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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Dec. 30, 2017
Cash flows from operating activities:      
Net income $ 320,967 $ 105,944 $ 133,354
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 325,510 321,192 302,100
Deferred income taxes 20,530 (16,974) (98,805)
Loss/(gain) on sale of assets (20,582) 709 (237)
Gain (Loss) on Disposition of Business (2,967) 12,545 885
Asset Impairment Charges 0 2,907 0
Gain on insurance proceeds from insurance settlement (6,600) (1,253) (1,427)
Increase in long-term pension liability 1,831 1,463 2,383
Stock-based compensation expense 21,007 18,779 17,598
Debt extinguishment costs 12,126 23,509 0
Write-off deferred loan costs 270 320 766
Deferred loan cost amortization 5,846 7,870 8,736
Equity in net income of Diamond Green Diesel and other unconsolidated subsidiaries (364,880) (159,229) (28,504)
Distributions of earnings from Diamond Green Diesel and other unconsolidated subsidiaries 69,213 67,638 26,761
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable (26,086) (6,347) 3,482
Income taxes refundable/payable 9,542 (9,809) 9,360
Inventories and prepaid expenses (39,111) 2,391 (15,022)
Accounts payable and accrued expenses 32,436 14,534 73,386
Other 3,569 12,426 (24,380)
Net cash provided by operating activities 362,621 398,615 410,436
Cash flows from investing activities:      
Capital expenditures [1] (359,498) (321,896) (274,168)
Acquisitions, net of cash acquired (1,431) (107,727) (12,144)
Investment in unconsolidated subsidiaries (2,000) (12,250) (4,750)
Proceeds from sale of investment in subsidiary 3,671 82,760 0
Gross proceeds from sale of property, plant and equipment and other assets 18,235 19,328 8,090
Proceeds from insurance settlement 6,600 1,253 6,054
Payments related to routes and other intangibles (3,651) (3,883) (7,135)
Net cash used in investing activities (338,074) (342,415) (284,053)
Cash flows from financing activities:      
Proceeds from long-term debt 517,606 624,620 33,401
Payments on long-term debt (581,163) (686,628) (149,623)
Borrowings from revolving credit facility 469,227 543,898 199,495
Payments on revolving credit facility (461,669) (510,974) (204,935)
Net cash overdraft financing 38,367 3,460 (714)
Deferred loan costs (7,027) (9,668) (6,717)
Issuance of common stock 39 182 22
Repurchase of common stock (19,260) 0 0
Minimum withholding taxes paid on stock awards (4,472) (2,215) (3,049)
Deductions of noncontrolling interest 0 0 (17,451)
Distributions to noncontrolling interests (6,533) (10,257) (5,281)
Net cash used in financing activities (54,885) (47,582) (154,852)
Effect of exchange rate changes on cash flows (3,986) (8,165) 20,528
Net increase/(decrease) in cash, cash equivalents and restricted cash (34,324) 453 (7,941)
Cash, cash equivalents and restricted cash at beginning of year 107,369 106,916 114,857
Cash, cash equivalents and restricted cash at end of year 73,045 107,369 106,916
Supplemental disclosure of cash flow information:      
Accrued Capital Expenditures 6,714 5,951 1,521
Cash paid during the year for:      
Interest, net of capitalized interest 79,132 75,006 78,233
Income taxes, net of refunds 29,778 33,162 26,304
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 40,596 0 0
Non-cash financing activities      
Debt issued for service contract assets $ 25 $ 22 $ 9,459
[1]
Excludes capital assets acquired by acquisition in fiscal 2018 of approximately $31.6 million and excludes immaterial capital assets acquired by acquisition in fiscal 2017.