v3.19.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net earnings $ 24,172 $ 28,946
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities    
Depreciation and amortization 3,866 4,531
Right-of-use asset amortization 2,023  
(Gain) loss on sale of property and equipment 23 1,782
Equity-based compensation expense 3,832 3,805
Deferred income taxes 3,048 3,102
Changes in operating assets and liabilities:    
Inventories (3,630) (4,469)
Prepaid expenses and other assets 1,480 (3,379)
Accounts payable 1,750 649
Other liabilities (31,043) (15,449)
Net cash provided by (used in) operating activities 5,521 19,518
Cash flows from investing activities    
Receipts on notes receivable 55 301
Payments for net investment hedge (1,660)  
Maturities of investment securities 36,685  
Proceeds from sale of property and equipment 6 35
Purchases of property and equipment (2,577) (2,948)
Net cash provided by (used in) investing activities 32,509 (2,612)
Cash flows from financing activities    
Repurchase of common stock (30,000) (2,943)
Borrowings on line of credit 5,000  
Payments on line of credit (5,000)  
Payments related to tax withholding for net-share settled equity awards (1,413) (308)
Net cash provided by (used in) financing activities (31,413) (3,251)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 4,170 5,519
Net increase (decrease) in cash, cash equivalents and restricted cash 10,787 19,174
Cash, cash equivalents, and restricted cash at beginning of period 217,234 250,535
Cash, cash equivalents, and restricted cash at end of period 228,021 269,709
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets    
Total cash, cash equivalents, and restricted cash 217,234 250,535
Cash paid during the period for:    
Interest 5 2
Income taxes 10,163 19,495
Cash received during the period for:    
Income tax refund 5,095 49
Non-cash operating activities    
Right-of-use assets obtained in exchange for lease obligations 20,286  
Non-cash investing activities:    
Accrued purchases of property and equipment $ 251 $ 159

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