XML 51 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income $ 27,711 $ 16,192
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 23,560 21,882
Deferred income taxes (4,242) 548
Income from discontinued operations (639)  
Restructuring charges 3,511 1,550
Gains on disposition of property and other assets (156) (64)
Share-based compensation expense 4,524 3,284
Excess tax benefit from share-based compensation arrangements (269) (54)
Other non-cash items, net 3,646 3,532
Change in operating assets and liabilities (excluding the impact of acquisitions):    
Receivables (24,342) (16,154)
Inventories (2,238) (883)
Accounts payable 26,272 12,665
Restructuring liabilities (2,761) (3,362)
Accrued compensation 5,783 3,536
Customer deposits (1,994) (3,975)
Income taxes payable 8,185 2,036
Other assets and liabilities, net 2,255 (5,665)
Net cash provided by operating activities 68,806 35,068
Cash flows from investing activities:    
Capital expenditures (19,912) (17,251)
Acquisition of businesses, net of cash acquired (23,546) (41,105)
Proceeds from dispositions of property and other assets 194 315
Proceeds from sale of land 1,041  
Net cash used in investing activities (42,223) (58,041)
Cash flows from financing activities:    
Payments on debt and capital lease obligations (2,308) (6,544)
Dividends paid on common stock (2,429) (2,435)
Debt issuance costs   (1,001)
Common stock purchased for treasury (1,038) (5,230)
Excess tax benefit from share-based compensation arrangements 269 54
Proceeds from exercise of stock options 90 163
Net cash used in financing activities (5,416) (14,993)
Effect of exchange rate changes on cash and cash equivalents 2,686 (3,322)
Net change in cash and cash equivalents 23,853 (41,288)
Cash and cash equivalents, beginning of year 100,376 145,841
Cash and cash equivalents, end of period 124,229 104,553
Supplemental disclosure of cash flow information    
Cash paid for income taxes 7,202 7,805
Cash paid for interest 855 804
Equipment acquired under capital leases $ 690 $ 1,097