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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Oct. 02, 2016
Oct. 04, 2015
Cash flows from operating activities:    
Net (loss) income $ (109,767) $ 207,118
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation 48,437 52,531
Amortization 46,275 52,159
Stock-based compensation 23,012 23,080
Provision for excess and obsolete inventory 15,148 18,939
Goodwill impairment 254,946  
Intangible assets impairment 83,339  
Deferred taxes (42,568) (13,973)
Contingent consideration adjustment 10,451 (2,600)
Impairment of fixed assets 4,179  
Property insurance recovery (5,363)  
Retirement plans actuarial gains (1,200)  
Gain from the sale of an equity investment   (5,406)
Non-cash charge for the sale of inventories revalued at date of acquisition   1,567
Tax benefit related to employee stock compensation awards (3,399) (3,213)
Other 151 2,523
Changes in operating assets and liabilities:    
Accounts receivable 45,660 (91,117)
Inventories 48,601 33,376
Prepayments and other assets (12,961) 15,529
Accounts payable and other accrued expenses (47,941) 52,663
Deferred revenue and customer advances 53,380 6,751
Retirement plans contributions (5,871) (2,998)
Income taxes 4,227 25,677
Net cash provided by operating activities 408,736 372,606
Cash flows from investing activities:    
Purchases of property, plant and equipment (66,252) (66,727)
Purchases of available-for-sale marketable securities (875,837) (957,606)
Proceeds from sales of available-for-sale marketable securities 466,744 843,734
Proceeds from maturities of available-for-sale marketable securities 202,162 330,363
Proceeds from property insurance 5,051  
Acquisition of business, net of cash acquired   (282,741)
Proceeds from the sale of an equity investment   5,406
Proceeds from life insurance   1,098
Net cash used for investing activities (268,132) (126,473)
Cash flows from financing activities:    
Issuance of common stock under stock purchase and stock option plans 20,085 18,145
Repurchase of common stock (85,092) (226,843)
Dividend payments (36,548) (38,434)
Payments of contingent consideration (11,697)  
Tax benefit related to employee stock compensation awards 3,399 3,213
Payment of revolving credit facility costs   (2,253)
Net cash used for financing activities (109,853) (246,172)
Effects of exchange rate changes on cash and cash equivalents 2,481  
Increase (decrease) in cash and cash equivalents 33,232 (39)
Cash and cash equivalents at beginning of period 264,705 294,256
Cash and cash equivalents at end of period $ 297,937 $ 294,217