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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Apr. 02, 2023
Mar. 27, 2022
Cash flows from operating activities of continuing operations:    
Net income $ 76,748 $ 77,141
Adjustments to reconcile net income to net cash provided by operating activities:    
Loss from discontinued operations 548 226
Depreciation expense 18,287 17,317
Intangible asset amortization expense 41,540 40,597
Deferred financing costs and debt discount amortization expense 846 1,048
Changes in contingent consideration 2,447 (30)
Assets impairment charges 0 1,497
Stock-based compensation 7,015 5,302
Deferred income taxes, net 2,092 409
Interest benefit on swaps designated as net investment hedges (5,108) (4,848)
Other (427) (2,093)
Changes in assets and liabilities, net of effects of acquisitions and disposals:    
Accounts receivable 1,339 (27,805)
Inventories (30,099) (19,852)
Prepaid expenses and other assets 2,752 4,830
Accounts payable, accrued expenses and other liabilities (40,856) (36,978)
Income taxes receivable and payable, net 7,225 5,341
Net cash provided by operating activities from continuing operations 84,349 62,102
Cash flows from investing activities of continuing operations:    
Expenditures for property, plant and equipment (21,835) (13,078)
Proceeds from sale of business and assets 0 262
Payments for businesses and intangibles acquired, net of cash acquired 64 0
Net cash used in investing activities from continuing operations (21,899) (12,816)
Cash flows from financing activities of continuing operations:    
Reduction in borrowings 75,125 0
Net payments from share based compensation plans and related tax impacts (2,433) (4,941)
Payments for contingent consideration (64) (73)
Dividends paid (15,969) (15,946)
Net cash used in financing activities from continuing operations (93,591) (20,960)
Cash flows from discontinued operations:    
Net cash used in operating activities (285) (119)
Net cash used in discontinued operations (285) (119)
Effect of exchange rate changes on cash and cash equivalents 3,530 (6,635)
Net (decrease) increase in cash and cash equivalents (27,896) 21,572
Cash and cash equivalents at the beginning of the period 292,034 445,084
Cash and cash equivalents at the end of the period $ 264,138 $ 466,656