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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
OPERATING ACTIVITIES      
Net income $ 664,505 $ 504,893 $ 513,384
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 96,729 92,977 74,669
Provision for doubtful accounts 15,634 13,489 5,136
Stock-based compensation 87,791 41,805 37,565
Deferred income taxes (15,315) (28,096) 15,009
Excess tax benefit on stock-based compensation (10,388) (13,657)  
Excess tax benefit on stock-based compensation     (18,462)
Other operating activities 1,815 4,491 1,907
Changes in operating elements, net of effects of acquisitions:      
Receivables (190,048) (364,181) (173,211)
Contract assets (11,871) 0 0
Prepaid expenses and other 16,029 (9,173) (6,378)
Other non-current assets 1,370 (19,099) (3,934)
Accounts payable and outstanding checks 36,083 144,041 115,917
Accrued compensation 47,011 7,209 (47,570)
Accrued transportation expense 25,175 0 0
Accrued income taxes 21,176 18,817 19,921
Other accrued liabilities 7,200 (9,515) (4,545)
Net cash provided by operating activities 792,896 384,001 529,408
INVESTING ACTIVITIES      
Purchases of property and equipment (45,000) (40,122) (73,452)
Purchases and development of software (18,871) (17,823) (17,985)
Acquisitions, net of cash acquired (5,315) (49,068) (220,203)
Other investing activities (3,622) (521) (1,348)
Net cash used for investing activities (72,808) (107,534) (312,988)
FINANCING ACTIVITIES      
Proceeds from stock issued for employee benefit plans 51,285 38,130 19,271
Stock tendered for payment of withholding taxes (21,264) (21,557) (36,678)
Repurchase of common stock (300,991) (185,485) (172,925)
Cash dividends (265,219) (258,222) (245,430)
Excess tax benefit on stock-based compensation 0 0 18,462
Proceeds from long-term borrowings 591,012 250,000 0
Proceeds from short-term borrowings 2,674,000 8,784,000 6,600,000
Payments on short-term borrowings (3,384,000) (8,809,000) (6,310,000)
Net cash used for financing activities (655,177) (202,134) (127,300)
Effect of exchange rates on cash (20,186) 11,891 (9,683)
Net change in cash and cash equivalents 44,725 86,224 79,437
Cash and cash equivalents, beginning of year 333,890 247,666 168,229
Cash and cash equivalents, end of year 378,615 333,890 247,666
Supplemental cash flow disclosures      
Cash paid for income taxes 215,644 262,861 269,187
Cash paid for interest 47,544 37,871 28,908
Accrued share repurchases held in other accrued liabilities $ 3,000 $ 500 $ 5,988