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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jul. 03, 2016
Jul. 05, 2015
Cash flows from operating activities:    
Net (loss) income $ (173,560) $ 135,666
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation 32,168 36,230
Amortization 37,180 31,395
Stock-based compensation 15,457 15,405
Provision for excess and obsolete inventory 12,115 15,881
Goodwill impairment 254,946  
Intangible assets impairment 83,339  
Deferred taxes (21,458) (10,371)
Contingent consideration adjustment 2,478 (1,600)
Impairment of fixed assets 4,179  
Property insurance recovery (5,051)  
Retirement plans actuarial gains (1,862)  
Gain from the sale of an equity investment   (5,406)
Non-cash charge for the sale of inventories revalued at date of acquisition   595
Tax benefit related to employee stock compensation awards   (892)
Other 576 1,154
Changes in operating assets and liabilities, net of business acquired:    
Accounts receivable (138,230) (142,493)
Inventories 30,222 23,500
Prepayments and other assets (13,657) 14,054
Accounts payable and other accrued expenses (15,192) 53,392
Deferred revenue and customer advances 106,072 5,685
Retirement plans contributions (2,298) (1,999)
Income taxes 6 23,261
Net cash provided by operating activities 207,430 193,457
Cash flows from investing activities:    
Purchases of property, plant and equipment (46,593) (46,110)
Purchases of available-for-sale marketable securities (437,311) (590,250)
Proceeds from sales of available-for-sale marketable securities 334,798 631,400
Proceeds from maturities of available-for-sale marketable securities 128,024 231,416
Proceeds from property insurance 5,051  
Acquisition of business, net of cash acquired   (282,332)
Proceeds from the sale of an equity investment   5,406
Proceeds from life insurance   1,098
Net cash used for investing activities (16,031) (49,372)
Cash flows from financing activities:    
Issuance of common stock under employee stock purchase and stock option plans 17,896 17,878
Repurchase of common stock (56,783) (128,316)
Dividend payments (24,425) (25,857)
Payment of contingent consideration (11,697)  
Tax benefit related to employee stock compensation awards   892
Payment of revolving credit facility costs   (2,253)
Net cash used for financing activities (75,009) (137,656)
Increase in cash and cash equivalents 116,390 6,429
Cash and cash equivalents at beginning of period 264,705 294,256
Cash and cash equivalents at end of period $ 381,095 $ 300,685