XML 49 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Cash Flow Statements (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net income (loss) $ (229,547) $ 117,220
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Goodwill and other asset impairment 342,146 0
Depreciation and amortization 108,328 111,896
Share-based compensation 12,115 14,657
Loss on debt extinguishment 0 22,990
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes and acquired businesses:    
Receivables 6,002 (25,338)
Inventories 32,261 (16,642)
Accounts payable (78,346) (81,296)
Accrued liabilities (70,368) (29,474)
Income taxes (19,650) 4,463
Other assets (9,088) (13,267)
Other liabilities (4,336) (4,350)
Net cash provided by operating activities 89,517 100,859
Cash flows from investing activities:    
Capital expenditures (74,068) (63,451)
Cash used to acquire businesses, net of cash acquired (50,951) (84,580)
Proceeds from disposal of tangible assets 19 1,556
Proceeds from disposal of business 0 40,171
Net cash used for investing activities (125,000) (106,304)
Cash flows from financing activities:    
Payments under share repurchase program (50,000) (125,000)
Cash dividends paid (32,153) (32,421)
Withholding tax payments for share-based payment awards (2,063) (2,004)
Other (232) 0
Payments under borrowing arrangements 0 (484,757)
Debt issuance costs paid 0 (7,609)
Redemption of stockholders' rights agreement 0 (411)
Borrowings under credit arrangements 0 431,270
Net cash used for financing activities (84,448) (220,932)
Effect of foreign currency exchange rate changes on cash and cash equivalents (3,937) (5,704)
Decrease in cash and cash equivalents (123,868) (232,081)
Cash and cash equivalents, beginning of period 420,610 561,108
Cash and cash equivalents, end of period $ 296,742 $ 329,027