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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 28, 2019
Jul. 29, 2018
Cash flows from operating activities:    
Net income (loss) $ (17,320) $ 35,551
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 191,485 30,974
Non-cash interest expense 6,233 1,140
Loss on extinguishment of debt 0 21,875
Share-based compensation expense 10,613 8,909
Loss on disposition of business, net 0 5,092
Gain on insurance recovery 0 (4,741)
Non-cash fair value premium on purchased inventory 16,249 0
Gains on asset sales, net (335) (875)
Provision for doubtful accounts (492) (177)
Deferred income taxes (45,192) (1,676)
Changes in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable (138,329) (13,512)
Inventories 63,327 (64,882)
Income taxes 1,256 2,446
Prepaid expenses and other (4,374) (3,686)
Accounts payable 8,486 34,567
Accrued expenses (21,005) 6,088
Other, net (2,783) (185)
Net cash provided by operating activities 67,819 56,908
Cash flows from investing activities:    
Acquisitions, net of cash acquired (179,184) 0
Capital expenditures (86,364) (34,867)
Proceeds from sale of property, plant and equipment 873 6,338
Business disposition, net 0 (1,426)
Proceeds from insurance 0 4,741
Net cash used in investing activities (264,675) (25,214)
Cash flows from financing activities:    
Proceeds from stock options exercised 0 1,279
Proceeds from ABL facility 290,000 85,000
Payments on ABL facility (120,000) (85,000)
Proceeds from term loan 0 415,000
Payments on term loan (12,810) (145,184)
Payments on senior notes 0 (265,470)
Payments on note payable 0 (1,245)
Payments of financing costs 0 (6,521)
Payments related to tax withholding for share-based compensation (231) (5,048)
Purchases of treasury stock 0 (46,705)
Net cash provided by (used in) financing activities 156,959 (53,894)
Effect of exchange rate changes on cash and cash equivalents 1,406 (92)
Net decrease in cash, cash equivalents and restricted cash (38,491) (22,292)
Cash, cash equivalents and restricted cash at beginning of period 147,607 65,794
Cash, cash equivalents and restricted cash at end of period $ 109,116 $ 43,502