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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 03, 2026
Mar. 28, 2025
Cash Flows from Operating Activities:    
Net income $ 111,556 $ 103,611
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense from property, plant and equipment and financing leases 51,040 47,511
Amortization of intangible assets and deferred proceeds, net 5,862 5,862
Fair value adjustment of acquisition related contingent consideration 53,391 42,728
Amortization of debt costs 1,242 835
Loss on sale of property, plant and equipment 1,320 1,369
Deferred income taxes 38,925 35,278
Change in current assets less current liabilities (46,089) (19,676)
Change in other noncurrent assets 5,933 6,476
Change in other noncurrent liabilities (17,907) (25,823)
Total adjustments 93,717 94,560
Net cash provided by operating activities 205,273 198,171
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (63,112) (97,866)
Investment in equity method investees (5,339) (4,584)
Proceeds from the sale of property, plant and equipment 113 157
Proceeds from the disposal of short-term investments 0 112,755
Purchases of short-term investments 0 (150,157)
Net cash used in investing activities (68,338) (139,695)
Cash Flows from Financing Activities:    
Payments on term loan facility (150,000) 0
Payments of acquisition related contingent consideration (19,070) (19,819)
Cash dividends paid (16,641) (21,794)
Payments on financing lease obligations (137) (650)
Debt issuance fees (58) (232)
Net cash used in financing activities (185,906) (42,495)
Net (decrease) increase in cash and cash equivalents during period (48,971) 15,981
Cash and cash equivalents at beginning of period 281,918 1,135,824
Cash and cash equivalents at end of period 232,947 1,151,805
Significant non-cash investing and financing activities:    
Additions to property, plant and equipment accrued and recorded in accounts payable, trade 44,354 27,986
Accrued excise taxes related to share repurchases 27,972 650
Right-of-use assets obtained in exchange for operating lease obligations $ 819 $ 223