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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH PROVIDED BY OPERATING ACTIVITIES:    
Net earnings $ 127,509 $ 148,280
Income items not affecting cash:    
Depreciation and amortization 44,278 44,978
Deferred income taxes 971 (38)
Stock-based compensation arrangements 24,006 20,673
Gain on sale of certain optics assets (4,129) 0
Other non-cash items 3,241 1,485
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (17,422) 52,856
(Increase) decrease in inventories (7,196) 6,481
Decrease (increase) in prepaid expenses and other current assets 10,248 (2,142)
Increase in other assets (26,609) (4,911)
Increase (decrease) in accounts payable 6,362 (374)
(Decrease) increase in deferred revenue (2,194) 808
Increase (decrease) in accrued payroll and other current liabilities 5,795 (9,865)
Decrease in accrued income taxes (2,571) (12,347)
Increase in other long-term liabilities 1,111 3,907
Cash provided by operating activities 163,400 249,791
CASH USED BY INVESTING ACTIVITIES:    
Additions to property and equipment, net (40,928) (36,997)
Business acquisitions, net of cash acquired 0 20,073
Proceeds from sale of certain optics assets (12,000) 0
Cash used by investing activities (28,928) (57,070)
CASH USED BY FINANCING ACTIVITIES:    
Proceeds from long-term debt, including current portion 0 150,000
Repayments of long term debt, net (11,250) (7,500)
Repurchase of common stock (76,624) (133,049)
Dividends paid (42,410) (38,695)
Proceeds from shares issued pursuant to stock-based compensation plans 34,168 5,953
Excess tax benefit of stock options exercised 7,705 928
Other financing activities (36) (1,273)
Cash used by financing activities (88,447) (23,636)
Effect of exchange rate changes on cash (23,128) 1,375
Net increase in cash and cash equivalents 22,897 170,460
Cash and cash equivalents, beginning of period 542,476 321,739
Cash and cash equivalents, end of period $ 565,373 $ 492,199