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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 73,415$ 58,100
Adjustments to reconcile net income to net cash provided by operating activities:  
Excess tax benefit from the exercise of options(4,178)(2,882)
Depreciation and amortization7,8497,364
Loss on disposal of fixed assets609543
Non-cash compensation8,3375,963
Provision for bad debts4,352(539)
Accrued interest on note receivable – related party(179)(223)
Deferred rent expense(556)463
Realized gain on marketable securities(1,254)(32)
Changes in (net of acquisitions):  
Accounts receivable(40,030)(2,121)
Due from factor(53,184)(32,728)
Inventories(25,301)(13,732)
Prepaid expenses, deposits and other assets(2,329)(4,216)
Accounts payable and other accrued expenses41,96926,534
Other liabilities(2,135)(102)
Net cash provided by operating activities7,38542,392
Cash flows from investing activities:  
Purchase of property and equipment(12,246)(2,280)
Purchase of marketable securities(13,983)(54,341)
Sale/redemption of marketable securities64,88518,592
Purchase of notes receivable (34,186)
Acquisitions, net of cash acquired(85,234)(11,119)
Net cash used in investing activities(46,578)(83,334)
Cash flows from financing activities:  
Proceeds from options exercised4,0052,398
Tax benefit from exercise of options4,1782,882
Purchase of common stock for treasury (4,559)
Net cash provided by financing activities8,183721
Net decrease in cash and cash equivalents(31,010)(40,221)
Cash and cash equivalents – beginning of period66,15169,266
Cash and cash equivalents – end of period$ 35,141$ 29,045