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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 25, 2021
Dec. 26, 2020
Dec. 28, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 552,364 $ 253,882 $ 182,404
Adjustments to reconcile net earnings to net cash from operating activities:      
Depreciation 84,184 63,964 60,494
Amortization of intangibles 13,948 8,716 6,325
Expense associated with share-based and grant compensation arrangements 11,224 4,034 4,007
Deferred income taxes 5,653 1,857 7,176
Unrealized gain on investments and other (4,118) (2,076) (2,523)
Equity in earnings of investee 3,902    
Net gain on sale and disposition of assets (11,992) 1,470 1,565
Goodwill impairment   11,485  
Gain from reduction of estimated earnout liability   (4,134)  
Changes in:      
Accounts receivable (85,439) (87,552) (16,872)
Inventories (260,301) (76,022) 73,120
Accounts payable and cash overdraft 78,060 62,405 (24,132)
Accrued liabilities and other 124,992 98,448 57,727
NET CASH PROVIDED BY OPERATING ACTIVITIES 512,477 336,477 349,291
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of property, plant and equipment (151,166) (89,182) (84,933)
Proceeds from sale of property, plant and equipment 29,973 2,922 1,777
Acquisitions and purchases of non-controlling interest, net of cash received (475,960) (65,255) (39,122)
Investment in life insurance contracts     (15,253)
Purchases of investments (23,797) (28,054) (13,352)
Proceeds from sale of investments 14,882 24,805 9,828
Other (5,119) 46 (982)
NET CASH USED IN INVESTING ACTIVITIES (611,187) (154,718) (142,037)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under revolving credit facilities 892,072 6,862 422,057
Repayments under revolving credit facilities (888,695) (6,498) (460,537)
Contingent consideration payments and other (3,176) (5,787) (3,136)
Issuance of long-term debt   150,000  
Proceeds from issuance of common stock 2,116 1,395 1,093
Dividends paid to shareholders (40,209) (30,669) (24,549)
Distributions to noncontrolling interest (6,750) (932) (2,216)
Repurchase of common stock   (29,212)  
Other (364) 62 20
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (45,006) 85,221 (67,268)
Effect of exchange rate changes on cash (1,669) 962 482
NET CHANGE IN CASH AND CASH EQUIVALENTS (145,385) 267,942 140,468
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF YEAR 436,608 168,666 28,198
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD $ 291,223 $ 436,608 $ 168,666