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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
12 Months Ended
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Statement of Cash Flows [Abstract]      
Cash and Cash Equivalents $ 284,592 $ 512,144  
CASH PROVIDED BY OPERATING ACTIVITIES:      
Net earnings 171,597 282,425 $ 107,223
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 103,132 66,462 71,010
Stock-based compensation 36,689 34,170 31,018
Asset Impairment Charges 13,666 3,349 0
Loss on assets held for sale 0 0 23,588
Deferred income taxes 44,934 14,604 25,968
Other, net 4,123 (3,832) (31,256)
Increase (decrease) in cash, net of acquisitions, resulting from changes in:      
Accounts receivable 19,372 29,057 (7,758)
Inventories (24,360) 17,425 (32,961)
Prepaid expenses and other current assets (1,744) (3,427) 1,217
Other assets (1,099) (2,663) (12,027)
Accounts payable 51,752 (22,449) 21,558
Deferred revenue (6,187) 8,081 (9,220)
Accrued payroll and other liabilities (8,339) 6,599 17,076
Accrued income taxes (24,723) (74,888) 84,352
Other long-term liabilities (10,639) 13,918 (5,590)
Net cash provided by operating activities 370,372 374,157 308,252
CASH FLOWS FROM INVESTING ACTIVITIES:      
Additions to property and equipment, net (44,794) (30,773) (42,109)
Business acquisitions, net of cash acquired (601,927) (26,764) 0
Proceeds from sale of assets 6,365 3,017 3,686
Proceeds from Divestiture of Businesses 0 25,920 0
Payments for (Proceeds from) Other Investing Activities (11,030) (15,500) 0
Net cash used by investing activities (651,386) (44,100) (38,423)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net proceeds from credit facility and long-term debt, including current portion 723,054 0 0
Repayment of credit facility and long-term debt (468,224) 0 (97,500)
Repurchase of common stock (124,998) (243,706) 0
Repurchase of common stock 124,998 243,706  
Dividends paid 91,694 88,123 82,605
Proceeds from shares issued pursuant to stock-based compensation plans 28,418 29,124 58,241
Tax paid for net share exercises and issuance of vested restricted stock units 11,993 16,228 10,731
Other financing activities (523) (11) (17)
Net cash provided (used) by financing activities 54,040 (318,944) (132,612)
Effect of exchange rate changes on cash and cash equivalents (578) (18,059) 20,524
Net (decrease) increase in cash and cash equivalents (227,552) (6,946) 157,741
Cash and cash equivalents, beginning of year 512,144 519,090 361,349
Cash and cash equivalents, end of year $ 284,592 $ 512,144 $ 519,090