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CONDENSED CONSOLIDATED CASH FLOW STATEMENTS - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 51,937 $ 37,309
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 29,784 26,987
Share-based compensation 7,776 6,397
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals:    
Receivables (5,934) 54,472
Inventories (26,676) (9,657)
Accounts payable (8,612) (76,904)
Accrued liabilities (40,913) (45,868)
Income taxes 6,813 9,470
Other assets (3,634) (1,353)
Other liabilities (3,100) 1,868
Net cash provided by operating activities 7,441 2,721
Cash flows from investing activities:    
Capital expenditures (32,202) (24,250)
Proceeds from disposal of tangible assets 106 60
Cash from business acquisitions 7,918 0
Net cash used for investing activities (24,178) (24,190)
Cash flows from financing activities:    
Payments under share repurchase program (84,492) (57,865)
Withholding tax payments for share-based payment awards (13,671) (7,921)
Cash dividends paid (2,017) (2,075)
Payments under financing lease obligations (422) (227)
Proceeds from issuance of common stock 3,818 3,152
Net cash used for financing activities (96,784) (64,936)
Effect of foreign currency exchange rate changes on cash and cash equivalents 2,216 (3,809)
Decrease in cash and cash equivalents (111,305) (90,214)
Cash and cash equivalents, beginning of period 370,302 597,044
Cash and cash equivalents, end of period $ 258,997 $ 506,830