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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Operating activities    
Net earnings $ 216,719 $ 165,024
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 80,967 83,879
(Gain) loss on disposal of property and equipment (293) (207)
Inventory write-offs for obsolescence 10,777 9,550
Deferred income taxes 5,922 519
Other 6,733 5,758
Change in U.S. transition tax liability (14,757) (14,757)
Change in repatriation tax liability (25,201) 0
Net change in operating assets and liabilities (172,555) (74,983)
Net cash provided by operating activities 108,312 174,783
Investing activities    
Capital expenditures (95,700) (60,710)
Proceeds from sale of property and equipment 377 234
Purchase of short-term investments (7,769) (27,488)
Maturity of short-term investments 66,763 53,679
Other investing activities (199) 347
Net cash provided by (used in) investing activities (36,528) (33,938)
Financing activities    
Repurchase of convertible debt instruments 0 (300)
Net proceeds (payments) on revolving credit lines 6,000 0
Repurchase of common stock held in treasury (36,161) 0
Distributions to noncontrolling interests (733) (800)
Cash withholding taxes paid when shares withheld for vested equity awards (2,123) (1,963)
Net cash provided by (used in) financing activities (61,825) (30,577)
Effect of exchange rate changes on cash and cash equivalents (18,474) (3,383)
Net increase (decrease) in cash and cash equivalents (8,515) 106,885
Cash and cash equivalents at beginning of period 774,108 619,874
Cash and cash equivalents at end of period 765,593 726,759
Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders (26,389) (25,216)
Class B Convertible Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders $ (2,419) $ (2,298)