XML 70 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 26, 2015
Jun. 27, 2014
Cash flows from operating activities:    
Net income $ 22,989 $ 17,739
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 20,917 10,408
Provision for doubtful accounts 3,976 6,286
Stock-based compensation 5,769 4,987
Deferred income taxes (1,537) (4,088)
Other operating activities 678 (54)
Changes in operating assets and liabilities:    
Accounts receivable 31,906 (15,180)
Income taxes 5,035 3,647
Other assets 1,474 (66)
Accounts payable and other accrued expenses 5,919 (566)
Accrued wages and benefits 2,603 5,291
Workers’ compensation claims reserve 4,463 (792)
Other liabilities 2,506 1,310
Net cash provided by operating activities 106,698 28,922
Cash flows from investing activities:    
Capital expenditures (7,459) (6,113)
Purchases of marketable securities 0 (25,057)
Sales and maturities of marketable securities 1,500 36,175
Change in restricted cash and cash equivalents 8,227 19,007
Purchases of restricted investments (12,959) (18,196)
Maturities of restricted investments 7,504 7,202
Net cash provided by (used in) investing activities (3,187) 13,018
Cash flows from financing activities:    
Net proceeds from stock option exercises and employee stock purchase plans 837 1,349
Common stock repurchases for taxes upon vesting of restricted stock (3,183) (2,665)
Net change in revolving credit facility (98,500) 0
Payments on debt and other liabilities (1,133) (1,133)
Other 961 1,269
Net cash used in financing activities (101,018) (1,180)
Effect of exchange rate changes on cash and cash equivalents (871) 86
Net change in cash and cash equivalents 1,622 40,846
CASH AND CASH EQUIVALENTS, beginning of period 19,666 122,003
CASH AND CASH EQUIVALENTS, end of period $ 21,288 $ 162,849