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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Cash Flows from Operating Activities:    
Net income $ 113,268 $ 26,824
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense from property, plant and equipment and financing leases 117,203 119,145
Amortization of intangible assets and deferred proceeds, net 17,286 17,271
Fair value adjustment of acquisition related contingent consideration 35,068 62,017
Impairment of property, plant and equipment 7,908 4,144
Deferred income taxes 5,302 5,254
Loss on sale of property, plant and equipment 3,656 5,474
Amortization of debt costs 778 1,032
Stock compensation expense 0 2,045
Change in current assets less current liabilities 69,975 (54,263)
Change in other noncurrent assets 16,360 12,581
Change in other noncurrent liabilities (11,451) 2,611
Other 1,048 448
Total adjustments 263,133 177,759
Net cash provided by operating activities 376,401 204,583
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (110,717) (96,747)
Proceeds from the sale of property, plant and equipment 2,397 1,028
Investment in CONA Services LLC (1,770) (1,713)
Other distribution agreements 0 (4,654)
Net cash used in investing activities (110,090) (102,086)
Cash Flows from Financing Activities:    
Payments on revolving credit facility (280,000) (376,339)
Borrowings under revolving credit facility 235,000 331,339
Payments on term loan facility and senior notes (22,500) (132,500)
Proceeds from issuance of senior notes 0 100,000
Payments of acquisition related contingent consideration (31,999) (18,784)
Cash dividends paid (7,030) (7,026)
Payments on financing lease obligations (4,428) (6,441)
Debt issuance fees (145) (305)
Net cash used in financing activities (111,102) (110,056)
Net increase (decrease) in cash during period 155,209 (7,559)
Cash at beginning of period 9,614 13,548
Cash at end of period 164,823 5,989
Significant non-cash investing and financing activities:    
Additions to leased property under financing leases 61,121 0
Right-of-use assets obtained in exchange for operating lease obligations 38,317 39,213
Additions to property, plant and equipment accrued and recorded in accounts payable, trade 25,477 8,909
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