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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Consolidated net income $ 85.4 $ 42.9
Adjustments to reconcile consolidated net income to cash flows from operating activities:    
Depreciation and amortization 40.4 40.0
Write-down of demonstration inventories to net realizable value 12.5 15.0
Stock-based compensation expense 6.8 5.8
Deferred income taxes (32.1) (1.1)
Loss on disposal of product line   0.2
Other non-cash expenses, net 12.7 9.5
Changes in operating assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable 15.4 37.7
Inventories (73.4) (40.7)
Accounts payable and accrued expenses (11.5) 4.8
Income taxes payable, net (19.8) (4.5)
Deferred revenue 3.0 (1.2)
Customer advances (6.5) (9.7)
Other changes in operating assets and liabilities, net 7.1 (19.1)
Net cash provided by operating activities 40.0 79.6
Cash flows from investing activities:    
Purchases of short-term investments (77.6) (78.0)
Maturities of short-term investments 122.4 41.3
Cash paid for acquisitions, net of cash acquired (1.2)  
Purchases of property, plant and equipment (26.0) (22.8)
Proceeds from sales of property, plant and equipment 0.9 0.7
Net cash provided by (used in) investing activities 18.5 (58.8)
Cash flows from financing activities:    
Proceeds from revolving lines of credit 99.0 17.0
Proceeds (repayment) of other debt, net 0.1 (0.4)
Proceeds from issuance of common stock, net 10.2 7.0
Payment of contingent consideration   (3.0)
Repurchase of common stock (143.5) (24.9)
Changes in restricted cash 0.6 1.4
Payment of dividends (19.4)  
Cash payments to noncontrolling interest (0.7) (0.5)
Excess tax benefits related to stock option awards 0.3 2.2
Net cash used in financing activities (53.4) (1.2)
Effect of exchange rate changes on cash and cash equivalents 6.5 (8.1)
Net change in cash and cash equivalents 11.6 11.5
Cash and cash equivalents at beginning of period 267.1 319.5
Cash and cash equivalents at end of period $ 278.7 $ 331.0