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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 03, 2021
Jul. 04, 2020
Operating activities    
Net earnings $ 165,024 $ 52,279
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 83,879 82,158
(Gain) loss on disposal of property and equipment (207) (43)
Accretion of interest on convertible debt instruments 0 7,125
Inventory write-offs for obsolescence 9,550 11,587
Deferred income taxes 519 (4,370)
Loss on extinguishment of debt 0 4,066
Other 5,758 954
Change in U.S. transition tax liability (14,757) 0
Change in repatriation tax liability 0 (16,258)
Net change in operating assets and liabilities (74,983) (12,589)
Net cash provided by operating activities 174,783 124,909
Investing activities    
Capital expenditures (60,710) (48,832)
Proceeds from sale of property and equipment 234 230
Purchase of short-term investments (27,488) (157,086)
Maturity of short-term investments 53,679 108,044
Other investing activities 347 (529)
Net cash provided by (used in) investing activities (33,938) (98,173)
Financing activities    
Repurchase of convertible debt instruments (300) (90,525)
Net proceeds (payments) on revolving credit lines 0 0
Net changes in short-term borrowings 0 (113)
Distributions to noncontrolling interests (800) (600)
Cash withholding taxes paid when shares withheld for vested equity awards (1,963) (2,016)
Net cash provided by (used in) financing activities (30,577) (120,738)
Effect of exchange rate changes on cash and cash equivalents (3,383) (201)
Net increase (decrease) in cash and cash equivalents 106,885 (94,203)
Cash and cash equivalents at beginning of period 619,874 694,133
Cash and cash equivalents at end of period 726,759 599,930
Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders (25,216) (25,185)
Class B Convertible Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders $ (2,298) $ (2,299)