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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Oct. 01, 2017
Sep. 25, 2016
Cash flows from operating activities of continuing operations:    
Net income $ 195,188 $ 176,778
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss (income) from discontinued operations 2,922 (3)
Depreciation expense 42,390 40,272
Amortization expense of intangible assets 63,976 47,486
Amortization expense of deferred financing costs and debt discount 3,940 8,506
Loss on extinguishment of debt 5,593 19,261
Gain on sale of assets 0 (4,173)
Fair value step up of acquired inventory sold 10,442 0
Changes in contingent consideration (109) 1,672
Stock-based compensation 14,519 12,540
Deferred income taxes, net (15,682) (8,699)
Other (13,559) (15,132)
Changes in operating assets and liabilities, net of effects of acquisitions and disposals:    
Accounts receivable 6,428 4,316
Inventories (20,257) (5,617)
Prepaid expenses and other current assets (4,009) 1,184
Accounts payable and accrued expenses 24,128 17,390
Income taxes receivable and payable, net 3,798 5,817
Net cash provided by operating activities from continuing operations 319,708 301,598
Cash flows from investing activities of continuing operations:    
Expenditures for property, plant and equipment (53,977) (35,912)
Proceeds from sale of assets 6,332 9,792
Payments for businesses and intangibles acquired, net of cash acquired (1,010,711) (14,040)
Net cash used in investing activities from continuing operations (1,058,356) (40,160)
Cash flows from financing activities of continuing operations:    
Proceeds from new borrowings 1,963,500 671,700
Reduction in borrowings (747,576) (714,487)
Debt extinguishment, issuance and amendment fees (19,114) (8,958)
Net proceeds from share based compensation plans and the related tax impacts 4,739 7,647
Payments to noncontrolling interest shareholders 0 464
Payments for contingent consideration (245) (133)
Payments for acquisition of noncontrolling interest 0 9,231
Dividends paid (45,905) (43,980)
Net cash provided by (used in) financing activities from continuing operations 1,155,399 (97,906)
Cash flows from discontinued operations:    
Net cash used in operating activities (1,140) (1,451)
Net cash used in discontinued operations (1,140) (1,451)
Effect of exchange rate changes on cash and cash equivalents 58,173 (988)
Net increase in cash and cash equivalents 473,784 161,093
Cash and cash equivalents at the beginning of the period 543,789 338,366
Cash and cash equivalents at the end of the period 1,017,573 499,459
Non cash financing activities of continuing operations:    
Settlement and exchange of convertible notes with common or treasury stock 53,207 35,205
Acquisition of treasury stock associated with settlement and exchange of convertible note hedge and warrant agreements $ 127,158 $ 85,909