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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities:      
Net income $ 194,766 $ 220,029 $ 205,604
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 156,292 142,755 145,485
Amortization 15,455 10,339 9,317
Stock based compensation 19,561 18,924 19,824
Provision for (recovery of) doubtful accounts 923 235 561
(Gain) loss on disposition of fixed assets (770) 387 (348)
Gain on remeasurement of equity securities (6,500)   (2,013)
Debt prepayment costs   4,710  
Deferred income taxes (23,352) 2,238 (11,112)
Defined benefit plan expense 19,501 17,200 16,786
Equity in results of affiliates 229 229 191
Changes in balance sheet items, excluding effects from acquisitions and foreign currency adjustments:      
Accounts receivables (66,968) (44,658) (41,721)
Inventories (25,183) (12,989) (834)
Prepaid and other current assets (9,437) (33,959) (5,968)
Accounts payable and accrued liabilities 37,155 58,245 (12,474)
Income taxes payable (3,155) (8,753) 15,056
Retirement and deferred compensation plan liabilities (22,762) (41,004) (9,380)
Other changes, net 27,873 (9,199) (3,675)
Net Cash Provided by Operations 313,628 324,729 325,299
Cash Flows from Investing Activities:      
Capital expenditures (211,252) (156,624) (128,986)
Proceeds from sale of property and equipment 4,466 2,036 1,693
Insurance proceeds 10,631 709 986
Settlement for derivative   (66,155)  
Maturity of short-term investments     29,485
Acquisition of business, net of cash acquired (527,916)   (202,985)
Acquisition of intangible assets (611)   (2,492)
Proceeds from sale of investment in unconsolidated affiliate     1,204
Investment in equity securities (10,000) (5,000)  
Notes receivable, net (779) 234 593
Net Cash Used by Investing Activities (735,461) (224,800) (300,502)
Cash Flows from Financing Activities:      
Proceeds from notes payable 49,069    
Repayments of notes payable (29,994)    
Proceeds and repayments of short term credit facility, net 81,063 (169,213) 163,148
Proceeds from long-term obligations 13,161 625,628 5,963
Repayments of long-term obligations (72,290) (165,798) (55,314)
Dividends paid (82,346) (79,944) (76,659)
Credit facility costs   (3,542)  
Debt prepayment costs   (4,710)  
Proceeds from stock option exercises 88,156 73,905 55,347
Purchase of treasury stock (3,905) (120,540)  
Common stock repurchased and retired (57,786) (40,994) (131,371)
Excess tax benefit from exercise of stock options     9,171
Net Cash Provided (Used) by Financing Activities (14,872) 114,792 (29,715)
Effect of Exchange Rate Changes on Cash (9,112) 31,632 (18,696)
Net Increase (Decrease) in Cash and Equivalents and Restricted Cash (445,817) 246,353 (23,614)
Cash and Equivalents and Restricted Cash at Beginning of Period 712,640 466,287 489,901
Cash and Equivalents and Restricted Cash at End of Period 266,823 712,640 466,287
Supplemental Cash Flow Disclosure:      
Interest paid 32,005 38,838 36,265
Income taxes paid $ 96,048 $ 77,349 $ 82,201