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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 395,506 $ 312,856
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 131,383 122,701
(Gain) / loss on disposition of property and equipment (285) 509
Share-based compensation expense 22,787 22,931
Deferred income taxes 5,009 4,626
Change in assets and liabilities:    
Inventories (284,065) (221,899)
Prepaid expenses and other current assets (21,226) 14,939
Accounts payable 107,104 90,361
Accrued employee compensation 20,000 9,251
Other accrued expenses 667 (33,259)
Income taxes (29,667) 9,154
Other 6,206 8,792
Net cash provided by operating activities 353,419 340,962
Cash flows from investing activities:    
Capital expenditures (193,693) (152,040)
Proceeds from sale of property and equipment 2,029 10,880
Net cash used in investing activities (191,664) (141,160)
Cash flows from financing activities:    
Borrowings under debt facilities 968,500 1,010,000
Repayments under debt facilities (820,750) (773,750)
Debt issuance costs (346) (599)
Principal payments under capital lease obligations (2,725) (1,554)
Repurchase of shares to satisfy tax obligations (622) (771)
Repurchase of common stock (289,205) (326,647)
Net proceeds from issuance of common stock 54,706 9,619
Cash dividends paid to stockholders (109,159) (99,970)
Net cash used in financing activities (199,601) (183,672)
Net change in cash and cash equivalents (37,846) 16,130
Cash and cash equivalents at beginning of period 109,148 53,916
Cash and cash equivalents at end of period 71,302 70,046
Cash paid during the period for:    
Interest 15,445 8,010
Income taxes 137,041 166,027
Supplemental disclosures of non-cash activities:    
Property and equipment acquired through capital lease 0 11,395
Non-cash accruals for construction in progress $ 15,521 $ 15,949