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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Statement of Cash Flows [Abstract]      
Net income $ 313,404 $ 398,628 $ 351,680
Adjustments to reconcile net income to cash provided by operations:      
Depreciation and amortization 69,795 64,734 61,261
Stock-based compensation expense 20,813 26,019 26,134
Deferred income taxes (10,228) 4,981 (7,054)
Loss on disposal of property, plant and equipment 232 587 812
Excess income tax benefits from exercise of stock options (1,223) (2,584) (3,020)
Changes in operating assets and liabilities, net of acquisitions      
Accounts receivable and unbilled accounts receivable 19,728 21,500 (17,413)
Inventories 45,340 20,147 (64,089)
Accounts payable (18,932) (76,650) 55,378
Accrued income taxes (11,759) 21,740 23,763
Accrued liabilities and customer deposits (11,338) (14,837) 68,729
Other assets and liabilities 33,475 (16,005) (23,796)
Net cash provided by operating activities 449,307 448,260 472,385
Investing Activities      
Purchase of property, plant and equipment (50,216) (49,428) (47,662)
Proceeds from disposal of property, plant and equipment 363 1,784 421
Acquisitions of business, net of cash acquired (183,113) (129,550) (300,437)
Deposit in escrow (542,099) (202,942) 0
Net cash used for investing activities (775,065) (380,136) (347,678)
Financing Activities      
Proceeds from debt 1,875,000 787,400 563,400
Payments of debt (1,102,748) (612,680) (493,819)
Stock re-purchase (212,176) (387,787) (26,757)
Proceeds from exercise of stock options and other benefit plans 1,983 3,097 3,337
Excess income tax benefits from exercise of stock options 1,223 2,584 3,020
Payment of income tax withholding on share-based compensation (6,658) (14,565) 0
Earn-out settlement 0 0 (4,429)
Cash dividends ($0.28, $0.20, and $0.13 per share for the years ended December 31, 2015, 2014 and 2013 (32,430) (26,963) (19,246)
Net cash provided by (used for) financing activities 524,194 (248,914) 25,506
Effect of changes in currency exchange rates (26,143) (18,868) (10,124)
Increase (decrease) in cash 172,293 (199,658) 140,089
Cash, beginning of year 226,191 425,849 285,760
Cash, end of year $ 398,484 $ 226,191 $ 425,849