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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 123,544 $ 116,645
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 7,823 8,223
Amortization of intangibles 55,694 51,828
Asset impairment charges 2,149 8,250
Amortization of prepaid product discounts 11,124 9,588
Deferred income taxes (2,747) (6,942)
Employee share-based compensation expense 5,757 7,309
Other non-cash items, net (7,543) (2,983)
Changes in assets and liabilities, net of effect of acquisitions:    
Trade accounts receivable 16,670 15,401
Inventories and supplies (1,245) 637
Other current assets (12,435) (2,779)
Non-current assets (3,400) (1,776)
Accounts payable 2,858 (12,063)
Prepaid product discount payments 13,282 10,937
Other accrued and non-current liabilities (38,031) (28,823)
Net cash provided by operating activities 146,936 151,578
Cash flows from investing activities:    
Purchases of capital assets (28,040) (22,788)
Payments for acquisitions, net of cash acquired (90,205) (77,553)
Proceeds from sales of marketable securities 0 3,500
Other 682 739
Net cash used by investing activities (117,563) (96,102)
Cash flows from financing activities:    
Proceeds from issuing long-term debt 908,000 168,000
Payments on long-term debt (851,410) (207,052)
Proceeds from issuing shares under employee plans 5,767 5,914
Employee taxes paid for shares withheld (7,947) (5,572)
Payments for common shares repurchased (39,996) (30,068)
Cash dividends paid to shareholders (28,762) (29,156)
Other (3,921) (511)
Net cash used by financing activities (18,269) (98,445)
Effect of exchange rate change on cash (1,750) 1,175
Net change in cash and cash equivalents 9,354 (41,794)
Cash and cash equivalents, beginning of year 59,240 76,574
Cash and cash equivalents, end of period $ 68,594 $ 34,780