| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||
Cash flows from operating activities: | |||||||||||
Net (loss) income | |||||||||||
-199,897 | 149,630 | 230,155 | 229,382 | 218,629 | 199,794 | 186,652 | 170,492 | 144,595 | 152,624 | 99,365 | 101,634 |
Adjustments to reconcile net (loss) income to net cash provided by operating activities: | |||||||||||
Net loss from discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | -771 | 0 | -4,238 |
Depreciation | |||||||||||
16,502 | 16,572 | 15,868 | 14,498 | 16,000 | 16,767 | 17,822 | 19,922 | 21,547 | 20,946 | 22,463 | 21,881 |
Amortization of intangibles | |||||||||||
109,534 | 114,528 | 106,784 | 77,085 | 60,700 | 49,075 | 46,651 | 45,730 | 51,796 | 52,969 | 45,302 | 42,079 |
Operating lease expense | |||||||||||
19,113 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Asset Impairment Charges | |||||||||||
390,980 | 101,319 | 54,880 | 0 | 0 | 6,468 | 5,000 | 0 | 1,196 | 0 | 24,900 | 9,942 |
Amortization of prepaid product discounts | |||||||||||
24,055 | 22,941 | 19,969 | 20,185 | 18,741 | 18,105 | 17,197 | 17,110 | 16,659 | 19,745 | 24,550 | 26,618 |
Deferred income taxes | |||||||||||
-34,950 | -11,356 | -39,177 | 1,886 | -3,256 | -7,413 | -2,243 | 6,270 | 9,350 | 20,362 | 12,039 | -790 |
Share-based Payment Arrangement, Noncash Expense | |||||||||||
19,702 | 13,378 | 15,109 | 12,459 | 11,894 | 9,776 | 7,562 | 7,292 | 5,733 | 6,150 | 6,663 | 9,683 |
Gain (Loss) on Disposition of Assets | |||||||||||
-124 | 15,641 | 8,703 | 0 | - | - | - | - | - | - | - | - |
Loss on early debt extinguishment | |||||||||||
- | - | - | -7,858 | -8,917 | 0 | 0 | -5,258 | -6,995 | 0 | 9,834 | 0 |
Other non-cash items, net | |||||||||||
-13,220 | -8,030 | -7,708 | -7,267 | -2,454 | -11,162 | -10,741 | -9,371 | -10,612 | -12,802 | -15,111 | 21,912 |
Changes in assets and liabilities: | |||||||||||
Trade accounts receivable | |||||||||||
-5,609 | 16,795 | -5,279 | 23,414 | 4,525 | 21,095 | 14,754 | 2,915 | 6,648 | 3,962 | 1,481 | 10,578 |
Inventories and supplies | |||||||||||
-4,843 | 3,641 | 644 | -2,244 | 339 | 4,353 | 1,594 | 1,629 | 398 | 470 | -2,793 | 321 |
Other current assets | |||||||||||
10,568 | 12,032 | 7,976 | -49 | -8,629 | 8,199 | -7,032 | 1,982 | 1,538 | -1,864 | 2,109 | -1,807 |
Non-current assets | |||||||||||
5,360 | 6,913 | 5,710 | 5,054 | 2,532 | 4,153 | 5,976 | -424 | -2,261 | -928 | -5,403 | 5,404 |
Accounts payable | |||||||||||
5,130 | 4,366 | -7,796 | 15,888 | -4,528 | 12,218 | 886 | 228 | 3,460 | -5,193 | 1,868 | -9,768 |
Prepaid product discount payments | |||||||||||
25,637 | 23,814 | 27,079 | 23,068 | - | - | - | - | - | - | - | - |
Contract acquisition payments | |||||||||||
- | - | - | - | 12,806 | 16,567 | 12,133 | 16,952 | 12,190 | -22,087 | -29,250 | -9,008 |
Other accrued and non-current liabilities | |||||||||||
-45,747 | -1,257 | -20,236 | -17,953 | -8,347 | 23,513 | -1,341 | -14,542 | -18,063 | -44,834 | -11,345 | -34,430 |
Net cash provided by operating activities | |||||||||||
286,653 | 339,315 | 338,431 | 319,312 | 309,631 | 285,098 | 261,502 | 244,077 | 235,367 | 212,615 | 206,438 | 198,487 |
Cash flows from investing activities: | |||||||||||
Purchases of capital assets | |||||||||||
66,595 | 62,238 | 47,450 | 46,614 | 43,261 | 41,119 | 37,459 | 35,193 | 35,506 | 43,932 | 44,266 | 31,865 |
Payments to Acquire Businesses, Net of Cash Acquired | |||||||||||
11,605 | 214,258 | 139,223 | 239,664 | 212,990 | 105,029 | 69,709 | 34,172 | 85,641 | 98,621 | 30,825 | 104,879 |
Payments on company-owned life insurance policies | |||||||||||
- | - | - | - | - | - | - | - | 6,383 | 0 | 0 | - |
Loans to distributors | |||||||||||
- | - | - | - | - | - | - | 3,287 | 5,175 | 0 | 0 | - |
Purchases of customer lists | |||||||||||
- | - | - | - | - | - | - | - | - | - | 1,639 | 3,637 |
Purchases of marketable securities | |||||||||||
- | - | - | - | - | - | - | - | - | - | 4,581 | 0 |
Proceeds from company-owned life insurance policies | |||||||||||
- | - | - | 4,123 | 3,973 | 897 | 4,599 | 0 | 0 | 6,143 | 0 | 0 |
Purchases of customer funds marketable securities | |||||||||||
7,642 | 7,807 | 7,737 | 7,869 | - | - | - | - | - | - | - | - |
Proceeds from customer funds marketable securities | |||||||||||
7,642 | 7,807 | 11,237 | 9,504 | 0 | - | - | - | - | - | 914 | 0 |
Proceeds from sale of facility | |||||||||||
- | - | - | - | - | 8,451 | 0 | 2,613 | 699 | 0 | - | 4,181 |
Other | |||||||||||
-2,449 | -1,082 | -2,282 | -1,009 | -1,138 | -757 | -1,519 | -1,526 | -221 | -240 | 1,391 | -427 |
Net cash used by investing activities | |||||||||||
-75,751 | -275,414 | -180,891 | -279,511 | -251,140 | -136,043 | -101,050 | -68,513 | -131,785 | -136,170 | -81,788 | -135,773 |
Cash flows from financing activities: | |||||||||||
Proceeds from short-term borrowings | |||||||||||
- | - | - | - | - | - | 0 | 0 | -7,000 | -19,000 | -52,000 | 10,800 |
Proceeds from issuing long-term debt | |||||||||||
241,500 | 1,280,000 | 403,000 | 559,000 | 505,750 | 246,500 | - | 200,000 | 200,000 | 0 | 0 | - |
Payments on long-term debt | |||||||||||
268,000 | 1,078,853 | 454,165 | 442,189 | 439,812 | 340,903 | 1,555 | 288,938 | 215,030 | 0 | 22,627 | 1,755 |
Net change in customer funds obligations | |||||||||||
12,598 | 20,279 | -6,007 | 1,723 | - | - | - | - | - | - | - | - |
Payments for debt issue costs | |||||||||||
- | - | - | - | - | - | 236 | 4,504 | 3,513 | 2,361 | 0 | 0 |
Change in book overdrafts | |||||||||||
- | - | - | - | - | - | - | -2,600 | -136 | -693 | -3,360 | -6,370 |
Proceeds from issuing shares under employee plans | |||||||||||
3,198 | 7,523 | 9,033 | 9,114 | 5,895 | 9,148 | 15,948 | 12,320 | 7,671 | 3,267 | 1,972 | 2,801 |
Excess tax benefit from share-based employee awards | |||||||||||
- | - | - | - | 2,244 | 4,992 | 3,055 | 2,285 | 1,052 | 680 | 68 | 112 |
Employee taxes paid for shares withheld | |||||||||||
3,935 | 7,977 | 9,377 | 5,589 | 1,698 | 4,703 | - | - | - | - | - | - |
Payments for common shares repurchased | |||||||||||
118,547 | 200,000 | 65,000 | 55,224 | 59,952 | 60,119 | 48,798 | 27,155 | 23,620 | 2,999 | 1,319 | 21,847 |
Cash dividends paid to shareholders | |||||||||||
51,742 | 56,669 | 58,098 | 58,720 | 59,755 | 57,603 | 50,711 | 50,918 | 51,126 | 51,435 | 51,279 | 51,422 |
Other | |||||||||||
-1,866 | -4,128 | -2,342 | -2,117 | -1,059 | -1,360 | 0 | 0 | - | - | - | - |
Net cash provided (used) by financing activities | |||||||||||
-186,794 | -39,825 | -182,956 | 5,998 | -48,387 | -204,048 | -82,297 | -159,510 | -91,702 | -72,541 | -128,545 | -67,681 |
Effect of exchange rate change on cash, cash equivalents, restricted cash and restricted cash equivalents | |||||||||||
5,444 | -7,636 | 5,370 | 2,363 | -9,218 | -4,555 | -2,501 | 694 | -576 | 690 | 1,594 | -2,053 |
Net change in cash, cash equivalents, restricted cash and restricted cash equivalents | |||||||||||
29,552 | 16,440 | -20,046 | 48,162 | 886 | -59,548 | 75,654 | 16,748 | 11,304 | 4,594 | -2,801 | -6,025 |
Cash Used By Operating Activities Of Discontinued Operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | -470 | 995 |
Cash Used By Investing Activities Of Discontinued Operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | -30 | 0 |