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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net income $ 58,214 $ 11,278
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense from property, plant and equipment and financing leases 74,878 79,316
Amortization of intangible assets and deferred proceeds, net 11,518 11,512
Fair value adjustment of acquisition related contingent consideration 15,260 43,268
Loss on sale of property, plant and equipment 1,416 4,324
Deferred income taxes 21,670 4,017
Impairment of property, plant and equipment 1,350 1,155
Stock compensation expense 0 2,045
Amortization of debt costs 494 752
Change in current assets less current liabilities 20,935 (78,842)
Change in other noncurrent assets 13,420 5,228
Change in other noncurrent liabilities 9,848 4,071
Other 0 462
Total adjustments 170,789 77,308
Net cash provided by operating activities 229,003 88,586
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (72,886) (57,581)
Other distribution agreements 0 (4,654)
Investment in CONA Services LLC (1,582) (486)
Proceeds from the sale of property, plant and equipment 1,764 823
Net cash used in investing activities (72,704) (61,898)
Cash Flows from Financing Activities:    
Payments on revolving credit facility (280,000) (186,339)
Borrowings under revolving credit facility 235,000 206,339
Payments on term loan facility and senior notes (15,000) (132,500)
Proceeds from issuance of senior notes 0 100,000
Payments of acquisition related contingent consideration (20,531) (12,836)
Cash dividends paid (4,686) (4,682)
Payments on financing lease obligations (3,001) (4,261)
Debt issuance fees (145) (265)
Net cash used in financing activities (88,363) (34,544)
Net increase (decrease) in cash during period 67,936 (7,856)
Cash at beginning of period 9,614 13,548
Cash at end of period 77,550 5,692
Significant non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for lease obligations 32,224 21,220
Additions to property, plant and equipment accrued and recorded in accounts payable, trade 11,900 10,292
Class B Common Stock    
Significant non-cash investing and financing activities:    
Issuance of Class B Common Stock in connection with stock award $ 0 $ 4,776