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Condensed Consolidated Unaudited Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 140,489 $ 151,714
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 12,898 11,656
Share-based compensation 10,140 8,174
Deferred income tax provision 1,676 1,156
Other income from investment in unconsolidated entity (5,117) (4,409)
Other, net 6,475 5,644
Changes in operating assets and liabilities, net of effects of acquisition:    
Accounts receivable (146,512) (146,441)
Inventories 63,432 (117,591)
Accounts payable and other liabilities 182,957 161,685
Other, net (5,183) (3,141)
Net cash provided by operating activities 261,255 68,447
Cash flows from investing activities:    
Capital expenditures (8,019) (9,197)
Business acquisitions, net of cash acquired   (16,761)
Investment in unconsolidated entity   (4,940)
Proceeds from sale of property and equipment 37 92
Net cash used in investing activities (7,982) (30,806)
Cash flows from financing activities:    
Dividends on Common and Class B common stock (129,315) (120,178)
Net (repayments) proceeds under revolving credit agreement (122,343) 84,400
Repurchases of common stock to satisfy employee withholding tax obligations (1,034) (983)
Net repayments of long-term obligations (651) (230)
Payment of fees related to revolving credit agreement (189)  
Purchase of additional ownership from non-controlling interest   (32,400)
Proceeds from non-controlling interest for investment in unconsolidated entity   988
Net proceeds from issuances of common stock 6,233 3,076
Net cash used in financing activities (247,299) (65,327)
Effect of foreign exchange rate changes on cash and cash equivalents (855) 707
Net increase (decrease) in cash and cash equivalents 5,119 (26,979)
Cash and cash equivalents at beginning of period 74,454 82,894
Cash and cash equivalents at end of period $ 79,573 55,915
Supplemental cash flow information:    
Common stock issued for Dunphey & Associates Supply Co., Inc.   $ 7,450