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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
OPERATING ACTIVITIES    
Net income $ 391,081 $ 383,116
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 52,716 49,513
Provision for doubtful accounts 2,738 11,975
Stock-based compensation 30,626 43,512
Deferred income taxes 21,832 (8,356)
Loss on sale/disposal of assets 566 459
Changes in operating elements (net of acquisitions):    
Receivables (137,813) (39,051)
Prepaid expenses and other (12,148) (6,347)
Other non-current assets (2,793) 124
Accounts payable and outstanding checks 93,510 23,037
Accrued compensation and profit-sharing contribution (50,105) (3,585)
Accrued income taxes (3,159) 17,774
Other accrued liabilities (10,223) (7,728)
Net cash provided by operating activities 376,828 464,443
INVESTING ACTIVITIES    
Purchases of property and equipment (56,125) (19,317)
Purchases and development of software (14,986) (13,494)
Acquisitions, net of cash acquired (220,203) (367,108)
Restricted cash 0 359,388
Other (735) 535
Net cash used for investing activities (292,049) (39,996)
FINANCING ACTIVITIES    
Proceeds from stock issued for employee benefit plans 16,003 13,036
Stock tendered for payment of withholding taxes (36,220) (10,980)
Repurchase of common stock (109,085) (161,115)
Cash dividends (191,129) (171,448)
Excess tax benefit on stock-based compensation 17,207 7,298
Proceeds from short-term borrowings 4,415,000 5,508,000
Payments on short-term borrowings (4,140,000) (5,583,000)
Net cash used for financing activities (28,224) (398,209)
Effect of exchange rates on cash (335) (12,091)
Net increase in cash and cash equivalents 56,220 14,147
Cash and cash equivalents, beginning of period 168,229 128,940
Cash and cash equivalents, end of period 224,449 143,087
Noncash transactions from investing activities:    
Accrued purchases of property and equipment $ 4,332 $ 0