XML 60 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating activities:      
Net income $ 778,182us-gaap_NetIncomeLoss $ 670,292us-gaap_NetIncomeLoss $ 585,746us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization of property, equipment and intangibles 194,205us-gaap_DepreciationDepletionAndAmortization 183,180us-gaap_DepreciationDepletionAndAmortization 177,106us-gaap_DepreciationDepletionAndAmortization
Amortization of debt premium, discount and issuance costs 2,086us-gaap_AmortizationOfFinancingCostsAndDiscounts 2,054us-gaap_AmortizationOfFinancingCostsAndDiscounts 1,788us-gaap_AmortizationOfFinancingCostsAndDiscounts
Excess tax benefit from stock options exercised (49,150)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (30,811)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (38,631)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Deferred income taxes 1,487us-gaap_DeferredIncomeTaxExpenseBenefit 1,919us-gaap_DeferredIncomeTaxExpenseBenefit 8,162us-gaap_DeferredIncomeTaxExpenseBenefit
Share-based compensation programs 23,095us-gaap_ShareBasedCompensation 21,722us-gaap_ShareBasedCompensation 22,026us-gaap_ShareBasedCompensation
Other 5,592us-gaap_OtherNoncashIncomeExpense 7,405us-gaap_OtherNoncashIncomeExpense 7,464us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities:      
Accounts receivable (19,271)us-gaap_IncreaseDecreaseInAccountsReceivable (16,937)us-gaap_IncreaseDecreaseInAccountsReceivable 4,404us-gaap_IncreaseDecreaseInAccountsReceivable
Inventory (179,742)us-gaap_IncreaseDecreaseInInventories (96,876)us-gaap_IncreaseDecreaseInInventories (276,904)us-gaap_IncreaseDecreaseInInventories
Accounts payable 360,646us-gaap_IncreaseDecreaseInAccountsPayable 127,178us-gaap_IncreaseDecreaseInAccountsPayable 645,706us-gaap_IncreaseDecreaseInAccountsPayable
Income taxes payable 32,158us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 24,777us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 71,346us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Accrued payroll 12,923us-gaap_IncreaseDecreaseInAccruedSalaries 5,400us-gaap_IncreaseDecreaseInAccruedSalaries 7,655us-gaap_IncreaseDecreaseInAccruedSalaries
Accrued benefits and withholdings 28,899us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities 2,355us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities 5,464us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities
Other (680)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 6,368us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet 30,223us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by operating activities 1,190,430us-gaap_NetCashProvidedByUsedInOperatingActivities 908,026us-gaap_NetCashProvidedByUsedInOperatingActivities 1,251,555us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities:      
Purchases of property and equipment (429,987)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (395,881)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (300,719)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of property and equipment 2,880us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 1,731us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 3,044us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Payments received on notes receivable 3,705us-gaap_ProceedsFromCollectionOfNotesReceivable 5,396us-gaap_ProceedsFromCollectionOfNotesReceivable 4,157us-gaap_ProceedsFromCollectionOfNotesReceivable
Other 0us-gaap_PaymentsForProceedsFromOtherInvestingActivities 0us-gaap_PaymentsForProceedsFromOtherInvestingActivities (23,889)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (423,402)us-gaap_NetCashProvidedByUsedInInvestingActivities (388,754)us-gaap_NetCashProvidedByUsedInInvestingActivities (317,407)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities:      
Proceeds from the issuance of long-term debt 0us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt 299,976us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt 298,881us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt
Payment of debt issuance costs 0us-gaap_PaymentsOfDebtIssuanceCosts (2,967)us-gaap_PaymentsOfDebtIssuanceCosts (2,376)us-gaap_PaymentsOfDebtIssuanceCosts
Principal payments on debt and capital leases (72)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations (224)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations (935)us-gaap_RepaymentsOfDebtAndCapitalLeaseObligations
Repurchases of common stock (866,484)us-gaap_PaymentsForRepurchaseOfCommonStock (933,028)us-gaap_PaymentsForRepurchaseOfCommonStock (1,445,287)us-gaap_PaymentsForRepurchaseOfCommonStock
Excess tax benefit from stock options exercised 49,150us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 30,811us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 38,631us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Net proceeds from issuance of common stock 69,620us-gaap_ProceedsFromStockPlans 69,350us-gaap_ProceedsFromStockPlans 63,514us-gaap_ProceedsFromStockPlans
Net cash used in financing activities (747,786)us-gaap_NetCashProvidedByUsedInFinancingActivities (536,082)us-gaap_NetCashProvidedByUsedInFinancingActivities (1,047,572)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net increase (decrease) in cash and cash equivalents 19,242us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (16,810)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (113,424)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 231,318us-gaap_CashAndCashEquivalentsAtCarryingValue 248,128us-gaap_CashAndCashEquivalentsAtCarryingValue 361,552us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of year 250,560us-gaap_CashAndCashEquivalentsAtCarryingValue 231,318us-gaap_CashAndCashEquivalentsAtCarryingValue 248,128us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information:      
Income taxes paid 416,458us-gaap_IncomeTaxesPaid 362,596us-gaap_IncomeTaxesPaid 274,637us-gaap_IncomeTaxesPaid
Interest paid, net of capitalized interest $ 51,203us-gaap_InterestPaidNet $ 46,760us-gaap_InterestPaidNet $ 34,655us-gaap_InterestPaidNet