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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Cash flows from operating activities:    
Net income $ 182,220 $ 167,586
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 55,134 46,919
Gain on disposition of property and equipment (68) (178)
Stock compensation expense 8,118 6,934
Excess tax benefit of stock options exercised (4,171) (24,804)
Deferred income taxes (12,980) 4,529
Change in assets and liabilities:    
Inventories (175,277) (174,745)
Prepaid expenses and other current assets 9,239 (868)
Accounts payable 73,683 40,419
Accrued employee compensation (29,415) (21,617)
Other accrued expenses (10,742) (19,639)
Income taxes payable 67,921 34,927
Other 2,842 3,360
Net cash provided by operating activities 166,504 62,823
Cash flows from investing activities:    
Capital expenditures (82,114) (98,626)
Proceeds from sale of property and equipment 166 235
Decrease in Restricted Cash 0 (8,400)
Net cash used in investing activities (81,948) (89,991)
Cash flows from financing activities:    
Borrowings under revolving credit agreement 110,000 135,000
Repayments under revolving credit agreement (110,000) (135,000)
Excess tax benefit of stock options exercised 4,171 24,804
Principal payments under capital lease obligations (27) (17)
Repurchase of shares to satisfy tax obligations (1,211) (3,942)
Repurchase of common stock (146,997) (69,304)
Net proceeds from issuance of common stock 13,000 24,808
Cash dividends paid to stockholders (40,270) (32,113)
Net cash used in by financing activities (171,334) (55,764)
Net decrease in cash and cash equivalents (86,778) (82,932)
Cash and cash equivalents at beginning of period 142,743 138,630
Cash and cash equivalents at end of period 55,965 55,698
Cash paid during the period for:    
Interest 360 276
Income taxes 51,306 59,003
Property acquired through capital lease 1,988 0
Non-cash accruals for construction in progress $ 7,745 $ 20,637