SUPPLEMENTAL CASH FLOW DISCLOSURES

12 Months Ended

Dec. 31, 2015

Supplemental Cash Flow Elements [Abstract]



	Year Ended December 31,
	2015		2014		2013
In thousands
Interest paid during the year	$	19,372	$	18,445	$	15,601
Income taxes paid during the year, net of amount refunded	$	147,958	$	125,212	$	137,945
Business acquisitions:
Fair value of assets acquired	155,274		454,596		267,306
Liabilities assumed	20,409		124,005		44,846
Cash paid	134,865		330,591		222,460
Less cash acquired	5,681		30,154		671
Net cash paid	$	129,184	$	300,437	$	221,789

On November 9, 2015, the Board of Directors amended its stock repurchase authorization to $350 million of the Company’s outstanding shares. Through December 31, 2015, purchases have totaled $316.7 million leaving $33.3 million under the authorization.

On February 9, 2016 the Board of Directors amended its stock repurchase authorization to $350 million of the Company's outstanding shares. This new stock repurchase authorization supersedes the previous authorization of $350 million of which $33.3 million remained.

The Company intends to purchase shares on the open market or in negotiated or block trades. No time limit was set for the completion of the programs which conform to the requirements under the 2013 Refinancing Credit Agreement, as well as the Notes currently outstanding.

During the first and second quarters of 2015, no shares were repurchased. During the third quarter of 2015, the Company repurchased 237,027 shares at an average price of $94.23 per share. During the fourth quarter of 2015, 4,652,000 shares were repurchased at an average price of $78.56 per share. All purchases were on the open market.

During the first quarter of 2014, the Company repurchased 27,500 shares at an average price of $78.22 per share. During the second quarters of 2014, the Company repurchased 194,700 shares at an average price of $74.33 per share. During the third quarter of 2014, the Company repurchased 124,600 shares at an average price of $81.33 per share. During the fourth quarter of 2014, no shares were repurchased. All purchases were on the open market.