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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash Flows from Operating Activities    
Net income $ 154,343 $ 151,216
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 31,110 28,738
Stock option expense 10,729 9,360
Benefit for deferred income taxes (6,085) (1,344)
Litigation settlement 6,000  
Noncash long-term incentive compensation 4,184 4,176
Asset impairment loss 2,266  
Noncash directors' compensation 767 766
Amortization of debt issuance costs 229 361
Amortization of restricted stock awards   446
Changes in operating assets and liabilities:    
Decrease in accounts receivable 10,558 4,637
Increase in inventories (1,649) (429)
Increase in prepaid expenses (6,836) (1,518)
Increase in accounts payable and other current liabilities 28,622 12,182
Net change in lease assets and liabilities 1,311  
Change in current income taxes (81) 23,858
Increase in other assets (8,145) (9,441)
Increase in other liabilities 9,045 7,190
Other sources 1,277 410
Net cash provided by operating activities 237,645 230,608
Cash Flows from Investing Activities    
Business combinations (138,010) (12,875)
Capital expenditures (39,753) (36,554)
Other sources 101 480
Net cash used by investing activities (177,662) (48,949)
Cash Flows from Financing Activities    
Proceeds from revolving line of credit 400,700 428,150
Payments on revolving line of credit (359,900) (324,350)
Purchases of treasury stock (71,926) (121,976)
Capital stock surrendered to pay taxes on stock-based compensation (26,108) (24,763)
Proceeds from exercise of stock options 23,383 23,079
Dividends paid (14,657) (13,850)
Change in cash overdrafts payable (7,535) (15,307)
Payments on other long-term debt   (75,000)
Debt issuance costs   (985)
Other sources/(uses) 295 (319)
Net cash used by financing activities (55,748) (125,321)
Increase in Cash and Cash Equivalents 4,235 56,338
Cash and cash equivalents at beginning of year 4,831 11,121
Cash and cash equivalents at end of period $ 9,066 $ 67,459