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Condensed Consolidated Unaudited Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 190,185 $ 173,919
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 14,216 13,348
Share-based compensation 8,862 7,850
Deferred income tax provision 5,634 4,989
Non-cash contribution to 401(k) plan 1,963 1,759
Provision for doubtful accounts 1,305 1,375
Excess tax benefits from share-based compensation (1,983) (1,576)
Gain on sale of property and equipment (420) (149)
Changes in operating assets and liabilities:    
Accounts receivable (82,792) (106,890)
Inventories (80,165) (149,085)
Accounts payable and other liabilities 45,358 99,175
Other, net (2,405) (2,996)
Net cash provided by operating activities 99,758 41,719
Cash flows from investing activities:    
Capital expenditures (20,593) (9,234)
Proceeds from sale of property and equipment 686 332
Net cash used in investing activities (19,907) (8,902)
Cash flows from financing activities:    
Dividends on Common and Class B common stock (73,840) (48,884)
Distributions to non-controlling interest (13,266) (25,817)
Net proceeds from other long-term obligations (112) 276
Purchase of additional ownership from non-controlling interest   (87,735)
Payment of fees related to revolving credit agreement   (381)
Excess tax benefits from share-based compensation 1,983 1,576
Proceeds from short-term borrowings 2,353  
Net proceeds under revolving credit agreement 3,327 122,943
Net proceeds from issuances of common stock 4,528 2,604
Net cash used in financing activities (75,027) (35,418)
Effect of foreign exchange rate changes on cash and cash equivalents (766) (186)
Net increase (decrease) in cash and cash equivalents 4,058 (2,787)
Cash and cash equivalents at beginning of period 24,447 19,478
Cash and cash equivalents at end of period $ 28,505 $ 16,691