XML 70 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash Flows From Operating Activities:      
Net income $ 94,949 $ 144,311 $ 137,767
Adjustments to reconcile net income to net cash provided by operating activities, net of effects of businesses acquired:      
Depreciation and amortization 70,456 57,511 48,575
Amortization of acquisition-related intangible assets 96,921 85,268 71,819
Non-cash acquisition and restructuring related costs 43,029 0 10,030
Share-based compensation:      
Share-based compensation expense 19,539 13,592 9,747
Excess tax benefits from share-based compensation (4,153) (1,976) (5,942)
Deferred income taxes (31,861) (19,942) (10,609)
Gain on sale of investments 0 0 (11,501)
Other (1,184) (12,113) 1,907
Net changes in operating assets and liabilities:      
Accounts receivable (28,203) (6,884) (25,213)
Inventories (15,945) 2,348 (21,534)
Prepaid expenses and other (10,082) 6,431 (9,364)
Other assets (4,183) (2,965) (8,213)
Accounts payable 7,261 3,482 (9,076)
Accrued and other liabilities 19,577 (26,983) 23,859
Income taxes (6,244) 13,639 12,473
Other (5,098) (4,967) 2,270
Net cash provided by operating activities 244,779 250,752 216,995
Cash flows from investing activities:      
Purchases of property, plant and equipment (86,805) (79,666) (52,179)
Proceeds from sale of equipment 2,020 3,474 869
Purchases of intangible assets (34,583) (44,243) (17,178)
Proceeds from sale / cash paid for investments (19,284) 7,985 1,476
Purchases of short-term investments (186,817) (110,076) (40,000)
Sales of short-term investments 242,630 44,000 0
Cash paid for acquisitions, net of cash acquired (457,483) (36,985) (234,732)
Net cash used in investing activities (540,322) (215,511) (341,744)
Cash flows from financing activities:      
Proceeds from short term debt 142,329 0 0
Proceeds from debt 44,000 3,016 0
Repayment of debt (469,857) (50,000) (25,000)
Principal payments on capital leases (3,703) (3,262) (2,991)
Proceeds from subscription receivables 1,011 987 965
Excess tax benefits from share based compensation 4,153 1,976 5,942
Issuance of common shares 8,778 11,241 650,492
Acquisition of noncontrolling interest (29,783) 0 0
Other financing activities (7,558) 814 (210)
Net cash (used in) provided by financing activities (310,630) (35,228) 629,198
Effect of exchange rate changes on cash and cash equivalents (1,101) 2,837 (12,205)
Net (decrease) increase in cash and cash equivalents (607,274) 2,850 492,244
Cash and cash equivalents, beginning of year 828,407 825,557 333,313
Cash and cash equivalents, end of year 221,133 828,407 825,557
Supplemental cash flow disclosures:      
Cash paid for interest 20,760 25,557 27,662
Cash paid for income taxes 41,494 33,781 36,003
Supplemental disclosure of non-cash investing and financing activities:      
Equipment purchased through capital lease 545 1,185 376
Intangible assets acquired in non-monetary exchange $ 0 $ 30,341 $ 0