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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Feb. 27, 2021
Feb. 29, 2020
Cash flows from operating activities:    
Net income including non-controlling interest $ 29,806 $ 9,906
Adjustments to reconcile net income including non-controlling interest to net cash provided by operating activities:    
Depreciation 17,833 16,595
Amortization 17,896 17,990
Deferred income taxes (2,281) (4,035)
Income from equity method investments, net of dividends received (1,896) (1,634)
Gain on sale of assets (16) 0
Share-based compensation 6,821 4,703
Pension and other post-retirement benefit plan activity (7,999) (1,120)
Trade receivables, net 3,318 33,705
Inventories (63,598) (46,947)
Other assets (1,871) (32,769)
Trade payables 67,373 55,110
Accrued compensation (18,146) (21,145)
Other accrued expenses 753 (3,055)
Income taxes payable (882) 3,040
Other liabilities 17,921 (12,801)
Other 4,895 (2,638)
Net cash provided by operating activities 35,849 34,427
Cash flows from investing activities:    
Purchased property, plant and equipment (35,283) (32,124)
Purchased businesses, net of cash acquired (5,445) (9,500)
Purchase of assets 0 (3,998)
Proceeds from sale of property, plant and equipment 263 1,516
Cash payments related to government grant (1,526) (234)
Net cash used in investing activities (41,991) (44,340)
Cash flows from financing activities:    
Repayment of long-term debt (11,000) (13,000)
Net (payments) proceeds of notes payable (22) 1,497
Dividends paid (8,460) (8,222)
Proceeds from stock options exercised 6,398 907
Repurchases of common stock (2,580) (3,213)
Net cash used in financing activities (15,664) (22,031)
Effect of exchange rate changes on cash and cash equivalents 2,464 (1,509)
Net change in cash and cash equivalents (19,342) (33,453)
Cash and cash equivalents at beginning of period 100,534 112,191
Cash and cash equivalents at end of period $ 81,192 $ 78,738