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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 25, 2021
OPERATING ACTIVITIES      
Net income $ 264,394 $ 430,914 $ 381,524
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 58,153 57,453 49,609
Non-cash interest charges 263 355 447
Provisions for losses on trade and other accounts receivable 14,032 12,220 5,722
Gains on sales/disposals of operating property (4,574) (2,944) (1,830)
Deferred income taxes, net (7,709) (5,360) (3,790)
Stock-based compensation 4,282 12,399 27,537
Changes in operating assets and liabilities:      
Decrease (increase) in trade and other accounts receivable 222,895 219,190 (362,234)
(Increase) decrease in other assets (2,544) (5,938) 4,444
(Decrease) increase in accounts payable (131,392) (76,758) 224,125
(Decrease) increase in other liabilities (15,795) (31,571) 43,422
(Decrease) increase in insurance claims (8,357) 12,699 (92,236)
NET CASH PROVIDED BY OPERATING ACTIVITIES 393,648 622,659 276,740
INVESTING ACTIVITIES      
Sales and maturities of investments 112,555 41,198 31,938
Purchases of investments (101,639) (40,202) (84,992)
Purchases of operating property (25,688) (26,005) (23,261)
Proceeds from sales of operating property 8,294 5,236 2,971
Purchase of non-marketable securities 0 (4,999) 0
NET CASH USED BY INVESTING ACTIVITIES (6,478) (24,772) (73,344)
FINANCING ACTIVITIES      
(Decrease) increase in cash overdraft (31,412) (23,525) 41,730
Dividends paid (117,130) (115,671) (111,961)
Payment for debt issue costs 0 (1,080) 0
Proceeds from exercises of stock options 28 68 160
Taxes paid in lieu of shares issued related to stock-based compensation plans (9,185) (10,428) (2,342)
Purchases of common stock (53,919) (285,983) (122,722)
Principal payments on finance lease obligations (36,353) (39,063) (37,644)
Payment of deferred consideration 0 0 (168)
NET CASH USED BY FINANCING ACTIVITIES (247,971) (475,682) (232,947)
Effect of exchange rate changes on cash and cash equivalents 2,263 (2,195) (232)
Increase (decrease) in cash, cash equivalents and restricted cash 141,462 120,010 (29,783)
Cash, cash equivalents and restricted cash at beginning of period 339,581 219,571 249,354
Cash, cash equivalents and restricted cash at end of period $ 481,043 $ 339,581 $ 219,571