XML 30 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Oct. 02, 2011
Oct. 03, 2010
Cash flows from operating activities:  
Net earnings$ 15,111$ 17,238
Adjustments to reconcile net earnings to net cash provided by operating activities:  
Depreciation and amortization13,17613,244
Prepaid pension asset(6,486)(5,985)
Equity-based compensation - Note B3,3632,911
Restructuring charge - Note M694 
Amortization of retirement benefit adjustments - Note F4,4313,646
Insurance recovery for business interruption and property damage - fire(4,579) 
Insurance proceeds for business interruption and property damage other than property, plant and equipment - fire3,745 
Other(1,955)(987)
Changes in assets and liabilities, net of acquisitions  
Accounts receivable6,619(17,929)
Inventories(14,184)(21,587)
Other current assets(1,750)(2,697)
Accounts payable and accrued liabilities(4,809)20,241
Total adjustments(1,735)(9,143)
Net cash provided by operating activities13,3768,095
Cash flows from investing activities:  
Payment for acquisition, net of cash acquired(2,930) 
Earnout payment related to a 2008 acquisition (500)
Insurance proceeds for property, plant and equipment damaged in fire3,057 
Capital expenditures(10,216)(10,505)
Capital expenditures to replace property, plant and equipment damaged in fire(2,930) 
Proceeds from sales of assets 1,530
Net cash used in investing activities(13,019)(9,475)
Cash flows from financing activities:  
Payments of long-term debt - Note E(3,056,200)(2,488,950)
Proceeds from borrowings of long-term debt - Note E3,075,9002,515,650
Payments of short-term notes payable(4,464)(2,258)
Proceeds from borrowings of short-term notes payable4,4642,258
Purchase of treasury stock(1,337) 
Dividends paid(3,089)(3,063)
Exercise of stock options472 
Other20669
Net cash provided by financing activities15,95223,706
Effect of exchange rate on cash and cash equivalents(452)(462)
Net increase in cash and cash equivalents15,85721,864
Cash and cash equivalents at beginning of year73,31551,167
Cash and cash equivalents at end of period89,17273,031
Supplemental cash flow information  
Interest1,314633
Income taxes - net$ 3,038$ 2,370