XML 24 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jul. 01, 2012
Jun. 26, 2011
Cash flows from operating activities    
Net earnings $ 40,848 $ 75,247
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation of plant and equipment 43,739 48,649
Amortization of intangibles 22,156 21,294
Program production cost amortization 13,156 10,238
Deferred income taxes 912 (6,049)
Stock-based compensation 12,557 16,609
Change in operating assets and liabilities:    
Decrease in accounts receivable 391,369 141,143
Increase in inventories (86,533) (54,212)
Increase in prepaid expenses and other current assets (59,683) (30,138)
Program production costs (25,085) (38,154)
Decrease in accounts payable and accrued liabilities (159,804) (45,188)
Other operating activities 7,149 (10,584)
Net cash provided by operating activities 200,781 128,855
Cash flows from investing activities    
Additions to property, plant and equipment (50,084) (51,116)
Investments and acquisitions, net of cash acquired 0 (10,000)
Other investing activities 5,941 3,328
Net cash utilized by investing activities (44,143) (57,788)
Cash flows from financing activities    
Net proceeds (repayments) from short-term borrowings 39,756 (1,975)
Purchases of common stock (9,926) (172,177)
Stock option transactions 33,422 23,316
Excess tax benefits from stock-based compensation 7,980 4,942
Dividends paid (85,317) (75,110)
Net cash utilized by financing activities (14,085) (221,004)
Effect of exchange rate changes on cash (4,310) 6,919
Increase (decrease) in cash and cash equivalents 138,243 (143,018)
Cash and cash equivalents at beginning of year 641,688 727,796
Cash and cash equivalents at end of period 779,931 584,778
Cash paid during the period for:    
Interest 47,213 45,201
Income taxes $ 40,066 $ 13,727