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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 28, 2015
Jun. 29, 2014
Cash flows from operating activities    
Net earnings $ 66,103 $ 64,334
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation of plant and equipment 50,749 50,078
Amortization of intangibles 26,299 25,294
Program production cost amortization 18,316 11,368
Deferred income taxes (5,234) (2,613)
Stock-based compensation 21,714 17,850
Change in operating assets and liabilities:    
Decrease in accounts receivable 333,467 342,413
Increase in inventories (100,563) (143,102)
Decrease (increase) in prepaid expenses and other current assets 435 (1,019)
Program Production Costs (21,557) (15,818)
Decrease in accounts payable and accrued liabilities (162,483) (217,617)
Other 8,858 (21,898)
Net cash provided by operating activities 236,104 109,270
Cash flows from investing activities    
Additions to property, plant and equipment (67,709) (51,636)
Investments and acquisitions, net of cash acquired (3,000) 0
Other 11,706 (1,028)
Net cash utilized by investing activities (59,003) (52,664)
Cash flows from financing activities    
Net proceeds from borrowings with maturity greater than three months 0 559,986
Repayments of borrowings with maturity greater than three months 0 (425,000)
Net (repayments of) proceeds from other short-term borrowings (84,420) 1,430
Purchases of common stock (49,156) (213,935)
Stock option transactions 34,297 26,776
Excess tax benefits from stock-based compensation 7,947 4,693
Dividends paid (110,902) (108,097)
Other financing activities (81) 0
Net cash utilized by financing activities (202,315) (154,147)
Effect of exchange rate changes on cash (9,495) 1,243
Decrease in cash and cash equivalents (34,709) (96,298)
Cash and cash equivalents at beginning of year 893,167 682,449
Cash and cash equivalents at end of period 858,458 586,151
Cash paid during the period for:    
Interest 43,977 51,023
Income taxes $ 36,727 $ 41,905