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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 28, 2015
Jun. 29, 2014
Cash flows from operating activities    
Net income $ 1,798 $ 10,913
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:    
Gain on insurance settlement 0 (1,421)
Pension settlement charges 40,329 9,525
Multiemployer pension plan withdrawal expense 4,697 0
Early termination charge 0 2,550
Depreciation and amortization 30,654 39,261
Stock-based compensation expense 4,670 5,015
Undistributed loss of joint ventures 928 2,122
Long-term retirement benefit obligations (4,581) (36,173)
Uncertain tax positions 152 11,273
Other-net 7,642 4,162
Changes in operating assets and liabilities:    
Accounts receivable-net 58,081 42,830
Inventories (1,101) 73
Other current assets 8,680 (4,833)
Accounts payable, accrued payroll and other liabilities (87,644) (78,190)
Unexpired subscriptions 1,375 991
Net cash provided by operating activities 65,680 8,098
Cash flows from investing activities    
Purchases of marketable securities (393,839) (328,491)
Maturities of marketable securities 470,457 268,441
Repayment of borrowings against cash surrender value of corporate-owned life insurance 0 (26,005)
Purchase of investments – net of proceeds (3,242) (297)
Capital expenditures (14,446) (18,283)
Proceeds from insurance settlement 0 1,200
Change in restricted cash (1,230) (1,100)
Other-net (270) (334)
Net cash provided by/(used in) investing activities 57,430 (104,869)
Cash flows from financing activities    
Repayment of debt and capital lease obligations (223,659) (297)
Dividends paid (13,365) (12,106)
Stock issuances 102,640 1,120
Repurchases (9,342) 0
Net cash used in financing activities (143,726) (11,283)
Net decrease in cash and cash equivalents (20,616) (108,054)
Effect of exchange rate changes on cash (990) (65)
Cash and cash equivalents at the beginning of the period 176,607 482,745
Cash and cash equivalents at the end of the period $ 155,001 $ 374,626