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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CASH PROVIDED BY OPERATING ACTIVITIES:      
Net earnings $ 107,223 $ 166,626 $ 241,686
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 71,010 57,513 49,534
Deferred income taxes 25,968 5,613 2,863
Stock-based compensation arrangements 31,018 27,797 25,748
Gain on sale of assets, net 0 0 (19,166)
Impairment of Long-Lived Assets to be Disposed of 23,588 0 0
Other, net (31,256) 11,992 7,722
Increase (decrease) in cash, net of acquisitions, resulting from changes in:      
Accounts receivable (7,758) (10,704) 28,258
Inventories (32,961) 51,170 (74,816)
Prepaid expenses 1,217 (7,706) 1,858
Other assets (12,027) 10,750 4,333
Accounts payable 21,558 (33,465) 38,660
Deferred revenue (9,220) 2,928 3,503
Accrued payroll and other liabilities 17,076 (10,147) (10,704)
Accrued income taxes 84,352 66,302 (1,076)
Pension and other long-term liabilities (5,590) 2,582 3,688
Net cash provided by operating activities 308,252 319,751 293,425
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to property and equipment (42,109) (35,940) (68,234)
Business acquisitions, net of cash acquired 0 (419,203) (92,260)
Proceeds from sale of assets 3,686 7,331 25,649
Net cash used by investing activities (38,423) (447,812) (134,845)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net proceeds of long-term debt, including current portion 0 524,560 0
Repayment of long-term debt (97,500) (367,435) (15,000)
Repurchase of common stock 0 (66,057) (123,193)
Dividends paid (82,605) (65,920) (61,399)
Proceeds from shares issued pursuant to stock-based compensation plans 58,241 11,966 22,499
Tax paid for net share exercises and issuance of vested restricted stock units (10,731) (5,991) (7,032)
Other financing activities (17) 13 (24)
Net cash (used) provided by financing activities (132,612) 31,136 (184,149)
Effect of exchange rate changes on cash 20,524 (14,511) (33,020)
Net increase (decrease) in cash and cash equivalents 157,741 (111,436) (58,589)
Cash and cash equivalents, beginning of year 361,349 472,785 531,374
Cash and cash equivalents, end of year $ 519,090 $ 361,349 $ 472,785