XML 24 R8.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 166,219 $ 160,001
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 166,671 152,592
Share-based compensation expense 19,860 24,935
Provision for deferred income taxes 3,998 (3,047)
Changes in assets and liabilities:    
Receivables, net 13,789 (70,608)
Inventory 928 1,445
Prepaid expenses and other (13,318) 125,550
Accounts payable (10,891) 7,608
Accrued income taxes 4,256 7,195
Deferred revenue (61,547) (7,205)
Other accrued liabilities 27,301 10,499
Net cash provided by operating activities 317,266 408,965
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital purchases (119,261) (79,711)
Capitalized software development costs (74,551) (73,602)
Purchases of investments (90,953) (151,387)
Sales and maturities of investments 110,104 101,674
Purchase of other intangibles (8,994) (8,472)
Net cash used in investing activities (183,655) (211,498)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of long-term debt 0 (75,000)
Proceeds from exercise of stock options 15,281 10,036
Payments to taxing authorities in connection with shares directly withheld from associates (1,730) (1,723)
Treasury stock purchases (20,542) (87,624)
Net cash used in financing activities (6,991) (154,311)
Effect of exchange rate changes on cash and cash equivalents 2,415 (680)
Net increase in cash and cash equivalents 129,035 42,476
Cash and cash equivalents at beginning of period 374,126 370,923
Cash and cash equivalents at end of period $ 503,161 $ 413,399