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
 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
OPERATING ACTIVITIES    
Net Income $ 79,116 $ 70,796
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 27,825 27,043
Provision for deferred income taxes 2,545 (3,370)
Provision for bad debts 5,920 5,480
Stock based compensation expense 5,645 5,859
Excess tax benefits from share-based payments (2,270) (970)
Other, net (645) (521)
Changes in operating assets and liabilities (3,030) (11,898)
Net cash provided by operating activities 115,106 92,419
INVESTING ACTIVITIES    
Cash used for acquisitions of companies, net of cash acquired (9,262) (20,890)
Purchases of equipment and property (13,381) (6,790)
Other 219 143
Net cash used in investing activities (22,424) (27,537)
FINANCING ACTIVITIES    
Repayments, under line of credit agreement, net (26,000) (6,000)
Cash paid for common stock purchased (28,825) (29,573)
Dividends paid (30,890) (26,712)
Changes in cash overdraft position, net 1,000 7,000
Proceeds received upon exercise of stock options 19 251
Principal payments on capital lease obligations (38) (192)
Excess tax benefits from share-based payments 2,270 970
Net cash used in financing activities (82,464) (54,256)
Effect of exchange rate changes on cash (912) 120
Net increase in cash and cash equivalents 9,306 10,746
Cash and cash equivalents at beginning of period 20,913 9,504
Cash and cash equivalents at end of period $ 30,219 $ 20,250