| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 | Dec'11 | Sep'11 | Jun'11 | Mar'11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||||||||||||||||||||||
Net income | ||||||||||||||||||||||||||||||||||||
139,000 | 107,000 | 149,000 | 181,000 | 167,000 | 147,000 | 167,000 | 174,000 | 151,000 | 215,000 | 111,000 | 95,000 | 83,000 | 61,000 | 45,000 | 61,000 | 48,000 | 12,700 | 46,500 | 54,400 | 68,400 | 50,500 | 68,800 | 57,200 | 52,100 | 42,900 | 44,500 | 50,500 | 27,500 | 11,200 | 32,200 | 412,800 | 58,000 | 44,500 | 38,800 | -17,200 | 36,900 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||||||||||||||||||||||||||
Deferred income taxes | ||||||||||||||||||||||||||||||||||||
35,000 | 4,000 | 28,000 | 20,000 | 13,000 | 6,000 | 21,000 | 13,000 | 12,000 | -122,000 | 28,000 | 19,000 | 25,000 | 34,000 | 26,000 | 31,000 | 23,000 | 4,500 | 24,200 | 32,900 | 34,400 | 26,600 | 43,500 | 34,200 | 27,500 | 20,200 | 28,800 | 32,900 | 16,100 | 8,000 | 19,000 | -351,800 | 21,000 | 5,900 | 13,800 | 4,900 | 15,200 |
Depreciation of property, plant and equipment | ||||||||||||||||||||||||||||||||||||
22,000 | 24,000 | 20,000 | 19,000 | 18,000 | 19,000 | 19,000 | 19,000 | 20,000 | 20,000 | 21,000 | 20,000 | 19,000 | 21,000 | 21,000 | 21,000 | 21,000 | 22,200 | 22,400 | 22,000 | 21,400 | 22,800 | 23,600 | 24,100 | 23,300 | 24,600 | 24,400 | 25,000 | 24,700 | 26,500 | 26,100 | 25,300 | 24,600 | 26,800 | 25,500 | 25,800 | 25,700 |
Amortization of intangible assets | ||||||||||||||||||||||||||||||||||||
16,000 | 21,000 | 22,000 | 21,000 | 22,000 | 21,000 | 22,000 | 22,000 | 22,000 | 23,000 | 22,000 | 23,000 | 22,000 | 23,000 | 23,000 | 23,000 | 23,000 | 24,100 | 24,300 | 24,300 | 24,300 | 24,700 | 24,700 | 24,700 | 24,700 | 25,200 | 25,100 | 25,100 | 29,900 | 37,500 | 37,500 | 37,500 | 37,500 | 37,900 | 38,000 | 38,000 | 38,000 |
Stock-based compensation | ||||||||||||||||||||||||||||||||||||
3,000 | 3,000 | 2,000 | 5,000 | 3,000 | 4,000 | 3,000 | 3,000 | 3,000 | 4,000 | 2,000 | 4,000 | 2,000 | 3,000 | 2,000 | 2,000 | 2,000 | 2,800 | 2,500 | 2,600 | 2,100 | 3,600 | 3,800 | 4,000 | 3,300 | 3,000 | 3,000 | 4,300 | 3,400 | 1,900 | 1,000 | 1,800 | 1,700 | 1,600 | 2,100 | 2,300 | 2,000 |
Amortization of deferred financing costs | ||||||||||||||||||||||||||||||||||||
1,000 | 1,000 | 2,000 | 1,000 | 1,000 | 1,000 | 2,000 | 1,000 | 2,000 | 2,000 | 1,000 | 2,000 | 1,000 | 1,000 | 2,000 | 2,000 | 2,000 | 2,300 | 1,900 | 1,900 | 1,900 | 1,900 | 1,900 | 2,300 | 2,000 | 2,500 | 3,700 | 1,800 | 2,900 | 3,200 | 6,700 | 2,200 | 2,400 | 2,700 | 2,800 | 3,700 | 2,900 |
Expenses related to long-term debt refinancing | ||||||||||||||||||||||||||||||||||||
0 | 0 | 0 | 0 | 5,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Loss associated with impairment of long-lived assets | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -300 | 0 | 0 | 1,300 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Impairment loss on investments in technology-related initiatives | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 2,500 | - | - | - | - | - | - | - | - |
Unrealized gain on derivatives | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 19,000 | 4,000 | 1,000 | 5,000 | 11,000 | 3,000 | -3,000 | -10,000 | 2,500 | -10,700 | 1,200 | -8,000 | -8,100 | 4,800 | 3,800 | 4,200 | 10,600 | 6,500 | 8,400 | 7,300 | 8,900 | 7,000 | 5,100 | 5,200 | 13,800 | -16,600 | -19,200 | 8,100 |
Premiums and expenses on tender offer and redemption of long-term debt | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -500 | -500 | -7,600 | -13,500 | - | - | - | - |
Excess tax benefit from stock-based compensation | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -200 | 200 | 200 | 7,800 | 11,800 | 5,000 | 2,800 | 5,000 | 4,400 | 2,300 | 2,100 | 4,900 | - | - | - | - | - | - | - | - |
Other | ||||||||||||||||||||||||||||||||||||
-3,000 | -2,000 | 1,000 | -1,000 | 1,000 | 3,000 | -4,000 | -1,000 | -2,000 | 5,000 | -2,000 | -5,000 | 2,000 | 1,000 | 0 | -1,000 | -1,000 | 1,500 | -2,800 | -1,800 | 2,100 | 600 | -5,600 | -200 | 0 | 3,100 | -5,400 | 100 | 100 | -1,200 | -1,100 | 400 | -200 | 0 | 400 | 400 | 600 |
Changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||||||||||||||||||
51,000 | -77,000 | -4,000 | -10,000 | 54,000 | -56,000 | 7,000 | 20,000 | 90,000 | -52,000 | -3,000 | 22,000 | 52,000 | -2,000 | 1,000 | -19,000 | 23,000 | -28,300 | -3,900 | -3,600 | 26,800 | -31,600 | 15,400 | 0 | 52,000 | -23,700 | -10,600 | 3,900 | 40,300 | -40,200 | -31,700 | -2,900 | 44,900 | -27,300 | -13,300 | 22,600 | 43,000 |
Inventories | ||||||||||||||||||||||||||||||||||||
9,000 | -9,000 | 4,000 | -2,000 | 18,000 | 3,000 | -2,000 | 1,000 | 16,000 | -3,000 | 9,000 | 3,000 | 16,000 | - | - | - | - | -14,000 | 1,800 | -5,900 | 20,100 | -16,400 | -5,100 | -6,100 | 14,900 | -5,600 | 2,200 | -4,400 | 12,200 | -29,800 | 17,400 | -700 | 14,900 | -7,700 | -4,100 | 12,000 | 10,800 |
Accounts payable | ||||||||||||||||||||||||||||||||||||
21,000 | -27,000 | -21,000 | -11,000 | 34,000 | -20,000 | -17,000 | 2,000 | 44,000 | -26,000 | 13,000 | 13,000 | 30,000 | -6,000 | -4,000 | 4,000 | 8,000 | -14,500 | -1,400 | -14,800 | 5,700 | -30,900 | 9,000 | 1,100 | 22,900 | -13,400 | -4,600 | 7,000 | 28,600 | -43,000 | -10,300 | -26,300 | 50,200 | -45,600 | 19,700 | 16,900 | 33,900 |
Other assets and liabilities | ||||||||||||||||||||||||||||||||||||
32,000 | 20,000 | -12,000 | 12,000 | -4,000 | 3,000 | -24,000 | 2,000 | -3,000 | 29,000 | -25,000 | -11,000 | -4,000 | -24,000 | -13,000 | -10,000 | -3,000 | -1,900 | -26,400 | 6,600 | 19,700 | 3,500 | -13,200 | 3,900 | -18,900 | -26,100 | -3,600 | 6,800 | 16,100 | -9,900 | -13,100 | 10,600 | 4,500 | 27,800 | -26,300 | 40,000 | -17,800 |
Net cash provided by operating activities | ||||||||||||||||||||||||||||||||||||
148,000 | 202,000 | 212,000 | 239,000 | 194,000 | 232,000 | 239,000 | 213,000 | 153,000 | 166,000 | 215,000 | 166,000 | 111,000 | 175,000 | 128,000 | 170,000 | 118,000 | 174,900 | 162,400 | 151,700 | 91,000 | 157,300 | 174,000 | 143,400 | 98,600 | 148,100 | 131,000 | 129,700 | 54,700 | 112,100 | 138,900 | 106,900 | 139,600 | 71,900 | 203,600 | 83,800 | 109,900 |
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||||||||||||||||||||||||
Additions of long-lived assets | ||||||||||||||||||||||||||||||||||||
21,000 | 81,000 | 47,000 | 25,000 | 19,000 | 48,000 | 23,000 | 19,000 | 10,000 | 51,000 | 20,000 | 12,000 | 8,000 | 35,000 | 14,000 | 16,000 | 6,000 | 27,900 | 15,200 | 13,600 | 1,300 | 26,500 | 14,900 | 11,600 | 11,100 | 33,200 | 15,400 | 13,200 | 12,600 | 30,000 | 31,400 | 26,800 | 35,700 | 41,600 | 27,700 | 16,000 | 11,600 |
Investments in technology-related initiatives | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 2,000 | 0 | 3,800 | 2,500 | 0 | 0 | 6,300 | - | - | - | - | - | - | - | - |
Proceeds from disposal of assets | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 100 | 100 | 0 | 200 | 0 | 100 | 100 | 200 | 0 | 200 | 100 | 100 | 200 | 200 | 100 | 100 | 100 | 2,100 |
Collateral for interest rate derivatives | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | -2,000 | 300 | 100 | 0 | -1,700 | 400 | 300 | 800 | 0 | -100 | -76,100 | -2,400 | 36,200 | 3,700 |
Net cash used for investing activities | ||||||||||||||||||||||||||||||||||||
-21,000 | -82,000 | -146,000 | -158,000 | -19,000 | -51,000 | -23,000 | -19,000 | -10,000 | -51,000 | -20,000 | -15,000 | -8,000 | -35,000 | -15,000 | -16,000 | -6,000 | -28,200 | -17,100 | -13,500 | -1,200 | -26,500 | -16,700 | -9,600 | -15,100 | -35,700 | -15,200 | -11,500 | -19,100 | -30,200 | -38,500 | -34,600 | -35,400 | -40,400 | -30,000 | 20,300 | -5,800 |
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||||||||||||||||||||||||
Borrowings on revolving credit facility | ||||||||||||||||||||||||||||||||||||
300,000 | 0 | 0 | 90,000 | 0 | - | - | - | - | 0 | 85,000 | 30,000 | 300,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payments on revolving credit facility | ||||||||||||||||||||||||||||||||||||
300,000 | 0 | 0 | 90,000 | 0 | - | - | - | - | 0 | 290,000 | 70,000 | 55,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Repurchases of common stock | ||||||||||||||||||||||||||||||||||||
180,000 | 62,000 | 46,000 | 235,000 | 50,000 | 153,000 | 86,000 | 245,000 | 125,000 | 107,000 | 239,000 | 124,000 | 415,000 | 87,000 | 77,000 | 59,000 | 33,000 | 9,700 | 181,600 | 79,300 | 35,400 | 0 | 0 | 149,800 | 100,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Dividend payments | ||||||||||||||||||||||||||||||||||||
20,000 | 18,000 | 18,000 | 18,000 | 19,000 | 19,000 | 20,000 | 20,000 | 21,000 | 21,000 | 22,000 | 23,000 | 23,000 | 24,000 | 25,000 | 25,000 | 26,000 | 26,000 | 26,100 | 26,900 | 27,000 | 26,900 | 21,300 | 21,700 | 21,700 | 21,900 | 21,800 | 22,300 | 11,100 | - | - | - | - | - | - | - | - |
Payments on long-term debt | ||||||||||||||||||||||||||||||||||||
2,000 | 2,000 | 1,000 | 0 | 1,148,000 | 0 | 0 | 25,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 1,200,000 | 6,000 | 6,000 | 6,800 | 5,600 | 52,900 | 51,700 | 69,200 | 79,500 | 6,100 | 2,800 | 52,800 | 77,800 | 5,900 | 5,900 | 94,900 | 105,000 | 43,500 | 2,000 | - | - | - | - |
Taxes paid related to net share settlement of equity awards | ||||||||||||||||||||||||||||||||||||
2,000 | 0 | 0 | 0 | 4,000 | 0 | 0 | 2,000 | 2,000 | 0 | 0 | 0 | 1,000 | - | - | - | 1,000 | 1,500 | 0 | 0 | 500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from exercise of stock options | ||||||||||||||||||||||||||||||||||||
1,000 | 1,000 | 0 | 4,000 | 0 | 1,000 | 16,000 | 2,000 | 3,000 | 5,000 | 3,000 | 4,000 | 7,000 | 15,000 | 7,000 | 1,000 | 1,000 | 500 | 700 | 600 | 21,200 | 25,000 | 12,200 | 7,900 | 14,500 | 12,800 | 8,300 | 9,400 | 15,800 | - | - | - | - | - | - | - | - |
Issuance of long-term debt | ||||||||||||||||||||||||||||||||||||
0 | 0 | 0 | 0 | 1,148,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt financing fees | ||||||||||||||||||||||||||||||||||||
0 | 0 | 0 | 2,000 | 10,000 | 0 | 0 | 0 | 1,000 | 1,000 | 5,000 | -1,000 | 1,000 | - | - | - | - | - | - | - | - | -100 | 0 | 300 | 700 | 12,300 | 1,000 | 0 | 1,600 | 1,800 | 16,100 | 0 | 2,300 | - | - | - | - |
Excess tax benefit from stock-based compensation | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -200 | 200 | 200 | 7,800 | 11,800 | 5,000 | 2,800 | 5,000 | 4,400 | 2,300 | 2,100 | 4,900 | - | - | - | - | - | - | - | - |
Repurchases and redemption of long-term debt | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 115,900 | 211,000 | - | - | - | - |
Payments on notes payable | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 2,500 | - | - | - | - |
Net cash used for financing activities | ||||||||||||||||||||||||||||||||||||
-203,000 | -81,000 | -65,000 | -251,000 | -83,000 | -171,000 | -90,000 | -290,000 | -149,000 | -127,000 | -71,000 | -187,000 | -189,000 | -98,000 | -313,000 | -88,000 | -65,000 | -43,800 | -212,800 | -186,800 | -85,600 | -66,500 | -84,500 | -167,400 | -105,700 | -69,800 | -190,000 | -19,800 | 2,100 | -85,200 | -120,200 | -170,300 | -217,800 | - | - | - | - |
Effect of exchange rate changes on cash | ||||||||||||||||||||||||||||||||||||
-2,000 | 1,000 | -2,000 | -1,000 | 1,000 | 0 | -1,000 | -3,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | - | - | - | - | 700 | -900 | 300 | -2,100 | -9,400 | 8,600 | 400 | -2,600 | -10,200 | -900 | 8,100 | 3,000 | 1,600 | -10,400 | 17,200 | -7,500 | 9,300 | 11,500 | 1,500 | -3,900 |
Net (decrease) increase in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||
-78,000 | 40,000 | -1,000 | -171,000 | 93,000 | 10,000 | 125,000 | -99,000 | -4,000 | -11,000 | 125,000 | -35,000 | -85,000 | 40,000 | -200,000 | 66,000 | 47,000 | 103,600 | -68,400 | -48,300 | 2,100 | 54,900 | 81,400 | -33,200 | -24,800 | 32,400 | -75,100 | 106,500 | 40,700 | -1,700 | -30,200 | -80,800 | -121,100 | -39,800 | 82,000 | -80,600 | 100,200 |
Supplemental disclosures: | ||||||||||||||||||||||||||||||||||||
Interest paid | ||||||||||||||||||||||||||||||||||||
8,000 | 62,000 | 10,000 | 39,000 | 14,000 | 47,000 | 11,000 | 47,000 | 10,000 | 53,000 | 16,000 | 41,000 | 14,000 | 14,000 | 21,000 | 21,000 | 22,000 | 21,600 | 21,800 | 35,100 | 18,500 | 36,700 | 34,700 | 39,200 | 29,400 | 46,300 | 33,300 | 49,600 | 30,000 | 46,700 | 31,800 | 52,700 | 36,100 | 68,000 | 25,800 | 84,900 | 29,900 |
Income taxes paid | ||||||||||||||||||||||||||||||||||||
6,000 | 5,000 | 29,000 | 49,000 | 6,000 | 21,000 | 34,000 | 45,000 | 1,000 | 31,000 | 31,000 | 31,000 | 3,000 | 3,000 | 2,000 | 5,000 | 3,000 | 0 | 1,100 | 1,400 | 2,500 | 1,500 | 400 | 1,000 | 2,100 | 300 | 500 | 1,800 | 1,200 | 1,700 | 2,600 | 3,500 | 2,900 | 700 | 1,400 | 2,100 | 1,600 |