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Condensed Consolidated Cash Flow Statements - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2023
Apr. 03, 2022
Cash flows from operating activities:    
Net income $ 62,945 $ 35,844
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 23,416 21,083
Share-based compensation 6,253 5,224
Loss on debt extinguishment 0 6,392
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals:    
Receivables 13,928 37,617
Inventories (28,152) (46,959)
Accounts payable (56,056) (21,373)
Accrued liabilities (54,551) (83,527)
Income taxes 2,701 2,209
Other assets (4,111) (2,915)
Other liabilities 1,755 (11,550)
Net cash used for operating activities (31,872) (57,955)
Cash flows from investing activities:    
Capital expenditures (13,844) (10,963)
Cash used for business acquisitions, net of cash acquired 0 (65,990)
Proceeds from disposal of tangible assets 1 56
Proceeds from disposal of businesses, net of cash sold 10,000 338,686
Net cash provided by (used for) investing activities (3,843) 261,789
Cash flows from financing activities:    
Payments under share repurchase program (50,000) (50,000)
Withholding tax payments for share-based payment awards (13,292) (3,700)
Cash dividends paid (2,146) (2,276)
Payments under financing lease obligations (38) (45)
Payments under borrowing arrangements 0 (230,639)
Proceeds from issuance of common stock 1,679 0
Net cash used for financing activities (63,797) (286,660)
Effect of foreign currency exchange rate changes on cash and cash equivalents 881 (1,349)
Decrease in cash and cash equivalents (98,631) (84,175)
Cash and cash equivalents, beginning of period 687,676 643,757
Cash and cash equivalents, end of period $ 589,045 $ 559,582