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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Feb. 23, 2020
Feb. 24, 2019
Cash Flows from Operating Activities:    
Net income $ 152,689 $ 146,451
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 35,974 28,559
Unrealized foreign exchange (gains) losses (2,629) 9,046
Realized loss (gain) on settlement of forward foreign exchange contracts not designated for hedge accounting 1,988 (4,618)
Employee benefit plans’ amortization from accumulated other comprehensive loss and settlement loss 3,591 3,422
Stock-based compensation 17,535 1,497
Other, net 2,320 (413)
(Benefit from) provision for deferred income taxes (15,818) (795)
Change in operating assets and liabilities, net of effect of acquisition:    
Trade receivables 67,767 69,672
Inventories 41,247 (48,120)
Other current assets (9,688) (6,162)
Other non-current assets (9,108) (2,251)
Accounts payable, accrued liabilities, and operating leases, net of right-of-use assets (51,290) (48,045)
Income tax liabilities 9,115 19,496
Accrued salaries, wages and employee benefits and long-term employee related benefits (40,527) (110,338)
Other long-term liabilities (5,283) (1,579)
Net cash provided by operating activities 197,883 55,822
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (44,424) (36,149)
Payments for business acquisition (52,201) 0
(Payments) proceeds on settlement of forward foreign exchange contracts not designated for hedge accounting (19,326) 55,818
Payments to acquire short-term investments (30,121) (99,880)
Proceeds from sale, maturity and collection of short-term investments 26,791 0
Net cash used for investing activities (119,281) (80,211)
Cash Flows from Financing Activities:    
Proceeds from short-term credit facilities 3,419 13,442
Repayments of short-term credit facilities (3,878) (12,556)
Other short-term borrowings, net 12,480 (9,422)
Proceeds from employee stock purchase plan 2,030 0
Repurchase of common stock (30,074) (3,088)
Repurchase of shares surrendered for tax withholdings on equity award exercises (75,242) (826)
Payments to noncontrolling interests (14,825) 0
Dividend to stockholders (31,930) (55,000)
Other financing, net 0 (296)
Net cash used for financing activities (138,020) (67,746)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (1,270) 952
Net decrease in cash and cash equivalents and restricted cash (60,688) (91,183)
Beginning cash and cash equivalents, and restricted cash 934,753 713,698
Ending cash and cash equivalents, and restricted cash 874,065 622,515
Less: Ending restricted cash (501) (581)
Ending cash and cash equivalents 873,564 621,934
Noncash Investing and Financing Activity:    
Property, plant and equipment acquired and not yet paid at end of period 12,089 10,513
Property, plant and equipment additions due to build-to-suit lease transactions 0 7,842
Realized (gain) loss on foreign currency contracts not yet settled at end of period (17,338) 51,200
Repurchase of common stock not yet settled at end of period 6,997 0
Supplemental disclosure of cash flow information:    
Cash paid for interest during the period 818 2,778
Cash paid for income taxes during the period, net of refunds $ 19,636 $ 17,157