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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net earnings $ 349,407 $ 321,820
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation of property and equipment 47,212 39,153
Gain on sale of property and equipment (568) (266)
Bad debt expense 7,087 7,240
Deferred income taxes 519 4,817
Stock based compensation 4,050 3,450
Excess tax benefits from stock based compensation (2,682) (8,957)
Amortization of non-compete agreements 290 445
Changes in operating assets and liabilities:    
Trade accounts receivable (88,580) (79,679)
Inventories (40,602) (29,676)
Other current assets (23,386) (10,301)
Accounts payable 27,112 11,103
Accrued expenses 26,292 11,217
Income taxes 12,044 14,835
Other (2,922) 3,895
Net cash provided by operating activities 315,273 289,096
Cash flows from investing activities:    
Purchase of property and equipment (145,559) (88,323)
Proceeds from sale of property and equipment 4,291 1,102
Net increase in marketable securities (87) (63)
Increase in other assets (79) (122)
Net cash used in investing activities (141,434) (87,406)
Cash flows from financing activities:    
Borrowings under line of credit 100,000 0
Payments against line of credit (100,000) 0
Proceeds from exercise of stock options 9,039 23,785
Excess tax benefits from stock based compensation 2,682 8,957
Purchase of common stock (9,080) 0
Payment of dividends (163,219) (156,810)
Net cash used in financing activities (160,578) (124,068)
Effect of exchange rate changes on cash (682) 305
Net increase in cash and cash equivalents 12,579 77,927
Cash and cash equivalents at beginning of period 79,611 117,676
Cash and cash equivalents at end of period 92,190 195,603
Supplemental disclosure of cash flow information:    
Cash paid during each period for interest 61 0
Cash paid during each period for income taxes $ 192,408 $ 184,166