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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities    
Net income $ 205,714 $ 154,343
Adjustments to reconcile net income to net cash provided by operating activities:    
Ununtilized CARES Act grant 48,041  
Depreciation and amortization 42,237 31,110
Deferred payroll taxes 22,941  
Stock option expense 13,296 10,729
Noncash long-term incentive compensation 5,301 4,184
Litigation settlement 2,684 6,000
Noncash directors' compensation 1,171 767
Provision/(benefit) for deferred income taxes 831 (6,085)
Amortization of debt issuance costs 229 229
Asset impairment loss   2,266
Changes in operating assets and liabilities:    
Decrease in accounts receivable 27,993 10,558
Increase in inventories (84) (1,649)
Increase in prepaid expenses (2,072) (6,836)
Increase in accounts payable and other current liabilities 34,526 28,622
Change in current income taxes (4,366) (81)
Net change in lease assets and liabilities 1,583 1,311
Increase in other assets (9,646) (8,145)
Increase in other liabilities 10,735 9,045
Other sources 1,298 1,277
Net cash provided by operating activities 402,412 237,645
Cash Flows from Investing Activities    
Capital expenditures (42,670) (39,753)
Business combinations (3,600) (138,010)
Other sources 672 101
Net cash used by investing activities (45,598) (177,662)
Cash Flows from Financing Activities    
Payments on revolving line of credit (264,900) (359,900)
Proceeds from revolving line of credit 174,900 400,700
Purchases of treasury stock (147,123) (71,926)
Proceeds from exercise of stock options 31,498 23,383
Capital stock surrendered to pay taxes on stock-based compensation (18,707) (26,108)
Dividends paid (15,639) (14,657)
Change in cash overdrafts payable (9,849) (7,535)
Other (uses)/sources (387) 295
Net cash used by financing activities (250,207) (55,748)
Increase in Cash and Cash Equivalents 106,607 4,235
Cash and cash equivalents at beginning of year 6,158 4,831
Cash and cash equivalents at end of period $ 112,765 $ 9,066