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Consolidated Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating activities    
Net income $ 57,939 $ 46,659
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 4,470 4,469
Amortization 898 1,190
Share-based compensation 4,084 4,034
Excess tax benefits from share-based compensation (2,021) (1,102)
Equity earnings in unconsolidated investments (162) (102)
Other (2,798) (3,914)
Changes in operating assets and liabilities, net of effects of acquisitions:    
Receivables (161,549) (132,960)
Product inventories (40,962) 29,410
Accounts payable 78,192 37,793
Other current assets and liabilities 42,970 43,238
Net cash (used in) provided by operating activities (18,939) 28,715
Investing activities    
Acquisition of businesses, net of cash acquired (2,637) (4,872)
Purchase of property and equipment, net of sale proceeds (12,427) (5,084)
Other investments (113) 0
Net cash used in investing activities (15,177) (9,956)
Financing activities    
Proceeds from revolving line of credit 345,049 216,539
Payments on revolving line of credit (237,700) (177,637)
Payments on long-term debt and other long-term liabilities (125) (24,118)
Payments of deferred acquisition consideration (500) (500)
Payments of deferred financing costs 0 (145)
Excess tax benefits from share-based compensation 2,021 1,102
Proceeds from stock issued under share-based compensation plans 7,826 3,172
Payments of cash dividends (13,074) (12,858)
Purchases of treasury stock (43,725) (1,534)
Net cash provided by financing activities 59,772 4,021
Effect of exchange rate changes on cash and cash equivalents 1,841 (1,638)
Change in cash and cash equivalents 27,497 21,142
Cash and cash equivalents at beginning of period 9,721 15,843
Cash and cash equivalents at end of period $ 37,218 $ 36,985