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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Operating Activities    
Net income $ 22,224 $ 23,278
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 9,326 8,344
Slow moving inventory valuation adjustment 615 (91)
Stock-based compensation 686 632
Loss on sale of assets 31 4
Deferred income taxes 933 865
Changes in operating assets and liabilities:    
Trade receivables (8,151) (3,025)
Inventories (1,038) 4,916
Trade accounts payable and accrued expenses (2,693) 5,308
Employee compensation and benefits (9,873) (9,798)
Product liability (453) 580
Prepaid expenses, other assets and other liabilities (3,165) (471)
Income taxes payable and prepaid income taxes 10,495 (1,113)
Cash provided by operating activities 18,937 29,429
Investing Activities    
Property, plant and equipment additions (7,232) (6,346)
Cash used for investing activities (7,232) (6,346)
Financing Activities    
Tax benefit from exercise of stock options and vesting of RSU's   8,792
Remittance of taxes withheld from employees related to share-based compensation (2,492) (14,001)
Repurchase of common stock (53,469)  
Dividends paid (7,772) (6,636)
Cash used for financing activities (63,733) (11,845)
(Decrease) Increase in cash and cash equivalents (52,028) 11,238
Cash and cash equivalents at beginning of period 87,126 69,225
Cash and cash equivalents at end of period $ 35,098 $ 80,463