Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows

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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Cash flows from operating activities    
Net earnings $ 45,096 $ 35,838
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities    
Depreciation and amortization 4,630 4,408
(Gain) loss on sale of property and equipment 28 16
Equity-based compensation expense 4,388 4,071
Excess tax benefits from equity-based payment arrangements (5,736) (3,387)
Deferred income taxes (1,029) (605)
Changes in operating assets and liabilities:    
Inventories (9,454) 3,034
Prepaid expenses and other assets (5,722) (5,144)
Income tax payable related to tax benefit from equity award activity 5,736 3,387
Accounts payable 1,165 (3,085)
Other liabilities 7,065 (7,283)
Net cash provided by (used in) operating activities 46,167 31,250
Cash flows from investing activities    
Additions to notes receivable (1,578) (2,520)
Purchases of investment securities held-to-maturity   (3,871)
Maturities of investment securities   9,137
Proceeds from sale of property and equipment   8
Purchases of property and equipment (9,778) (10,103)
Net cash provided by (used in) investing activities (11,356) (7,349)
Cash flows from financing activities    
Excess tax benefits from equity-based payment arrangements 5,736 3,387
Repurchase of common stock   (46,109)
Net cash provided by (used in) financing activities 5,736 (42,722)
Effect of exchange rate changes on cash and cash equivalents (744) (255)
Net increase (decrease) in cash and cash equivalents 39,803 (19,076)
Cash and cash equivalents, beginning of period 111,126 137,343
Cash and cash equivalents, end of period 150,929 118,267
Cash paid during the period for:    
Interest 7 6
Income taxes 14,978 9,963
Non-cash investing activities:    
Credits on notes receivable 56 116
Accrued purchases of property and equipment $ 149 331
Non-cash financing activities:    
Unsettled trades for repurchase of common stock   $ (2,985)