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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net earnings $ 229,469 $ 217,069
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 24,978 25,469
Amortization 22,929 21,575
Deferred tax benefit (3,245) (6,102)
Excess tax benefits from share-based payment arrangements (1,418) (10,459)
Share-based compensation 10,348 9,784
Other 165 99
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 26,123 43,313
Inventories (27,014) (18,024)
Other current assets 402 9,714
Trade accounts payable (5,355) (13,180)
Taxes payable 17,449 (9,391)
Accruals and other (5,005) 8,371
Net cash provided by operating activities 289,826 278,238
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 281 433
Purchase of property, plant and equipment (56,756) (61,408)
Acquisitions (10,969) (3,385)
Payments for (Proceeds from) Derivative Instrument, Investing Activities (5,563) 182
Net cash used in investing activities (73,007) (64,178)
Cash flows from financing activities:    
Proceeds from borrowings 550,002 512,977
Repayments of borrowings (374,891) (438,529)
Proceeds from stock option exercises 21,834 14,045
Repurchases of common stock (371,223) (296,476)
Excess tax benefits from share - based payment arrangements 1,418 10,459
Payments of Debt Issuance Costs (432) (941)
Payments for Previous Acquisition (572) 0
Net cash used in financing activities (173,864) (198,465)
Effect of exchange rate changes on cash and cash equivalents (4,919) (1,158)
Net (decrease) increase in cash and cash equivalents 38,036 14,437
Cash and cash equivalents:    
Beginning of period 85,263 111,874
End of period $ 123,299 $ 126,311