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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jul. 01, 2017
Jun. 25, 2016
Cash flows from operating activities:    
Net income $ 299,835 $ 257,631
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 92,538 83,398
Stock-based compensation expense 19,355 27,456
Provision for losses on trade and other accounts receivable 4,049 790
Provision for (benefit from) deferred income taxes 4,415 (4,658)
Equity in earnings of affiliates (6,675) (7,443)
Distributions from equity affiliates 9,678 6,337
Changes in unrecognized tax benefits (7,627) 2,451
Other 5,015 2,361
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable (122,938) (56,702)
Inventories 115,800 34,395
Other current assets (57,699) (38,876)
Accounts payable and accrued expenses (179,607) (107,701)
Net cash provided by (used in) operating activities 176,139 199,439
Cash flows from investing activities:    
Purchases of fixed assets (36,965) (26,180)
Payments for equity investments and business acquisitions, net of cash acquired (149,586) (92,441)
Other (4,872) (1,765)
Net cash provided by (used in) investing activities (191,423) (120,386)
Cash flows from financing activities:    
Proceeds from (repayments of) bank borrowings 139,262 (97,479)
Proceeds from issuance of long-term debt 100,000 244,000
Debt issuance costs (1,133) (233)
Principal payments for long-term debt (59,184) (7,921)
Proceeds from issuance of stock upon exercise of stock options 4,701 9,059
Payments for repurchases of common stock (100,006) (157,009)
Payments for taxes related to shares withheld for employee taxes (44,414) (26,567)
Distributions to noncontrolling shareholders (19,601) (20,160)
Acquisitions of noncontrolling interests in subsidiaries (4,151) (35,632)
Net cash provided by (used in) financing activities 15,474 (91,942)
Effect of exchange rate changes on cash and cash equivalents 12,083 4,363
Net change in cash and cash equivalents 12,273 (8,526)
Cash and cash equivalents, beginning of period 62,381 72,086
Cash and cash equivalents, end of period $ 74,654 $ 63,560