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
 3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Cash flows from operating activities    
Net earnings $ 21,358 $ 22,299
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities    
Depreciation and amortization 3,466 3,520
(Gain) loss on sale of property and equipment (10) 39
Equity-based compensation expense 4,198 4,609
Deferred income taxes 1,380 (1,932)
Changes in operating assets and liabilities:    
Inventories (3,265) (392)
Prepaid expenses and other assets 3,756 1,033
Accounts payable 263 (2,081)
Other liabilities (29,245) (13,624)
Net cash provided by (used in) operating activities 1,901 13,471
Cash flows from investing activities    
Additions to notes receivable   (3)
Receipts on notes receivable 107 49
Proceeds from sale of property and equipment 10  
Purchases of property and equipment (3,381) (8,971)
Net cash provided by (used in) investing activities (3,264) (8,925)
Cash flows from financing activities    
Repurchase of common stock   (64,610)
Borrowings on line of credit   71,000
Payments on line of credit   (5,000)
Deferred debt issuance costs   (250)
Net cash provided by (used in) financing activities   1,140
Effect of exchange rate changes on cash and cash equivalents 1,909 1,605
Net increase (decrease) in cash and cash equivalents 546 7,291
Cash and cash equivalents, beginning of period 175,774 143,210
Cash and cash equivalents, end of period 176,320 150,501
Cash paid during the period for:    
Interest 2 147
Income taxes 10,087 8,587
Cash received during the period for:    
Income tax refund 4,700  
Non-cash investing activities:    
Credits on notes receivable $ 191 505
Accrued purchases of property and equipment   $ 2,655