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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net income $ 159,743 $ 143,889
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 18,633 18,986
Amortization of intangible assets 23,893 23,146
Amortization of debt issuance costs 659 758
Share-based compensation expense 12,398 11,603
Deferred income taxes 2,414 3,669
Non-cash interest expense associated with forward starting swaps 3,323 3,443
Changes in (net of effect from acquisitions):    
Receivables (31,110) (22,625)
Inventories (4,796) 11,386
Other current assets (8,446) (17,233)
Trade accounts payable 6,469 (3,367)
Accrued expenses (9,799) (12,675)
Other - net (801) (2,137)
Net cash flows provided by operating activities 172,580 158,843
Cash flows from investing activities    
Additions of property, plant and equipment (19,539) (17,052)
Acquisition of businesses, net of cash acquired 0 (221,556)
Other - net 96 27
Net cash flows used in investing activities (19,443) (238,581)
Cash flows from financing activities    
Borrowings under revolving facilities 33,000 280,391
Payments under revolving facilities (166,297) (266,203)
Debt issuance costs 0 (92)
Dividends paid (54,572) (51,430)
Proceeds from stock option exercises 12,984 16,934
Purchase of common stock (9,799) (55,971)
Unvested shares surrendered for tax withholding (5,814) (4,830)
Settlement of foreign exchange contracts 4,406 0
Net cash flows (used in) provided by financing activities (186,092) 118,799
Effect of exchange rate changes on cash and cash equivalents 15,352 (5,591)
Net (decrease) increase in cash (17,603) 33,470
Cash and cash equivalents at beginning of year 235,964 328,018
Cash and cash equivalents at end of period 218,361 361,488
Cash paid for:    
Interest 19,052 17,019
Income taxes - net 50,709 49,142
3.20% Senior Notes, due June 2023    
Cash flows from financing activities    
Proceeds from Senior Notes 0 100,000
3.37% Senior Notes, due June 2025    
Cash flows from financing activities    
Proceeds from Senior Notes $ 0 $ 100,000