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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Cash Flows from Operating Activities:    
Net income $ 70,542 $ 71,331
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation, amortization and accretion 11,739 9,001
Provision for doubtful accounts 85 219
Benefit for deferred income taxes (2,462) (434)
Provision for non-cash stock compensation 752 1,510
Changes in assets and liabilities:    
Accounts receivable 6,693 (8,662)
Inventories (21,727) (12,051)
Prepaids and other current assets (397) (797)
Other assets (4,652) (4,764)
Accounts payable 377 (9,168)
Accrued compensation and other liabilities (3,467) 1,221
Cash provided by operating activities 57,483 47,406
Cash Flows from Investing Activities:    
Property, plant and equipment additions (16,534) (22,992)
Purchase of equity investment (2,000)  
Cash used in investing activities (18,534) (22,992)
Cash Flows from Financing Activities:    
Proceeds from exercise of stock options 16 463
Other stock related activity 34 81
Purchase and cancellation of common stock (7,334) (41,341)
Cash used in financing activities (7,284) (40,797)
Net Increase (Decrease) in Cash and Cash Equivalents 31,665 (16,383)
Cash and Cash Equivalents, Beginning of Period 47,656 60,593
Cash and Cash Equivalents, End of Period 79,321 44,210
Supplemental Cash Flow Information    
Cash paid for interest expense 211 176
Cash paid for income taxes $ 41,709 $ 38,192