| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | ||||||||||||||||||||||||||||||||||||
Net earnings | ||||||||||||||||||||||||||||||||||||
48,207 | 47,177 | 46,142 | 36,272 | 31,068 | 27,790 | 23,784 | 28,908 | 33,368 | 34,571 | 33,451 | 34,268 | 33,054 | 32,295 | 31,665 | 31,200 | 29,701 | 25,938 | 26,456 | 28,360 | 29,273 | 29,678 | 30,057 | 28,875 | 26,342 | 24,617 | 23,721 | 23,529 | 24,690 | 28,032 | 23,735 | 21,758 | 22,150 | 19,161 | 0 | 0 | 0 |
Adjustments to reconcile net earnings to net cash provided by operations: | ||||||||||||||||||||||||||||||||||||
Depreciation | ||||||||||||||||||||||||||||||||||||
11,566 | 11,569 | 11,246 | 11,523 | 11,157 | 11,354 | 11,773 | 11,953 | 12,313 | 12,056 | 11,317 | 11,109 | 10,840 | 10,715 | 10,703 | 10,408 | 10,584 | 9,993 | 9,716 | 9,229 | 8,619 | 8,891 | 8,997 | 9,045 | 8,795 | 8,512 | 8,272 | 7,981 | 7,644 | 7,587 | 7,458 | 7,274 | 7,350 | 7,144 | 0 | 0 | 0 |
Amortization | ||||||||||||||||||||||||||||||||||||
12,569 | 12,577 | 12,609 | 12,715 | 12,688 | 12,961 | 12,928 | 12,891 | 12,934 | 12,342 | 12,247 | 12,046 | 11,966 | 11,727 | 11,548 | 11,303 | 10,866 | 10,606 | 10,579 | 9,203 | 7,945 | 6,773 | 4,998 | 5,046 | 5,092 | 4,982 | 4,941 | 4,959 | 4,710 | 4,467 | 3,919 | 3,167 | 2,712 | 2,347 | 0 | 0 | 0 |
Deferred income taxes | ||||||||||||||||||||||||||||||||||||
-1,131 | -1,524 | -5,383 | -5,343 | -5,271 | -5,269 | -3,780 | -3,988 | -4,087 | -4,100 | 378 | 526 | 589 | 710 | -2,889 | -2,892 | -2,779 | -3,023 | -1,226 | -1,245 | -1,403 | -1,334 | 1,409 | 1,411 | 1,420 | 1,462 | -669 | -701 | -638 | -551 | -661 | -673 | -728 | -800 | 0 | 0 | 0 |
Noncurrent employee benefits | ||||||||||||||||||||||||||||||||||||
-69 | -40 | 53 | 113 | 487 | 464 | 1,581 | 257 | 693 | 714 | -617 | 764 | 572 | 660 | 1,632 | 1,422 | 1,316 | 1,261 | 3,784 | 4,831 | 4,678 | 4,417 | 1,740 | 853 | 1,024 | 1,392 | 112 | 41 | -312 | 122 | 3,823 | 3,374 | 4,451 | 4,704 | 0 | 0 | 0 |
Stock-based compensation expense | ||||||||||||||||||||||||||||||||||||
1,256 | 1,214 | 1,682 | 3,784 | 3,968 | 4,174 | 3,908 | 1,890 | 1,830 | 1,725 | 1,591 | 1,564 | 1,541 | 1,537 | 1,517 | 1,512 | 1,532 | 1,541 | 1,521 | 1,554 | 1,457 | 1,449 | 1,769 | 1,790 | 1,478 | 1,388 | 1,053 | 964 | 1,255 | 1,266 | 1,555 | 1,504 | 1,473 | 1,470 | 0 | 0 | 0 |
Changes in: | ||||||||||||||||||||||||||||||||||||
Receivables | ||||||||||||||||||||||||||||||||||||
-8,779 | -5,451 | -8,018 | -4,794 | 5,023 | 7,999 | 4,388 | 3,978 | -72 | 967 | 10,326 | 2,663 | 7,208 | 3,561 | -1,612 | 1,665 | 7,932 | 5,511 | 673 | -1,460 | -3,885 | 997 | 2,430 | 7,830 | 6,925 | 3,991 | 2,058 | 821 | -3,635 | -812 | 5,394 | 1,360 | 8,181 | 616 | 0 | 0 | 0 |
Inventories | ||||||||||||||||||||||||||||||||||||
-6,051 | 1,220 | 809 | -2,127 | -4,760 | -4,859 | 6,687 | 10,759 | 13,325 | 6,167 | -6,383 | -7,492 | -5,694 | -955 | 6,632 | 8,535 | 3,740 | 7,116 | 7,372 | 5,044 | 4,637 | 6,943 | 10,043 | 9,378 | 5,196 | -247 | -6,035 | -7,619 | 636 | 4,743 | 5,667 | 6,646 | -2,043 | -42 | 0 | 0 | 0 |
Payables | ||||||||||||||||||||||||||||||||||||
11,619 | 11,642 | 3,485 | 528 | -849 | -9,868 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Prepaid expenses and other current assets | ||||||||||||||||||||||||||||||||||||
6,240 | 7,732 | 5,295 | 5,907 | 5,577 | 5,062 | 7,230 | 5,604 | 5,004 | 6,237 | 5,305 | 4,817 | 4,249 | 961 | 636 | 507 | 1,568 | 1,632 | 2,880 | 3,015 | 2,301 | 2,060 | 226 | 29 | -598 | -368 | 1,196 | 540 | 244 | 905 | -960 | -423 | -521 | 850 | 0 | 0 | 0 |
Other liabilities | ||||||||||||||||||||||||||||||||||||
830 | 1,600 | 9,858 | 4,976 | 6,942 | 9,906 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Liabilities other than debt | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 13,637 | 6,545 | -1,357 | 3,108 | 3,698 | 2,097 | 9,222 | 3,774 | -7,560 | -2,410 | -5,582 | -4,139 | -2,012 | 1,831 | -1,537 | -4,159 | -683 | -6,008 | -10,104 | -188 | 244 | -1,243 | 4,539 | -1,285 | 0 | 0 | 0 |
Total adjustments | ||||||||||||||||||||||||||||||||||||
45,230 | 33,537 | 35,464 | 39,782 | 40,322 | 32,560 | 19,921 | 8,697 | 10,750 | 15,180 | 28,480 | 31,566 | 17,388 | 23,890 | 19,553 | 13,143 | 17,501 | 9,893 | 5,889 | 14,563 | 12,661 | 6,057 | 4,202 | 2,739 | 4,749 | 10,201 | 15,807 | 12,397 | 4,213 | 6,770 | 5,140 | 5,820 | 14,180 | 12,156 | 0 | 0 | 0 |
Net cash provided by operations | ||||||||||||||||||||||||||||||||||||
93,437 | 80,714 | 81,606 | 76,054 | 71,390 | 60,350 | 43,705 | 37,605 | 44,118 | 49,751 | 61,931 | 65,834 | 50,442 | 56,185 | 51,218 | 44,343 | 47,202 | 35,831 | 32,345 | 42,923 | 41,934 | 35,735 | 34,259 | 31,614 | 31,091 | 34,818 | 39,528 | 35,926 | 28,903 | 34,802 | 28,875 | 27,578 | 36,330 | 31,317 | 0 | 0 | 0 |
Investing activities: | ||||||||||||||||||||||||||||||||||||
Property, plant and equipment expenditures | ||||||||||||||||||||||||||||||||||||
7,278 | 7,496 | 7,013 | 7,867 | 7,760 | 8,643 | 10,734 | 13,549 | 14,306 | 15,069 | 14,301 | 11,845 | 11,155 | 10,596 | 14,743 | 17,675 | 19,816 | 19,766 | 16,428 | 14,291 | 12,201 | 12,332 | 13,771 | 14,415 | 14,836 | 14,311 | 12,994 | 11,330 | 9,711 | 8,202 | 6,164 | 5,383 | 5,014 | 5,336 | 0 | 0 | 0 |
Acquisitions, net of cash acquired | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 20,376 | 20,176 | 20,176 | 2,000 | 1,800 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | 51,518 | 51,517 | 51,517 | 50,261 | 3,954 | 0 | 0 | 0 |
Net cash used for investing activities | ||||||||||||||||||||||||||||||||||||
-7,278 | -7,496 | -7,013 | -7,867 | -15,808 | -16,691 | -20,782 | -23,597 | -34,482 | -35,445 | -34,477 | -32,021 | -13,155 | -12,396 | -16,277 | -19,582 | -21,723 | -21,673 | -36,130 | -33,620 | -33,030 | -33,161 | -16,208 | -21,435 | -30,237 | -29,712 | -27,459 | -21,212 | -10,968 | -59,720 | -57,681 | -56,900 | -55,275 | -9,290 | 0 | 0 | 0 |
Financing activities: | ||||||||||||||||||||||||||||||||||||
Net decrease in short-term debt | ||||||||||||||||||||||||||||||||||||
- | -13,500 | -26,079 | -32,512 | -31,512 | -21,012 | -3,468 | 2,215 | 9,750 | 6,376 | -9,975 | -13,125 | -22,610 | -33,096 | -17,509 | -19,298 | -14,898 | -3,960 | 6,446 | 5,535 | 3,447 | 6,653 | -3,101 | 2,299 | 9,739 | 3,205 | -6,166 | -11,651 | -7 | 65,136 | 68,304 | 71,627 | 49,642 | -11,893 | 0 | 0 | 0 |
Payment of contingent acquisition consideration | ||||||||||||||||||||||||||||||||||||
- | 2,555 | 1,650 | 3,684 | 3,034 | 2,034 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Dividends paid | ||||||||||||||||||||||||||||||||||||
19,176 | 18,595 | 18,022 | 17,440 | 16,852 | 16,265 | 15,666 | 15,084 | 14,649 | 14,215 | 13,779 | 13,343 | 12,905 | 12,461 | 12,018 | 11,574 | 11,420 | 11,261 | 11,102 | 10,943 | 10,786 | 10,633 | 10,478 | 10,321 | 10,163 | 10,004 | 9,832 | 9,688 | 9,545 | 9,513 | 9,515 | 9,492 | 9,311 | 9,023 | 0 | 0 | 0 |
Proceeds from exercise of stock options | ||||||||||||||||||||||||||||||||||||
1,968 | 1,961 | 1,473 | 1,960 | 1,683 | 1,443 | 981 | 432 | 792 | 1,215 | 1,226 | 1,520 | 1,160 | 568 | 880 | 433 | 1,576 | 1,641 | 1,443 | 1,450 | 440 | 730 | 927 | 1,206 | 1,437 | 1,640 | 1,361 | 1,157 | 815 | 382 | 276 | 211 | 345 | 236 | 0 | 0 | 0 |
Tax benefit on stock options | ||||||||||||||||||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 141 | 173 | 207 | -58 | 38 | 180 | 169 | 164 | 382 | 437 | 545 | 557 | 297 | 247 | 164 | 232 | 190 | 0 | 0 | 0 |
Repurchase of treasury stock | ||||||||||||||||||||||||||||||||||||
5,801 | 5,207 | 3,702 | 5,643 | 5,049 | 4,795 | 5,176 | 3,103 | 3,779 | 4,402 | 3,677 | 3,288 | 2,242 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | 30,000 | 0 | 0 | 0 | - | - | - | - |
Issuance of treasury stock | ||||||||||||||||||||||||||||||||||||
190 | 187 | 136 | 189 | 510 | 523 | 535 | 498 | 576 | 600 | 605 | 979 | 535 | 518 | 482 | 85 | 482 | 470 | 541 | 542 | 463 | 469 | 471 | 402 | 417 | 498 | 497 | 566 | 579 | 477 | 455 | 467 | 512 | 493 | 0 | 0 | 0 |
Net cash used for financing activities | ||||||||||||||||||||||||||||||||||||
-30,874 | -37,709 | -47,844 | -57,130 | -54,254 | -42,140 | -24,828 | -15,042 | -7,310 | -10,426 | -25,600 | -27,257 | -36,062 | -44,471 | -28,318 | -30,532 | -24,168 | -12,969 | -2,501 | -3,209 | -6,494 | -2,743 | -12,001 | -6,245 | 1,594 | -4,279 | -13,703 | -19,071 | -20,588 | 26,779 | 29,767 | 32,977 | 24,407 | -19,997 | 0 | 0 | 0 |
Effect of foreign exchange rates on cash | ||||||||||||||||||||||||||||||||||||
58 | 276 | 350 | 712 | 173 | 403 | -860 | -691 | -105 | -54 | 871 | 428 | 150 | -143 | -29 | -39 | 252 | 318 | -5 | -176 | -445 | -438 | -305 | 110 | 173 | -118 | 199 | 560 | -221 | -282 | -692 | -1,417 | -1,118 | -144 | 0 | 0 | 0 |
Increase in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||
55,343 | 35,785 | 27,099 | 11,769 | 1,501 | 1,922 | -2,765 | -1,725 | 2,221 | 3,826 | 2,725 | 6,984 | 1,375 | -825 | 6,594 | -5,810 | 1,563 | 1,507 | -6,291 | 5,918 | 1,965 | -607 | 5,745 | 4,044 | 2,621 | 709 | -1,435 | -3,797 | -2,874 | 1,579 | 269 | 2,238 | 4,344 | 1,886 | 0 | 0 | 0 |
Supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||
Cash paid during the year for: | ||||||||||||||||||||||||||||||||||||