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, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net earnings $ 126,340 $ 44,767
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation of property, plant and equipment 34,967 31,207
Amortization of deferred financing costs 901 901
Amortization of intangible assets 701 679
Provision for bad debts and returns 9,460 3,362
Tax (benefits) expense from share-based compensation 209 (4)
Non-cash share-based compensation 4,934 1,761
Loss on disposal of property, plant and equipment 413 233
Deferred income tax expense 24,664 12,043
(Increase) decrease in assets:    
Receivables (123,410) (58,930)
Inventories (7,800) 27,308
Prepaid expenses and other current assets (19,155) 3,755
Other assets 662 (3,551)
Increase (decrease) in liabilities:    
Accounts payable 52,703 (16,158)
Accrued expenses 14,250 (1,617)
Net cash provided by operating activities 119,839 45,756
Cash flows from investing activities:    
Capital expenditures (41,976) (29,542)
Net cash used in investing activities (41,976) (29,542)
Cash flows from financing activities:    
Net proceeds from the issuances of stock through employee stock purchase plan and the exercise of stock options 1,721 1,492
Payments on long-term debt (8,986) (8,719)
Proceeds (payments) on short-term borrowings 3 (2,339)
Excess tax benefits from share-based compensation 0 64
Contribution from non-controlling interests of consolidated entity 83 3,635
Distributions to non-controlling interests of consolidated entity (3,250) (2,575)
Net cash used in financing activities (10,429) (8,442)
Net increase in cash and cash equivalents 67,434 7,772
Effect of exchange rates on cash and cash equivalents 1,345 (785)
Cash and cash equivalents at beginning of the period 372,011 325,826
Cash and cash equivalents at end of the period 440,790 332,813
Cash paid during the period for:    
Interest 7,974 7,999
Income taxes $ 24,179 $ 5,546