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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 26, 2021
Jun. 27, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 279,611 $ 110,264
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation 38,342 31,330
Amortization of intangibles 7,193 3,129
Expense associated with share-based and grant compensation arrangements 5,742 2,303
Deferred income taxes 177 290
Unrealized (gain) loss on investments and other (2,784) 473
Equity in earnings of investee 1,465  
Net gain on sale and disposition of assets (1,577) (271)
Changes in:    
Accounts receivable (336,094) (155,554)
Inventories (329,577) 25,983
Accounts payable and cash overdraft 143,018 57,017
Accrued liabilities and other 78,751 72,246
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (115,733) 147,210
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (79,028) (46,730)
Proceeds from sale of property, plant and equipment 6,673 644
Acquisitions and purchases of non-controlling interest, net of cash received (433,239) (18,689)
Purchases of investments (14,581) (20,094)
Proceeds from sale of investments 6,885 18,339
Other (708) 318
NET CASH USED IN INVESTING ACTIVITIES (513,998) (66,212)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under revolving credit facilities 849,944 6,759
Repayments under revolving credit facilities (589,695) (6,498)
Contingent consideration payments and other (1,464) (3,077)
Proceeds from issuance of common stock 936 697
Dividends paid to shareholders (18,550) (15,374)
Distributions to noncontrolling interest (2,914) (299)
Repurchase of common stock   (29,212)
Other (331) 32
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 237,926 (46,972)
Effect of exchange rate changes on cash 112 (1,422)
NET CHANGE IN CASH AND CASH EQUIVALENTS (391,693) 32,604
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF YEAR 436,608 168,666
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD $ 44,915 $ 201,270