XML 19 R8.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 348,950 $ 410,549
Adjustments to reconcile net earnings to net cash from operating activities:    
Depreciation 92,130 80,432
Amortization of intangibles 17,621 15,325
Expense associated with share-based and grant compensation arrangements 27,345 26,068
Deferred income taxes (674) 113
Unrealized gain on investments and other (3,201) 362
Equity in loss of investee 1,313 1,013
Net loss (gain) on sale, disposition and impairment of assets 1,538 (465)
Gain from reduction of estimated earnout liability (1,855)  
Changes in:    
Accounts receivable (102,355) (82,883)
Inventories 81,238 230,559
Accounts payable and cash overdraft 37,391 49,093
Accrued liabilities and other (1,779) (18,363)
NET CASH FROM OPERATING ACTIVITIES 497,662 711,803
CASH FLOWS USED IN INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (165,493) (130,947)
Proceeds from sale of property, plant and equipment 3,795 2,211
Acquisitions, net of cash received and purchase of equity method investment   (52,488)
Purchases of investments (34,284) (26,333)
Proceeds from sale of investments 13,782 22,101
Other 4,712 (2,092)
NET CASH USED IN INVESTING ACTIVITIES (177,488) (187,548)
CASH FLOWS USED IN FINANCING ACTIVITIES:    
Borrowings under revolving credit facilities 20,130 18,915
Repayments under revolving credit facilities (20,477) (21,929)
Repayments of debt   (29)
Repayment of debt on behalf of investee (6,303)  
Contingent consideration payments and other (4,779) (6,179)
Proceeds from issuance of common stock 2,122 2,087
Dividends paid to shareholders (60,721) (49,723)
Distributions to noncontrolling interest (11,848) (7,355)
Purchase of remaining noncontrolling interest of subsidiary (4,902)  
Payments to taxing authorities in connection with shares directly withheld from employees (17,838)  
Repurchase of common stock (141,122) (62,076)
Other 55 65
NET CASH USED IN FINANCING ACTIVITIES (245,683) (126,224)
Effect of exchange rate changes on cash (5,179) 3,199
NET CHANGE IN CASH AND CASH EQUIVALENTS 69,312 401,230
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF YEAR 1,122,256 559,623
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD $ 1,191,568 $ 960,853