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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2024
Apr. 01, 2023
Cash flows from operating activities--    
Net earnings $ 86,568 $ 99,089
Adjustments to reconcile net earnings to net cash provided by operating activities--    
Depreciation and amortization expense 32,410 34,947
Non-cash share-based compensation 13,822 12,232
Deferred income taxes (6,309) (33)
Net periodic pension benefit (other than service costs) (3,678) (2,251)
Other Noncash Income (Expense) 691 6,918
Changes in assets and liabilities, net of acquisitions    
Accounts receivable, net 36,316 (17,625)
Inventories, net (12,965) (30,825)
Prepaid expenses and other assets 6,182 4,555
Accounts payable 7,804 8,557
Accrued expenses and other liabilities (19,940) (23,562)
Net cash provided by operating activities 140,901 92,002
Cash flows from investing activities--    
Additions to property and equipment (13,743) (25,485)
Payments to Acquire Intangible Assets (80) (1,625)
Acquisitions, net of cash acquired (2,266) (9,340)
Net cash (used in) investing activities (16,089) (36,450)
Cash flows from financing activities--    
Proceeds under Credit Facility 0 195,000
Repayments under Credit Facility 10,938 190,875
Net (repayments) proceeds under foreign bank loan (570) 197
Repurchase of treasury stock (16,995) (67,648)
Other, net (55) (51)
Net cash (used in) provided by financing activities (28,558) (63,377)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations (2,732) 2,348
Changes in cash and cash equivalents--    
Net (decrease) increase in cash and cash equivalents 93,522 (5,477)
Cash and cash equivalents at beginning of year 247,496 162,001
Cash and cash equivalents at end of quarter 341,018 156,524
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]    
Stock issuance related to acquisition and purchase of intangible assets $ 0 $ 5,173