XML 25 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Operating Activities    
Net income $ 24,319 $ 23,718
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 8,940 4,501
Slow moving inventory valuation adjustment 157 235
Stock-based compensation 1,214 1,330
Gain on sale of assets    (70)
Deferred income taxes (1,680) (2,684)
Changes in operating assets and liabilities:    
Trade receivables (2,516) (16,464)
Inventories (6,033) 1,684
Trade accounts payable and accrued expenses (1,256) 2,836
Employee compensation and benefits (14,046) 3,678
Product liability 15 186
Prepaid expenses, other assets and other liabilities (6,618) (2,676)
Income taxes payable 13,214 14,133
Cash provided by operating activities 15,710 30,407
Investing Activities    
Property, plant and equipment additions (9,579) (7,705)
Proceeds from sale of assets    70
Cash used for investing activities (9,579) (7,635)
Financing Activities    
Tax benefit from exercise of stock options and vesting of RSU's 1,344 1,747
Remittance of taxes withheld from employees related to share-based compensation (2,317) (2,082)
Proceeds from exercise of stock options 23   
Dividends paid (10,475) (7,804)
Cash used for financing activities (11,425) (8,139)
Increase (decrease) in cash and cash equivalents (5,294) 14,633
Cash and cash equivalents at beginning of period 55,064 30,978
Cash and cash equivalents at end of period $ 49,770 $ 45,611