Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
OPERATING ACTIVITIES    
Net Income $ 59,173 $ 56,207
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 19,662 19,380
Provision for deferred income taxes 963 2,960
Provision for bad debts 2,438 3,078
Stock based compensation expense 5,092 4,749
Excess tax benefits from share-based payments (3,132) (2,932)
Other, net (63) (71)
Changes in operating assets and liabilities (10,992) (9,766)
Net cash provided by operating activities 73,141 73,605
INVESTING ACTIVITIES    
Cash used for acquisitions of companies, net of cash acquired (2,617) (10,099)
Purchases of equipment and property (9,614) (7,419)
Other 233 372
Net cash used in investing activities (11,998) (17,146)
FINANCING ACTIVITIES    
Cash paid for common stock purchased (9,145) (19,938)
Dividends paid (26,296) (23,435)
Proceeds received upon exercise of stock options 6  
Excess tax benefits from share-based payments 3,132 2,932
Net cash used in financing activities (32,303) (40,441)
Effect of exchange rate changes on cash (2,325) (233)
Net increase in cash and cash equivalents 26,515 15,785
Cash and cash equivalents at beginning of period 65,082 46,275
Cash and cash equivalents at end of period $ 91,597 $ 62,060