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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 30, 2022
Dec. 31, 2021
Dec. 25, 2020
Cash Flows From Operating Activities      
Net Earnings $ 460,645 $ 439,866 $ 330,456
Adjustments to reconcile net earnings to net cash provided by operating activities      
Depreciation and amortization 65,997 59,325 55,329
Deferred income taxes (9,997) (46,572) 10,747
Share-based compensation 24,695 24,931 25,153
Impairment of Long-Lived Assets to be Disposed of 0 0 35,229
Change in      
Accounts receivable (29,944) (13,801) (43,122)
Inventories (95,691) (97,780) (13,086)
Trade accounts payable 4,195 12,397 6,820
Salaries and incentives (18,442) 29,089 (2,622)
Retirement benefits and deferred compensation (18,674) 1,219 (6,703)
Other accrued liabilities (4,191) 51,342 (3,772)
Other (1,199) (3,120) (394)
Net cash provided by operating activities 377,394 456,896 394,035
Cash Flows From Investing Activities      
Property, plant and equipment additions (201,161) (133,566) (71,338)
Acquisition of businesses, net of cash acquired (25,296) (19,386) (27,557)
Other (362) (347) (143)
Net cash provided by (used in) investing activities (226,819) (153,299) (99,038)
Cash Flows From Financing Activities      
Borrowings (payments) on short-term lines of credit, net (18,252) 20,497 (1,986)
Borrowings on long-term lines of credit 0 0 250,000
Payments on long-term debt and lines of credit (75,000) (70) (250,000)
Payments of Debt Issuance Costs 0 (1,422) 0
Common stock issued 35,619 50,963 83,438
Common stock repurchased (233,426) 0 (102,143)
Taxes paid related to net share settlement of equity awards (1,219) 0 (1,797)
Cash dividends paid (142,125) (127,110) (116,983)
Net cash provided by (used in) financing activities (434,403) (57,142) (139,471)
Effect of exchange rate changes on cash (1,278) (1,062) 2,410
Net increase (decrease) in cash and cash equivalents (285,106) 245,393 157,936
Cash, Cash Equivalents and Restricted Cash      
Beginning of year 624,302 378,909 220,973
End of year $ 339,196 $ 624,302 $ 378,909