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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2019
Apr. 29, 2018
Cash flows from operating activities:    
Net income (loss) $ (42,484) $ (435)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 127,476 20,800
Non-cash interest expense 3,954 781
Loss on extinguishment of debt 0 21,875
Share-based compensation expense 7,479 7,868
Loss on disposition of business, net 0 6,192
Non-cash fair value premium on purchased inventory 16,249 0
Gains on asset sales, net (277) (250)
Provision for doubtful accounts (205) (44)
Deferred income taxes (48,515) (1,676)
Changes in operating assets and liabilities, net of effect of acquisitions:    
Accounts receivable (133,820) 17,060
Inventories 29,430 (24,920)
Income taxes 2,245 (2,822)
Prepaid expenses and other (706) (4,182)
Accounts payable 15,079 12,686
Accrued expenses (2,952) (12,016)
Other, net (2,867) (931)
Net cash provided by (used in) operating activities (29,914) 39,986
Cash flows from investing activities:    
Acquisitions, net of cash acquired (179,184) 0
Capital expenditures (57,220) (16,897)
Proceeds from sale of property, plant and equipment 873 2,678
Business disposition, net 0 (4,415)
Net cash used in investing activities (235,531) (18,634)
Cash flows from financing activities:    
Proceeds from stock options exercised 0 1,040
Proceeds from ABL facility 270,000 65,000
Payments on ABL facility (50,000) (65,000)
Proceeds from term loan 0 415,000
Payments on term loan (12,810) (144,147)
Payments on senior notes 0 (265,470)
Payments on note payable 0 (441)
Payments of financing costs 0 (6,275)
Payments related to tax withholding for share-based compensation (167) (4,612)
Purchases of treasury stock 0 (46,705)
Net cash provided by (used in) financing activities 207,023 (51,610)
Effect of exchange rate changes on cash and cash equivalents 2,300 (24)
Net decrease in cash, cash equivalents and restricted cash (56,122) (30,282)
Cash, cash equivalents and restricted cash at beginning of period 147,607 65,794
Cash, cash equivalents and restricted cash at end of period $ 91,485 $ 35,512