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Condensed Consolidated Cash Flow Statements (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 02, 2022
Oct. 03, 2021
Cash flows from operating activities:    
Net income $ 192,807 $ 114,030
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 65,730 65,028
Share-based compensation 18,438 18,242
Loss on disposal of discontinued operations 9,933 0
Loss on debt extinguishment 6,392 5,715
Asset impairments 0 9,283
Gain on sale of asset (37,891) 0
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals:    
Receivables (42,808) (128,997)
Inventories (11,393) (58,900)
Accounts payable (65,584) 73,740
Accrued liabilities (41,247) 17,796
Income taxes (2,347) 5,159
Other assets 4,270 (1,794)
Other liabilities (17,500) (17,383)
Net cash provided by operating activities 78,800 101,919
Cash flows from investing activities:    
Proceeds from disposal of businesses, net of cash sold 334,574 10,798
Proceeds from disposal of assets 43,534 3,249
Purchase of intangible assets 0 (3,650)
Capital expenditures (50,250) (55,569)
Cash used for acquisitions and investments, net of cash acquired (104,481) (73,749)
Net cash provided by (used for) investing activities 223,377 (118,921)
Cash flows from financing activities:    
Payments under borrowing arrangements (230,639) (360,304)
Payments under share repurchase program (136,336) 0
Cash dividends paid (6,762) (6,740)
Withholding tax payments for share-based payment awards (6,534) (2,103)
Payments under financing lease obligations (123) (3,116)
Debt issuance costs paid 0 (7,785)
Proceeds from issuance of common stock 3,717 0
Borrowings under credit arrangements 0 356,010
Net cash used for financing activities (376,677) (24,038)
Effect of foreign currency exchange rate changes on cash and cash equivalents (21,791) (3,201)
Decrease in cash and cash equivalents (96,291) (44,241)
Cash and cash equivalents, beginning of period 643,757 501,994
Cash and cash equivalents, end of period $ 547,466 $ 457,753