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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Cash flows from operating activities:    
Net income $ 7,398 $ 2,663
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71,114 72,256
Loss/(gain) on disposal of property, plant, equipment and other assets (125) 698
Deferred taxes (8,454) (3,705)
Increase/(decrease) in long-term pension liability 702 (1,146)
Stock-based compensation expense 6,732 2,440
Deferred loan cost amortization 2,176 2,794
Equity in net income of unconsolidated subsidiaries (706) (5,643)
Distributions of earnings from unconsolidated subsidiaries 25,000 0
Changes in operating assets and liabilities, net of effects from acquisitions:    
Accounts receivable (753) 7,118
Income taxes refundable/payable 7,576 400
Inventories and prepaid expenses (10,660) (21,206)
Accounts payable and accrued expenses (8,365) 3,336
Other 2,834 (14,962)
Net cash provided by operating activities 94,469 45,043
Cash flows from investing activities:    
Capital expenditures (62,292) (53,375)
Acquisitions, net of cash acquired 0 (8,511)
Investment in unconsolidated subsidiary (2,250) 0
Gross proceeds from disposal of property, plant and equipment and other assets 1,340 1,424
Proceeds from insurance settlement 3,301 1,181
Net cash used by investing activities (59,901) (59,281)
Cash flows from financing activities:    
Proceeds from long-term debt 8,649 8,760
Payments on long-term debt (9,265) (16,207)
Borrowings from revolving credit facility 47,000 33,000
Payments on revolving credit facility (52,327) (21,000)
Net cash overdraft financing (1,077) 0
Deferred loan costs (1,135) 0
Issuance of common stock 22 45
Repurchase of treasury stock 0 (5,000)
Minimum withholding taxes paid on stock awards (1,995) (1,788)
Excess tax benefits from stock-based compensation 0 (446)
Distributions to noncontrolling interests (433) 0
Net cash used by financing activities (10,561) (2,636)
Effect of exchange rate changes on cash 309 7,316
Net increase/(decrease) in cash and cash equivalents 24,316 (9,558)
Cash and cash equivalents at beginning of period 114,564 156,884
Cash and cash equivalents at end of period 138,880 147,326
Supplemental disclosure of cash flow information:    
Accrued capital expenditures (2,787) (6,595)
Cash paid during the period for:    
Interest, net of capitalized interest 19,022 20,597
Income taxes, net of refunds 2,429 5,114
Debt issued for assets 0 10
Contribution of assets to unconsolidated subsidiary $ 0 $ 2,674