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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net income $ 712,640 $ 596,504
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of property, equipment and intangibles 158,065 143,515
Amortization of debt discount and issuance costs 1,578 1,563
Excess tax benefit from share-based compensation (50,759) (32,296)
Deferred income taxes (22,780) (18,108)
Share-based compensation programs 16,656 17,424
Other 4,194 3,801
Changes in operating assets and liabilities:    
Accounts receivable (24,511) (26,167)
Inventory (52,024) (142,880)
Accounts payable 208,959 352,533
Income taxes payable 85,428 51,043
Other 25,276 36,022
Net cash provided by operating activities 1,062,722 982,954
Investing activities:    
Purchases of property and equipment (296,474) (317,157)
Proceeds from sale of property and equipment 2,197 2,304
Payments received on notes receivable 3,028 2,770
Net cash used in investing activities (291,249) (312,083)
Financing activities:    
Principal payments on capital leases (25) (54)
Repurchases of common stock (849,202) (687,154)
Excess tax benefit from share-based compensation 50,759 32,296
Net proceeds from issuance of common stock 53,351 51,006
Net cash used in financing activities (745,117) (603,906)
Net increase in cash and cash equivalents 26,356 66,965
Cash and cash equivalents at beginning of the period 250,560 [1] 231,318
Cash and cash equivalents at end of the period 276,916 298,283
Supplemental disclosures of cash flow information:    
Income taxes paid 342,920 308,029
Interest paid, net of capitalized interest $ 51,003 $ 47,173
[1] The balance sheet at December 31, 2014, has been derived from the audited consolidated financial statements at that date, but does not include all of the information and footnotes required by United States generally accepted accounting principles for complete financial statements.