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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2019
Sep. 30, 2018
OPERATING ACTIVITIES:    
Net income $ 62,768 $ 43,858
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 33,578 27,067
Stock compensation amortization expense 6,494 9,181
Deferred income taxes and other (11,806) (10,705)
Amortization of acquired intangible assets 4,581 2,414
Amortization of acquired inventory step-up 0 17,849
Working capital changes:    
Accounts receivable (928) (5,540)
Inventories (11,809) (27,037)
Prepaid expenses and current assets (4,481) (9,398)
Accounts payable and accrued expenses 11,507 10,987
CASH PROVIDED BY OPERATING ACTIVITIES 89,904 58,676
INVESTING ACTIVITIES:    
Capital expenditures (53,881) (28,853)
Cash paid for business, net of cash acquired 0 (400,697)
Other 85 531
CASH USED IN INVESTING ACTIVITIES (53,796) (429,019)
FINANCING ACTIVITIES:    
Repayments of long-term debt (65,416) (51,403)
Borrowing of long-term debt 76,000 479,837
Tax withholding payments for share-based compensation (3,278) (1,056)
Proceeds from issuance of common stock 60 207
Debt issuance costs 0 (8,757)
Dividends paid (11,561) (11,602)
Repurchase of common stock (25,154) (14,485)
Other (808) 0
CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES: (30,157) 392,741
Net cash provided by operating, investing and financing activities 5,951 22,398
Effect of exchange rate changes on cash (1,728) (2,104)
CASH AND CASH EQUIVALENTS:    
Net change during the period 4,223 20,294
Balance at beginning of period 80,989 87,037
Balance at end of period $ 85,212 $ 107,331