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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income $ 103,372 $ 58,205
Adjustments to reconcile net income to cash flows provided by operating activities:    
Depreciation and amortization 33,720 30,663
Stock-based compensation expense 11,421 10,984
Deferred taxes 183 0
Other non-cash items 1,728 854
Changes in assets and liabilities, net of acquisitions of businesses:    
Accounts receivable, net (46,028) (40,761)
Inventories, net 13,451 (39,289)
Prepaid expenses and other assets (7,659) 1,976
Accounts payable, trade 23,827 1,612
Accrued expenses and other liabilities 30,093 20,507
Net cash flows provided by operating activities 164,108 44,751
Cash flows from investing activities:    
Capital expenditures (21,927) (21,808)
Acquisitions of businesses, net of cash acquired (34,237) (41,058)
Proceeds from sales of fixed assets 533 2,141
Other investing activities (316) (272)
Net cash flows used for investing activities (55,947) (60,997)
Cash flows from financing activities:    
Exercise of stock-based awards, net of shares tendered for payment of taxes 409 (275)
Proceeds from line of credit borrowings 81,458 563,325
Repayments under line of credit borrowings (81,458) (537,146)
Proceeds from shelf-loan borrowing 0 50,000
Payment of dividends (22,078) (48,227)
Payment of contingent consideration related to acquisitions (2,719) (3,963)
Other financing activities (1,018) (220)
Net cash flows (used for) provided by financing activities (25,406) 23,494
Net increase in cash and cash equivalents 82,755 7,248
Cash and cash equivalents at beginning of period 12,305 4
Cash and cash equivalents at end of period 95,060 7,252
Cash paid during the period for:    
Interest 1,525 1,477
Income taxes, net of refunds $ 51,524 $ 21,963