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CONDENSED CONSOLIDATED CASH FLOW STATEMENTS - USD ($)
$ in Thousands
9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Cash flows from operating activities:    
Net income $ 204,047 $ 192,807
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 73,974 65,730
Share-based compensation 14,843 18,438
Loss on disposal of discontinued operations 0 9,934
Loss on debt extinguishment 0 6,392
Gain on sale of assets (12,056) (37,891)
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals:    
Receivables (48,949) (42,808)
Inventories 16,211 (11,393)
Accounts payable (42,456) (65,584)
Accrued liabilities (43,318) (41,247)
Income taxes 548 (2,347)
Other assets (6,706) 4,269
Other liabilities 3,855 (17,500)
Net cash provided by operating activities 159,993 78,800
Cash flows from investing activities:    
Cash used for business acquisitions, net of cash acquired (106,712) (104,481)
Capital expenditures (61,870) (50,250)
Proceeds from disposal of tangible assets 13,785 43,534
Proceeds from disposal of businesses, net of cash sold 9,300 334,574
Net cash provided by (used for) investing activities (145,497) 223,377
Cash flows from financing activities:    
Payments under share repurchase program (150,000) (136,336)
Withholding tax payments for share-based payment awards (17,309) (6,534)
Cash dividends paid (6,408) (6,762)
Payments under financing lease obligations (254) (123)
Payments under borrowing arrangements 0 (230,639)
Proceeds from issuance of common stock 6,568 3,717
Net cash used for financing activities (167,403) (376,677)
Effect of foreign currency exchange rate changes on cash and cash equivalents (3,798) (21,791)
Decrease in cash and cash equivalents (156,705) (96,291)
Cash and cash equivalents, beginning of period 687,676 643,757
Cash and cash equivalents, end of period $ 530,971 $ 547,466