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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 29, 2020
Jul. 01, 2019
Cash flows from operating activities:    
Net income $ 191,636 $ 172
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property, plant and equipment 71,503 82,837
Amortization of definite-lived intangible assets 22,699 30,452
Amortization of debt discount and issuance costs 7,157 7,313
Deferred income taxes 34,206 (2,228)
Stock-based compensation 7,482 7,528
Gain on sale of the Mobility business unit (248,863)  
Other 157 (8,785)
Changes in operating assets and liabilities:    
Accounts receivable, net 89,323 40,425
Contract assets (39,118) 26,670
Inventories (6,470) (12,772)
Prepaid expenses and other current assets (14,574) (8,934)
Accounts payable 24,183 (10,659)
Contract liabilities (698) (834)
Accrued salaries, wages and benefits and other current liabilities 8,286 (28,138)
Net cash provided by operating activities 146,909 123,047
Cash flows from investing activities:    
Proceeds from sale of the Mobility business unit, net of cash disposed 202,752  
Purchase of property, plant and equipment and other assets (54,899) (69,099)
Proceeds from sale of property, plant and equipment and other assets 78 5,912
Net cash provided by (used in) investing activities 147,931 (63,187)
Cash flows from financing activities:    
Repayment of long-term debt borrowing   (30,000)
Payment of debt issuance costs   (1,532)
Redemption of convertible notes   (10)
Net cash used in financing activities   (31,542)
Effect of foreign currency exchange rates on cash and cash equivalents (326) (212)
Net increase in cash and cash equivalents 294,514 28,106
Cash and cash equivalents at beginning of period 400,154 256,360
Cash and cash equivalents at end of period 694,668 284,466
Cash and cash equivalents in assets held for sale   (18,133)
Cash and cash equivalents as presented on the consolidated condensed balance sheet 694,668 266,333
Supplemental cash flow information:    
Cash paid, net for interest 32,814 39,739
Cash paid, net for income taxes 11,678 13,119
Net cash provided by operating activities from discontinued operations 39,462 2,768
Net cash provided by (used in) investing activities from discontinued operations 193,202 (13,003)
Supplemental disclosure of noncash investing activities:    
Property, plant and equipment recorded in accounts payable $ 38,223 61,475
Supplemental disclosure of noncash investing activities from discontinued operations:    
Property, plant and equipment recorded in accounts payable   $ 9,635