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CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net earnings $ 120,691 $ 180,607
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Stock-based compensation expense 41,563 42,295
Depreciation 10,552 10,497
Amortization of intangibles 12,117 12,693
Deferred income taxes 11,711 (14,828)
Other adjustments, net 2,237 993
Changes in assets and liabilities    
Accounts receivable (65,728) 6,144
Other assets (1,282) 27,074
Accounts payable and other liabilities (34,427) (24,868)
Income taxes payable and receivable 19,788 (9,957)
Deferred revenue 3,165 1,867
Net cash provided by operating activities 120,387 232,517
Cash flows from investing activities:    
Capital expenditures (19,843) (17,657)
Other, net 53 2,997
Net cash used in investing activities (19,790) (14,660)
Cash flows from financing activities:    
Payments to settle exchangeable notes 0 (47,677)
Proceeds from the settlement of exchangeable note hedges 0 32,058
Proceeds from issuance of common stock pursuant to stock-based awards 11,198 6,304
Withholding taxes paid on behalf of employees on net settled stock-based awards (2,051) (96,969)
Purchase of treasury stock (112,502) 0
Purchase of noncontrolling interests (1,577) (10,329)
Net cash used in financing activities (104,932) (116,613)
Total cash (used) provided (4,335) 101,244
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 1,820 (4,197)
Net (decrease) increase in cash, cash equivalents, and restricted cash (2,515) 97,047
Cash, cash equivalents, and restricted cash at beginning of period 572,516 815,512
Cash, cash equivalents, and restricted cash at end of period $ 570,001 $ 912,559