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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings $ 88,235 $ 88,852
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 78,075 72,635
Amortization 8,115 7,752
Deferred income taxes (5,828) (4,554)
Gain on sales of plant and equipment (1,731) (959)
Stock-based compensation expense 13,650 14,830
Changes in assets and liabilities, excluding effects of business acquisitions:    
Trade receivables, net (9,151) (9,104)
Inventories, net 15,064 347
Prepaid expenses and other current assets 32,548 1,163
Accounts payable, trade (18,130) (7,473)
Accrued expenses and other current liabilities 23,211 31,567
Other, net (315) 1,916
Net cash provided by operating activities 223,743 196,972
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (155,719) (108,580)
Proceeds from sales of plant and equipment 5,153 5,452
Business acquisitions and holdback settlements (26,182) (23,463)
Other, net 917 (1,113)
Net cash used in investing activities (175,831) (127,704)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in short-term debt 89,818 (335,015)
Proceeds from borrowings of long-term debt 28,939 300,528
Repayment of long-term debt (4,579) (553)
Financing costs (29) (2,133)
Purchase of treasury stock (103,839) 0
Proceeds from the exercise of stock options 6,977 11,578
Stock issued for the Employee Stock Purchase Plan 4,836 4,602
Excess tax benefit realized from the exercise of stock options 3,891 4,063
Dividends paid to stockholders (44,873) (40,914)
Change in cash overdraft (7,569) (3,673)
Net cash used in financing activities (26,428) (61,517)
Change in cash 21,484 7,751
Cash – Beginning of period 50,724 69,561
Cash – End of period $ 72,208 $ 77,312