CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 

(In thousands)

(Unaudited)

First Three Quarters of

2013

2012

Cash flow from operating activities:

    Net Income

$        158,505

$ 157,037

    Adjustments to reconcile net income to net cash provided by

       operating activities:

         Depreciation expense

19,630

16,910

         Amortization expense

120,713

89,315

         Provision for doubtful accounts

1,204

1,428

         Deferred income taxes

(13,520)

646

         Stock-based compensation

26,158

23,628

         Income from equity method investments

(15,908)

(19,708)

         Excess tax benefit for stock-based compensation

(8,803)

(16,673)

         Provision for excess and obsolete inventories

1,551

6,372

         Other non-cash items

738

(3,019)

    Add decrease (increase) in assets:

         Accounts receivables

(28,466)

(39,496)

         Other receivables

4,047

(7,996)

         Inventories

2,645

(4,650)

         Other current and non-current assets

(22,765)

(2,844)

    Add increase (decrease) in liabilities:

         Accounts payable

(22,467)

7,828

         Accrued compensation and benefits

(2,738)

6,375

         Deferred revenue

46,891

12,390

         Accrued warranty expense

347

(2,491)

         Other current and non-current liabilities

10,646

18,842

 Net cash provided by operating activities 

278,408

243,894

 Cash flow from investing activities: 

      Acquisitions of businesses, net of cash acquired 

(200,401)

(355,484)

      Acquisitions of property and equipment 

(57,646)

(34,126)

      Dividends received from equity method investments 

7,672

2,140

      Increase in restricted cash 

(6,696)

-

      Other 

663

(492)

 Net cash used in investing activities 

(256,408)

(387,962)

 Cash flow from financing activities: 

      Issuance of common stock, net of tax withholdings 

37,667

37,142

      Excess tax benefit for stock-based compensation 

8,803

16,673

      Proceeds from long-term debt and revolving credit lines 

332,021

478,556

      Payments on short-term and long-term debt  

(440,886)

(401,062)

 Net cash provided by (used in) financing activities 

(62,395)

131,309

 Effect of exchange rate changes on cash and cash equivalents 

(2,119)

(22)

 Net decrease in cash and cash equivalents 

(42,514)

(12,781)

 Cash and cash equivalents - beginning of period 

157,771

154,621

 Cash and cash equivalents - end of period 

$        115,257

$ 141,840