XML 64 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Flows from Operating Activities:      
Net income $ 187,794 $ 178,287 $ 161,754
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 54,596 52,408 48,202
Loss on disposal of property and equipment 170 226 615
Increase (decrease) in deferred compensation liability 444 184 (171)
Gain on disposition of pharmaceutical product lines   (3,500) (3,000)
Provision for uncollectible accounts 1,601 1,108 1,484
Provision for (benefit of) deferred income taxes 2,073 (1,970) 5,996
Share-based compensation expense 16,539 15,952 15,496
Tax benefit from share-based compensation arrangements (14,158) (14,676) (16,007)
Changes in assets and liabilities:      
Accounts receivable (15,946) 3,487 (24,809)
Inventories (1,347) (17,208) (7,579)
Other assets (4,325) 3,933 (1,339)
Accounts payable (4,399) (2,898) 13,015
Accrued liabilities 16,512 187 16,915
Deferred revenue 6,442 6,888 7,341
Net cash provided by operating activities 245,996 222,408 217,913
Cash Flows from Investing Activities:      
Purchases of property and equipment (77,612) [1] (57,618) [1] (49,677) [1]
Proceeds from disposition of pharmaceutical product lines 3,500 3,000 3,000
Proceeds from sale of property and equipment   45 225
Acquisitions of intangible assets (1,024) (900) (1,000)
Acquisition of businesses, net of cash acquired (10,923) (2,658) (46,757)
Net cash used by investing activities (86,059) (58,131) (94,209)
Cash Flows from Financing Activities:      
Borrowings (payments) on revolving credit facilities, net 65,000 (31,000) 113,903
Issuance of senior notes 150,000    
Debt issue costs (976)    
Payment of notes payable (1,107) (917) (863)
Repurchases of common stock (367,761) (132,268) (255,505)
Proceeds from exercises of stock options and employee stock purchase plans 38,235 24,166 28,801
Tax benefit from share-based compensation arrangements 14,158 14,676 16,007
Net cash used by financing activities (102,451) (125,343) (97,657)
Net effect of changes in exchange rates on cash (2,414) 1,157 933
Net increase in cash and cash equivalents 55,072 40,091 26,980
Cash and cash equivalents at beginning of period 223,986 183,895 156,915
Cash and cash equivalents at end of period 279,058 223,986 183,895
Supplemental Disclosures of Cash Flow Information      
Interest paid 5,024 3,944 3,763
Income taxes paid 67,721 68,921 44,347
Supplemental Disclosure of Non-Cash Information:      
Market value of common shares received from employees in connection with share-based compensation - see Note 18 4,548 4,662 4,316
Receivable on disposition of pharmaceutical product lines   $ 3,500 $ 3,000
[1] __________(1) Expenditures for long-lived assets exclude expenditures for intangible assets. See Note 3 for information regarding acquisitions of intangible assets during the years ended December 31, 2013, 2012 and 2011.