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Consolidated Statements Of Cash Flows Unaudited - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities    
Net income $ 130,625 $ 121,922
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 29,890 30,347
Stock option expense 14,667 12,345
(Benefit)/provision for deferred income taxes (2,129) 1,051
Noncash long-term incentive compensation 2,497 3,402
Noncash directors' compensation 1,170 1,173
Amortization of debt issuance costs 153 153
Provision for bad debts   40
Litigation settlements paid previously accrued   (9,440)
Changes in operating assets and liabilities:    
Decrease in accounts receivable 887 4,722
Increase in inventories (587) (316)
Decrease in prepaid expenses 3,689 3,337
Decrease in accounts payable and other current liabilities (24,001) (10,815)
Change in current income taxes 27 (26,242)
Net change in lease assets and liabilities 705 (436)
Decrease/(increase) in other assets 2,071 (10,088)
(Decrease)/increase in other liabilities (1,491) 10,088
Other (uses)/sources (503) 796
Net cash provided by operating activities 157,670 132,039
Cash Flows from Investing Activities    
Capital expenditures (25,610) (33,604)
Proceeds from sale of fixed assets 1,757 522
Business combinations, net of cash acquired (1,650)  
Other sources (132) (220)
Net cash used by investing activities (25,635) (33,302)
Cash Flows from Financing Activities    
Payments on revolving line of credit (263,300)  
Proceeds from revolving line of credit 95,100  
Proceeds from other long-term debt 100,000  
Purchases of treasury stock (77,214) (166,649)
Proceeds from exercise of stock options 12,869 16,186
Capital stock surrendered to pay taxes on stock-based compensation (12,115) (8,598)
Dividends paid (10,722) (10,864)
Change in cash overdrafts payable 1,716  
Debt issuance costs (1,510)  
Other (uses)/sources (114) 633
Net cash used by financing activities (155,290) (169,292)
Decrease in Cash and Cash Equivalents (23,255) (70,555)
Cash and cash equivalents at beginning of year 32,895 162,675
Cash and cash equivalents at end of period $ 9,640 $ 92,120