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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Cash flows from operating activities:    
Net income $ 69,351 $ 70,409
Adjustments to reconcile net income to net cash flows from operating activities:    
Depreciation and amortization 22,806 19,478
Share-based compensation 4,372 4,233
Deferred income taxes 1,949 9,970
(Gain)/loss on disposals of plant and equipment 238 (440)
Gain on equity investment 0 (12,212)
Asset impairment 0 583
Foreign exchange expense 1,178 1,551
Excess tax from share-based payment arrangements (4,466) (3,762)
Changes in assets and liabilities, net of acquisitions:    
Receivables (30,723) (26,861)
Inventory (15,028) (30,550)
Accounts payable and accrued expenses 968 1,794
Income taxes 6,557 4,777
Employee benefit plans (4,608) (4,158)
Other 2,417 (8,742)
Net cash flows from operating activities 55,011 26,070
Cash flows from investing activities:    
Additions to property, plant, and equipment (50,783) (19,310)
Proceeds from sale of property, plant, and equipment 64 1,216
Additions to intangibles 71 0
Cash paid for acquisitions, net of cash acquired (2,236) (54,074)
Proceeds from loan to customer 236 219
Net cash flows from investing activities (52,648) (71,949)
Cash flows from financing activities:    
Proceeds from issuance of debt 66,424 70,124
Repayment of debt (40,413) (71,903)
Proceeds from issuance of common stock 12,955 11,796
Excess tax from share-based payment arrangements 4,466 3,762
Purchases of common stock (12,175) (16,484)
Dividends paid (11,590) (10,403)
Payment of contingent consideration liability (5,555) 0
Net cash flows from financing activities 14,112 (13,108)
Effect of exchange rate changes on cash (1,748) 1,367
Net change in cash and equivalents 14,727 (57,620)
Cash and equivalents at beginning of period 103,338 153,337
Cash and equivalents at end of period 118,065 95,717
Cash paid for income taxes 11,837 17,809
Cash paid for interest, net of capitalized interest of $748 and $161, respectively 7,619 8,355
Non-cash items:    
Additions to property, plant, and equipment, not yet paid 728 59
Pioneer Pump Holdings Inc
   
Non-cash items:    
Pioneer Pump Holdings, Inc. liability for mandatory share purchase 0 22,924
Impo Motor Pompa Sanayi ve Ticaret A.S.
   
Non-cash items:    
Payable to seller of acquired entities $ 0 $ 407