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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Consolidated net income $ 12,837 $ 34,274
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 9,067 6,482
Provision for inventory excess and obsolescence 810 549
Share-based compensation 2,044 1,469
Deferred income taxes 235 (1,607)
Earnings from equity-method investment   (104)
Gain on acquisition of business   (26,409)
Inventory acquisition fair value adjustment   1,035
Other 94 509
Changes in assets and liabilities which (used)/provided cash, excluding effects from businesses acquired:    
Accounts receivable 5,421 (3,690)
Inventories (7,423) (4,414)
Prepaid income taxes, income taxes receivable, prepaid expenses and other current assets 3,918 (462)
Accounts payable, income taxes payable, accrued expenses and other current liabilities (6,357) 4,851
Other non-current assets and liabilities (237) 277
Cash provided by operating activities 20,409 12,760
Cash flows from investing activities:    
Purchases of property, plant and equipment (2,933) (1,760)
Acquisition of businesses, net of cash acquired   (34,896)
Other investing activities 52  
Cash used in investing activities (2,881) (36,656)
Cash flows from financing activities:    
Borrowings under revolving credit facility   42,000
Repayments of long-term debt and revolving credit facility (5,300) (1,875)
Payments of contingent considerations   (2,398)
Repurchase of common stock   (370)
Payments of withholding taxes from stock-based awards (2,804) (1,669)
Capital lease payments (142) (215)
Other financing activities (74)  
Cash provided by (used in) financing activities (8,320) 35,473
Effect of exchange rates on cash and cash equivalents 1,862 329
Increase in cash and cash equivalents 11,070 11,906
Cash and cash equivalents, beginning of period 100,057 68,108
Cash and cash equivalents, end of period 111,127 80,014
Supplemental disclosure of cash flow information:    
Cash paid for interest 2,142 781
Cash paid for income taxes 3,896 1,819
Income tax refunds received $ 507 $ 23