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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Cash flows from operating activities:    
Net income $ 84,589 $ 90,178
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 39,705 34,916
Amortization of tradenames 892 1,831
Amortization of fair value step up of inventory 400 0
Amortization of debt issuance costs 749 725
Non-cash stock-based compensation expense 9,646 9,250
Foreign currency (gain) loss, net (555) 3,130
Income tax benefit from stock-based compensation 0 (3,684)
Loss on disposal of property, plant, and equipment 221 133
Deferred income taxes 3,227 1,258
Effect of changes in operating assets and liabilities, net of acquisition:    
Accounts receivable, net 57,215 57,229
Finished goods inventories (91,846) (114,817)
Prepaid expenses and other assets (13,871) (12,643)
Accounts payable and other liabilities 16,961 18,093
Net cash provided by operating activities 107,333 85,599
Cash flows from investing activities:    
Capital expenditures (34,276) (49,698)
Acquisition of Skip Hop Holdings, Inc., net of cash acquired (143,704) 0
Proceeds from sale of property, plant, and equipment 0 193
Net cash used in investing activities (177,980) (49,505)
Cash flows from financing activities:    
Borrowings under secured revolving credit facility 100,000 0
Payments on secured revolving credit facility (18,965) 0
Repurchases of common stock (98,236) (180,209)
Dividends paid (35,831) (33,679)
Income tax benefit from stock-based compensation 0 3,684
Withholdings from vestings of restricted stock (5,590) (8,508)
Proceeds from exercises of stock options 3,122 5,101
Net cash used in financing activities 55,500 213,611
Effect of exchange rate changes on cash and cash equivalents 353 1,388
Net decrease in cash and cash equivalents (125,794) (176,129)
Cash and cash equivalents, beginning of period 299,358 381,209
Cash and cash equivalents, end of period $ 173,564 $ 205,080