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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operations    
Net Income $ 37,639 $ 40,457
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 21,122 19,354
Deferred income taxes (3,205) (1,855)
Net gains on disposal of property (4,355) (229)
Net income attributable to noncontrolling interests (91) (92)
Changes in assets and liabilities:    
Trade receivables (23,004) (44,990)
Merchandise inventory (55,818) (15,390)
Other current assets 17,928 (6,211)
Other non-current assets 2,806 3,089
Trade accounts payable 30,155 102,969
Accrued payroll and benefit costs (64,013) (35,690)
Other current liabilities (3,771) 1,137
Other non-current liabilities 2,920 (6,918)
Total adjustments to net income (79,326) 15,174
Net cash (used) provided by operations (41,687) 55,631
Cash Flows from Investing Activities    
Proceeds from disposal of property 9,115 304
Capital expenditures for property (50,767) (18,900)
Acquisition of business, net of cash acquired (18,302) 0
Net cash used by investing activities (59,954) (18,596)
Cash Flows from Financing Activities    
Net increase (decrease) in short-term borrowings 117,846 (9,992)
Repayment of long-term debt (1,820) 0
Principal payments under capital leases (2,940) (1,600)
Sale of common stock 11,022 10,071
Purchases of common stock (7,974) (10,306)
Purchases of noncontrolling interests’ common stock (97) (286)
Dividends paid (9,616) (9,548)
Net cash provided (used) by financing activities 106,421 (21,661)
Net Increase in Cash 4,780 15,374
Cash, Beginning of Year 33,758 34,665
Cash, End of Period 38,538 50,039
Non-cash Investing and Financing Activities    
Acquisitions of equipment under capital leases 5,292 2,034
Acquisition of software and maintenance under financing arrangement $ 0 $ 7,309