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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 26, 2015
Dec. 27, 2014
Dec. 28, 2013
Cash flows relating to operating activities      
Net income $ 151,087 $ 128,198 $ 104,151
Loss from discontinued operations, net of income taxes (950) (1,726) (1,265)
Income from continuing operations, net of income taxes 152,037 129,924 105,416
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities:      
Depreciation and amortization 94,881 96,445 96,636
Amortization of debt issuance costs and discounts 2,380 1,725 9,561
Impairment charges 196 582 4,202
Stock-based compensation 40,122 31,035 24,542
Deferred income taxes 2,689 7,060 (846)
Gain on investments in limited partnerships (3,823) (9,301) (5,864)
Gain on bargain purchase (9,837) 0 0
Other, net (28) (1,564) 755
Changes in assets and liabilities:      
Trade receivables, net (16,963) (28,088) (19,492)
Inventories 3,364 (2,956) (1,571)
Other assets 850 (5,145) 2,421
Accounts payable 1,174 4,599 (7,080)
Accrued compensation 8,414 13,631 11,926
Deferred revenue 6,274 22,244 (3,297)
Accrued liabilities 14,069 8,284 759
Taxes payable and prepaid taxes (3,906) (7,090) (3,054)
Other liabilities (3,659) (9,253) (5,969)
Net cash provided by operating activities 288,234 252,132 209,045
Cash flows relating to investing activities      
Acquisition of businesses and assets, net of cash acquired (247,651) (234,267) (29,218)
Capital expenditures (63,252) (56,925) (39,154)
Purchases of investments (34,235) (26,648) (17,566)
Proceeds from sale of investments and distributions from investments in limited partnerships 27,072 21,000 11,584
Other, net (2,221) (1,150) 307
Net cash used in investing activities (320,287) (297,990) (74,047)
Cash flows relating to financing activities      
Proceeds from long-term debt and revolving credit agreement 492,514 298,920 511,804
Proceeds from exercises of stock options 39,367 73,688 93,789
Payments on long-term debt, capital lease obligations and revolving credit agreement (417,331) (194,536) (523,304)
Purchase of treasury stock (117,478) (122,018) (165,932)
Other, net 7,476 5,360 (594)
Net cash provided by (used in) financing activities 4,548 61,414 (84,237)
Discontinued operations      
Net cash used in operating activities from discontinued operations (1,876) (1,081) (1,906)
Effect of exchange rate changes on cash and cash equivalents (12,695) (10,379) (2,613)
Net change in cash and cash equivalents (42,076) 4,096 46,242
Cash and cash equivalents, beginning of period 160,023 155,927 109,685
Cash and cash equivalents, end of period 117,947 160,023 155,927
Supplemental cash flow information:      
Cash paid for income taxes 24,436 29,704 19,139
Cash paid for interest 11,101 10,199 12,029
Non-cash investing and financing activities:      
Capitalized interest 424 1,032 243
Additions to property, plant and equipment, net 6,720 4,355 6,960
Assets acquired under capital lease $ 10,281 $ 18,690 $ 0