XML 53 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 28, 2013
Dec. 29, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 398,354 $ 397,232 $ 306,627
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 263,538 222,580 212,556
Share-based compensation expense 46,295 36,113 27,919
Provision for deferred income taxes (22,647) 8,342 (22,113)
Changes in assets and liabilities (net of businesses acquired):      
Receivables, net (9,599) (83,705) (128,979)
Inventory (8,111) (279) (12,329)
Prepaid expenses and other (36,038) (2,224) 9,974
Accounts payable 4,130 35,265 17,504
Accrued income taxes 14,694 (22,784) 26,053
Deferred revenue 18,053 33,277 33,792
Other accrued liabilities 27,196 84,497 75,290
Net cash provided by operating activities 695,865 708,314 546,294
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital purchases (352,877) (183,429) (104,795)
Capitalized software development costs (174,649) (100,189) (82,942)
Purchases of investments (1,106,819) (1,286,997) (1,083,274)
Sales and maturities of investments 1,070,598 932,394 791,881
Purchase of other intangibles (56,805) (22,870) (20,620)
Acquisition of businesses, net of cash acquired (67,877) (40,540) (65,341)
Net cash used in investing activities (688,429) (701,631) (565,091)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Repayment of long-term debt and capital lease obligations (24,700) (17,083) (25,701)
Proceeds from excess tax benefits from share-based compensation 39,927 48,370 36,433
Proceeds from exercise of options 31,403 38,147 38,900
Treasury stock purchases (170,042) 0 0
Contingent consideration payments for acquisition of businesses (800) (3,400) (779)
Other 4,823 0 0
Net cash provided by (used in) financing activities (119,389) 66,034 48,853
Effect of exchange rate changes on cash and cash equivalents (2,790) 1,257 (1,421)
Net increase (decrease) in cash and cash equivalents (114,743) 73,974 28,635
Cash and cash equivalents at beginning of period 317,120 243,146 214,511
Cash and cash equivalents at end of period 202,377 317,120 243,146
Cash paid during the year for:      
Interest 6,973 6,448 5,786
Income taxes, net of refund 175,377 158,871 115,867
Summary of acquisition transactions:      
Fair value of net tangible assets (liabilities) acquired (assumed) 2,550 (6,375) (8,464)
Fair value of intangible assets acquired 25,489 18,559 32,264
Fair value of goodwill 59,570 35,281 50,751
Less: Fair value of contingent liability payable (18,982) (1,916) (5,235)
Less: Fair value of working capital settlement payable 0 0 (939)
Cash paid for acquisitions 68,627 45,549 68,377
Cash acquired (750) (5,009) (3,036)
Net cash used $ 67,877 $ 40,540 $ 65,341