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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income $ 83,282 $ 73,528
Adjustments to reconcile net income to cash flows provided by operating activities:    
Depreciation and amortization 25,530 22,190
Stock-based compensation expense 9,312 7,274
Other non-cash items 2,198 809
Changes in assets and liabilities, net of acquisitions of businesses:    
Accounts receivable, net (61,455) (58,777)
Inventories, net (6,804) 25,590
Prepaid expenses and other assets (9,337) (4,199)
Accounts payable, trade 22,542 21,496
Accrued expenses and other liabilities 32,476 45,440
Net cash flows provided by operating activities 97,744 133,351
Cash flows from investing activities:    
Capital expenditures (43,276) (13,309)
Acquisitions of businesses, net of cash acquired (67,876) (34,237)
Proceeds from sales of fixed assets 265 337
Other investing activities (8) (237)
Net cash flows used for investing activities (110,895) (47,446)
Cash flows from financing activities:    
Exercise of stock-based awards, net of shares tendered for payment of taxes (7,543) (1,144)
Proceeds from line of credit borrowings 0 81,458
Repayments under line of credit borrowings 0 (81,458)
Payment of dividends 24,887 14,707
Payment of contingent consideration related to acquisitions (2,569) (2,715)
Other financing activities (59) (1,084)
Net cash flows used for financing activities (35,058) (19,650)
Net (decrease) increase in cash and cash equivalents (48,209) 66,255
Cash and cash equivalents at beginning of period 86,170 12,305
Cash and cash equivalents at end of period 37,961 78,560
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 941 1,082
Cash paid during the period for income taxes, net of refunds 17,620 19,134
Purchase of property and equipment in accrued expenses $ 2,072 $ 308