XML 41 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities:      
Net earnings $ 386,243 $ 344,205 $ 240,397
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Provision for losses on accounts receivable 1,327 3,414 804
Deferred income tax (benefit) expense (4,065) 10,569 (1,609)
Excess tax benefits from stock plans (5,300) (23,863) (5,726)
Stock compensation expense 44,278 43,743 39,135
Depreciation and amortization 36,776 36,900 40,035
Loss (gain) on sale of assets 360 (321) (42)
Amortization of other intangible assets 1,156 1,413 1,520
Changes in operating assets and liabilities:      
Decrease (increase) in accounts receivable 46,915 (188,823) (1,077)
(Decrease) increase in accounts payable and accrued expenses (40,819) 130,138 29,910
(Decrease) increase in income taxes payable, net (3,237) 39,495 (12,706)
(Increase) decrease in other current assets (6,503) (1,352) 159
Net cash provided by operating activities 457,131 395,518 330,800
Investing Activities:      
Decrease in short-term investments, net 29 188 26
Purchase of property and equipment (78,115) (42,408) (34,700)
Proceeds from sale of property and equipment 193 360 276
Prepayment on long-term leases, net (936) 0 (5,049)
Other (1,510) (319) (1,901)
Net cash used in investing activities (80,339) (42,179) (41,348)
Financing Activities:      
Proceeds from issuance of common stock 56,646 99,784 46,925
Repurchases of common stock (112,071) (246,312) (84,509)
Excess tax benefits from stock plans 5,300 23,863 5,726
Dividends paid (106,011) (84,872) (80,555)
Distributions to noncontrolling interest (955) (1,051) (1,084)
Purchase of noncontrolling interest 0 0 (3,851)
Net cash used in financing activities (157,091) (208,588) (117,348)
Effect of exchange rate changes on cash and cash equivalents (9,810) 13,785 12,797
Increase in cash and cash equivalents 209,891 158,536 184,901
Cash and cash equivalents at beginning of year 1,084,465 925,929 741,028
Cash and cash equivalents at end of year 1,294,356 1,084,465 925,929
Interest and Taxes Paid:      
Interest 296 110 497
Income taxes $ 266,621 $ 171,618 $ 158,745