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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Oct. 03, 2020
Sep. 28, 2019
Cash flows from operating activities:    
Net (loss) income $ (18,889) $ 41,752
Non-cash and other reconciling items:    
Depreciation 21,845 24,669
Amortization 20,117 19,911
Amortization of Operating Lease Assets 14,079 15,839
Deferred income taxes 6,614 (3,970)
Stock-based compensation 4,961 7,218
Asset impairment expense 15,166  
Other, net 10,898 8,034
Changes in (net of effects from businesses acquired and divested):    
Receivables (7,116) (6,703)
Inventories (136,426) (64,194)
Accounts payable 228,740 189,746
Accrued expenses and other, net (37,545) (36,660)
Net cash flows provided by operating activities 122,444 195,642
Cash flows from financing activities:    
Borrowings under accounts receivable securitization, net 166,900 110,800
Repayments under senior unsecured credit facility, net (234,190) (1,100)
Repayments under bank credit facilities and other debt, net (545) (745)
Repurchases of common stock   (110,805)
Dividends paid on common stock (20,756) (21,451)
Other, net 281 548
Net cash flows used for financing activities (88,310) (22,753)
Cash flows from investing activities:    
Purchases of property, plant and equipment (19,998) (29,864)
Acquisitions of assets (18,700)  
Other, net 753 (12,515)
Net cash flows used for investing activities (37,945) (42,379)
Effect on currency exchange rate changes on cash and cash equivalents 9,829 (12,507)
Cash and cash equivalents:    
Increase 6,018 118,003
Cash and cash equivalents at beginning of year 477,038 546,105
Cash and cash equivalents at end of year $ 483,056 $ 664,108