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CONDENSED CONSOLIDATED CASH FLOW STATEMENTS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Cash flows from operating activities:    
Net income $ 37,309 $ 62,945
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 26,987 23,416
Share-based compensation 6,397 6,253
Changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals:    
Receivables 54,472 13,928
Inventories (9,657) (28,152)
Accounts payable (76,904) (56,056)
Accrued liabilities (45,868) (54,551)
Income taxes 9,470 2,701
Other assets (1,353) (4,111)
Other liabilities 1,868 1,755
Net cash provided by (used for) operating activities 2,721 (31,872)
Cash flows from investing activities:    
Capital expenditures (24,250) (13,844)
Proceeds from disposal of tangible assets 60 1
Proceeds from disposal of businesses, net of cash sold 0 10,000
Net cash used for investing activities (24,190) (3,843)
Cash flows from financing activities:    
Payments under share repurchase program (57,865) (50,000)
Withholding tax payments for share-based payment awards (7,921) (13,292)
Cash dividends paid (2,075) (2,146)
Payments under financing lease obligations (227) (38)
Proceeds from issuance of common stock 3,152 1,679
Net cash used for financing activities (64,936) (63,797)
Effect of foreign currency exchange rate changes on cash and cash equivalents (3,809) 881
Decrease in cash and cash equivalents (90,214) (98,631)
Cash and cash equivalents, beginning of period 597,044 687,676
Cash and cash equivalents, end of period $ 506,830 $ 589,045