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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Operating activities    
Net earnings $ 120,376 $ 165,807
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 81,346 81,174
(Gain) loss on disposal of property and equipment (162) (2,242)
Accretion of interest on convertible debt instruments 6,985 2,964
Inventory write-offs for obsolescence 12,643 11,799
Deferred income taxes (5,601) (25,669)
Loss on extinguishment of debt 1,307 17,309
Other 4,283 4,148
Change in U.S. transition tax liability (14,757) (14,400)
Change in repatriation tax liability (20,479) (92,093)
Net change in operating assets and liabilities, net of effects of businesses acquired (50,122) (110,627)
Net cash provided by operating activities 135,819 38,170
Investing activities    
Capital expenditures (70,148) (76,646)
Proceeds from sale of property and equipment 464 8,378
Purchase of businesses, net of cash received (11,862) (14,880)
Purchase of short-term investments (1,970) (50,193)
Maturity of short-term investments 79,694 447,359
Other investing activities 2,893 (935)
Net cash provided by (used in) investing activities (929) 313,083
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 28,000 (54,000)
Net changes in short-term borrowings 22 119
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 (29,375) (79,308)
Effect of exchange rate changes on cash and cash equivalents (641) (12,921)
Net increase in cash and cash equivalents 104,874 259,024
Cash and cash equivalents at beginning of period 686,032 748,032
Cash and cash equivalents at end of period 790,906 1,007,056
Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders (23,822) (20,148)
Class B Convertible Common Stock [Member]    
Financing activities    
Dividends paid to common stockholders $ (2,178) $ (1,845)