XML 66 R57.htm IDEA: XBRL DOCUMENT v3.22.2
Additional Balance Sheet and Cash Flow Information - Reconciliation Of Net Income To Net Cash Used By Operating Activities (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2022
Mar. 27, 2022
Jun. 27, 2021
Mar. 28, 2021
Jun. 26, 2022
Jun. 27, 2021
Cash flows from operating activities:            
Net income (loss) $ 215,849 $ 222,502 $ 206,340 $ 259,144 $ 438,351 $ 465,484
Adjustments to reconcile Net income to Net cash provided by operating activities:            
Depreciation and amortization         77,389 81,323
Amortization of deferred loan origination costs         47,101 40,089
Amortization of financing origination fees         7,637 7,224
Provision for long-term employee benefits         (9,844) 13,366
Employee benefit plan contributions and payments         (5,466) (11,055)
Stock compensation expense         19,765 23,340
Net change in wholesale finance receivables related to sales         (201,326) (129,819)
Provision for credit losses         57,955 (6,273)
Deferred income taxes         2,475 12,732
Other, net         11,102 (2,065)
Changes in current assets and liabilities:            
Accounts receivable, net         (134,605) (124,738)
Finance receivables – accrued interest and other         4,255 9,691
Inventories, net         (33,986) 58,366
Accounts payable and accrued liabilities         (4,239) 196,606
Other current assets         (32,378) 10,029
Total adjustments         (194,165) 178,816
Net cash provided by operating activities         $ 244,186 $ 644,300