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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Nov. 27, 2016
Nov. 29, 2015
Nov. 30, 2014
Cash Flows from Operating Activities:      
Net income $ 291,209 $ 209,891 $ 104,309
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 103,878 102,044 109,474
Asset impairments 4,100 2,616 6,531
Gain on disposal of assets (6,058) (8,626) (197)
Unrealized foreign exchange (gains) losses (5,853) (371) 5,392
Realized (gain) loss on settlement of forward foreign exchange contracts not designated for hedge accounting (17,175) (14,720) 6,184
Employee benefit plans’ amortization from accumulated other comprehensive loss and settlement losses 14,991 16,983 45,787
Noncash loss on extinguishment of debt, net of write-off of unamortized debt issuance costs 0 3,448 5,103
Noncash restructuring charges 0 658 3,347
Amortization of deferred debt issuance costs 2,576 2,150 2,331
Stock-based compensation 9,333 15,137 12,441
Allowance for doubtful accounts 2,195 1,875 662
Deferred income taxes 66,078 58,386 (28,177)
Change in operating assets and liabilities:      
Trade receivables 6,150 4,060 (51,367)
Inventories (121,379) 28,566 (6,184)
Other current assets (22,944) (3,061) 5,377
Other non-current assets (9,103) (21,375) 1,509
Accounts payable and other accrued liabilities 43,040 (80,224) (28,871)
Restructuring liabilities (17,290) (36,711) 66,574
Income tax liabilities 7,653 (9,680) 19,224
Accrued salaries, wages and employee benefits and long-term employee related benefits (49,880) (44,714) (42,878)
Other long-term liabilities 5,029 (10,902) (3,740)
Other, net 0 2,902 78
Net cash provided by operating activities 306,550 218,332 232,909
Cash Flows from Investing Activities:      
Purchases of property, plant and equipment (102,950) (102,308) (73,396)
Proceeds from sale of assets 17,427 9,026 8,049
Proceeds (payments) on settlement of forward foreign exchange contracts not designated for hedge accounting 17,175 14,720 (6,184)
Acquisitions, net of cash acquired 0 (2,271) (318)
Net cash used for investing activities (68,348) (80,833) (71,849)
Cash Flows from Financing Activities:      
Proceeds from issuance of long-term debt 0 500,000 0
Repayments of long-term debt and capital leases (39,641) (528,104) (395,853)
Proceeds from senior revolving credit facility 180,000 345,000 265,000
Repayments of senior revolving credit facility (279,000) (346,000) (165,000)
Proceeds from short-term credit facilities 29,154 23,936 24,372
Repayments of short-term credit facilities (18,219) (21,114) (24,000)
Other short-term borrowings, net 13,475 (12,919) (10,080)
Debt issuance costs 0 (4,605) (2,684)
Change in restricted cash, net 2,967 1,615 1,060
Repurchase of common stock (2,563) (4,175) (5,314)
Excess tax benefits from stock-based compensation 278 1,471 826
Dividend to stockholders (60,000) (50,000) (30,003)
Net cash (used for) provided by financing activities (173,549) (94,895) (341,676)
Effect of exchange rate changes on cash and cash equivalents (7,661) (22,288) (10,387)
Net increase (decrease) in cash and cash equivalents 56,992 20,316 (191,003)
Beginning cash and cash equivalents 318,571 298,255 489,258
Ending cash and cash equivalents 375,563 318,571 298,255
Noncash Investing Activity:      
Purchases of property, plant and equipment not yet paid at end of period 19,903 23,958 19,728
Supplemental disclosure of cash flow information:      
Interest 67,052 77,907 110,029
Income taxes $ 57,148 $ 61,456 $ 60,525