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Condensed Statements of Consolidated Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities    
Consolidated net income $ 56,754 $ 29,473
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Loss from discontinued operations 329 381
Depreciation and amortization 26,901 26,846
Share-based compensation expense 3,523 2,779
Foreign exchange loss 161 7,400
Restructuring charges 533 985
Other non-cash items (2,071) 3,899
Changes in operating assets and liabilities, excluding the effect of business acquisitions    
Accounts receivable (24,124) (31,744)
Inventories (2,198) 48,148
Accounts payable 13,747 3,944
Other, net (8,933) 3,763
Net cash provided by operating activities 64,622 95,874
Investing activities    
Expenditures for property, plant and equipment (12,445) (10,802)
Acquisitions (4,107) (171,979)
Other, net   (350)
Net cash used for investing activities (16,552) (183,131)
Financing activities    
Payments of revolving line of credit   (105,000)
Proceeds from the revolving line of credit   245,000
Debt issuance costs   (2,596)
Proceeds from exercise of stock options 157 3,802
Payment related to surrendered shares (193) (1,209)
Other, net   93
Net cash provided by (used for) financing activities (36) 140,090
Effect of exchange rate changes on cash 3,081 (6,782)
Cash and cash equivalents    
Increase in cash and cash equivalents from continuing operations 51,115 46,051
Discontinued operations - net cash provided by operating activities   2
Balance at the beginning of the period 400,597 355,383
Balance at the end of the period $ 451,712 $ 401,436