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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net earnings $ 192,914 $ 147,141
Adjustments to reconcile net earnings to net cash provided by operating activities    
Depreciation and amortization 77,146 74,815
Gain (Loss) on Disposition of Business (2,149)  
Gain on fixed asset disposals (531) (225)
Deferred income taxes 4,942 (1,321)
Share-based compensation 11,846 9,173
Change in operating assets and liabilities, net of businesses acquired and divested:    
Accounts receivable, net (79,372) (38,204)
Inventories, net (50,463) (892)
Progress payments 764 325
Accounts payable and accrued expenses (32,389) (42,662)
Deferred revenue 11,643 16,772
Income taxes payable (7,620) (11,358)
Net pension and postretirement liabilities (46,320) 4,115
Other current and long-term assets and liabilities 18,564 5,639
Net cash provided by operating activities 98,975 162,307
Cash flows from investing activities:    
Proceeds from sales and disposals of long lived assets 5,495 1,790
Proceeds from Divestiture of Businesses (268)  
Payments to Acquire Intangible Assets (1,500)  
Additions to property, plant, and equipment (30,287) (34,874)
Acquisition of businesses, net of cash acquired (210,167) (232,630)
Payments for (Proceeds from) Previous Acquisition (460)  
Net cash used for investing activities (237,187) (259,552)
Cash flows from financing activities:    
Borrowings under revolving credit facility 370,595 4,884
Payment of revolving credit facility (369,721) (5,144)
Repurchases of common stock (78,898) (38,939)
Proceeds from share-based compensation 11,135 11,854
Dividends paid (13,223) (11,497)
Proceeds from (Payments for) Other Financing Activities (557) (512)
Net cash used for financing activities (80,669) (39,354)
Effect of exchange-rate changes on cash (10,322) 14,942
Net decrease in cash and cash equivalents (229,203) (121,657)
Cash and cash equivalents at beginning of period 475,120 553,848
Cash and cash equivalents at end of period 245,917 432,191
Supplemental disclosure of non-cash activities:    
Capital expenditures incurred but not yet paid $ 684 $ 756