XML 24 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statement Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 25, 2012
Mar. 27, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,087) $ (1,962)
Reconciliation to net cash from continuing operations:    
Depreciation and amortization 30,741 31,231
Retirement benefit expense 225 2,275
Contribution to qualified defined benefit pension plan (40,000)  
Stock-based compensation expense 938 1,618
Equity income in unconsolidated companies (6,018) (3,172)
(Gain) loss on extinguishment of debt (4,433) 1,265
Other (86) 368
Changes in certain assets and liabilities:    
Trade receivables 43,422 46,977
Inventories (2,203) 1,758
Other assets (302) (1,447)
Accounts payable (3,795) (13,432)
Accrued compensation (2,505) (21,319)
Income taxes (12,598) (11,047)
Other liabilities (25,716) (24,678)
Net cash from operating activities (24,417) 8,435
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (6,955) (3,094)
Proceeds from sale of equipment and other 447 2,196
Equity investments and other-net   26
Net cash from investing activities (6,508) (872)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings of revolving bank debt   7,750
Repurchase of public notes (29,355) (28,431)
Other -principally stock transactions (1,357) (95)
Net cash from financing activities (30,712) (20,776)
NET CHANGE IN CASH AND CASH EQUIVALENTS (61,637) (13,213)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 86,020 17,508
CASH AND CASH EQUIVALENTS, END OF PERIOD 24,383 4,295
OTHER CASH FLOW INFORMATION:    
Income taxes (net of refunds) 8,935 1,529
Interest (net of capitalized interest) 68,061 69,872
Other non-cash financing activities:    
Financing obligation for contribution of real property to pension plan   49,710
Reduction of pension obligation   (49,710)
Non-refundable deposits offset against carrying value of land   (16,500)
Increase in PP&E for land transferred from other assets   $ 116,000