XML 21 R5.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2016
Dec. 28, 2014
Dec. 29, 2013
OPERATING ACTIVITIES:      
Net income $ 72,418 $ 24,808 $ 48,255
Adjustments to reconcile income to cash provided by operating activities      
Depreciation and amortization 30,803 30,677 24,670
Stock compensation amortization expense 13,948 3,998 7,935
Bad debt expense 763 137 253
Deferred income taxes and other 9,052 (3,534) 9,349
Cash received from insurance company 0 0 25,973
Working capital changes:      
Accounts receivable 18,738 (29,255) 3,478
Inventories (26,452) 1,343 (10,610)
Prepaid expenses and other current assets (8,332) 2,785 (25,354)
Accounts payable and accrued expenses 14,497 15,421 (17,316)
Cash provided by operating activities 125,435 46,380 66,633
INVESTING ACTIVITIES:      
Capital expenditures (27,188) (38,922) (91,851)
Other 731 2,415 3,074
Cash received from insurance company 0 0 23,024
Cash used in investing activities (26,457) (36,507) (65,753)
FINANCING ACTIVITIES:      
Credit facility borrowing 0 48,850 26,326
Credit facility repayments (45,267) (9,905) 0
Term loan borrowings 0 200,000 0
Term loan repayments (2,500) 0 0
Repurchase of common stock (13,306) (7,669) 0
Dividends paid (11,885) (9,297) (7,283)
Debt issuance costs 0 (1,099) (1,308)
Redemption/repurchase of senior notes 0 (247,500) (35,610)
Proceeds from issuance of common stock 359 408 1,881
Cash used in financing activities (72,599) (26,212) (15,994)
Net cash provided by (used in) operating, investing and financing activities 26,379 (16,339) (15,114)
Effect of exchange rate changes on cash (5,579) (1,648) (2,536)
CASH AND CASH EQUIVALENTS:      
Net increase (decrease) 20,800 (17,987) (17,650)
Balance, beginning of year 54,896 72,883 90,533
Balance, end of year $ 75,696 $ 54,896 $ 72,883