XML 43 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 494,496us-gaap_CashAndCashEquivalentsAtCarryingValue $ 509,137us-gaap_CashAndCashEquivalentsAtCarryingValue
Receivables, less allowance for doubtful accounts of $6,401 at March 31, 2015 and $6,961 at December 31, 2014 267,206us-gaap_ReceivablesNetCurrent 256,040us-gaap_ReceivablesNetCurrent
Inventories — net 243,565us-gaap_InventoryNet 237,631us-gaap_InventoryNet
Other current assets 76,121us-gaap_OtherAssetsCurrent 72,983us-gaap_OtherAssetsCurrent
Total current assets 1,081,388us-gaap_AssetsCurrent 1,075,791us-gaap_AssetsCurrent
Property, plant and equipment — net 216,336us-gaap_PropertyPlantAndEquipmentNet 219,543us-gaap_PropertyPlantAndEquipmentNet
Goodwill 1,293,768us-gaap_Goodwill 1,321,277us-gaap_Goodwill
Intangible assets — net 257,459us-gaap_IntangibleAssetsNetExcludingGoodwill 271,164us-gaap_IntangibleAssetsNetExcludingGoodwill
Other noncurrent assets 20,203us-gaap_OtherAssetsNoncurrent 20,295us-gaap_OtherAssetsNoncurrent
Total assets 2,869,154us-gaap_Assets 2,908,070us-gaap_Assets
Current liabilities    
Trade accounts payable 131,018us-gaap_AccountsPayableTradeCurrent 127,462us-gaap_AccountsPayableTradeCurrent
Accrued expenses 140,669us-gaap_AccruedLiabilitiesCurrent 163,409us-gaap_AccruedLiabilitiesCurrent
Notes payable and current portion of long-term borrowings 88,350us-gaap_DebtCurrent 98,946us-gaap_DebtCurrent
Dividends payable 0us-gaap_DividendsPayableCurrent 22,151us-gaap_DividendsPayableCurrent
Total current liabilities 360,037us-gaap_LiabilitiesCurrent 411,968us-gaap_LiabilitiesCurrent
Long-term borrowings 819,863us-gaap_LongTermDebtNoncurrent 765,006us-gaap_LongTermDebtNoncurrent
Deferred income taxes 130,967us-gaap_DeferredTaxLiabilitiesNoncurrent 130,368us-gaap_DeferredTaxLiabilitiesNoncurrent
Other noncurrent liabilities 107,295us-gaap_OtherLiabilitiesNoncurrent 114,277us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 1,418,162us-gaap_Liabilities 1,421,619us-gaap_Liabilities
Commitments and contingencies      
Preferred stock:    
Authorized: 5,000,000 shares, $.01 per share par value; Issued: None 0us-gaap_PreferredStockValue 0us-gaap_PreferredStockValue
Common stock:    
Authorized: 150,000,000 shares, $.01 per share par value Issued: 90,136,827 shares at March 31, 2015 and 89,761,305 shares at December 31, 2014 901us-gaap_CommonStockValue 898us-gaap_CommonStockValue
Additional paid-in capital 666,103us-gaap_AdditionalPaidInCapitalCommonStock 647,553us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 1,549,775us-gaap_RetainedEarningsAccumulatedDeficit 1,483,821us-gaap_RetainedEarningsAccumulatedDeficit
Treasury stock at cost: 11,864,771 shares at March 31, 2015 and 10,995,361 shares at December 31, 2014 (618,782)us-gaap_TreasuryStockValue (553,543)us-gaap_TreasuryStockValue
Accumulated other comprehensive income (loss) (147,005)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (92,278)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders’ equity 1,450,992us-gaap_StockholdersEquity 1,486,451us-gaap_StockholdersEquity
Total liabilities and shareholders’ equity $ 2,869,154us-gaap_LiabilitiesAndStockholdersEquity $ 2,908,070us-gaap_LiabilitiesAndStockholdersEquity