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Condensed Consolidated Statements of Cash Flows - Unaudited - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 28, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 22,350 $ 25,367
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 8,925 8,093
Pension and other post-retirement plan (income) expense (794) 3,297
Equity-based compensation 967 2,362
Restructuring charges 206 2,856
Prepaid pension assets 0 (4,422)
Deferred income taxes 2,877 0
(Gain) loss on sales of fixed assets (11,351) (1)
(Gain) loss on foreign currency hedges (3) 0
Proceeds from settlement of foreign currency hedges 46 0
Changes in assets and liabilities:    
Accounts receivable (5,805) (6,628)
Inventories 842 (2,914)
Other assets (2,115) (409)
Accounts payable 169 1,556
Accrued payroll and benefits 876 (704)
Accrued expenses (2,594) (2,588)
Income taxes payable 800 1,210
Other liabilities (1,466) (11,581)
Pension and other post-retirement plans (175) 0
Net cash provided by operating activities 13,755 15,494
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (7,483) (3,905)
Proceeds from sale of assets 12,237 3
Payment for acquisition, net of cash acquired (73,063) 0
Net cash used in investing activities (68,309) (3,902)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of long-term debt (1,462,100) (562,300)
Proceeds from borrowings of long-term debt 1,482,200 576,000
Purchase of treasury stock 0 (11,369)
Dividends paid (2,612) (2,668)
Windfall tax benefits from equity awards 696 147
Proceeds from exercise of stock options 0 64
Net cash provided by (used in) financing activities 18,184 (126)
Effect of exchange rate changes on cash and cash equivalents (646) 817
Net (decrease) increase in cash and cash equivalents (37,016) 12,283
Cash and cash equivalents at beginning of period 156,928 134,508
Cash and cash equivalents at end of period 119,912 146,791
Supplemental cash flow information:    
Cash paid for interest 1,547 1,046
Cash paid for income taxes, net $ 8,703 $ 4,248