Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows

v2.3.0.15
Consolidated Statements Of Cash Flows (USD $)
In Thousands
9 Months Ended
Oct. 01, 2011
Oct. 02, 2010
Cash flows from operating activities    
Net earnings $ 37,591 $ 33,260
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 6,361 5,641
Loss on sale of property and equipment 44 87
Equity-based compensation expense 7,739 7,107
Excess tax benefits from equity-based payment arrangements (48) (792)
Deferred income taxes (1,473) (1,221)
Inventory valuation 888 989
Changes in operating assets and liabilities:    
Inventories (3,552) (5,040)
Prepaid expenses and other assets 6,063 30
Accounts payable 2,614 41
Other liabilities (2,759) 6,137
Total adjustments 15,877 12,979
Net cash provided by operating activities 53,468 46,239
Cash flows from investing activities    
Acquisition, net of cash acquired   (42,694)
Proceeds from sale of property and equipment 1 32
Purchases of property and equipment (8,558) (3,676)
Net cash used in investing activities (8,557) (46,338)
Cash flows from financing activities    
Proceeds from equity awards exercised 39 4,640
Excess tax benefits from equity-based payment arrangements 48 792
Repurchase of common stock (32,701) (8,630)
Borrowings on line of credit   23,350
Payments on line of credit   (11,350)
Net cash used in financing activities (32,614) 8,802
Effect of exchange rate changes on cash and cash equivalents (202) 567
Net increase in cash and cash equivalents 12,095 9,270
Cash and cash equivalents, beginning of period 24,222 13,658
Cash and cash equivalents, end of period 36,317 22,928
Supplemental disclosures of cash flow information    
Interest 10 62
Income taxes 19,281 18,582
Non-cash financing activities    
Common stock issued in connection with acquisition   $ 17,716