Quarterly report pursuant to Section 13 or 15(d)

Consolidated Condensed Statements of Cash Flows

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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Cash Flows From Operating Activities:    
Net Income $ 53,067 $ 37,731
Adjustments to Reconcile Net Income to Cash Provided By Operating Activities:    
Depreciation and Amortization 18,831 21,168
Provisions for Non-Cash Losses on Inventory and Receivables 1,513 733
Stock Compensation Expense 1,740 1,304
Deferred Tax Benefit (243) (4,598)
Non-Cash Earnout Liability Adjustment (1,576) (477)
Other 21 (618)
Cash Flows from Changes in Operating Assets and Liabilities:    
Accounts Receivable (29,796) (41,562)
Inventories (4,805) 16,184
Accounts Payable (1,656) 7,923
Accrued Expenses 5,662 7,660
Other Current Assets and Liabilities (498) (2,461)
Customer Advanced Payments and Deferred Revenue (5,396) 22,593
Income Taxes 5,072 2,048
Supplemental Retirement and Other Liabilities 1,238 921
Cash Provided By Operating Activities 43,174 68,549
Cash Flows From Investing Activities:    
Acquisition of Business, Net of Cash Acquired (52,606) (70,028)
Capital Expenditures (15,857) (29,971)
Other Investing Activities (2,677) 0
Cash Used For Investing Activities (71,140) (99,999)
Cash Flows From Financing Activities:    
Proceeds from Long-term Debt 55,000 245,414
Payments for Long-term Debt (29,008) (245,761)
Debt Acquisition Costs 0 (573)
Acquisition Earnout Payments (2) (37)
Proceeds from Exercise of Stock Options 3,308 1,290
Income Tax Benefit from Exercise of Stock Options 619 2,041
Cash Provided By Financing Activities 29,917 2,374
Effect of Exchange Rates on Cash (715) (631)
Increase (Decrease) in Cash and Cash Equivalents 1,236 (29,707)
Cash and Cash Equivalents at Beginning of Period 21,197 54,635
Cash and Cash Equivalents at End of Period $ 22,433 $ 24,928