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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Operating activities    
Net earnings $ 150,641 $ 243,878
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 122,302 121,888
(Gain) loss on disposal of property and equipment (168) (2,216)
Accretion of interest on convertible debt instruments 10,558 6,966
Inventory write-offs for obsolescence 19,214 17,059
Deferred income taxes (4,481) (12,348)
Loss on extinguishment of debt 1,307 17,309
Other 9,029 13,021
Change in U.S. transition tax liability (14,757) (14,400)
Change in repatriation tax liability (38,814) (156,767)
Net change in operating assets and liabilities, net of effects of businesses acquired (42,810) (125,499)
Net cash provided by operating activities 212,021 108,891
Investing activities    
Capital expenditures (100,267) (126,391)
Proceeds from sale of property and equipment 486 8,455
Purchase of businesses, net of cash received (11,862) (14,880)
Purchase of short-term investments (59,440) (172,732)
Maturity of short-term investments 79,765 577,524
Other investing activities 4,021 (1,608)
Net cash provided by (used in) investing activities (87,297) 270,368
Financing activities    
Proceeds from long-term borrowings 0 600,000
Issuance costs (5,394) (15,621)
Repurchase of convertible debentures (22,695) (584,991)
Net proceeds (payments) on revolving credit lines 0 (150,000)
Net changes in short-term borrowings (12) 0
Distributions to noncontrolling interests (600) (525)
Cash withholding taxes paid when shares withheld for vested equity awards (2,708) (2,297)
Net cash used in financing activities (71,132) (187,685)
Effect of exchange rate changes on cash and cash equivalents (8,141) (11,501)
Net increase in cash and cash equivalents 45,451 180,073
Cash and cash equivalents at beginning of period 686,032 748,032
Cash and cash equivalents at end of period 731,483 928,105
Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders (36,396) (31,378)
Class B Convertible Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders $ (3,327) $ (2,873)