| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||||||||||
Net income | |||||||||||||||||
156,530 | 146,892 | 139,051 | 125,753 | 123,402 | 136,405 | 136,645 | 124,803 | 118,069 | 94,446 | 84,639 | 79,354 | 72,534 | 67,606 | 58,796 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||
(Gain) loss on sale of fixed assets and assets held for sale | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Depreciation, Depletion and Amortization | |||||||||||||||||
73,254 | 73,056 | 72,347 | 71,696 | 70,128 | 67,701 | 66,890 | 63,740 | 60,889 | 58,309 | 54,727 | 55,195 | 55,176 | 55,152 | 55,017 | 0 | 0 | 0 |
Amortization of debt issuance costs and original issue discount | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Deferred income taxes | |||||||||||||||||
1,341 | 3,598 | -796 | -2,772 | -6,442 | -4,980 | -9,008 | -1,668 | -732 | -4,039 | 938 | -2,143 | -6,461 | -2,350 | 2,556 | 0 | 0 | 0 |
Loss on extinguishment of debt | |||||||||||||||||
- | - | - | - | - | - | 0 | - | - | - | -9,805 | -9,805 | -9,805 | -8,144 | 1,661 | 0 | 0 | 0 |
Provision for losses on accounts receivable and inventory | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Stock-based compensation | |||||||||||||||||
14,628 | 11,939 | 11,798 | 13,772 | 13,146 | 14,082 | 14,664 | 13,248 | 12,818 | 13,632 | 12,788 | 13,598 | 15,388 | 21,802 | 21,127 | 0 | 0 | 0 |
Amortization of right-of-use assets | |||||||||||||||||
0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other adjustments to net income | |||||||||||||||||
-2,312 | -1,284 | -1,938 | 1,238 | 458 | 2,665 | 2,023 | 7,995 | 8,343 | 624 | 896 | -7,373 | -2,378 | 2,289 | -190 | 0 | 0 | 0 |
Changes in operating assets and liabilities, net of effects from acquisitions | |||||||||||||||||
Accounts receivable | |||||||||||||||||
-18,622 | -9,054 | -6,026 | 8,449 | 25,622 | 42,275 | 44,419 | 37,124 | 31,810 | 25,435 | 13,445 | 0 | 0 | 0 | - | - | - | - |
Inventories | |||||||||||||||||
22,257 | 12,901 | -9,002 | 13,458 | 16,297 | 26,869 | 36,528 | 10,853 | -2,971 | -2,918 | 10,301 | 0 | 0 | 0 | - | - | - | - |
Accounts payable | |||||||||||||||||
-21,702 | -6,474 | -21,981 | -8,971 | 13,726 | 9,573 | 31,667 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Other, net | |||||||||||||||||
11,610 | 3,668 | 1,566 | 44,590 | 47,472 | 2,772 | -259 | -34,466 | -24,243 | -23,366 | 1,308 | 0 | 0 | 0 | - | - | - | - |
Changes in operating assets and liabilities | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 |
Net cash provided by operating activities | |||||||||||||||||
216,189 | 221,590 | 209,694 | 145,304 | 135,274 | 137,040 | 145,703 | 176,449 | 149,775 | 138,425 | 121,654 | 137,411 | 99,586 | 136,870 | 156,646 | 0 | 0 | 0 |
Investing activities: | |||||||||||||||||
Capital expenditures | |||||||||||||||||
37,287 | 37,794 | 34,860 | 33,798 | 36,040 | 37,141 | 38,501 | 36,152 | 33,921 | 29,393 | 25,122 | 18,618 | 16,190 | 16,131 | 16,830 | 0 | 0 | 0 |
Proceeds from sale of properties, plant and equipment | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
Proceeds from divestiture of business | |||||||||||||||||
- | - | - | - | - | - | 42,631 | 39,607 | - | - | 0 | 5,424 | 5,424 | 5,424 | 2,400 | 0 | 0 | 0 |
Acquisition of businesses, net of cash acquired | |||||||||||||||||
40,100 | 40,100 | 97,999 | 83,502 | 58,016 | 61,366 | 3,467 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of an investment | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 |
Other, net | |||||||||||||||||
98 | 156 | 322 | 167 | 161 | -567 | -1,502 | -1,489 | -1,522 | -858 | -88 | 314 | 336 | -146 | -132 | 0 | 0 | 0 |
Net cash used in investing activities | |||||||||||||||||
-77,405 | -77,970 | -133,101 | -117,118 | -93,237 | -54,960 | 2,514 | -159,599 | -177,572 | -212,358 | -205,833 | -31,711 | -9,699 | -9,630 | -12,895 | 0 | 0 | 0 |
Financing activities: | |||||||||||||||||
Borrowings under credit facility | |||||||||||||||||
- | - | - | - | - | - | 358,000 | 406,000 | 406,000 | 301,000 | 97,000 | 0 | 0 | 0 | - | - | - | - |
Repayments under credit facility | |||||||||||||||||
- | - | - | - | - | - | 443,000 | 406,000 | 406,000 | 259,000 | 12,000 | 0 | 0 | 0 | - | - | - | - |
Repayments of short-term debt | |||||||||||||||||
- | - | - | - | - | - | 8,150 | 5,850 | 3,550 | 1,250 | 4,200 | 4,200 | 4,817 | 5,504 | 1,619 | 0 | 0 | 0 |
Issuance of long-term debt | |||||||||||||||||
- | - | - | - | - | - | 426,217 | 426,217 | 426,217 | - | 498,750 | 498,750 | 498,750 | 498,750 | 0 | 0 | 0 | 0 |
Repayments of long-term debt | |||||||||||||||||
- | - | - | - | - | - | 1,217 | 2,467 | 3,717 | - | 641,100 | 641,950 | 641,750 | 658,475 | 22,175 | 0 | 0 | 0 |
Issuance of common stock | |||||||||||||||||
3,703 | 5,088 | 7,374 | 14,468 | 16,102 | 16,101 | 20,110 | 10,973 | 10,302 | 10,802 | 12,168 | 12,069 | 7,165 | 4,706 | 52 | 0 | 0 | 0 |
Repurchase of common stock | |||||||||||||||||
15,011 | 0 | 24,419 | 26,037 | 54,389 | 429,513 | 411,775 | 424,095 | 395,743 | 20,619 | 13,938 | 0 | 0 | 0 | - | - | - | - |
Payments for debt financing costs and fees | |||||||||||||||||
- | - | - | - | - | - | 5,955 | 5,801 | 5,798 | - | 4,375 | 4,375 | 4,344 | 4,294 | 0 | 0 | 0 | 0 |
Other, net | |||||||||||||||||
492 | -153 | -155 | -152 | -760 | -175 | -161 | -164 | -143 | -113 | -65 | -156 | -168 | -165 | -166 | 0 | 0 | 0 |
Net cash used for financing activities | |||||||||||||||||
-50,816 | -56,045 | -78,180 | -35,155 | -64,815 | -43,442 | -65,931 | -1,187 | 27,568 | 26,989 | -67,760 | -139,862 | -145,164 | -164,982 | -23,908 | 0 | 0 | 0 |
Effects of foreign exchange rate changes on cash and cash equivalents | |||||||||||||||||
-2,264 | 641 | -1,660 | -1,816 | -2,616 | -2,480 | -1,342 | -2,344 | -810 | -1,268 | -2,622 | -747 | -1,269 | -1,495 | -162 | 0 | 0 | 0 |
Increase (decrease) in cash and cash equivalents | |||||||||||||||||
85,704 | 88,216 | -3,247 | -8,785 | -25,394 | 36,158 | 80,944 | 13,319 | -1,039 | -48,212 | -154,561 | -34,909 | -56,546 | -39,237 | 119,681 | 0 | 0 | 0 |
Supplementary Cash Flow information | |||||||||||||||||
Capital expenditures, not yet paid | |||||||||||||||||
3,806 | 3,231 | 3,719 | 1,320 | 1,008 | 1,407 | 916 | 1,603 | 1,275 | 1,772 | 1,330 | 209 | 704 | 646 | 525 | 0 | 0 | 0 |