Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities attributable to continuing operations:    
Net income $ 74,824 $ 56,917
Income (loss) from discontinued operations, net of tax 0 (5,982)
Income from continuing operations 74,824 62,899
Adjustments to reconcile income from continuing operations to net cash provided by operating activities attributable to continuing operations:    
Depreciation and amortization 19,904 18,555
Stock-based compensation expense 7,254 10,650
Amortization of debt issuance costs 563 1,422
Loss on disposition of fixed assets 1,019 74
Deferred income taxes 3,536 (1,775)
Bad debt expense 10,018 10,477
Excess tax benefits from stock-based awards (5,295) (15,235)
Other 0 42
Changes in current assets and liabilities:    
Accounts receivable 55,719 58,763
Inventories (24,943) (45,987)
Prepaid expenses and other assets (16,345) (15,499)
Accounts payable, accrued expenses and other current liabilities (94,855) (87,403)
Net cash provided by (used in) operating activities attributable to continuing operations 31,399 (3,017)
Cash flows from investing activities attributable to continuing operations:    
Capital expenditures (22,741) (19,012)
Acquisition of business, net of cash received 0 (22,875)
Proceeds received on sale of subsidiary 0 5,000
Net cash used in investing activities attributable to continuing operations (22,741) (36,887)
Cash flows from financing activities attributable to continuing operations:    
Repayment of long-term debt (3,125) 0
Payments of debt issuance costs 0 (4,607)
Repurchase of common stock (112,683) (143,718)
Cash dividends paid (19,486) (14,347)
Proceeds from issuance of common stock 3,272 5,399
Tax withholdings related to stock-based awards (11,900) (13,965)
Excess tax benefits from stock-based awards 5,295 15,235
Net cash used in financing activities attributable to continuing operations (138,627) (156,003)
Total cash used in continuing operations (129,969) (195,907)
Cash flows from discontinued operations:    
Net cash used in operating activities attributable to discontinued operations (147) (4,425)
Net cash used in investing activities attributable to discontinued operations 0 (162)
Total cash used in discontinued operations (147) (4,587)
Net decrease in cash and cash equivalents (130,116) (200,494)
Cash and cash equivalents at beginning of period 222,092 381,808
Cash and cash equivalents at end of period $ 91,976 $ 181,314