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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Oct. 02, 2021
Oct. 03, 2020
Operating activities    
Net earnings $ 262,106 $ 85,940
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 125,095 123,776
(Gain) loss on disposal of property and equipment (254) 257
Accretion of interest on convertible debt instruments 0 10,232
Inventory write-offs for obsolescence 14,960 17,891
Deferred income taxes (4,208) (1,142)
Loss on extinguishment of debt 0 7,520
Other 8,376 3,188
Change in U.S. transition tax liability (14,757) (14,757)
Change in repatriation tax liability 0 (16,258)
Net change in operating assets and liabilities (80,866) (27,408)
Net cash provided by operating activities 310,452 189,239
Investing activities    
Capital expenditures (118,156) (70,801)
Proceeds from sale of property and equipment 1,257 293
Purchase of businesses, net of cash received 0 (25,852)
Purchase of short-term investments (55,491) (157,177)
Maturity of short-term investments 126,171 241,016
Other investing activities 347 (529)
Net cash provided by (used in) investing activities (45,872) (13,050)
Financing activities    
Repurchase of convertible debt instruments (300) (148,177)
Net changes in short-term borrowings 0 (110)
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 (44,334) (192,130)
Effect of exchange rate changes on cash and cash equivalents (8,360) 4,230
Net increase (decrease) in cash and cash equivalents 211,886 (11,711)
Cash and cash equivalents at beginning of period 619,874 694,133
Cash and cash equivalents at end of period 831,760 682,422
Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders (37,823) (37,779)
Class B Convertible Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders $ (3,448) $ (3,448)