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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net Income (Loss) Attributable to Parent $ 111,805 $ 93,304
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 9,767 9,157
Amortization 12,222 11,735
Deferred tax benefit (14,939) (6,416)
Share-based compensation 4,482 4,354
Other 22 (1,269)
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 45,410 54,302
Inventories (13,092) (15,707)
Other current assets (6,678) 2,419
Trade accounts payable (24,326) (3,451)
Taxes payable 3,150 (11,640)
Other Operating Activities, Cash Flow Statement (29,028) (60,224)
Net cash provided by operating activities 98,795 76,564
Cash flows from investing activities:    
Proceeds from sale of property, plant and equipment 72 4,507
Purchase of property, plant and equipment (22,404) (29,774)
Payments to Acquire Businesses, Net of Cash Acquired 0 (500)
Payments for (Proceeds from) Derivative Instrument, Investing Activities 4,802 3,304
Net cash used in investing activities (17,530) (22,463)
Cash flows from financing activities:    
Proceeds from borrowings 302,707 336,512
Repayments of borrowings (271,646) (331,114)
Proceeds from stock option exercises 28,990 5,669
Repurchases of common stock (186,250) (118,750)
Payment for Contingent Consideration Liability, Financing Activities (10,000) 0
Net cash used in financing activities (136,199) (107,683)
Effect of exchange rate changes on cash and cash equivalents 3,304 3,844
Net (decrease) increase in cash and cash equivalents (51,630) (49,738)
Cash and cash equivalents:    
Beginning of period 178,110 148,687
End of period $ 126,480 $ 98,949