge for the sale of inventories revalued at the date of acquisition 193
Trade receivables, net 4,884 28,947
Inventories (32,597) (15,861)
Other assets 3,960 9,298
Trade payables 23,989 (4,301)
Accrued compensation (7,540) (13,235)
Other accrued expenses (8,089) (5,258)
Income taxes payable 1,109 (5,673)
Accrued / prepaid pensions (1,361) 662
Other liabilities (1,754) 1,445
Other (3,157) (3,821)
Net cash provided by operating activities 16,459 42,561
Purchased property, plant and equipment (19,899) (23,361)
Purchased businesses, net of cash acquired (123,305)
Purchased investments (1,250)
Proceeds from sale of property, plant and equipment 109 863
Net cash used in investing activities (144,345) (22,498)
Proceeds from issuance of long-term debt 453,000
Repayment of long-term debt and payment of debt issuance costs (356,610) (5,625)
Net proceeds from notes payable 8,438 6,378
Dividends paid (7,048) (6,498)
Purchase of redeemable non-controlling interest (3,127)
Proceeds from stock options exercised 8,549 32
Excess tax benefit from share-based compensation 1,053 (341)
Repurchases of common stock (2,430) (6,518)
Net cash provided by (used in) financing activities 101,825 (12,572)
Effect of exchange rate changes on cash and cash equivalents 334 112
Net change in cash and cash equivalents (25,727) 7,603
Cash and cash equivalents at beginning of period 142,245 119,168
Cash and cash equivalents at end of period 116,518 126,771
Supplemental disclosure of cash flow information:    
Dividends paid with company stock 2 64
Cash paid for interest, net of amount capitalized of $23 and $117 for the periods ended March 4, 2017 and February 27, 2016, respectively 6,979 5,566
Cash paid for income taxes, net of refunds $ 6,539 $ 4,066