XML 33 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Interim Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net earnings $ 114,031 $ 107,015
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 16,106 14,854
Amortization 10,556 7,947
Deferred tax provision (4,758) (8,058)
Excess tax benefits from share-based payment arrangements (340) (4,931)
Share-based compensation 5,954 5,722
Other 1,258 (515)
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 23,645 4,121
Inventories 21,832 (33,628)
Other current assets 2,220 1,229
Trade accounts payable 37,727 (6,874)
Taxes payable (4,369) 796
Accruals and other 45,097 6,281
Net cash provided by operating activities 112,049 93,553
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 153 2,302
Purchase of property, plant and equipment (43,233) (40,517)
Acquisitions (1,541) (15,463)
Other investing activities 0 (882)
Net cash used in investing activities (44,621) (54,560)
Cash flows from financing activities:    
Proceeds from borrowings 99,813 46,443
Repayments of borrowings (145,612) (104,200)
Proceeds from stock option exercises 13,264 6,583
Repurchases of common stock (135,766) (114,179)
Excess tax benefits from share - based payment arrangements 340 4,931
Other financing activities (543) 67
Net cash used in financing activities (168,504) (160,355)
Effect of exchange rate changes on cash and cash equivalents 241 2,548
Net (decrease) increase in cash and cash equivalents (100,835) (118,814)
Cash and cash equivalents:    
Beginning of period 235,601 447,577
End of period $ 134,766 $ 328,763