XML 21 R8.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Statement of Cash Flows [Abstract]    
Net earnings $ 256,554 $ 258,036
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Stock-based compensation expense 133,687 102,200
Depreciation 41,613 25,117
Amortization of intangibles 21,319 23,432
Deferred income taxes 16,964 26,627
Other adjustments, net (109) 6,912
Changes in assets and liabilities    
Accounts receivable (28,670) (83,074)
Other assets 2,410 2,128
Accounts payable and other liabilities 3,118 (27,988)
Income taxes payable and receivable (11,690) 4,001
Deferred revenue (22,128) (7,526)
Net cash provided by operating activities 413,068 329,865
Cash flows from investing activities:    
Capital expenditures (29,905) (37,457)
Other, net (8,807) 89
Net cash used in investing activities (38,712) (37,368)
Cash flows from financing activities:    
Proceeds from issuance of common stock pursuant to stock-based awards 5,739 15,816
Withholding taxes paid on behalf of employees on net settled stock-based awards (10,095) (2,580)
Purchase of treasury stock (387,366) (145,108)
Purchase of noncontrolling interests (737) (1,872)
Other, net (2,184) 0
Net cash used in financing activities (394,643) (133,744)
Total cash (used) provided (20,287) 158,753
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (4,361) 1,421
Net (decrease) increase in cash, cash equivalents, and restricted cash (24,648) 160,174
Cash, cash equivalents, and restricted cash at beginning of period 862,440 572,516
Cash, cash equivalents, and restricted cash at end of period $ 837,792 $ 732,690