XML 18 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements Of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 25, 2020
Oct. 27, 2019
Cash flows from operating activities:    
Net income $ 44,236 $ 28,937
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 24,207 30,270
Investment impairments and credit loss reserves 5,450 0
Accretion of deferred financing costs and debt discount 362 365
Deferred income taxes (7,121) 422
Share-based compensation 36,103 37,458
(Gain) loss on disposition of assets (20) 292
Changes in the fair value of contingent earn-out obligations (33) (2,313)
Equity in net gains of equity method investments (11) (109)
Corporate owned life insurance, net 4,197 3,358
Changes in assets and liabilities:    
Accounts receivable, net 3,227 17,779
Inventories (5,357) (6,429)
Other assets (15,109) (2,663)
Accounts payable 157 (8,592)
Accrued liabilities 1,992 (21,126)
Income taxes payable 0 (2,105)
Other liabilities (604) (2,183)
Net cash provided by operating activities 91,676 73,361
Cash flows from investing activities:    
Proceeds from sales of property, plant and equipment 20 329
Purchase of property, plant and equipment (21,808) (20,409)
Purchase of investments (10,938) (9,592)
Proceeds from sale of investments 327 0
Net cash used in investing activities (32,399) (29,672)
Cash flows from financing activities:    
Payments of term loans 0 (14,062)
Payments of revolving line of credit (12,000) 0
Deferred financing costs (30) 0
Payments of earn-out 0 (237)
Payment for employee share-based compensation payroll taxes (16,957) (20,514)
Proceeds from exercise of stock options 5,090 4,446
Repurchase of common stock (66,433) (42,636)
Contributions from noncontrolling interest 0 251
Net cash used in financing activities (90,330) (72,752)
Net decrease in cash and cash equivalents (31,053) (29,063)
Cash and cash equivalents at beginning of period 293,324 312,120
Cash and cash equivalents at end of period 262,271 283,057
Supplemental disclosure of cash flow information:    
Interest paid 4,976 6,641
Income taxes paid 8,086 8,531
Non-cash investing and financing activities:    
Accounts payable related to capital expenditures $ 3,419 $ 1,157