XML 14 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Cash Flow Statements (Unaudited) (USD $)
In Thousands
6 Months Ended
Jul. 03, 2011
Jul. 04, 2010
Cash flows from operating activities:    
Net income $ 56,615 $ 31,419
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 25,111 28,676
Share-based compensation 5,716 6,588
Pension funding less than (greater than) pension expense 1,820 (2,700)
Provision for inventory obsolescence 1,160 1,752
Non-cash loss on derivatives and hedging instruments 0 2,749
Tax deficiency (benefit) related to share-based compensation (1,796) 210
Income from equity method investment (7,717) (5,852)
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes and acquired businesses:    
Receivables (50,623) (61,382)
Inventories (18,616) (11,326)
Accounts payable 19,282 27,182
Accrued liabilities (14,535) (10,708)
Accrued taxes 13,040 (5,267)
Other assets 1,310 11,638
Other liabilities 383 (7,466)
Net cash provided by operating activities 31,150 5,513
Cash flows from investing activities:    
Cash used to acquire businesses, net of cash acquired (52,418) 0
Capital expenditures (14,883) (12,705)
Proceeds from disposal of tangible assets 1,222 2,332
Cash provided by other investing activities 0 163
Net cash used for investing activities (66,079) (10,210)
Cash flows from financing activities:    
Payments under borrowing arrangements 0 (46,268)
Cash dividends paid (4,718) (4,712)
Debt issuance costs (3,296) 0
Tax benefit (deficiency) related to share-based compensation 1,796 (210)
Proceeds from exercise of stock options 4,554 634
Net cash provided by (used for) financing activities (1,664) (50,556)
Effect of foreign currency exchange rate changes on cash and cash equivalents 7,252 (8,011)
Increase (decrease) in cash and cash equivalents (29,341) (63,264)
Cash and cash equivalents, beginning of period 358,653 308,879
Cash and cash equivalents, end of period $ 329,312 $ 245,615