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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities:      
Net income $ 242,227 $ 194,766 $ 220,029
Adjustments to reconcile net income to net cash provided by operations:      
Depreciation 166,944 156,292 142,755
Amortization 27,608 15,455 10,339
Stock based compensation 23,893 19,561 18,924
Provision for (recovery of) doubtful accounts 782 923 235
(Gain) loss on disposition of fixed assets 344 (770) 387
Gain on remeasurement of equity securities   (6,500)  
Debt prepayment costs     4,710
Deferred income taxes 8,746 (23,352) 2,238
Defined benefit plan expense 15,342 19,501 17,200
Equity in results of affiliates (135) 229 229
Changes in balance sheet items, excluding effects from acquisitions and foreign currency adjustments:      
Accounts receivables 8,811 (66,968) (44,658)
Inventories 605 (25,183) (12,989)
Prepaid and other current assets 6,596 (9,437) (33,959)
Accounts payable, accrued and other liabilities (779) 37,155 58,245
Income taxes payable 5,658 (3,155) (8,753)
Retirement and deferred compensation plan liabilities (3,956) (22,762) (41,004)
Other changes, net 11,771 27,873 (9,199)
Net Cash Provided by Operations 514,457 313,628 324,729
Cash Flows from Investing Activities:      
Capital expenditures (242,276) (211,252) (156,624)
Proceeds from sale of property, plant and equipment 4,301 4,466 2,036
Insurance proceeds   10,631 709
Settlement for derivative     (66,155)
Acquisition of business, net of cash acquired (106,328) (527,916)  
Acquisition of intangible assets (4,806) (611)  
Investment in equity securities (3,530) (10,000) (5,000)
Proceeds from sale of investment in equity securities 16,487    
Notes receivable, net (116) (779) 234
Net Cash Used by Investing Activities (336,268) (735,461) (224,800)
Cash Flows from Financing Activities:      
Proceeds from notes payable and overdrafts 50,854 49,069  
Repayments of notes payable and overdrafts (53,269) (29,994)  
Proceeds and repayments of short term credit facility, net (52,096) 81,063 (169,213)
Proceeds from long-term obligations 10,523 13,161 625,628
Repayments of long-term obligations (67,276) (72,290) (165,798)
Dividends paid (90,208) (82,346) (79,944)
Credit facility costs     (3,542)
Debt prepayment costs     (4,710)
Proceeds from stock option exercises 90,834 88,156 73,905
Purchase of treasury stock (86,497) (3,905) (120,540)
Common stock repurchased and retired   (57,786) (40,994)
Net Cash Provided (Used) by Financing Activities (197,135) (14,872) 114,792
Effect of Exchange Rate Changes on Cash (904) (9,112) 31,632
Net Increase (Decrease) in Cash and Equivalents and Restricted Cash (19,850) (445,817) 246,353
Cash and Equivalents and Restricted Cash at Beginning of Period 266,823 712,640 466,287
Cash and Equivalents and Restricted Cash at End of Period 246,973 266,823 712,640
Supplemental Cash Flow Disclosure:      
Interest paid 34,422 32,005 38,838
Income taxes paid $ 86,097 $ 96,048 $ 77,349