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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating activities:      
Net income $ 409,126 $ 294,969 $ 254,860
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 90,311 83,430 74,975
Amortization 47,856 53,092 66,428
Share-based compensation expense 29,884 22,920 19,629
Provision for deferred income taxes (18,433) (7,250) (14,008)
Charge for excess and obsolete inventory 17,103 15,387 11,433
Loss on extinguishment of debt and modification 23,338 2,378 0
Other (2,000) 1,090 12,118
Changes in operating assets and liabilities, net of effects of acquisitions:      
Trade accounts receivable and notes receivable (86,766) (27,461) (3,164)
Inventories (168,372) (50,772) (21,354)
Accounts payable and other accrued liabilities 53,577 40,162 (22,647)
Other current assets 2,870 (11,952) 7,784
Income taxes payable, refundable income taxes and noncurrent taxes payable (3,292) 28,490 (3,494)
Other 5,252 2,191 (262)
Net cash provided by operating activities 400,454 446,674 382,298
Investing activities:      
Acquisition of property and equipment (210,626) (131,752) (112,355)
Acquisition of business, net of cash acquired (91,942) (111,912) (277,369)
Other 4,450 338 3,884
Net cash used in investing activities (298,118) (243,326) (385,840)
Financing activities:      
Proceeds from short-term borrowings 101,000 217,000 0
Payments of short-term borrowings (101,000) (217,000) 0
Proceeds from long-term debt 400,000 400,000 0
Payments of long-term debt (550,000) (251,000) (4,000)
Payments for debt issuance costs (5,069) (3,964) 0
Payments for debt extinguishment costs (19,080) 0 0
Payments for dividends (43,545) (43,245) (40,566)
Issuance of common stock from employee stock plans 24,744 8,738 7,291
Taxes paid related to net share settlement of equity awards (16,090) (24,800) (8,722)
Repurchase and retirement of common stock (67,109) (44,563) (80,321)
Deferred acquisition payment 0 (16,125) 0
Other (348) (2,892) (502)
Net cash (used in) provided by financing activities (276,497) 22,149 (126,820)
Effect of exchange rate changes on cash and cash equivalents (4,167) 3,485 211
(Decrease) increase in cash and cash equivalents (178,328) 228,982 (130,151)
Cash and cash equivalents at beginning of year 580,893 351,911 482,062
Cash and cash equivalents at end of year 402,565 580,893 351,911
Supplemental Cash Flow Information      
Contingent consideration obligation 0 0 686
Deferred acquisition payments, net 250 1,482 19,848
Equipment purchases in accounts payable 29,042 11,921 11,285
Increase in dividends payable 66 245 349
Schedule of interest and income taxes paid:      
Interest paid 46,791 42,575 41,711
Income taxes, net of refunds received $ 88,059 $ 37,228 $ 77,970