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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES:    
Net income $ 162,447 $ 153,665
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock compensation expense 9,124 7,943
Excess tax benefit of stock options exercised (7,080) (8,373)
Depreciation 35,120 30,088
Amortization 15,717 13,175
Deferred income taxes 8,929 13,101
Change in fair value of contingent consideration 3,953 (122)
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:    
Accounts receivable (9,606) (42,871)
Accounts payable 10,646 10,186
Accrued liabilities (6,809) (2,566)
Deferred revenues 2,332 (548)
Other assets and liabilities 13,575 2,903
Net cash provided by operating activities 238,348 176,581
INVESTING ACTIVITIES:    
Payments for acquisitions, net of cash acquired (304,832) (63,401)
(Purchases of)/ proceeds from investments (2,052) 33
Capital expenditures (43,668) (37,441)
Net cash used in investing activities (350,552) (100,809)
FINANCING ACTIVITIES:    
Repayments of long-term debt and other obligations (28,005) (32,016)
Borrowings on foreign bank debt 96,828 92,733
Repayments on foreign bank debt (85,192) (96,512)
Borrowings on senior credit facility 933,101 527,469
Repayments on senior credit facility (732,059) (544,183)
Payments on capital lease obligations (1,993) (1,825)
Payments of deferred financing costs (2,280) 0
Purchases and cancellations of treasury stock (137,186) (66,175)
Proceeds from issuance of common stock 21,195 23,667
Excess tax benefit of stock options exercised 7,080 8,373
Payments to noncontrolling interests 732 0
Net cash provided by/ (used in) financing activities 70,757 (88,469)
Effect of exchange rate changes on cash and cash equivalents (394) (528)
Net decrease in cash and cash equivalents (41,841) (13,225)
Cash and cash equivalents at beginning of period 67,167 34,659
Cash and cash equivalents at end of period 25,326 21,434
NON-CASH ACTIVITIES:    
Issuances of obligations for acquisitions $ 83,864 $ 22,906