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Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities from continuing operations:    
Net earnings $ 55,794 $ 52,789
Less: Loss from discontinued operations, net of tax (391) (537)
Earnings from continuing operations 56,185 53,326
Depreciation expense 287,170 266,278
Gains on used vehicles, net 19,129 27,208
Share-based compensation expense 4,888 5,665
Amortization expense and other non-cash charges, net 13,058 13,317
Deferred income tax expense 29,319 26,646
Changes in operating assets and liabilities:    
Receivables 3,709 10,775
Inventories (1,558) 2,563
Prepaid expenses and other assets (21,234) (17,093)
Accounts payable 49,206 (28,847)
Accrued expenses and other non-current liabilities (36,605) (21,577)
Net cash provided by operating activities from continuing operations 365,009 283,845
Cash flows from financing activities:    
Net change in commercial paper borrowings and revolving credit facilities 98,580 204,750
Debt proceeds 298,254 455,111
Debt repaid (312,400) (463,536)
Dividends on common stock (22,482) (20,084)
Common stock issued 1,492 11,846
Common stock repurchased 0 (6,141)
Excess tax benefits from share-based compensation and other items 994 620
Debt issuance costs (933) (3,696)
Net cash provided by financing activities 63,505 178,870
Cash flows from investing activities:    
Purchases of property and revenue earning equipment (575,031) (553,242)
Sales of revenue earning equipment 119,188 96,821
Sales of operating property and equipment 1,410 273
Collections on direct finance leases and other items 25,610 16,243
Changes in restricted cash (221) (912)
Net cash used in investing activities (429,044) (440,817)
Effect of exchange rate changes on cash (3,508) 756
(Decrease) increase in cash and cash equivalents from continuing operations (4,038) 22,654
Decrease in cash and cash equivalents from discontinued operations (101) (547)
(Decrease) increase in cash and cash equivalents (4,139) 22,107
Cash and cash equivalents at beginning of period 60,945 50,092
Cash and cash equivalents at end of period $ 56,806 $ 72,199