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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net earnings $ 41,728 $ 71,555
Adjustments to reconcile net earnings to net cash provided by (used for) operating activities:    
Depreciation and amortization 51,538 61,386
(Gain)/loss on sale of businesses 13,498 7,106
(Gain)/loss on fixed asset disposals (669) 389
Deferred income taxes 17,038 10,695
Share-based compensation 4,626 4,286
Impairment of Long-Lived Assets to be Disposed of 40,813 0
Change in operating assets and liabilities, net of businesses acquired and divested:    
Accounts receivable, net (29,713) (19,801)
Inventories, net (15,889) (29,604)
Progress payments (2,255) (7,164)
Accounts payable and accrued expenses (56,781) (26,567)
Deferred revenue (22,115) 20,430
Income taxes payable (30,962) 1,924
Net pension and postretirement liabilities (138,696) (15,545)
Other current and long-term assets and liabilities 16,569 5,327
Net cash provided by (used for) operating activities (111,270) 84,417
Cash flows from investing activities:    
Proceeds from sales and disposals of long lived assets 837 328
Proceeds from divestitures, net of cash sold and transaction costs 22,730 52,098
Additions to property, plant, and equipment (15,689) (35,996)
Acquisition of businesses, net of cash acquired (13,228) (34,362)
Additional consideration of prior period acquisitions (436) (230)
Net cash used for investing activities (5,786) (18,162)
Cash flows from financing activities:    
Borrowings under revolving credit facility 27,394 362,563
Payment of revolving credit facility (27,425) (413,203)
Repurchases of common stock (97,114) (23,911)
Proceeds from share-based compensation 9,253 26,476
Dividends paid (6,184) (6,277)
Proceeds from (Payments for) Other Financing Activities 281 0
Excess tax benefits from share-based compensation plans 3,790 6,657
Net cash used for financing activities (90,005) (47,695)
Effect of exchange-rate changes on cash 1,925 286
Net increase (decrease) in cash and cash equivalents (205,136) 18,846
Cash and cash equivalents at beginning of period 450,116 175,294
Cash and cash equivalents at end of period 244,980 194,140
Supplemental disclosure of non-cash activities:    
Capital expenditures incurred but not yet paid 347 1,371
Property and equipment acquired under build to suit transaction $ 0 $ 12,376