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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
OPERATING ACTIVITIES    
Net income $ 124,400 $ 119,965
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of operating property and intangible assets 22,350 21,766
Non-cash interest charges 126 126
Provisions for losses on trade and other accounts receivable 4,194 4,297
Gains on sales/disposals of operating property (1,219) (988)
Deferred income taxes, net 5,060 5,585
Stock-based compensation 3,368 8,102
Changes in operating assets and liabilities:    
Decrease (increase) in trade and other accounts receivable 89,820 (48,651)
Increase in other assets (22,808) (16,537)
(Decrease) increase in accounts payable (28,565) 20,161
Decrease in other liabilities (14,315) (4,488)
Increase in insurance claims 1,665 3,691
NET CASH PROVIDED BY OPERATING ACTIVITIES 184,076 113,029
INVESTING ACTIVITIES    
Sales and maturities of investments 41,345 18,399
Purchases of investments (42,812) (19,653)
Purchases of operating property (9,224) (4,121)
Proceeds from sales of operating property 3,219 2,939
NET CASH USED BY INVESTING ACTIVITIES (7,472) (2,436)
FINANCING ACTIVITIES    
(Decrease) increase in cash overdraft (11,719) 3,123
Dividends paid (13,257) (75,481)
Proceeds from exercises of stock options 343 1,039
Taxes paid in lieu of shares issued related to stock-based compensation plans (8,438) (2,812)
Purchases of common stock (69,729) (105,488)
Principal payments on finance lease obligations (23,658) (22,768)
Purchase of noncontrolling interest (600)  
Payment of contingent consideration   (985)
NET CASH USED BY FINANCING ACTIVITIES (127,058) (203,372)
Effect of exchange rate changes on cash and cash equivalents 930 (996)
Increase (decrease) in cash and cash equivalents 50,476 (93,775)
Cash and cash equivalents at beginning of period 199,736 242,416
Cash and cash equivalents at end of period $ 250,212 $ 148,641