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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Operating activities:      
Net income $ 294,969 $ 254,860 $ 240,755
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 83,430 74,975 65,116
Amortization 53,092 66,428 62,152
Share-based compensation expense 22,920 19,629 17,112
Provision for deferred income taxes (7,250) (14,008) (11,876)
Charge for excess and obsolete inventory 15,387 11,433 4,496
Amortization of debt issuance costs 2,191 2,330 1,834
Loss on extinguishment of debt 2,378 0 2,429
Other (1,101) 9,788 9,948
Changes in operating assets and liabilities, net of effects of acquisitions:      
Trade accounts receivable and notes receivable (27,461) (3,164) (17,473)
Inventories (50,772) (21,354) (38,100)
Accounts payable and other accrued liabilities 40,162 (22,647) 19,950
Other current assets (11,952) 7,784 (13,677)
Income taxes payable, refundable income taxes and noncurrent taxes payable 28,490 (3,494) (30,381)
Other 2,191 (262) 291
Net cash provided by operating activities 446,674 382,298 312,576
Investing activities:      
Acquisition of property and equipment (131,752) (112,355) (110,153)
Acquisition of business, net of cash acquired (111,912) (277,369) (380,694)
Other 338 3,884 4,903
Net cash used in investing activities (243,326) (385,840) (485,944)
Financing activities:      
Proceeds from short-term borrowings 217,000 0 0
Payments of short-term borrowings (217,000) 0 0
Proceeds from long-term debt 400,000 0 402,000
Payments of long-term debt (251,000) (4,000) (135,850)
Payments for debt issuance costs (3,964) 0 (7,400)
Payments for dividends (43,245) (40,566) (39,591)
Issuance of common stock from employee stock plans 8,738 7,291 5,577
Taxes paid related to net share settlement of equity awards (24,800) (8,722) (14,686)
Repurchase and retirement of common stock (44,563) (80,321) (173,781)
Deferred acquisition payment (16,125) 0 0
Other (2,892) (502) (1,858)
Net cash provided by (used in) financing activities 22,149 (126,820) 34,411
Effect of exchange rate changes on cash and cash equivalents 3,485 211 (4,389)
Increase (decrease) in cash and cash equivalents 228,982 (130,151) (143,346)
Cash and cash equivalents at beginning of year 351,911 482,062 625,408
Cash and cash equivalents at end of year 580,893 351,911 482,062
Supplemental Cash Flow Information      
Contingent consideration obligation 0 686 0
Deferred acquisition payments, net 1,482 19,848 0
Equipment purchases in accounts payable 11,921 11,285 17,624
Repurchase and retirement of common stock to be settled 0 0 5,534
Changes in dividends payable 245 349 131
Schedule of interest and income taxes paid:      
Interest paid 42,575 41,711 26,248
Income taxes, net of refunds received $ 37,228 $ 77,970 $ 54,415