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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Aug. 28, 2021
Aug. 29, 2020
Cash flows from operating activities:    
Net income including non-controlling interest $ 110,560 $ 83,165
Adjustments to reconcile net income including non-controlling interest to net cash provided by operating activities:    
Depreciation 54,158 50,558
Amortization 53,464 52,943
Deferred income taxes (1,547) (10,952)
Income from equity method investments, net of dividends received 4,363 2,660
Loss on sale or disposal of assets 641 118
Share-based compensation 19,400 14,087
Pension and other post-retirement benefit plan activity (23,192) (5,954)
Trade receivables, net (61,900) 17,307
Inventories (141,112) (17,195)
Other assets (26,060) 31,372
Trade payables 176,210 (9,449)
Accrued compensation (1,283) (12,345)
Other accrued expenses (2,292) 8,776
Income taxes payable (1,001) (330)
Other liabilities 53,498 (20,481)
Other 52,221 (32,872)
Net cash provided by operating activities 161,134 193,030
Cash flows from investing activities:    
Purchased property, plant and equipment (77,237) (71,939)
Purchased businesses, net of cash acquired (5,445) (9,500)
Purchase of assets 0 (5,623)
Proceeds from sale of property, plant and equipment 2,751 1,407
Cash received from government grant 5,800 0
Cash payments related to government grant (1,526) (5,326)
Net cash used in investing activities (75,657) (90,981)
Cash flows from financing activities:    
Repayment of long-term debt (118,000) (128,000)
Net proceeds of notes payable 9,846 8,422
Dividends paid (26,045) (24,970)
Contingent consideration payment 0 (767)
Proceeds from stock options exercised 22,053 6,567
Repurchases of common stock (2,668) (3,342)
Net cash used in financing activities (114,814) (142,090)
Effect of exchange rate changes on cash and cash equivalents (3,063) 2,772
Net change in cash and cash equivalents (32,400) (37,269)
Cash and cash equivalents at beginning of period 100,534 112,191
Cash and cash equivalents at end of period $ 68,134 $ 74,922