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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 01, 2025
Mar. 02, 2024
Cash flows from operating activities:    
Net income including non-controlling interest $ 13,264 $ 31,012
Adjustments to reconcile net income including non-controlling interest to net cash (used in) provided by operating activities:    
Depreciation 21,717 23,168
Amortization 20,880 20,355
Deferred income taxes 5,837 (5,658)
Income from equity method investments, net of dividends received (497) (1,044)
Loss on the sale of a business 1,515 0
Gain on sale or disposal of assets (46) (86)
Share-based compensation 4,708 5,088
Change in assets and liabilities, net of effects of acquisitions:    
Trade receivables, net 13,900 56,886
Inventories (27,122) (50,189)
Other assets (295) (9,064)
Trade payables (14,272) 27,640
Accrued compensation (37,913) (31,862)
Other accrued expenses (11,959) (12,040)
Income taxes payable (21,854) (5,121)
Accrued / prepaid pensions (1,988) (2,126)
Other liabilities (311) (399)
Foreign currency remeasurement 18,471 (791)
Net cash (used in) provided by operating activities (52,907) 47,351
Cash flows from investing activities:    
Purchased property, plant and equipment (32,984) (43,293)
Purchased businesses, net of cash acquired (162,032) 0
Purchase of cost method investment (2,549) 0
Proceeds from sale of property, plant and equipment 477 568
Proceeds from the sale of a business 75,727 0
Net cash used in investing activities (121,361) (42,725)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 526,300 195,000
Repayment of long-term debt (359,535) (203,250)
Net payment of notes payable (164) (276)
Dividends paid (12,193) (11,151)
Proceeds from stock options exercised 1,384 8,977
Repurchases of common stock (44,377) (6,208)
Net cash provided by (used in) financing activities 111,415 (16,908)
Effect of exchange rate changes on cash and cash equivalents (756) (1,922)
Net change in cash and cash equivalents (63,609) (14,204)
Cash and cash equivalents at beginning of period 169,352 179,453
Cash and cash equivalents at end of period $ 105,743 $ 165,249