XML 30 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Interim Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net earnings $ 195,932 $ 186,214
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 26,024 24,278
Amortization 17,604 15,771
Deferred tax benefit (7,807) (6,889)
Excess tax benefits from share-based payment arrangements (565) (502)
Share-based compensation 8,988 9,224
Other 407 1,382
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 33,841 20,186
Inventories (19,350) 28,204
Other current assets (3,367) 7,168
Trade accounts payable (23,814) (38,857)
Taxes payable 5,961 12,989
Accruals and other 3,561 (43,190)
Net cash provided by operating activities 237,415 215,978
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 208 344
Purchase of property, plant and equipment (57,000) (64,292)
Acquisitions (213) (2,098)
Net cash used in investing activities (57,005) (66,046)
Cash flows from financing activities:    
Proceeds from borrowings 382,105 294,793
Repayments of borrowings (369,012) (384,944)
Proceeds from stock option exercises 15,990 16,186
Repurchases of common stock (217,413) (207,850)
Excess tax benefits from share - based payment arrangements 565 502
Debt Issuance Costs (281) 0
Other financing activities (1,569) (784)
Net cash used in financing activities (189,615) (282,097)
Effect of exchange rate changes on cash and cash equivalents (275) 1,938
Net (decrease) increase in cash and cash equivalents (9,480) (130,227)
Cash and cash equivalents:    
Beginning of period 101,702 235,601
End of period $ 92,222 $ 105,374