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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net earnings $ 151,416 $ 155,773
Adjustments to reconcile net earnings to cash flows from operating activities:    
Depreciation and amortization of property, plant and equipment 9,702 9,880
Amortization of intangible assets 49,549 38,428
Amortization of deferred financing costs 1,359 1,001
Non-cash stock compensation 18,979 13,801
Changes in operating assets and liabilities, net of acquired businesses:    
Accounts receivable (16,355) 20,304
Unbilled receivables 2,296 (11,042)
Inventories (3,907) (7,680)
Accounts payable and accrued liabilities (19,731) 8,705
Income taxes payable 20,127 38,837
Other, net (6,363) (7,608)
Cash provided by operating activities 207,072 260,399
Cash flows from investing activities:    
Acquisitions of businesses, net of cash acquired (265,248) (589,577)
Capital expenditures (9,489) (9,950)
Proceeds from sale of assets 673 140
Other, net 108 (3,736)
Cash used in investing activities (273,956) (603,123)
Cash flows from financing activities:    
Proceeds from (Repayments of) revolving line of credit, net (160,000) 415,000
Principal payments on senior notes 0 0
Principal payments on convertible notes (289) (3,454)
Cash premiums paid on convertible note conversions (915) (11,236)
Debt issuance costs (63) 0
Cash dividends to stockholders (30,173) (25,024)
Proceeds from stock based compensation, net 690 6,267
Stock award tax excess windfall benefit 0 4,093
Treasury stock sales 879 787
Other (311) (289)
Cash provided by/(used in) financing activities (190,182) 386,144
Effect of foreign currency exchange rate changes on cash 1,588 (38,357)
Net increase/(decrease) in cash and cash equivalents (255,478) 5,063
Cash and cash equivalents, beginning of period 778,511 610,430
Cash and cash equivalents, end of period $ 523,033 $ 615,493