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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 25, 2021
Sep. 26, 2020
Cash flows from operating activities:    
Net income (loss) $ 146,436 $ (28,662)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Gain on business divestitures (75,754) (35)
(Gain) loss on extinguishment of debt 3,411 (293)
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) 0 11,249
Gain from sale of property, plant and equipment (54) (4,328)
Depreciation and amortization 37,102 39,283
Share-based compensation expense 10,743 10,313
Non-cash inventory related charges 2,330 4,281
Deferred income taxes 3,801 (5,194)
Changes in accrued retiree medical benefits (409) 757
Changes in other accrued liabilities 49 (601)
Changes in other assets (941) 144
Amortization of cloud-based software implementation costs 1,157 830
Interest capitalized associated with cloud computing implementation (133) (95)
Amortization of debt discounts and issuance costs 542 892
Changes in assets and liabilities:    
Customer advances (3,402) (988)
Accounts receivable (65,538) 13,028
Inventories (27,531) (11,399)
Other current assets (1,932) 2,241
Accounts payable 18,284 (3,475)
Deferred profit 2,751 4,170
Income taxes payable 16,188 (1,245)
Accrued compensation, warranty and other liabilities 3,107 (2,631)
Operating lease right-of-use assets 5,339 5,237
Current and long-term operating lease liabilities (5,585) (5,459)
Net cash provided by operating activities 69,961 28,020
Cash flows from investing activities:    
Cash received from disposition of business, net of cash paid 120,886 2,975
Cash received from sale of property, plant and equipment 106 16,982
Purchases of short-term investments (168,918) 0
Sales and maturities of short-term investments 113,567 0
Purchases of property, plant and equipment (8,924) (13,559)
Net cash provided by investing activities 56,717 6,398
Cash flows from financing activities:    
Cash dividends paid 0 (4,971)
Repurchases of common stock, net (5,808) (220)
Proceeds from revolving line of credit and construction loans 1,279 5,878
Proceeds received from issuance of common stock, net of fees 223,119 0
Repayments of long-term debt (205,879) (20,246)
Net cash provided by (used in) financing activities 12,711 (19,559)
Effect of exchange rate changes on cash and cash equivalents 38 (863)
Net increase in cash and cash equivalents 139,427 13,996
Cash and cash equivalents at beginning of period 149,358 155,930
Cash and cash equivalents at end of period 288,785 169,926
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 6,067 5,122
Inventory capitalized as property, plant and equipment 1,511 827
Property, plant and equipment purchases included in accounts payable 634 1,635
Capitalized cloud computing service costs included in accounts payable 1,182 1,923
Cash paid for interest $ 5,381 $ 13,615