XML 24 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows from Operating Activities:    
Net Income $ 278,067 $ 208,415
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 150,973 127,073
Deferred income tax provision (benefit) 41,524 9,474
Gain on sales of property and equipment 106 (597)
Noncash compensation 14,546 12,414
Distributions from unconsolidated affiliates in excess of earnings 348 5,772
Excluding the effects of acquisitions, increase (decrease) in cash from:    
Accounts receivable (80,736) (97,150)
Inventory (114,736) (71,735)
Other operating assets (18,380) (13,950)
Currency translation effect on working capital (11,028) 2,957
Current liabilities 102,497 109,180
Other operating liabilities 1,743 (1,383)
Total adjustments to net income 86,857 82,055
Net Cash Provided by Operating Activities 364,924 290,470
Cash Flows from Investing Activities:    
Purchases of property and equipment (268,579) (216,548)
Business acquisitions, net of cash acquired (11,855) (9,260)
Distributions of capital from unconsolidated affiliates 3,602 0
Dispositions of property and equipment 11,470 3,806
Net Cash Used in Investing Activities (265,362) (222,002)
Cash Flows from Financing Activities:    
Net payments of revolving credit facility, including loan costs (53,804) (1,045)
Excess tax benefits from stock-based compensation 3,124 4,523
Cash dividends (67,082) (55,092)
Purchases of treasury stock 0 (19,358)
Net Cash Used in Financing Activities (117,762) (70,972)
Net Decrease in Cash and Cash Equivalents (18,200) (2,504)
Cash and Cash Equivalents-Beginning of Period 120,549 106,142
Cash and Cash Equivalents-End of Period $ 102,349 $ 103,638