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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Aug. 25, 2019
Aug. 26, 2018
Cash Flows from Operating Activities:    
Net income $ 299,175 $ 187,984
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 90,305 92,130
Unrealized foreign exchange losses (gains) 19,625 (13,827)
Realized (gain) loss on settlement of forward foreign exchange contracts not designated for hedge accounting (9,309) 20,446
Employee benefit plans’ amortization from accumulated other comprehensive loss and settlement loss 10,317 9,865
Stock-based compensation 31,859 15,025
Other, net 3,380 3,678
(Benefit from) provision for deferred income taxes (20,352) 127,626
Change in operating assets and liabilities:    
Trade receivables (21,387) (11,692)
Inventories (79,355) (202,822)
Other current assets (40,926) (36,122)
Other non-current assets (7,070) (6,045)
Accounts payable and other accrued liabilities (26,293) 111,164
Restructuring liabilities (248) (306)
Income tax liabilities 34,918 11,479
Accrued salaries, wages and employee benefits and long-term employee related benefits (88,817) (101,758)
Other long-term liabilities 9,715 (2,066)
Net cash provided by operating activities 205,537 204,759
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (128,041) (99,260)
Proceeds (payments) on settlement of forward foreign exchange contracts not designated for hedge accounting 9,309 (20,446)
Payments to acquire short-term investments (94,702) 0
Proceeds from sale, maturity and collection of short-term investments 15,057 0
Net cash used for investing activities (198,377) (119,706)
Cash Flows from Financing Activities:    
Proceeds from short-term credit facilities 25,259 27,737
Repayments of short-term credit facilities (38,280) (24,196)
Other short-term borrowings, net 9,486 49
Proceeds from issuance of Class A common stock 254,329 0
Payments for underwriter commission and other offering costs (19,746) 0
Repurchase of common stock, including shares surrendered for tax withholdings on equity award exercises (28,610) (53,773)
Dividend to stockholders (55,000) (45,000)
Other financing, net (643) (989)
Net cash provided by (used for) financing activities 146,795 (96,172)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (3,357) (10,512)
Net increase (decrease) in cash and cash equivalents and restricted cash 150,598 (21,631)
Beginning cash and cash equivalents, and restricted cash 713,698 634,691
Ending cash and cash equivalents, and restricted cash 864,296 613,060
Less: Ending restricted cash (523) (554)
Ending cash and cash equivalents 863,773 612,506
Noncash Investing Activity:    
Property, plant and equipment acquired and not yet paid at end of period 21,573 13,093
Property, plant and equipment additions due to build-to-suit lease transactions 10,861 2,750
Supplemental disclosure of cash flow information:    
Cash paid for interest during the period 29,621 27,511
Cash paid for income taxes during the period, net of refunds $ 80,159 $ 67,221