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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
OPERATING ACTIVITIES    
Net income $ 71,699 $ 99,720
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,375 28,630
Non-cash interest charges 132 132
Provisions for losses on trade and other accounts receivable 9,912 8,840
Gains on sales/disposals of operating property (1,389) (555)
Deferred income taxes, net (5,904) 1,752
Stock-based compensation 3,657 3,616
Changes in operating assets and liabilities:    
(Increase) decrease in trade and other accounts receivable (44,941) 11,665
Increase in other assets (26,544) (17,869)
Increase in accounts payable 18,224 5,555
Increase (decrease) in other liabilities 6,903 (935)
Increase in insurance claims 6,712 1,792
NET CASH PROVIDED BY OPERATING ACTIVITIES 62,836 142,343
INVESTING ACTIVITIES    
Sales and maturities of investments 84,755 59,791
Purchases of investments (86,838) (56,921)
Purchases of operating property (4,383) (16,778)
Proceeds from sales of operating property 5,690 3,431
NET CASH USED BY INVESTING ACTIVITIES (776) (10,477)
FINANCING ACTIVITIES    
Decrease in cash overdraft (2,892) (3,183)
Dividends paid (97,236) (95,012)
Taxes paid in lieu of shares issued related to stock-based compensation plans (916) (3,260)
Purchases of common stock (102,300) (56,515)
Principal payments on finance lease obligations (16,883) (14,907)
NET CASH USED BY FINANCING ACTIVITIES (220,227) (172,877)
Effect of exchange rate changes on cash and cash equivalents 2,386 (1,970)
Decrease in cash and cash equivalents (155,781) (42,981)
Cash and cash equivalents at beginning of period 515,018 481,043
Cash and cash equivalents at end of period $ 359,237 $ 438,062