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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2026
Mar. 30, 2025
Cash flows from operating activities:    
Net income $ 101,450 $ 296,343
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 118,481 104,518
Stock-based compensation 6,081 7,023
Deferred income tax benefit (4,873) (10,958)
Loss on property disposals 2,023 900
Loan cost amortization 1,216 1,239
Accretion of discount related to Senior Notes 584 608
Asset impairment 0 589
Gain on early extinguishment of debt recognized as a component of interest expense 0 (107)
Changes in operating assets and liabilities:    
Trade accounts and other receivables 74,288 (91,504)
Inventories (16,027) (64,233)
Prepaid expenses and other current assets 10,208 (44,021)
Accounts payable, accrued expenses and other current liabilities (157,052) (118,667)
Income taxes 18,015 51,887
Long-term pension and other postretirement obligations (1,196) (1,414)
Other operating assets and liabilities (12,380) (5,312)
Cash provided by operating activities 140,818 126,891
Cash flows from investing activities:    
Acquisitions of property, plant and equipment (234,780) (98,274)
Business acquisitions (3,073) 0
Proceeds from property disposals 1,679 1,185
Cash used in investing activities (236,174) (97,089)
Cash flows from financing activities:    
Payments on revolving line of credit, long-term borrowings and finance lease obligations (152) (3,553)
Cash used in financing activities (152) (3,553)
Effect of exchange rate changes on cash and cash equivalents (2,312) 8,060
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents (97,820) 34,309
Cash, cash equivalents, restricted cash and restricted cash equivalents, beginning of period 640,235 2,043,158
Cash, cash equivalents, restricted cash and restricted cash equivalents, end of period $ 542,415 $ 2,077,467