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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Cash flows from operating activities:    
Net income $ 71,433 $ 60,311
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 42,787 39,727
Loss on disposition of property and equipment 94 179
Share-based compensation expense 8,567 7,557
Deferred income taxes (91) (1,611)
Change in assets and liabilities:    
Inventories (306,857) (288,105)
Prepaid expenses and other current assets 1,437 4,098
Accounts payable 155,956 44,003
Accrued employee compensation (8,399) (4,197)
Other accrued expenses (5,226) (28,144)
Income taxes 18,712 22,266
Other (276) 2,258
Net cash used in operating activities (21,863) (141,658)
Cash flows from investing activities:    
Capital expenditures (45,144) (34,883)
Proceeds from sale of property and equipment 13 28
Net cash used in investing activities (45,131) (34,855)
Cash flows from financing activities:    
Borrowings under debt facilities 375,000 475,000
Repayments under debt facilities (96,250) (137,500)
Debt issuance costs (346) 0
Principal payments under capital lease obligations (900) (332)
Repurchase of shares to satisfy tax obligations (569) (653)
Repurchase of common stock (157,463) (114,547)
Net proceeds from issuance of common stock 4,363 4,593
Cash dividends paid to stockholders (33,591) (31,263)
Net cash provided by financing activities 90,244 195,298
Net change in cash and cash equivalents 23,250 18,785
Cash and cash equivalents at beginning of period 109,148 53,916
Cash and cash equivalents at end of period 132,398 72,701
Cash paid during the period for:    
Interest 2,534 2,125
Income taxes 789 12,739
Supplemental disclosures of non-cash activities:    
Property and equipment acquired through capital lease 0 0
Non-cash accruals for construction in progress $ 12,270 $ 12,044