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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Operating activities:    
Net income $ 41,442 $ 40,526
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 12,748 12,659
Amortization of intangibles 3,502 2,858
Stock-based compensation 4,562 3,725
Non-cash inventory charge 1,725 205
Excess tax benefit on share-based compensation (3,494) (2,246)
Loss on sale of assets 120 60
Impairment and equity in net loss of unconsolidated affiliate 10,678 1,558
Changes in operating assets and liabilities:    
Accounts receivable (20,246) (21,679)
Inventories 3,354 (2,150)
Accounts payable 4,655 7,173
Accrued expenses (including post-retirement) (11,477) (6,930)
Accrued payroll and severance (1,725) (3,163)
Accrued taxes (7,563) 502
Prepaid expenses and other 724 (521)
Net cash provided by operating activities 39,005 32,577
Investing activities:    
Purchases of property, plant, and equipment (14,445) (6,747)
Acquisition of businesses, net of cash acquired (145,000) (23,521)
Purchase of investment   (10,000)
Purchase of short-term investments (8,478) (4,616)
Proceeds from sale of short-term investments   12,401
Proceeds from sale of assets 56 441
Net cash used in investing activities (167,867) (32,042)
FINANCING activities:    
Proceeds from term loan 100,000 17,000
Proceeds from revolving credit facility 152,000  
Payments of revolving credit facility (103,000) (17,500)
Debt issuance costs paid (808)  
Cash dividends paid (8,865) (7,806)
Proceeds from exercise of stock options 15,401 10,698
Excess tax benefit on share-based compensation 3,494 2,246
Net cash provided by financing activities 158,222 4,638
Effect of exchange rate changes on cash and cash equivalents (7,092) (371)
Increase in cash and cash equivalents 22,268 4,802
Cash and cash equivalents at beginning of period 235,404 164,016
Cash and cash equivalents at end of period $ 257,672 $ 168,818