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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net earnings $ 399,323,000 $ 402,353,000
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 24,873,000 24,217,000
Amortization 36,406,000 35,821,000
Deferred tax benefit (3,837,000) (1,766,000)
Share-based compensation 9,263,000 8,222,000
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 7,404,000 60,460,000
Inventories 3,083,000 47,746,000
Other current assets (6,190,000) 4,057,000
Trade accounts payable (4,862,000) (76,707,000)
Taxes payable 10,055,000 13,249,000
Increase (Decrease) in Other Operating Assets and Liabilities, Net (5,043,000) (97,579,000)
Net cash provided by operating activities 447,493,000 420,073,000
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 668,000 412,000
Purchase of property, plant and equipment (41,201,000) (51,947,000)
Proceeds from government funding 0 1,264,000
Acquisitions (2,473,000) (613,000)
Net cash used in investing activities (30,767,000) (65,298,000)
Cash flows from financing activities:    
Proceeds from borrowings 1,022,578,000 1,080,921,000
Repayments of borrowings (1,017,192,000) (958,731,000)
Proceeds from stock option exercises 8,136,000 19,087,000
Repurchases of common stock (424,998,000) (499,999,000)
Payment for Contingent Consideration Liability, Financing Activities 0 5,626,000
Proceeds from (Payments for) Other Financing Activities (1,910,000) (714,000)
Net cash used in financing activities (413,386,000) (365,062,000)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Continuing Operations (2,337,000) (2,105,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1,003,000 (12,392,000)
Beginning of period 69,807,000 95,966,000
End of period 70,810,000 83,574,000
Cash and cash equivalents: $ 1,003,000 $ (12,392,000)