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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities--    
Net earnings $ 92,352 $ 86,568
Adjustments to reconcile net earnings to net cash provided by operating activities--    
Depreciation and amortization expense 32,145 32,410
Non-cash share-based compensation 2,488 13,822
Deferred income taxes (6,584) (6,309)
Net periodic pension benefit (other than service costs) (1,497) (3,678)
Other Noncash Income (Expense) 25 691
Changes in assets and liabilities, net of acquisitions    
Accounts receivable, net 1,444 36,316
Inventories, net (28,742) (12,965)
Prepaid expenses and other assets 19,349 6,182
Accounts payable 19,062 7,804
Accrued expenses and other liabilities 11,092 (19,940)
Net cash provided by operating activities 141,134 140,901
Cash flows from investing activities--    
Additions to property and equipment (33,732) (13,743)
Payments to Acquire Intangible Assets (1,114) (80)
Acquisitions, net of cash acquired 9 (2,266)
Net cash (used in) investing activities (34,837) (16,089)
Cash flows from financing activities--    
Repayments under Credit Facility 10,938 10,938
Net repayments under foreign bank loan (433) (570)
Payments of deferred purchase price (2,885) 0
Repurchase of treasury stock (42,778) (16,995)
Other, net (57) (55)
Net cash (used in) provided by financing activities (57,091) (28,558)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations 6,404 (2,732)
Changes in cash and cash equivalents--    
Net (decrease) increase in cash and cash equivalents 55,610 93,522
Cash and cash equivalents at beginning of year 689,533 247,496
Cash and cash equivalents at end of quarter $ 745,143 $ 341,018