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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net income $ 128,372 $ 115,420
Adjustments to reconcile net income to cash flows provided by operating activities:    
Depreciation and amortization 49,739 39,856
Stock-based compensation expense 13,852 15,042
Other non-cash items (959) 3,655
Changes in assets and liabilities, net of acquisitions of businesses:    
Accounts receivable, net (51,733) (69,720)
Inventories, net (16,475) (33,780)
Prepaid expenses and other assets (9,506) (18,662)
Accounts payable, trade (12,930) 29,856
Accrued expenses and other liabilities 7,232 26,147
Net cash flows provided by operating activities 107,592 107,814
Cash flows from investing activities:    
Capital expenditures (92,522) (60,342)
Acquisitions of businesses, net of cash acquired (156,701) (67,876)
Proceeds from note receivable 2,000 0
Other investing activities (875) 243
Net cash flows used in investing activities (248,098) (127,975)
Cash flows from financing activities:    
Exercise of stock-based awards, net of shares tendered for payment of taxes (14,114) (7,313)
Proceeds from line of credit borrowings 928,601 9,715
Repayments under line of credit borrowings (738,601) (9,715)
Proceeds from other borrowings 4,509 0
Payment of dividends 44,114 37,346
Payment of contingent consideration related to acquisitions (3,018) (1,529)
Other financing activities (556) (59)
Net cash flows provided by (used in) financing activities 132,707 (46,247)
Net decrease in cash and cash equivalents (7,799) (66,408)
Cash and cash equivalents at beginning of period 26,049 86,170
Cash and cash equivalents at end of period 18,250 19,762
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 4,244 1,291
Cash paid during the period for income taxes, net of refunds 33,844 48,181
Purchase of property and equipment in accrued expenses $ 467 $ 1,205