XML 16 R5.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Apr. 01, 2018
OPERATING ACTIVITIES:    
Net income $ 7,059 $ 15,084
Adjustments to reconcile net income to cash used in operating activities:    
Depreciation and amortization 11,344 8,731
Stock compensation amortization expense 2,817 2,858
Deferred income taxes and other (6,088) 1,800
Amortization of acquired intangible assets 1,909 0
Working capital changes:    
Accounts receivable 13,729 6,338
Inventories (28,855) (17,240)
Prepaid expenses and current assets (5,692) (16,273)
Accounts payable and accrued expenses (7,924) (7,077)
CASH USED IN OPERATING ACTIVITIES (11,701) (5,779)
INVESTING ACTIVITIES:    
Capital expenditures (19,968) (7,431)
Other (44) 264
CASH USED IN INVESTING ACTIVITIES (20,012) (7,167)
FINANCING ACTIVITIES:    
Repayments of long-term debt (8,893) (3,750)
Borrowing of long-term debt 33,000 17,210
Tax withholding payments for share-based compensation (2,627) (987)
Proceeds from issuance of common stock 60 124
Dividends paid (3,900) (3,868)
Repurchase of common stock 0 (14,485)
CASH PROVIDED BY (USED) IN FINANCING ACTIVITIES: 17,640 (5,756)
Net cash used in operating, investing and financing activities (14,073) (18,702)
Effect of exchange rate changes on cash 56 (478)
CASH AND CASH EQUIVALENTS:    
Net change during the period (14,017) (19,180)
Balance at beginning of period 80,989 87,037
Balance at end of period $ 66,972 $ 67,857