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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating activities:    
Net income $ 222,799 $ 47,038
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 31,110 25,912
Amortization of convertible debt discount 1,173 1,083
Loss (gain) on disposition of property, plant and equipment 56 (62)
Stock compensation expense 14,348 4,286
Withholding taxes paid on stock issuances (753) (727)
(Gain) loss on the sale of businesses (194,438) 734
Changes in assets and liabilities, net of the effects of divestitures:    
Accounts receivable (17,951) (8,893)
Inventories (8,026) (852)
Prepaid expenses and other current assets 250 (1,290)
Accounts payable 7,620 (621)
Accrued liabilities 14,066 (15,830)
Deferred income taxes (10,066) 789
Long-term retirement benefits (166) (18,770)
Other 6,061 837
Net cash provided by operating activities 66,083 33,634
Investing activities:    
Proceeds from disposition of property, plant and equipment 160 222
Proceeds from (payments for) the sale of businesses, net 540,435 (318)
Capital expenditures (20,419) (15,658)
Other (1,748) (2,476)
Net cash provided (used) by investing activities 518,428 (18,230)
Financing activities:    
Net change in other borrowings 9,092 (10,535)
Payments on long-term debt (478,005) (17,770)
Proceeds from the issuance of long-term debt 65,500 67,000
Proceeds from the issuance of common stock 3,763 4,080
Common stock repurchases (61,432) (19,037)
Dividends paid (10,720) (10,842)
Excess tax benefit on stock awards 632 1,331
Other (111) (120)
Net cash (used) provided by financing activities (471,281) 14,107
Effect of exchange rate changes on cash flows (2,188) (1,038)
Increase in cash and cash equivalents 111,042 28,473
Cash and cash equivalents at beginning of period 86,356 62,505
Cash and cash equivalents at end of period $ 197,398 $ 90,978