Annual report pursuant to Section 13 and 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 29, 2012
Dec. 31, 2011
Jan. 01, 2011
Cash flows from operating activities      
Net earnings $ 66,433 $ 50,752 $ 45,651
Adjustments to reconcile net earnings to net cash provided by operating activities      
Depreciation and amortization 8,826 8,474 7,916
(Gain) loss on sale of property and equipment (36) 45 94
Equity-based compensation expense 10,210 10,549 10,406
Excess tax benefits from equity-based payment arrangements (3,443) (48) (2,449)
Common stock awarded to Associates 80    
Deferred income taxes 4,111 (1,599) 3,194
Changes in operating assets and liabilities:      
Inventories, net 1,370 (3,209) (4,982)
Prepaid expenses and other assets (6,341) 4,024 (5,218)
Accounts payable (985) 1,502 (1,981)
Other liabilities 12,580 (382) 13,477
Total adjustments 26,372 19,356 20,457
Net cash provided by operating activities 92,805 70,108 66,108
Cash flows from investing activities      
Acquisitions, net of cash acquired     (42,694)
Proceeds from sale of property and equipment 154 34 33
Purchases of property and equipment (8,432) (10,643) (4,192)
Net cash used in investing activities (8,278) (10,609) (46,853)
Cash flows from financing activities      
Proceeds from equity awards exercised 309 39 12,005
Excess tax benefits from equity-based payment arrangements 3,443 48 2,449
Repurchase of common stock (68,294) (33,459) (17,031)
Borrowings on line of credit 1,846   31,150
Payments on line of credit (1,846)   (38,150)
Net cash used in financing activities (64,542) (33,372) (9,577)
Effect of exchange rate changes on cash and cash equivalents 501 4 886
Net increase in cash and cash equivalents 20,486 26,131 10,564
Cash and cash equivalents, beginning of period 50,353 24,222 13,658
Cash and cash equivalents, end of period 70,839 50,353 24,222
Supplemental disclosures of cash flow information      
Interest 20 10 99
Income taxes 27,131 24,539 21,628
Non-cash financing activities      
Common stock issued in connection with acquisitions     $ 17,716