43 expd 02 Cash Flows In thousands Years ended December 31, 2002 2001 2000 Investing Activities: Decrease (increase) in short-term investments (31) 1,698 (818) Purchase of property and equipment (81,427) (37,382) (25,582) Proceeds from sale of property and equipment 4,151 789 702 Cash paid for note receivable secured by real estate (4,262) (10,208) – Cash held in escrow for real estate acquisition (31,250) – – Other (333) (7,754) (3,783) Net cash used in investing activities (113,152) (52,857) (29,481) Financing Activities: Repayments of short-term debt, net (395) (2,632) (14,501) Proceeds from issuance of common stock 16,760 15,279 10,241 Repurchases of common stock (16,595) (60,314) (11,502) Dividends paid (12,485) (10,409) (7,184) Net cash used in financing activities (12,715) (58,076) (22,946) Effect of exchange rate changes on cash 2,556 (7,009) (4,209) Increase (decrease) in cash and cash equivalents (6,818) 49,672 97,822 Cash and cash equivalents at beginning of year 218,677 169,005 71,183 Cash and cash equivalents at end of year $ 211,859 218,677 169,005 Interest and Taxes Paid: Interest $ 176 524 208 Income taxes 37,111 41,825 19,442 Non-Cash Investing Activities – A note receivable of $14,470 was applied toward the purchase of land and a building in 2002. See accompanying notes to consolidated financial statements.