Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 359,309 $ 307,221
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 55,402 54,440
Excess tax benefits from share-based payment arrangements (28,073) (24,030)
Share-based compensation expenses 20,850 17,244
Amortization of discount and deferred financing costs 1,135 721
Deferred income taxes (9,246) (7,000)
Unrealized foreign exchange transaction (gain) loss (3,529) 8,324
Write-off of deferred financing costs   914
Other 172 1,383
Changes in operating assets and liabilities:    
Receivables (26,444) (31,834)
Inventories (58,705) (51,649)
Prepaid expenses and other current assets (7,977) (3,733)
Other assets (3,098) (4,742)
Accounts payable 22,674 19,484
Royalty overrides 22,432 33,851
Accrued expenses and accrued compensation 20,028 7,579
Advance sales deposits 7,384 27,416
Income taxes 22,561 35,914
Deferred compensation plan liability 5,015 2,123
NET CASH PROVIDED BY OPERATING ACTIVITIES 399,890 393,626
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property, plant and equipment (59,229) (61,514)
Proceeds from sale of property, plant and equipment 243 213
Deferred compensation plan assets (3,466) (527)
NET CASH USED IN INVESTING ACTIVITIES (62,452) (61,828)
CASH FLOWS FROM FINANCING ACTIVITIES    
Dividends paid (102,687) (62,177)
Borrowings from long-term debt 1,387,557 791,700
Principal payments on long-term debt (1,090,748) (747,896)
Deferred financing costs (4,460) (5,728)
Share repurchases (506,331) (268,795)
Excess tax benefits from share-based payment arrangements 28,073 24,030
Proceeds from exercise of stock options and sale of stock under employee stock purchase plan 10,819 15,947
NET CASH USED IN FINANCING ACTIVITIES (277,777) (252,919)
EFFECT OF EXCHANGE RATE CHANGES ON CASH 3,286 (7,908)
NET CHANGE IN CASH AND CASH EQUIVALENTS 62,947 70,971
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 258,775 190,550
CASH AND CASH EQUIVALENTS, END OF PERIOD 321,722 261,521
CASH PAID DURING THE PERIOD    
Interest paid 10,263 6,457
Income taxes paid $ 123,063 $ 88,079