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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)
In Thousands
6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Cash flows from operating activities:    
Net income $ 32,910 $ 19,003
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 12,729 12,718
Share-based compensation 2,216 2,578
Deferred income taxes (909) 2,076
(Gain)/Loss on disposals of plant and equipment 1,021 (1,181)
Asset impairment 0 2,458
Foreign exchange expense 1,358 0
Excess tax from share-based payment arrangements (659) (608)
Changes in assets and liabilities:    
Receivables (35,294) (30,923)
Inventory (11,282) (5,035)
Accounts payable and accrued expenses 3,913 28,971
Income Taxes 6,721 (750)
Employee benefit plans (9,138) (6,219)
Other 2,280 (951)
Net cash flows from operating activities 5,866 22,137
Cash flows from investing activities:    
Additions to property, plant and equipment (8,213) (5,012)
Proceeds from sale of property, plant and equipment 307 1,468
Cash paid for acquisitions, net of cash acquired (24,869) 0
Additional consideration for prior acquisition (6,623) 0
Loan to customer (3,340) 0
Net cash flows from investing activities (42,738) (3,544)
Cash flows from financing activities:    
Repayment of long-term debt (52) (336)
Proceeds from issuance of common stock 3,423 1,713
Excess tax from share-based payment arrangements 659 608
Purchases of common stock (10,629) (3,516)
Dividends paid (6,167) (5,918)
Net cash flows from financing activities (12,766) (7,449)
Effect of exchange rate changes on cash 3,741 (5,081)
Net change in cash and equivalents (45,897) 6,063
Cash and equivalents at beginning of period 140,070 86,875
Cash and equivalents at end of period 94,173 92,938
Cash paid for income taxes 2,744 2,831
Cash paid for interest 4,614 4,223
Non-cash items:    
Payable to seller of acquired entities 5,748 309
Additions to property, plant, and equipment, not yet paid 943 1,971
Stock option exercises forfeitures, or stock retirements $ 0 $ 647