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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
OPERATING ACTIVITIES      
Net income $ 195,946 $ 264,394 $ 430,914
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 56,738 58,153 57,453
Non-cash interest charges 263 263 355
Provisions for losses on trade and other accounts receivable 18,266 14,032 12,220
Gains on sales/disposals of operating property (1,597) (4,574) (2,944)
Deferred income taxes, net (6,990) (7,709) (5,360)
Stock-based compensation 3,435 4,282 12,399
Changes in operating assets and liabilities:      
Decrease in trade and other accounts receivable 37,834 222,895 219,190
Increase in other assets (16,094) (2,544) (5,938)
Decrease in accounts payable (12,355) (131,392) (76,758)
Increase (decrease) in other liabilities 8,509 (15,795) (31,571)
Increase (decrease) in insurance claims 2,606 (8,357) 12,699
NET CASH PROVIDED BY OPERATING ACTIVITIES 286,561 393,648 622,659
INVESTING ACTIVITIES      
Sales and maturities of investments 112,065 112,555 41,198
Purchases of investments (101,312) (101,639) (40,202)
Purchases of operating property (30,998) (25,688) (26,005)
Proceeds from sales of operating property 9,746 8,294 5,236
Purchase of non-marketable securities 0 0 (4,999)
NET CASH USED BY INVESTING ACTIVITIES (10,499) (6,478) (24,772)
FINANCING ACTIVITIES      
Decrease in cash overdraft (508) (31,412) (23,525)
Dividends paid (120,476) (117,130) (115,671)
Payment for debt issue costs 0 0 (1,080)
Proceeds from exercises of stock options 0 28 68
Taxes paid in lieu of shares issued related to stock-based compensation plans (3,928) (9,185) (10,428)
Purchases of common stock (81,400) (53,919) (285,983)
Principal payments on finance lease obligations (31,027) (36,353) (39,063)
NET CASH USED BY FINANCING ACTIVITIES (237,339) (247,971) (475,682)
Effect of exchange rate changes on cash and cash equivalents (4,748) 2,263 (2,195)
Increase in cash, cash equivalents and restricted cash 33,975 141,462 120,010
Cash, cash equivalents and restricted cash at beginning of period 481,043 339,581 219,571
Cash, cash equivalents at end of period $ 515,018 $ 481,043 $ 339,581