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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 02, 2017
Jun. 26, 2016
Cash flows from operating activities of continuing operations:    
Net income $ 118,173 $ 110,456
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss from discontinued operations 539 119
Depreciation expense 28,084 26,609
Amortization expense of intangible assets 41,375 31,397
Amortization expense of deferred financing costs and debt discount 2,825 6,554
Loss on extinguishment of debt 5,593 19,261
Gain on sale of assets 0 (1,397)
Fair value step up of acquired inventory sold 10,442 0
Changes in contingent consideration (237) 1,242
Stock-based compensation 9,534 7,949
Deferred income taxes, net (8,779) (1,292)
Other (3,300) (1,970)
Changes in operating assets and liabilities, net of effects of acquisitions and disposals:    
Accounts receivable 5,071 (10,237)
Inventories (12,187) (3,284)
Prepaid expenses and other current assets 4 238
Accounts payable and accrued expenses 6,541 (3,500)
Income taxes receivable and payable, net (5,988) (657)
Net cash provided by operating activities from continuing operations 197,690 181,488
Cash flows from investing activities of continuing operations:    
Expenditures for property, plant and equipment (36,833) (19,535)
Proceeds from sale of assets 6,332 3,985
Payments for businesses and intangibles acquired, net of cash acquired (993,459) (3,117)
Net cash used in investing activities from continuing operations (1,023,960) (18,667)
Cash flows from financing activities of continuing operations:    
Proceeds from new borrowings 1,194,500 665,000
Reduction in borrowings (228,273) (656,479)
Debt extinguishment, issuance and amendment fees (19,114) (8,182)
Net proceeds from share based compensation plans and the related tax impacts 1,305 6,593
Payments for contingent consideration (153) (133)
Dividends paid (30,590) (28,998)
Net cash provided by (used in) financing activities from continuing operations 917,675 (22,199)
Cash flows from discontinued operations:    
Net cash used in operating activities (961) (1,183)
Net cash used in discontinued operations (961) (1,183)
Effect of exchange rate changes on cash and cash equivalents 41,981 (1,315)
Net increase in cash and cash equivalents 132,425 138,124
Cash and cash equivalents at the beginning of the period 543,789 338,366
Cash and cash equivalents at the end of the period 676,214 476,490
Non cash financing activities of continuing operations:    
Settlement and exchange of convertible notes with common or treasury stock 983 35,197
Acquisition of treasury stock associated with settlement and exchange of convertible note hedge and warrant agreements $ 19,361 $ 85,895