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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net earnings $ 83,197 $ 72,782
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 49,961 48,987
Gain on fixed asset disposals (197) (28)
Deferred income taxes (1,750) 14,127
Share-based compensation 6,016 4,985
Change in operating assets and liabilities, net of businesses acquired and divested:    
Accounts receivable, net (27,246) 85,281
Inventories, net 534 (14,527)
Progress payments (1,316) (345)
Accounts payable and accrued expenses (48,229) (65,856)
Deferred revenue 11,171 9,153
Income taxes payable (13,217) (25,412)
Net pension and postretirement liabilities 1,041 412
Other Operating Activities, Cash Flow Statement 0 20,405
Other current and long-term assets and liabilities 967 6,667
Net cash provided by operating activities 60,932 156,631
Cash flows from investing activities:    
Proceeds from sales and disposals of long lived assets 349 244
Additions to property, plant, and equipment (23,288) (15,733)
Acquisition of businesses, net of cash acquired (232,630) (295)
Net cash used for investing activities (255,569) (15,784)
Cash flows from financing activities:    
Borrowings under revolving credit facility 2,736 3,755
Payment of revolving credit facility (2,584) (3,901)
Repurchases of common stock (26,454) (54,958)
Proceeds from share-based compensation 5,374 13,098
Dividends paid (5,757) (5,797)
Excess tax benefits from share-based compensation plans 0 6,220
Proceeds from (Payments for) Other Financing Activities (336) (308)
Net cash used for financing activities (27,021) (41,891)
Effect of exchange-rate changes on cash 10,521 (4,502)
Net increase (decrease) in cash and cash equivalents (211,137) 94,454
Cash and cash equivalents at beginning of period 553,848 288,697
Cash and cash equivalents at end of period 342,711 383,151
Supplemental disclosure of non-cash activities:    
Capital expenditures incurred but not yet paid $ 1,641 $ 775