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Condensed Consolidated Unaudited Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 520,560 $ 536,398
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 30,331 25,406
Share-based compensation 25,063 20,791
Non-cash contribution to 401(k) plan 8,735 8,862
Deferred income tax provision 5,978 5,892
Provision for doubtful accounts 608 3,185
Loss (gain) on sale of property and equipment 575 (344)
Other income from investment in unconsolidated entity (23,908) (20,384)
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable, net (145,071) (184,106)
Inventories, net (248,202) (143,746)
Accounts payable and other liabilities 218,882 17,608
Other, net 654 (6,222)
Net cash provided by operating activities 394,205 263,340
Cash flows from investing activities:    
Purchases of short-term cash investments (255,669) 0
Capital expenditures (22,058) (25,500)
Business acquisitions, net of cash acquired (5,173) (3,827)
Proceeds from sale of property and equipment 181 1,277
Net cash used in investing activities (282,719) (28,050)
Cash flows from financing activities:    
Dividends on Common and Class B common stock (314,486) (286,122)
Net (repayments) proceeds under current revolving credit agreement (15,400) 105,600
Net repayments of finance lease liabilities (4,449) (2,794)
Repurchases of common stock to satisfy employee withholding tax obligations (2,847) (2,639)
Net repayments under prior revolving credit agreement 0 (56,400)
Payment of fees related to revolving credit agreement 0 (837)
Net proceeds from Dividend Reinvestment Plan 6,555 0
Net proceeds from issuances of Common stock under employee-related plans 23,782 20,373
Net proceeds from the sale of Common stock 281,784 15,179
Net cash used in financing activities (25,061) (207,640)
Effect of foreign exchange rate changes on cash and cash equivalents (2,183) (133)
Net increase in cash and cash equivalents 84,242 27,517
Cash and cash equivalents at beginning of period 210,112 147,505
Cash and cash equivalents at end of period 294,354 175,022
Supplemental cash flow information:    
Common stock issued for Gateway Supply Company, Inc. 0 101,645
Common stock issued for Commercial Specialists, Inc. $ 752 $ 0