XML 76 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows From Operating Activities:      
Net income $ 129,537 $ 94,949 $ 144,311
Adjustments to reconcile net income to net cash provided by operating activities, net of effects of businesses acquired:      
Depreciation and amortization 197,892 167,377 142,779
Non-cash acquisition and restructuring related costs 16,909 43,029 0
Share-based compensation expense 25,356 19,539 13,592
Excess tax benefits from share-based compensation (1,489) (4,153) (1,976)
Deferred income taxes (22,767) (31,861) (19,942)
Changes in fair value of contingent consideration (11,463) 253 0
Other (5,227) (1,437) (12,113)
Net changes in operating assets and liabilities:      
Accounts receivable (14,289) (28,203) (6,884)
Inventories (20,376) (15,945) 2,348
Prepaid expenses and other 3,456 (10,082) 6,431
Other assets 7 (4,183) (2,965)
Accounts payable (9,945) 7,261 3,482
Accrued and other liabilities (13,255) 19,577 (26,983)
Income taxes (35,328) (6,244) 13,639
Other 5,862 (5,098) (4,967)
Net cash provided by operating activities 244,880 244,779 250,752
Cash flows from investing activities:      
Purchases of property, plant and equipment (101,996) (86,805) (79,666)
Proceeds from sale of equipment 1,312 2,020 3,474
Purchases of intangible assets (26,089) (34,583) (44,243)
Proceeds from sale / cash paid for investments (8,173) (19,284) 7,985
Purchases of short-term investments (39,942) (186,817) (110,076)
Sales of short-term investments 5,999 242,630 44,000
Cash paid for acquisitions, net of cash acquired (131,997) (457,483) (36,985)
Net cash used in investing activities (300,886) (540,322) (215,511)
Cash flows from financing activities:      
Net repayment/proceeds from short-term debt (143,311) 142,329 0
Proceeds from debt 400,000 44,000 3,016
Repayment of debt (1,607) (469,857) (50,000)
Cash paid for debt issuance costs (2,084) 0 0
Principal payments on capital leases (3,780) (3,703) (3,262)
Proceeds from subscription receivables 1,036 1,011 987
Excess tax benefits from share based compensation 1,489 4,153 1,976
Proceeds from the exercise of stock options 16,579 8,778 11,241
Purchase of treasury shares (35,653) 0 0
Acquisition of noncontrolling interest (57) (29,783) 0
Other financing activities (6,008) (7,558) 814
Net cash provided by (used in) financing activities 226,604 (310,630) (35,228)
Effect of exchange rate changes on cash and cash equivalents 2,306 (1,101) 2,837
Net increase (decrease) in cash and cash equivalents 172,904 (607,274) 2,850
Cash and cash equivalents, beginning of year 221,133 828,407 825,557
Cash and cash equivalents, end of year 394,037 221,133 828,407
Supplemental cash flow disclosures:      
Cash paid for interest 17,298 20,760 25,557
Cash paid for income taxes 61,586 41,494 33,781
Supplemental disclosure of non-cash investing and financing activities:      
Equipment purchased through capital lease 492 545 1,185
Investment acquired in non-monetary exchange 3,842 0 0
Intangible assets acquired in non-monetary exchange $ 5,658 $ 0 $ 30,341