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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 889,950 $ 1,056,161
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 46,040 37,854
Non-cash lease expense 5,180 2,862
Gain on disposal of property and equipment (253) (984)
Stock-based compensation 49,167 52,391
Deferred income taxes 29,710 353
Effect on cash of changes in operating assets and liabilities net of acquisition:    
Accounts receivable (202,447) (199,481)
Inventories (297,140) (149,414)
Prepaid expenses and other assets (39,204) (41,162)
Prepaid income taxes 7,867 (7,365)
Accounts payable 52,663 106,570
Accrued liabilities (2,572) 39,387
Accrued promotional allowances 89,236 51,022
Accrued compensation (6,636) (2,888)
Income taxes payable (12,823) (114)
Other liabilities (3,492) 574
Deferred revenue (16,060) (17,784)
Net cash provided by operating activities 589,186 927,982
CASH FLOWS FROM INVESTING ACTIVITIES:    
Sales of available-for-sale investments 1,823,943 1,016,556
Purchases of available-for-sale investments (1,393,910) (1,343,351)
Acquisition of CANarchy, net of cash (329,472) 0
Purchases of property and equipment (136,158) (28,131)
Proceeds from sale of property and equipment 603 1,246
Additions to intangibles (3,578) (5,211)
Increase in other assets (19,171) (22,809)
Net cash used in investing activities (57,743) (381,700)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on debt (719) (1,814)
Issuance of common stock 34,759 37,160
Purchases of common stock held in treasury (493,315) (13,818)
Net cash (used in) provided by financing activities (459,275) 21,528
Effect of exchange rate changes on cash and cash equivalents (95,582) (35,552)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (23,414) 532,258
CASH AND CASH EQUIVALENTS, beginning of period 1,326,462 1,180,413
CASH AND CASH EQUIVALENTS, end of period 1,303,048 1,712,671
Cash paid during the period for:    
Interest 359 99
Income taxes $ 297,526 $ 338,584