XML 18 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 01, 2017
Oct. 02, 2016
Cash flows from operating activities:    
Net income (loss) $ 83,772 $ 86,584
Adjustments to reconcile net income (loss) to net cash flow provided by (used in) operating activities:    
Loss (income) from discontinued operations, net of tax 518 608
Loss (gain) on disposal of subsidiaries 212 (6,575)
Depreciation 43,475 43,378
Amortization 17,782 19,199
Share based compensation expense 8,694 11,922
Deferred income taxes 8,359 7,924
Unrealized foreign exchange loss (gain) 1,083 789
Share of loss (income) from equity investees, net of tax (1,293) (1,413)
Dividend from equity investee 0 1,733
Pension and post-retirement expense (funding), net (5,743) (5,632)
Non-cash accruals and interest 1,161 2,212
Loss (gain) on sale of property, plant and equipment 1,529 1,090
Accounts receivable (39,532) (51,285)
Inventories (18,399) (33,218)
Prepaid expenses (1,745) 1,145
Accounts payable and accrued expenses 2,993 13,665
Other assets and liabilities (4,761) (274)
Net cash flow provided by (used in) operating activities 98,105 91,852
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 962 1,280
Additions to property, plant and equipment (52,340) (57,915)
Cash used in acquisitions, net of cash acquired 0 (599)
Cash proceeds from sale of subsidiaries, net of cash disposed 0 15,103
Restricted cash 301 449
Other investing activities (2,793) (1,761)
Net cash flow provided by (used in) investing activities (53,870) (43,443)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 155,246 390
Repayments of long-term debt (332) (881)
Tax witholding on share based awards (6,167) (4,057)
Distributions to non-controlling interests (2,955) (2,660)
Proceeds from exercise of common stock warrants 0 10,487
Repurchases of common shares (109,866) (90,180)
Net cash flow provided by (used in) financing activities 35,926 (86,901)
Net foreign currency translation adjustment on cash (844) (2,271)
Increase (decrease) in cash and cash equivalents 79,317 (40,763)
Cash and cash equivalents, beginning of period 71,714 89,187
Cash and cash equivalents, at end of period $ 151,031 $ 48,424