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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Cash flows relating to operating activities    
Net income $ 25,878 $ 74,482
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 120,364 85,357
Long-lived asset impairments 10,576 5,432
Stock-based compensation 13,135 16,738
Deferred income taxes (19,041) (987)
Write down of inventories 6,762 1,790
(Gain) loss on venture capital and strategic equity investments, net 10,374 (5,880)
Provision for credit losses 2,007 839
(Gain) loss on divestitures, net (3,376) 659
Other, net 3,731 (450)
Changes in assets and liabilities:    
Trade receivables and contract assets, net (29,353) (17,281)
Inventories (21,882) 5,600
Accounts payable 25,251 (8,541)
Accrued compensation 15,263 (20,945)
Deferred revenue (1,213) 19,957
Customer contract deposits 9,167 6,140
Other assets and liabilities, net 4,054 (33,022)
Net cash provided by operating activities 171,697 129,888
Cash flows relating to investing activities    
Capital expenditures (59,324) (79,144)
Purchases of investments and contributions to venture capital investments (5,302) (13,867)
Proceeds from sale of investments 1,602 7,502
Proceeds from sale of businesses and assets, net 17,441 0
Other, net 104 (283)
Net cash used in investing activities (45,479) (85,792)
Cash flows relating to financing activities    
Proceeds from long-term debt and revolving credit facility 416,341 300,882
Payments on long-term debt, revolving credit facility, and finance lease obligations (149,394) (292,482)
Proceeds from exercises of stock options 0 21,505
Purchase of treasury stock (353,132) (9,351)
Purchase of remaining equity interest of other redeemable noncontrolling interest (19,140) 0
Other, net 0 (2,208)
Net cash (used in) provided by financing activities (105,325) 18,346
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 5,265 (8,387)
Net change in cash, cash equivalents, and restricted cash 26,158 54,055
Cash, cash equivalents, and restricted cash, beginning of period 205,570 284,480
Cash, cash equivalents, and restricted cash, end of period $ 231,728 $ 338,535