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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net earnings $ 126,227 $ 127,606
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation of property and equipment 23,286 19,412
Loss (gain) on sale of property and equipment 106 (108)
Bad debt expense 2,070 2,883
Deferred income taxes 1,785 416
Stock-based compensation 1,000 1,620
Excess tax benefits from stock-based compensation (5,092) (451)
Amortization of non-compete agreements 132 132
Changes in operating assets and liabilities:    
Trade accounts receivable (64,372) (66,065)
Inventories (47,112) (5,151)
Other current assets 13,472 18,140
Accounts payable 32,523 28,325
Accrued expenses (5,792) (5,059)
Income taxes 83,866 59,195
Other (737) (790)
Net cash provided by operating activities 161,362 180,105
Cash flows from investing activities:    
Purchases of property and equipment (29,681) (43,922)
Proceeds from sale of property and equipment 949 1,663
Other (200) (23)
Net cash used in investing activities (28,932) (42,282)
Cash flows from financing activities:    
Borrowings under credit facility 180,000 175,000
Payments against credit facility (175,000) (140,000)
Proceeds from exercise of stock options 20,514 2,080
Excess tax benefits from stock-based compensation 5,092 451
Purchases of common stock (59,440) (81,865)
Payments of dividends (86,522) (82,846)
Net cash used in financing activities (115,356) (127,180)
Effect of exchange rate changes on cash and cash equivalents 4,459 (4,349)
Net increase in cash and cash equivalents 21,533 6,294
Cash and cash equivalents at beginning of period 129,019 114,496
Cash and cash equivalents at end of period 150,552 120,790
Supplemental disclosure of cash flow information:    
Cash paid for interest 1,389 358
Net cash (received) paid for income taxes $ (12,197) $ 16,292