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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows - operating activities:    
Net income (in US dollars) $ 252,068 $ 174,050
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 25,393 23,106
Amortization of identifiable intangible assets 32,100 30,031
Non-cash share-based compensation expense 7,535 6,463
Other reconciling items (3,685) 2,290
Changes in operating assets and liabilities, excluding the effect of businesses acquired (98,479) (254,791)
Net cash provided by (used in) operating activities 214,932 (18,851)
Cash flows - investing activities:    
Payments for acquisitions of businesses, net of cash acquired (22,384) (26,614)
Proceeds from sale or disposal of property, plant and equipment 10,514 1,033
Purchases of property, plant and equipment (36,564) (27,747)
Net cash used in investing activities (48,434) (53,328)
Cash flows - financing activities:    
Proceeds from revolving credit facility 100,000 100,000
Repayments of revolving credit facility (100,000) (100,000)
Repayments of finance lease liabilities (1,477) (1,889)
Dividends paid to stockholders (15,714) (13,619)
Repurchases of common stock (105,299) (454,317)
Taxes paid related to net share settlements of equity awards (5,295) (7,239)
Issuances of common stock under employee stock purchase plan 4,441 4,023
Payments for contingent consideration arrangements (3,026) (2,049)
Net cash used in financing activities (126,370) (475,090)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 5,856 (11,757)
Increase (decrease) in cash, cash equivalents, and restricted cash 45,984 (559,026)
Cash, cash equivalents, and restricted cash at beginning of year (1) [1] 457,068 822,568
Cash, cash equivalents, and restricted cash at end of period (2) [2] $ 503,052 $ 263,542
[1] Includes $0.6 million and $1.2 million of restricted cash classified as “Prepaid expenses and other” in the Consolidated Balance Sheets as of December 31, 2022 and 2021, respectively.
[2] Includes $1.2 million of restricted cash classified as “Prepaid expenses and other” in the Consolidated Balance Sheets as of June 30, 2022.