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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 28, 2025
Mar. 29, 2024
Cash Flows From Operating Activities    
Net Earnings $ 124,101 $ 122,199
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 24,708 19,516
Deferred income taxes 3,200 6,041
Share-based compensation 7,353 10,549
Gain on sale of building (4,737) (1,216)
Change in    
Accounts receivable (6,258) 28,828
Inventories (2,789) (23,242)
Trade accounts payable 17,673 8,038
Salaries and incentives (7,997) (23,186)
Retirement benefits and deferred compensation (648) 1,813
Other accrued liabilities (23,243) (24,103)
Other (5,947) (6,314)
Net cash provided by operating activities 125,416 118,923
Cash Flows From Investing Activities    
Property, plant and equipment additions (10,597) (37,192)
Proceeds from sale of building 10,749 5,630
Acquisition of businesses, net of cash acquired (10,454) 0
Other (184) (58)
Net cash used in investing activities (10,486) (31,620)
Cash Flows From Financing Activities    
Borrowings (payments) on short-term lines of credit, net (1,075) 233
Common stock issued 31,574 45,368
Common stock repurchased (238,089) 0
Taxes paid related to net share settlement of equity awards (3,907) (4,611)
Cash dividends paid (46,586) (42,854)
Net cash used in financing activities (258,083) (1,864)
Effect of exchange rate changes on cash 3,955 (662)
Net (decrease) increase in cash and cash equivalents (139,198) 84,777
Cash and Cash Equivalents    
Beginning of year 675,336 537,951
End of period $ 536,138 $ 622,728