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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 25, 2017
Jun. 26, 2016
Statement of Cash Flows [Abstract]    
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES $ (10,093) $ 24,522
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property, plant and equipment (29,982) (17,692)
Acquisition of Uniwheels, net of cash acquired (690,704) 0
Proceeds from sales and maturities of investments 0 200
Proceeds from sale of property, plant and equipment 2 1
NET CASH USED IN INVESTING ACTIVITIES (720,684) (17,491)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of long-term debt 975,571 0
Proceeds from issuance of redeemable preferred shares 150,000 0
Debt repayment (282,322) 0
Cash dividends paid (8,985) (9,232)
Cash paid for common stock repurchase (5,014) (13,098)
Payments related to tax withholdings for stock-based compensation (1,457) 0
Proceeds from exercise of stock options 0 898
Excess tax benefits from exercise of stock options 0 0
Redeemable preferred shares issuance costs (3,737) 0
Financing costs paid (30,460) 0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 793,596 (21,432)
Effect of exchange rate changes on cash 615 (160)
Net increase (decrease) in cash and cash equivalents 63,434 (14,561)
Cash and cash equivalents, and restricted cash at the beginning of the period 57,786 52,036
Cash and cash equivalents, and restricted cash at the end of the period $ 121,220 $ 37,475