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
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING ACTIVITIES    
Net Income $ 23,179 $ 23,080
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 9,894 9,767
Provision for deferred income taxes 1,247 2,506
Provision for bad debts (94) 112
Stock based compensation expense 2,546 2,372
Excess tax benefits from share-based payments (2,680) (2,590)
Other, net (29) (58)
Changes in operating assets and liabilities 4,723 1,900
Net cash provided by operating activities 38,786 37,089
INVESTING ACTIVITIES    
Cash used for acquisitions of companies, net of cash acquired (929) (6,826)
Purchases of equipment and property (4,739) (3,714)
Other 56 142
Net cash used in investing activities (5,612) (10,398)
FINANCING ACTIVITIES    
Cash paid for common stock purchased (4,478) (4,688)
Dividends paid (13,146) (11,726)
Proceeds received upon exercise of stock options 6  
Excess tax benefits from share-based payments 2,680 2,590
Net cash used in financing activities (14,938) (13,824)
Effect of exchange rate changes on cash (839) 542
Net increase in cash and cash equivalents 17,397 13,409
Cash and cash equivalents at beginning of period 65,082 46,275
Cash and cash equivalents at end of period $ 82,479 $ 59,684