XML 36 R5.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
OPERATING ACTIVITIES    
Net income $ 208,051 $ 181,238
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 22,609 12,381
Depreciation and amortization 15,299 14,701
Provision for doubtful accounts 4,062 7,059
Deferred taxes and other (618) 10,592
Changes in operating elements:    
Receivables (279,205) (271,091)
Prepaid expenses and other (8,451) (7,816)
Accounts payable and outstanding checks 130,693 91,224
Accrued compensation and profit-sharing contribution (19,451) (34,705)
Accrued income taxes and other 5,865 6,290
Net cash provided by operating activities 78,854 9,873
INVESTING ACTIVITIES    
Purchases of property and equipment (11,733) (7,988)
Purchases and development of software (8,052) (4,757)
Purchases of available-for-sale-securities 0 (10,752)
Sales/maturities of available-for-sale-securities 9,311 12,990
Restricted cash 0 (5,000)
Other investing activities 5 (27)
Net cash used for investing activities (10,469) (15,534)
FINANCING ACTIVITIES    
Payment of contingent purchase price (4,318) 0
Proceeds from stock issued for employee benefit plans 4,916 8,909
Repurchase of common stock (64,499) (89,141)
Excess tax benefit on stock-based compensation 11,053 4,297
Cash dividends (97,562) (84,636)
Net cash used for financing activities (150,410) (160,571)
Effect of exchange rates on cash (685) (4,951)
Net change in cash and cash equivalents (82,710) (171,183)
Cash and cash equivalents, beginning of period 398,607 337,308
Cash and cash equivalents, end of period $ 315,897 $ 166,125