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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Oct. 01, 2017
Cash flows from operating activities of continuing operations:    
Net income $ 110,212 $ 195,188
Adjustments to reconcile net income to net cash provided by operating activities:    
(Income) loss from discontinued operations (1,293) 2,922
Depreciation expense 44,517 42,390
Amortization expense of intangible assets 111,974 63,976
Amortization expense of deferred financing costs and debt discount 3,548 3,940
Loss on extinguishment of debt 0 5,593
Fair value step up of acquired inventory sold 0 10,442
Changes in contingent consideration 47,344 (109)
Impairment of long-lived assets 19,110 0
Stock-based compensation 16,469 14,519
Deferred income taxes, net 8,664 (15,682)
Other (13,028) (13,559)
Changes in operating assets and liabilities, net of effects of acquisitions and disposals:    
Accounts receivable (29,830) 6,428
Inventories (19,665) (20,257)
Prepaid expenses and other current assets (6,468) (4,009)
Accounts payable, accrued expenses and other liabilities 54,581 24,128
Income taxes receivable and payable, net (43,191) 3,798
Net cash provided by operating activities from continuing operations 302,944 319,708
Cash flows from investing activities of continuing operations:    
Expenditures for property, plant and equipment (55,751) (53,977)
Proceeds from sale of assets 0 6,332
Payments for businesses and intangibles acquired, net of cash acquired (22,550) (1,010,711)
Net cash used in investing activities from continuing operations (78,301) (1,058,356)
Cash flows from financing activities of continuing operations:    
Proceeds from new borrowings 0 1,963,500
Reduction in borrowings (98,500) (747,576)
Debt extinguishment, issuance and amendment fees (188) (19,114)
Net proceeds from share based compensation plans and the related tax impacts 18,666 4,739
Payments for contingent consideration (73,152) (245)
Dividends paid (46,526) (45,905)
Net cash provided by (used in) financing activities from continuing operations (199,700) 1,155,399
Cash flows from discontinued operations:    
Net cash used in operating activities (701) (1,140)
Net cash used in discontinued operations (701) (1,140)
Effect of exchange rate changes on cash and cash equivalents (1,524) 58,173
Net increase in cash and cash equivalents 22,718 473,784
Cash and cash equivalents at the beginning of the period 333,558 543,789
Cash and cash equivalents at the end of the period 356,276 1,017,573
Non cash investing activities of continuing operations:    
Property, plant and equipment additions due to build-to-suit lease transaction 28,147 0
Non cash financing activities of continuing operations:    
Settlement and exchange of convertible notes with common or treasury stock 0 53,207
Acquisition of treasury stock associated with settlement and exchange of convertible note hedge and warrant agreements $ 56,075 $ 127,158