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Components of Equity
3 Months Ended
Mar. 31, 2013
Stockholders' Equity Note [Abstract]  
Components of Equity
Components of Equity
The components of equity for the three months ended March 31, 2013 and 2012 are as follows:
 
Shareholders’
equity
 
Noncontrolling
interest
 
Total
equity
Balance at December 31, 2012
$
2,027,699

 
4,871

 
2,032,570

Exercise of stock options
10,929

 

 
10,929

Shares repurchased under provisions of stock repurchase plans
(17,681
)
 

 
(17,681
)
Stock compensation expense
11,005

 

 
11,005

Tax benefits from stock plans, net
934

 

 
934

Net earnings
80,315

 
295

 
80,610

Other comprehensive loss
(9,999
)
 
(14
)
 
(10,013
)
Purchase of noncontrolling interest
(507
)
 
(3,226
)
 
(3,733
)
Balance at March 31, 2013
$
2,102,695

 
1,926

 
2,104,621

 
 
 
 
 
 
Balance at December 31, 2011
$
2,003,638

 
6,431

 
2,010,069

Exercise of stock options
12,920

 

 
12,920

Shares repurchased under provisions of stock repurchase plans
(21,865
)
 

 
(21,865
)
Stock compensation expense
10,600

 

 
10,600

Tax benefits from stock plans, net
3,426

 

 
3,426

Net earnings
76,707

 
15

 
76,722

Other comprehensive income
10,028

 
134

 
10,162

Balance at March 31, 2012
$
2,095,454

 
6,580

 
2,102,034


Accumulated other comprehensive (loss) income consisted entirely of foreign currency translation adjustments, net of related income tax effects, for all the periods presented.
Subsequent to the end of the quarter, on May 1, 2013, the Board of Directors declared a semi-annual cash dividend of $.30 per share payable on June 17, 2013 to shareholders of record as of June 3, 2013.