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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 323,172 $ 295,775 $ 296,529
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 25,908 24,512 22,095
Share-based compensation 22,129 17,032 15,508
Non-cash contribution to 401(k) plan 4,543 4,274 2,945
Provision for doubtful accounts 2,688 3,948 2,619
Loss (gain) on sale of property and equipment 17 (585) 27
Deferred income tax provision 40 1,278 8,290
Other income from investment in unconsolidated entity (11,264) (10,256) (9,282)
Changes in operating assets and liabilities, net of effects of acquisitions:      
Accounts receivable (3,559) 8,457 (28,831)
Inventories, net 139,929 (15,525) (78,954)
Accounts payable and other liabilities 33,936 12,734 (57,398)
Other, net (3,160) (5,873) (2,991)
Net cash provided by operating activities 534,379 335,771 170,557
Cash flows from investing activities:      
Capital expenditures (16,436) (17,805) (17,153)
Business acquisitions, net of cash acquired   (59,672) (5,626)
Investment in unconsolidated entity   (4,940) (3,760)
Proceeds from sale of property and equipment 94 1,380 228
Net cash used in investing activities (16,342) (81,037) (26,311)
Cash flows from financing activities:      
Dividends on Common and Class B common stock (265,713) (241,412) (209,218)
Distributions to non-controlling interest (42,401) (39,272) (46,825)
Repurchases of common stock to satisfy employee withholding tax obligations (2,299) (1,528) (3,782)
Net (repayments) proceeds of other long-term obligations (1,441) (1,240) 269
Payment of fees related to revolving credit agreement (196)   (790)
Purchase of additional ownership from non-controlling interest   (32,400)  
Proceeds from non-controlling interest for investment in unconsolidated entity   988 752
Net proceeds from issuances of common stock 19,257 13,341 6,591
Proceeds from non-controlling interest for investment in Peirce-Phelps, Inc.   17,000  
Net cash used in financing activities (448,493) (264,023) (139,603)
Effect of foreign exchange rate changes on cash and cash equivalents 2,069 849 (2,245)
Net increase (decrease) in cash and cash equivalents 71,613 (8,440) 2,398
Cash and cash equivalents at beginning of year 74,454 82,894 80,496
Cash and cash equivalents at end of year 146,067 74,454 82,894
Prior Revolving Credit Agreement [Member]      
Cash flows from financing activities:      
Net (repayments) proceeds under revolving credit agreement     (21,800)
Revolving Credit Agreement [Member]      
Cash flows from financing activities:      
Net (repayments) proceeds under revolving credit agreement $ (155,700) $ 20,500 $ 135,200