| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||||
906,000 | 788,000 | 824,000 | 696,000 | 753,000 | 592,000 | 883,000 | 592,000 | 506,000 | 757,017 | 766,222 | 613,195 | 366,449 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
Depreciation, Depletion and Amortization | ||||||||||||
329,000 | 309,000 | 270,000 | 249,000 | 304,000 | 314,000 | 283,000 | 287,000 | 281,000 | 253,964 | 256,687 | 264,593 | 237,879 |
Provision for doubtful accounts | ||||||||||||
11,000 | 6,000 | 8,000 | 7,000 | 297,000 | 296,000 | 270,000 | 269,000 | 280,000 | 291,737 | 320,974 | 326,228 | 300,226 |
Deferred income tax provision | ||||||||||||
15,000 | 73,000 | 9,000 | 37,000 | 112,000 | 23,000 | 19,000 | 7,000 | 29,000 | -18,878 | 83,120 | 549 | -1,575 |
Stock-based compensation expense | ||||||||||||
56,000 | 61,000 | 79,000 | 69,000 | 52,000 | 51,000 | 28,000 | 50,000 | 72,000 | 53,927 | 75,059 | 70,581 | 56,853 |
(Gains) losses on sale of property, plant and equipment | ||||||||||||
70,000 | -6,000 | -2,000 | - | - | - | - | - | - | - | - | - | - |
Loss (gain) on disposition of business | ||||||||||||
- | - | - | 118,000 | 334,000 | 0 | 0 | - | - | - | - | - | - |
Payment for debt extinguishment costs | ||||||||||||
- | - | - | 43,000 | - | - | - | - | - | - | - | - | - |
Excess tax benefits from stock-based compensation arrangements | ||||||||||||
- | - | - | - | - | - | 4,000 | 4,000 | 4,000 | 884 | 5,540 | -2,420 | -13,981 |
Gain on sale of royalty rights | ||||||||||||
- | - | - | - | - | - | 474,000 | 0 | 0 | - | - | - | - |
Asset impairment and loss on sale of business, net | ||||||||||||
- | - | - | - | - | - | - | 86,000 | 0 | 0 | - | - | - |
Provision for special charge | ||||||||||||
- | - | - | - | - | - | - | - | 236,000 | 0 | - | 72,650 | 238,781 |
Other, net | ||||||||||||
39,000 | -6,000 | 8,000 | 2,000 | -6,000 | 12,000 | -19,000 | 8,000 | -8,000 | -22,967 | -29,699 | 13,772 | 8,310 |
Changes in operating assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
63,000 | 65,000 | -9,000 | 42,000 | 262,000 | 312,000 | 247,000 | 243,000 | 307,000 | 309,932 | 314,102 | -282,634 | -265,347 |
Accounts payable and accrued expenses | ||||||||||||
73,000 | -19,000 | -8,000 | 56,000 | -24,000 | 74,000 | -21,000 | -13,000 | -18,000 | 18,235 | 56,533 | -12,565 | -5,431 |
Settlement of special charge | ||||||||||||
- | - | - | - | - | - | - | - | 241,000 | 0 | 314,386 | - | - |
Settlement and other special charges | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 | -14,013 |
Income taxes payable | ||||||||||||
29,000 | 4,000 | 16,000 | 42,000 | -41,000 | -84,000 | -93,000 | 100,000 | 39,000 | 33,732 | 21,190 | 24,653 | 3,213 |
Termination of interest rate swap agreements | ||||||||||||
- | - | - | 54,000 | 0 | 0 | - | 72,000 | 0 | 0 | - | - | - |
Other assets and liabilities, net | ||||||||||||
4,000 | -31,000 | 26,000 | -25,000 | 42,000 | -2,000 | 11,000 | 8,000 | -14,000 | -16,162 | -21,962 | -25,553 | 15,560 |
Net cash provided by operating activities | ||||||||||||
1,243,000 | 1,200,000 | 1,175,000 | 1,116,000 | 821,000 | 944,000 | 652,000 | 1,187,000 | 895,000 | 1,118,047 | 997,418 | 1,063,049 | 926,924 |
Cash flows from investing activities: | ||||||||||||
Payments to Acquire Businesses, Net of Cash Acquired | ||||||||||||
58,000 | 421,000 | 581,000 | 139,000 | 67,000 | 728,000 | 213,000 | 51,000 | 1,299,000 | 0 | 18,295 | -8,066 | 1,535,826 |
Proceeds from disposition of business | ||||||||||||
0 | 2,000 | 1,000 | 295,000 | 0 | 0 | 296,000 | 0 | 0 | - | - | - | - |
Proceeds from disposition of property, plant, and equipment | ||||||||||||
91,000 | 2,000 | 1,000 | - | - | - | - | - | - | - | - | - | - |
Escrow proceeds associated with disposition of business | ||||||||||||
- | - | - | - | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of royalty rights | ||||||||||||
- | - | - | - | - | - | 474,000 | 0 | 0 | - | - | - | - |
Sale of securities acquired in business acquisition | ||||||||||||
- | - | - | - | - | - | - | - | 214,000 | 0 | - | - | - |
Capital expenditures | ||||||||||||
400,000 | 383,000 | 252,000 | 293,000 | 263,000 | 308,000 | 231,000 | 182,000 | 161,000 | 205,400 | 166,928 | 212,681 | 219,101 |
Investment in equity method investee | ||||||||||||
- | - | - | - | 33,000 | 0 | 0 | - | - | - | - | - | - |
Increase in investments and other assets | ||||||||||||
44,000 | 1,000 | -1,000 | -10,000 | -1,000 | -11,000 | -2,000 | -16,000 | -3,000 | 11,110 | 10,681 | -5,732 | 4,266 |
Net cash used in investing activities | ||||||||||||
-411,000 | -801,000 | -830,000 | -127,000 | -362,000 | -1,025,000 | 328,000 | -217,000 | -1,243,000 | -216,510 | -195,904 | -198,883 | -1,759,193 |
Cash flows from financing activities: | ||||||||||||
Proceeds from borrowings | ||||||||||||
2,281,000 | 2,090,000 | 205,000 | 1,869,000 | 2,453,000 | 2,018,000 | 896,000 | 715,000 | 2,689,000 | 0 | 1,245,525 | 22,929 | 3,754,490 |
Repayments of debt | ||||||||||||
1,449,000 | 1,966,000 | 182,000 | 1,728,000 | 2,537,000 | 1,647,000 | 900,000 | 1,369,000 | 1,710,000 | 169,491 | -1,218,538 | -481,870 | -2,705,369 |
(Decrease) increase in book overdrafts | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -24,950 |
Purchases of treasury stock | ||||||||||||
353,000 | 322,000 | 465,000 | 590,000 | 224,000 | 132,000 | 1,037,000 | 200,000 | 935,000 | 750,000 | 499,991 | 253,997 | 145,660 |
Exercise of stock options | ||||||||||||
119,000 | 99,000 | 130,000 | 73,000 | 60,000 | 78,000 | 138,000 | 162,000 | 137,000 | 48,535 | 87,120 | 30,511 | 80,928 |
Employee payroll tax withholdings on stock issued under stock-based compensation plans | ||||||||||||
16,000 | 21,000 | 23,000 | 10,000 | 7,000 | 6,000 | 4,000 | 4,000 | 4,000 | 884 | 5,540 | 2,420 | 13,981 |
Dividends paid | ||||||||||||
286,000 | 266,000 | 247,000 | 223,000 | 212,000 | 187,000 | 185,000 | 108,000 | 65,000 | 71,321 | 74,748 | 77,964 | 77,327 |
Distributions to noncontrolling interest partners | ||||||||||||
54,000 | 54,000 | 51,000 | 41,000 | 42,000 | 31,000 | 32,000 | 38,000 | 36,000 | 36,739 | 35,524 | 32,931 | 24,678 |
Payment of debt extinguishment costs | ||||||||||||
- | - | - | 43,000 | - | - | - | - | - | - | - | - | - |
Contributions from noncontrolling interest partners | ||||||||||||
0 | 16,000 | 4,000 | 0 | 63,000 | 0 | 0 | - | - | - | - | - | - |
Payment of deferred business acquisition consideration | ||||||||||||
- | - | - | - | 51,000 | 0 | 0 | - | - | - | - | - | - |
Other financing activities, net | ||||||||||||
-17,000 | 23,000 | 37,000 | -45,000 | -21,000 | -7,000 | 10,000 | 12,000 | -20,000 | -8,360 | -30,588 | 13,088 | -21,192 |
Net cash (used in) provided by financing activities | ||||||||||||
225,000 | -401,000 | -592,000 | -738,000 | -518,000 | 86,000 | -1,106,000 | -822,000 | 64,000 | -986,492 | -521,204 | -777,814 | 850,223 |
Net change in cash and cash equivalents and restricted cash | ||||||||||||
1,057,000 | -2,000 | -247,000 | 251,000 | -59,000 | 5,000 | -126,000 | 148,000 | -284,000 | -84,955 | 280,310 | 86,352 | 17,954 |
Change in cash and cash equivalents included in assets held for sale | ||||||||||||
- | - | - | - | - | - | 17,000 | -17,000 | 0 | 0 | - | - | - |