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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Apr. 03, 2021
Apr. 04, 2020
Operating activities    
Net earnings $ 71,643 $ 27,384
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 42,146 41,520
(Gain) loss on disposal of property and equipment (177) (45)
Accretion of interest on convertible debt instruments 0 3,637
Inventory write-offs for obsolescence 4,784 5,643
Deferred income taxes 901 (3,517)
Loss on extinguishment of debt 0 2,920
Other 5,728 3,524
Net change in operating assets and liabilities (67,703) (46,588)
Net cash provided by operating activities 57,322 34,478
Investing activities    
Capital expenditures (28,527) (24,328)
Proceeds from sale of property and equipment 200 53
Purchase of short-term investments (12,853) (35,463)
Maturity of short-term investments 29,519 0
Other investing activities 347 (1,507)
Net cash provided by (used in) investing activities (11,314) (61,245)
Financing activities    
Repurchase of convertible debt instruments (300) (19,849)
Net proceeds (payments) on revolving credit lines 0 54,000
Net changes in short-term borrowings 0 85
Cash withholding taxes paid when shares withheld for vested equity awards (1,963) (1,991)
Net cash provided by (used in) financing activities (16,020) 18,504
Effect of exchange rate changes on cash and cash equivalents (6,015) (5,167)
Net increase (decrease) in cash and cash equivalents 23,973 (13,430)
Cash and cash equivalents at beginning of period 619,874 694,133
Cash and cash equivalents at end of period 643,847 680,703
Common Stock [Member]    
Operating activities    
Net earnings 0 0
Financing activities    
Dividends paid to common stockholders (12,608) (12,592)
Class B Convertible Common Stock [Member]    
Operating activities    
Net earnings 0 0
Financing activities    
Dividends paid to common stockholders $ (1,149) $ (1,149)