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Condensed Consolidated Unaudited Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 94,540 $ 104,262
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation and amortization 10,777 9,882
Share-based compensation 8,800 8,127
Non-cash contribution to 401(k) plan 8,743 8,735
Provision for doubtful accounts 840 862
Other income from investment in unconsolidated entity (5,146) (5,460)
Other, net 811 1,245
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable, net 83,864 (33,502)
Inventories, net (389,990) (307,219)
Accounts payable and other liabilities 8,887 315,087
Other, net 230 1,687
Net cash (used in) provided by operating activities (177,644) 103,706
Cash flows from investing activities:    
Proceeds from (purchases of) short-term cash investments 255,669 (200,000)
Proceeds from sale of property and equipment 98 58
Business acquisitions, net of cash acquired (3,670) (5,178)
Capital expenditures (7,541) (5,845)
Net cash provided by (used in) investing activities 244,556 (210,965)
Cash flows from financing activities:    
Dividends on common stock (109,037) (96,765)
Distributions to non-controlling interest (69,829) 0
Net repayments of finance lease liabilities (1,569) (1,399)
Net repayments under revolving credit agreement 0 (15,400)
Repurchases of common stock to satisfy employee withholding tax obligations 0 (442)
Net proceeds from the sale of Common stock 0 281,784
Proceeds from non-controlling interest for investment in Lashley 999 0
Proceeds from Dividend Reinvestment Plan 6,708 0
Net proceeds from issuances of Common stock under employee related plans 11,049 10,623
Net cash (used in) provided by financing activities (161,679) 178,401
Effect of foreign exchange rate changes on cash and cash equivalents 319 (2,390)
Net (decrease) increase in cash and cash equivalents (94,448) 68,752
Cash and cash equivalents at beginning of period 526,271 210,112
Cash and cash equivalents at end of period 431,823 278,864
W.L. Lashley Associates, Inc [Member]    
Supplemental cash flow information:    
Business combination shares issued 493 0
Commercial Specialists, Inc., [Member]    
Supplemental cash flow information:    
Business combination shares issued $ 0 $ 752