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Condensed Consolidated Cash Flow Statements (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 04, 2021
Jun. 28, 2020
Cash flows from operating activities:    
Net income (loss) $ 72,713 $ (79,100)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 43,272 53,533
Share-based compensation 13,513 8,798
Asset impairment charges 6,995 113,007
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals:    
Receivables (90,810) 52,602
Inventories (50,111) (9,769)
Accounts payable 50,158 (86,382)
Accrued liabilities 227 (13,697)
Income taxes 1,474 (46,274)
Other assets (6,924) 13,971
Other liabilities (13,853) (18,819)
Net cash provided by (used for) operating activities 26,654 (12,130)
Cash flows from investing activities:    
Cash from (used for) business acquisitions, net of cash acquired (73,749) 590
Capital expenditures (30,866) (41,734)
Purchase of intangible assets (3,650) 0
Proceeds from disposal of tangible assets 3,249 3,090
Proceeds from disposal of business, net of cash sold 10,798 0
Net cash used for investing activities (94,218) (38,054)
Cash flows from financing activities:    
Cash dividends paid (4,493) (4,572)
Withholding tax payments for share-based payment awards (2,009) (1,058)
Payments under borrowing arrangements (1,841) (100,000)
Debt issuance costs paid (1,728) 0
Other (75) (111)
Payments under share repurchase program 0 (35,000)
Payment of earnout consideration 0 (29,300)
Borrowings on revolver 0 190,000
Net cash provided by (used for) financing activities (10,146) 19,959
Effect of foreign currency exchange rate changes on cash and cash equivalents (993) (2,620)
Decrease in cash and cash equivalents (78,703) (32,845)
Cash and cash equivalents, beginning of period 501,994 425,885
Cash and cash equivalents, end of period $ 423,291 $ 393,040