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Condensed Consolidated Cash Flow Statements (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 03, 2021
Sep. 27, 2020
Cash flows from operating activities:    
Net income (loss) $ 114,030 $ (62,019)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 65,028 80,620
Share-based compensation 18,242 13,650
Asset impairment 9,283 113,007
Loss on debt extinguishment 5,715 0
Gain on disposal of business 0 (2,743)
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals:    
Receivables (128,997) 35,645
Inventories (58,900) (9,327)
Accounts payable 73,740 (69,579)
Accrued liabilities 17,796 (11,646)
Income taxes 5,159 (30,416)
Other assets (1,794) 1,860
Other liabilities (17,383) (20,363)
Net cash provided by operating activities 101,919 38,689
Cash flows from investing activities:    
Cash from (used for) business acquisitions, net of cash acquired (73,749) 590
Capital expenditures (55,569) (56,809)
Purchase of intangible assets (3,650) 0
Proceeds from disposal of tangible assets 3,249 3,090
Proceeds from disposal of businesses, net of cash sold 10,798 50,051
Net cash used for investing activities (118,921) (3,078)
Cash flows from financing activities:    
Payments under borrowing arrangements (360,304) (190,000)
Debt issuance costs paid (7,785) 0
Cash dividends paid (6,740) (6,800)
Payments under financing lease obligations (3,116) (154)
Withholding tax payments for share-based payment awards (2,103) (1,331)
Payments under share repurchase program 0 (35,000)
Payment of earnout consideration 0 (29,300)
Borrowings under credit arrangements 356,010 190,000
Net cash used for financing activities (24,038) (72,585)
Effect of foreign currency exchange rate changes on cash and cash equivalents (3,201) 2,586
Decrease in cash and cash equivalents (44,241) (34,388)
Cash and cash equivalents, beginning of period 501,994 425,885
Cash and cash equivalents, end of period $ 457,753 $ 391,497