XML 70 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 25, 2015
Sep. 26, 2014
Cash flows from operating activities:    
Net income $ 43,079 $ 38,650
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 31,415 20,126
Provision for doubtful accounts 4,483 9,619
Stock-based compensation 8,283 8,902
Deferred income taxes (6,029) 6,077
Other operating activities 20 (148)
Changes in operating assets and liabilities:    
Accounts receivable (6,597) (26,391)
Income taxes 9,673 (3,179)
Other assets (3,685) (6,510)
Accounts payable and other accrued expenses 17,453 (1,687)
Accrued wages and benefits 10,315 11,373
Workers’ compensation claims reserve 10,024 532
Other liabilities 1,883 2,539
Net cash provided by operating activities 120,317 59,903
Cash flows from investing activities:    
Capital expenditures (12,590) (10,213)
Acquisition of businesses, net of cash acquired 0 (307,972)
Purchases of marketable securities 0 (25,057)
Sales and maturities of marketable securities 1,500 43,917
Change in restricted cash and cash equivalents 13,070 10,020
Purchases of restricted investments (38,818) (18,196)
Maturities of restricted investments 11,047 10,588
Net cash used in investing activities (25,791) (296,913)
Cash flows from financing activities:    
Net proceeds from stock option exercises and employee stock purchase plans 1,164 1,673
Common stock repurchases for taxes upon vesting of restricted stock (3,725) (3,021)
Net change in revolving credit facility (85,994) 146,994
Payments on debt and other liabilities (1,700) (1,700)
Other 1,134 1,242
Net cash provided by (used in) financing activities (89,121) 145,188
Effect of exchange rate changes on cash and cash equivalents (1,839) (937)
Net change in cash and cash equivalents 3,566 (92,759)
CASH AND CASH EQUIVALENTS, beginning of period 19,666 122,003
CASH AND CASH EQUIVALENTS, end of period $ 23,232 $ 29,244