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Statement of Cash Flows (USD $)
In Thousands
6 Months Ended
Jul. 01, 2011
Jul. 02, 2010
Cash flows from operating activities:    
Net earnings $ 27,007 $ 7,803
Adjustments to reconcile net earnings to    
Depreciation and amortization 10,805 9,457
Change in Allowance for doubtful accounts (300) (93)
Accretion of convertible notes discount 815 0
Net (gain)/loss on sale of assets 36 (520)
(Gain) on Due to Commonwealth of Australia, net of gain (loss) on derivative instruments 177 (487)
Stock compensation expense 4,655 2,654
Excess tax (benefit) from share-based compensation arrangements (737) (179)
Deferred income taxes 3,481 (2,364)
Changes in assets and liabilities, excluding effects of acquisitions/divestures:    
Accounts receivable (11,302) (14,867)
Inventories (430) (10,470)
Income tax receivable (142) (2,417)
Other current assets 13,265 2,226
Accounts payable - trade (4,615) 7,918
Accrued contract losses 255 1,719
Advances on contracts 4,446 8,238
Accrued expenses and payables (30,652) 4,277
Income taxes payable (301) (4,912)
Pension liabilities (6,430) 6,675
Other long-term liabilities (3,887) (1,149)
Net cash provided by (used in) operating activities 6,146 13,509
Cash flows from investing activities:    
Proceeds from sale of assets 232 1,075
Expenditures for property, plant & equipment (12,530) (8,124)
Acquisition of businesses including earn out adjustment, net of cash received (2,015) (50,637)
Other, net 312 963
Cash provided by (used in) investing activities (14,001) (56,723)
Cash flows from financing activities:    
Net borrowings (repayments) under revolving credit agreements (3,803) 41,266
Debt repayment (2,500) (2,500)
Net change in book overdraft 5,940 1,288
Proceeds from exercise of employee stock options and employee purchases of stock 4,001 1,599
Dividends paid (7,520) (7,444)
Debt issuance costs (715) (43)
Windfall tax benefit 737 179
Other (1,311) (211)
Cash provided by (used in) financing activities (5,171) 34,134
Net increase (decrease) in cash and cash equivalents (13,026) (9,080)
Effect of exchange rate changes on cash and cash equivalents 532 (1,791)
Cash and cash equivalents at beginning of period 32,232 18,007
Cash and cash equivalents at end of period $ 19,738 $ 7,136