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CONDENSED CONSOLIDATED CASH FLOW STATEMENTS - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2024
Oct. 01, 2023
Cash flows from operating activities:    
Net income $ 140,032 $ 204,047
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 84,039 73,974
Share-based compensation 22,079 14,843
Gain on sale of assets 0 (12,056)
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals:    
Receivables 3,244 (48,949)
Inventories 8,918 16,211
Accounts payable (53,664) (42,456)
Accrued liabilities (24,410) (43,318)
Income taxes 1,220 548
Other assets (5,766) (6,706)
Other liabilities 1,665 3,855
Net cash provided by operating activities 177,357 159,993
Cash flows from investing activities:    
Cash used for business acquisitions, net of cash acquired (295,591) (106,712)
Capital expenditures (70,759) (61,870)
Proceeds from disposal of tangible assets 106 13,785
Proceeds from disposal of businesses, net of cash sold 0 9,300
Net cash used for investing activities (366,244) (145,497)
Cash flows from financing activities:    
Payments under share repurchase program (77,954) (150,000)
Withholding tax payments for share-based payment awards (8,930) (17,309)
Cash dividends paid (6,154) (6,408)
Payments under financing lease obligations (694) (254)
Proceeds from issuance of common stock 8,917 6,568
Net cash used for financing activities (84,815) (167,403)
Effect of foreign currency exchange rate changes on cash and cash equivalents (360) (3,798)
Decrease in cash and cash equivalents (274,062) (156,705)
Cash and cash equivalents, beginning of period 597,044 687,676
Cash and cash equivalents, end of period $ 322,982 $ 530,971