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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Aug. 31, 2024
Sep. 02, 2023
Cash flows from operating activities:    
Net income including non-controlling interest $ 137,647 $ 99,987
Adjustments to reconcile net income including non-controlling interest to net cash provided by operating activities:    
Depreciation 66,990 60,518
Amortization 61,723 58,633
Deferred income taxes (45,998) (30,064)
Loss from equity method investments, net of dividends received 622 260
Gain on insurance claims (7,264) 0
Loss on equity investment 1,966 0
Debt issuance costs write-off 0 2,689
Loss on fair value adjustment on contingent consideration liability 0 2,893
Gain on sale or disposal of assets (501) (78)
Share-based compensation 17,662 16,279
Pension and other post-retirement benefit plan activity (6,671) (8,890)
Change in assets and liabilities, net of effects of acquisitions:    
Trade receivables, net 26,373 79,495
Inventories (62,206) 38,212
Other assets (39,025) (30,901)
Trade payables 49,705 (74,443)
Accrued compensation (11,566) (33,796)
Other accrued expenses (5,244) (6,992)
Income taxes payable (17,873) 24,461
Other liabilities 856 12,408
Other 49,591 6,023
Net cash provided by operating activities 216,787 216,694
Cash flows from investing activities:    
Purchased property, plant and equipment (112,799) (109,545)
Purchased businesses, net of cash acquired (274,067) (194,248)
Proceeds from sale of property, plant and equipment 1,048 4,257
Net cash used in investing activities (385,818) (299,536)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 1,732,900 1,333,000
Repayment of long-term debt (1,556,135) (1,184,900)
Payment of debt issuance costs (3,493) (10,214)
Net payment of notes payable (1,014) (18,000)
Dividends paid (35,440) (32,319)
Proceeds from stock options exercised 34,161 11,251
Repurchases of common stock (39,371) (2,560)
Net cash provided by financing activities 131,608 96,258
Effect of exchange rate changes on cash and cash equivalents (10,618) 1,608
Net change in cash and cash equivalents (48,041) 15,024
Cash and cash equivalents at beginning of period 179,453 79,910
Cash and cash equivalents at end of period $ 131,412 $ 94,934