XML 25 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Cash flows from operating activities:    
Net earnings $ 48,449 $ 57,757
Adjustments to reconcile net earnings to cash from operating activities:    
Depreciation and amortization 22,963 23,071
Gain from sale of fixed assets (1,392) (4,255)
Deferred income taxes 2,872 (1,336)
Pay-in-kind interest and accretion on notes receivable from affiliates (3,628) (3,111)
Loss (income) from affiliates (6,644) 2,850
Dividends received from affiliates 1,088 10,692
Other investment income, net (573) (2,186)
Other (14) (58)
Changes in current assets and liabilities, net of business acquired:    
Receivables, net of allowance 105,170 17,021
Inventories 27,522 (89,551)
Other current assets 6,060 2,416
Current liabilities, exclusive of debt (60,822) (37,193)
Other, net 2,919 2,824
Net cash from operating activities 143,970 (21,059)
Cash flows from investing activities:    
Purchase of short-term investments (429,011) (212,621)
Proceeds from the sale of short-term investments 326,826 174,596
Proceeds from the maturity of short-term investments 1,038 756
Capital expenditures (38,030) (34,888)
Proceeds from the sale of fixed assets 1,676 6,264
Investments in and advances to affiliates, net (41) (7,865)
Principal payments received on long-term notes receivable from affiliates   81,231
Purchase of long-term investments (2,290) (2,578)
Other, net 324 2,878
Net cash from investing activities (139,508) 7,773
Cash flows from financing activities:    
Notes payable to banks, net (15,923) 22,911
Principal payments of long-term debt (127) (13,131)
Repurchase of common stock (4,404) (367)
Other, net   (748)
Net cash from financing activities (20,454) 8,665
Effect of exchange rate change on cash (186) 255
Net change in cash and cash equivalents (16,178) (4,366)
Cash and cash equivalents at beginning of year 55,055 47,651
Cash and cash equivalents at end of period $ 38,877 $ 43,285