XML 65 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Feb. 29, 2012
Feb. 28, 2011
Cash Flows From Operating Activities:    
Net income $ 145,183 $ 129,690
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 38,800 39,482
Amortization 15,903 15,049
Deferred income taxes (3,025) 5,831
Stock-based compensation expense 9,873 8,769
Other (6,127) (308)
Changes in assets and liabilities, net of effect from purchases and sales of businesses:    
Decrease in receivables 128,391 98,554
(Increase) in inventory (25,399) (81,387)
(Increase) in prepaid expenses and other current and long-term assets (1,115) (15,564)
(Decrease) in accounts payable (87,199) (38,356)
(Decrease) in accrued compensation and benefits (28,222) (9,509)
(Decrease) in accrued loss reserves (5,896) (958)
(Decrease) increase in other accrued liabilities (40,013) 25,284
Other 12,300 14,407
Cash From Operating Activities 153,454 190,984
Cash Flows From Investing Activities:    
Capital expenditures (34,438) (21,737)
Acquisition of businesses, net of cash acquired (151,180) (38,972)
Purchase of marketable securities (58,853) (71,556)
Proceeds from sales of marketable securities 43,894 63,369
Other (1,751) 2,347
Cash (Used For) Investing Activities (202,328) (66,549)
Cash Flows From Financing Activities:    
Additions to long-term and short-term debt 22,148 37,831
Reductions of long-term and short-term debt (39,484) (30,739)
Cash dividends (83,871) (81,189)
Repurchase of stock (6,574) (21,759)
Exercise of stock options 6,151 8,053
Cash (Used For) Financing Activities (101,630) (87,803)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (12,329) 23,492
Net Change in Cash and Cash Equivalents (162,833) 60,124
Cash and Cash Equivalents at Beginning of Period 435,011 215,355
Cash and Cash Equivalents at End of Period $ 272,178 $ 275,479