XML 23 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows from operating activities:    
Net income $ 121,381 $ 102,196
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 12,878 10,913
Deferred income taxes 2,305 4,453
Depreciation 21,723 22,129
Amortization of intangibles 27,646 26,385
Change in operating assets and liabilities:    
Decrease in accounts receivable 33,058 62,592
Increase in inventories (25,984) (28,309)
Increase in other current assets (479) (4,707)
Decrease in other assets 12,537 7,369
Decrease in accounts payable and other current liabilities (30,004) (18,418)
Increase in deferred revenue and customer advances 83,015 85,901
Increase (decrease) in other liabilities 1,477 (7,634)
Net cash provided by operating activities 259,553 262,870
Cash flows from investing activities:    
Additions to property, plant, equipment and software capitalization (25,742) (28,655)
Investments in unaffiliated companies, net (506) (1,064)
Purchases of investments 0 (923)
Maturities and sales of investments 0 898
Net cash used in investing activities (26,248) (29,744)
Cash flows from financing activities:    
Payments on debt (170,000) (300,000)
Proceeds from stock plans 8,246 13,932
Purchases of treasury shares (13,934) (13,089)
Proceeds from derivative contracts 2,441 6,981
Net cash used in financing activities (173,247) (292,176)
Effect of exchange rate changes on cash and cash equivalents (2,541) 1,264
Increase (decrease) in cash and cash equivalents 57,517 (57,786)
Cash and cash equivalents at beginning of period 325,355 395,076
Cash and cash equivalents at end of period $ 382,872 $ 337,290