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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2018
Dec. 31, 2017
Dec. 25, 2016
Cash flows from operating activities      
Net income $ 127,460 $ 6,837 $ 23,832
Adjustments to reconcile net income to net cash provided by operating activities:      
Restructuring charge 0 0 16,518
Pension settlement expense 0 102,109 21,294
Multiemployer pension plan charges 0 0 11,701
Depreciation and amortization 59,011 61,871 61,723
Stock-based compensation expense 12,959 14,809 12,430
(Gain)/loss from joint ventures (10,764) (18,641) 36,273
Deferred income taxes 4,047 105,174 (13,128)
Long-term retirement benefit obligations (46,877) (184,418) (56,942)
Other – net 1,139 (1,352) 4,525
Changes in operating assets and liabilities:      
Accounts receivable – net (37,579) 12,470 9,825
Other current assets 18,241 (30,527) 1,599
Accounts payable, accrued payroll and other liabilities 20,490 10,012 (32,276)
Unexpired subscriptions 8,990 8,368 6,502
Net cash provided by operating activities 157,117 86,712 103,876
Cash flows from investing activities      
Purchases of marketable securities (470,493) (466,522) (566,846)
Maturities/disposals of marketable securities 434,012 548,461 725,365
Cash distribution from corporate-owned life insurance 0 0 38,000
Business acquisitions 0 0 (40,410)
Proceeds/(purchases) of investments 12,447 15,591 (1,955)
Capital expenditures (77,487) (84,753) (30,095)
Other - net 426 1,323 409
Net cash (used) in/provided by investing activities (101,095) 14,100 124,468
Cash flows from financing activities      
Repayment of debt and capital lease obligations (552) (552) (189,768)
Dividends paid (26,418) (26,004) (25,897)
Stock issuances 41,288 4,601 761
Repurchases 0 0 (15,684)
Windfall tax benefit related to stock-based payments 0 0 3,193
Share-based compensation tax withholding (10,494) (4,064) (9,629)
Net cash provided by/(used) in financing activities 3,824 (26,019) (237,024)
Net increase/(decrease) in cash, cash equivalents and restricted cash 59,846 74,793 (8,680)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (983) 593 (237)
Cash, cash equivalents and restricted cash at the beginning of the year 200,936 125,550 134,467
Cash, cash equivalents and restricted cash at the end of the year 259,799 200,936 125,550
Cash payments      
Interest, net of capitalized interest 28 28 39
Income tax (refunds)/payments – net $ (1) $ 22 $ 45