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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities    
Net income $ 187,660 $ 156,649
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 26,413 27,204
Amortization of intangible assets 33,282 30,734
Amortization of debt issuance expenses 1,275 1,109
Share-based compensation expense 13,464 11,162
Deferred income taxes 1,184 4,621
Excess tax benefit from share based compensation (6,897) (3,295)
Non-cash interest expense associated with forward starting swaps 5,587 5,743
Changes in:    
Receivables 2,954 (8,199)
Inventories 2,644 9,187
Other current assets 7,381 (7,216)
Trade accounts payable 13,209 (2,797)
Accrued expenses 11,062 15,929
Other — net 692 (333)
Net cash flows provided by operating activities 299,910 240,498
Cash flows from investing activities    
Cash purchases of property, plant and equipment (23,140) (28,108)
Acquisition of businesses, net of cash acquired (36,849) (69,021)
Other — net (217) (365)
Net cash flows used in investing activities (60,206) (97,494)
Cash flows from financing activities    
Borrowings under revolving facilities for acquisitions 34,648 35,000
Borrowings under revolving facilities 28,426 69,503
Payments under revolving facilities (67,009) (130,395)
Dividends paid (53,957) (47,552)
Proceeds from stock option exercises 29,838 35,015
Excess tax benefit from stock-based compensation 6,897 3,295
Purchase of common stock (137,272) (75,174)
Unvested shares surrendered for tax withholding (1,781) (2,326)
Other (3,181) (1,240)
Net cash flows used in financing activities (163,391) (113,874)
Effect of exchange rate changes on cash and cash equivalents 4,628 1,114
Net increase in cash 80,941 30,244
Cash and cash equivalents at beginning of year 318,864 230,259
Cash and cash equivalents at end of period 399,805 260,503
Cash paid for:    
Interest 17,431 22,610
Income taxes 48,161 62,053
Significant non-cash activities:    
Contingent consideration for acquisition 0 8,370
Debt acquired with acquisition of business $ 0 $ 4,680