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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 28, 2018
Cash flows from operating activities:    
Net income including noncontrolling interests $ 114,824 $ 225,206
Adjustments to reconcile net income to net cash used in operating activities    
Depreciation and amortization 92,692 46,656
Amortization of deferred gain 0 (5,440)
Amortization of debt issue costs 802 548
Gain associated with claim on long-term contract 0 (129,674)
Loss on disposal of property and equipment 1,045 59
Provision for doubtful accounts (964) 9,094
Deferred taxes (105,161) 1,281
Foreign currency transaction gains and losses 1,689 2,007
Equity in earnings of unconsolidated joint ventures (29,305) (25,577)
Return on investments in unconsolidated joint ventures 32,848 31,728
Stock-based compensation 9,224  
Contributions of treasury stock 36,779 34,070
Changes in assets and liabilities, net of acquisitions and newly consolidated joint ventures:    
Accounts receivable (31,726) 384,216
Contract assets (59,161) (527,768)
Prepaid expenses and current assets 2,980 (13,028)
Accounts payable (6,946) 38,424
Accrued expenses and other current liabilities 40,186 9,558
Billings in excess of costs 0 (151,892)
Contract liabilities 20,703 168,579
Provision for contract losses 0 (13,992)
Income taxes (3,019) 3,250
Other long-term liabilities 13,138 12,517
Net cash provided by operating activities 130,628 99,822
Cash flows from investing activities:    
Capital expenditures (44,030) (19,436)
Proceeds from sale of property and equipment 2,824 112
Payments for acquisitions, net of cash acquired (495,690) (481,163)
Investments in unconsolidated joint ventures (11,446) (4,276)
Return of investments in unconsolidated joint ventures 6,632 1,126
Net cash used in investing activities (541,710) (503,637)
Cash flows from financing activities:    
Proceeds from borrowings 530,000 260,000
Repayments of borrowings (710,000) (20,000)
Payments for debt costs and credit agreement (286) (468)
Contributions by noncontrolling interests 8,999 13,768
Distributions to noncontrolling interests (35,378) (6,858)
Purchase of treasury stock (819) (73,308)
IPO proceeds, net 536,879 0
Dividend paid (52,093) 0
Net cash provided by financing activities 277,302 173,134
Effect of exchange rate changes (953) (1,233)
Net decrease in cash, cash equivalents, and restricted cash (134,733) (231,914)
Cash, cash equivalents and restricted cash:    
Cash, cash equivalents and restricted cash, beginning of period 281,195 446,144
Cash, cash equivalents and restricted cash, end of period $ 146,462 $ 214,230