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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands, TRY in Millions
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Jan. 02, 2016
USD ($)
Cash flows from operating activities:      
Net income $ 78,593 $ 79,315 $ 73,691
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 38,506 35,534 35,476
Share-based compensation 7,109 6,889 5,626
Income taxes-U.S. Tax Cuts and Jobs Act 10,198 0 0
Deferred income taxes (6,311) 2,978 (6,802)
Loss on disposals of plant and equipment 1,572 751 1,542
Realized gain on share purchase liability 0 0 (2,723)
Gain on equity investment (5,165) 0 0
Foreign exchange (income)/expense (1,025) (1,057) 869
Excess tax from share-based payment arrangements 0 0 (932)
Changes in assets and liabilities, net of acquisitions:      
Receivables 9,948 (21,334) 3,444
Inventory (46,372) (7,636) 9,350
Accounts payable and accrued expenses (11,071) 11,782 (19,744)
Income taxes (2,513) 4,709 5,575
Employee benefit plans (2,529) (1,049) (2,455)
Other, net (4,186) 4,492 (3,314)
Net cash flows from operating activities 66,754 115,374 99,603
Cash flows from investing activities:      
Additions to property, plant, and equipment (33,484) (39,136) (26,171)
Proceeds from sale of property, plant, and equipment 211 6,028 202
Cash paid for acquisitions, net of cash acquired (51,783) (1,007) (3,761)
Additional consideration for prior acquisition 0 0 (127)
Other, net 355 346 274
Net cash flows from investing activities (84,701) (33,769) (29,583)
Cash flows from financing activities:      
Proceeds from issuance of debt 193,358 64,681 233,486
Repayment of debt (191,476) (95,066) (189,910)
Proceeds from issuance of common stock 4,497 5,243 2,050
Excess tax from share-based payment arrangements 0 0 932
Purchases of common stock (3,621) (7,422) (48,579)
Dividends paid (20,289) (19,137) (18,926)
Purchase of redeemable noncontrolling shares (5,047) 0 0
Share purchase liability payment 0 0 (20,200)
Net cash flows from financing activities (22,578) (51,701) (41,147)
Effect of exchange rate changes on cash 3,427 (7,134) (6,453)
Net change in cash and equivalents (37,098) 22,770 22,420
Cash and equivalents at beginning of period 104,331 81,561 59,141
Cash and equivalents at end of period 67,233 104,331 81,561
Cash paid for income taxes, net of refunds 25,810 22,296 14,264
Cash paid for interest 9,373 8,965 10,211
Non-cash items:      
Payable to seller of Bombas Leao, S.A 0 24 24
Additions to property, plant, and equipment, not yet paid $ 168 $ 366 $ 960