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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Taxes [Abstract]

Earnings before income taxes

Earnings before income taxes for the years ended December 31, 2013, 2012 and 2011 consisted of the following components (in thousands):

		2013			2012			2011
United States		$	517,432		$	430,573		$	359,800
Other			236,698			256,108			245,187
		$	754,130		$	686,681		$	604,987

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

Components of income tax expense for the years ended December 31, 2013, 2012 and 2011 were as follows (in thousands):

		2013			2012			2011
Current:
Federal		$	166,430		$	136,860		$	123,310
State			12,577			9,972			14,903
Foreign			40,451			48,403			41,437
Deferred:
Federal			(1,965	)		15,789			1,846
Foreign			(1,656	)		(7,703	)		(3,756	)
		$	215,837		$	203,321		$	177,740

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Reconciliations between the statutory federal income tax rate and the effective income tax rate for the years ended December 31, 2013, 2012 and 2011 were as follows:

		2013		2012		2011
Federal statutory rate		35.0	%	35.0	%	35.0	%
Foreign rate differential		(4.1	)	(3.9	)	(3.7	)
R&D tax credits		(0.5	)	-		(0.7	)
State taxes, net of federal benefit		1.9		1.7		1.7
Foreign tax credit		-		(2.4	)	-
Section 199 deduction		(1.8	)	(1.3	)	(1.3	)
Other, net		(1.9	)	0.5		(1.6	)
		28.6	%	29.6	%	29.4	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Components of the deferred tax assets and liabilities at December 31 were as follows (in thousands):

		2013			2012
Deferred tax assets:
Reserves and accrued expenses		$	119,955		$	63,703
Inventories			10,315			9,171
Net operating loss carryforwards			35,286			21,161
R&D credits			3,134			6,331
Foreign tax credits			425			20,270
Valuation allowance			(5,917	)		-
Total deferred tax assets		$	163,198		$	120,636
Deferred tax liabilities:
Reserves and accrued expenses		$	20,995		$	10,766
Amortizable intangible assets			826,838			691,536
Plant and equipment			12,423			8,844
Total deferred tax liabilities		$	860,256		$	711,146

Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]

The Company recognizes in the consolidated financial statements only those tax positions determined to be "more likely than not" of being sustained upon examination based on the technical merits of the positions.  A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in thousands):

		2013			2012			2011
Beginning balance		$	24,865		$	19,556		$	24,765
Additions for tax positions of prior periods			3,055			1,371			470
Additions for tax positions of the current period			1,639			1,541			2,572
Additions due to acquisitions			5,026			9,116			-
Reductions for tax positions of prior periods			(3,675	)		(197	)		(558	)
Reductions for tax positions of the current period
Settlements with taxing authorities			-			-			(4,043	)
Lapse of applicable statute of limitations			(3,986	)		(6,522	)		(3,650	)
Ending balance		$	26,924		$	24,865		$	19,556

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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