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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities:      
Net income $ 180,669 $ 208,920 $ 409,126
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 172,683 135,371 90,311
Amortization 214,477 143,953 47,856
Share-based compensation expense 61,371 66,577 29,884
Charge for fair value mark-up of acquired inventory sold 0 61,932 428
Provision for deferred income taxes (145,606) (102,744) (18,433)
Impairment of goodwill 115,217 0 0
Loss on extinguishment of debt and modification 27,865 3,287 23,338
Loss from sale of businesses 23,839 0 0
Impairment on long-lived assets 30,464 0 0
Gain on termination of Alliance Agreement (184,754) 0 0
Charge for excess and obsolete inventory 38,184 28,896 17,103
Amortization of debt issuance costs 21,243 15,725 1,714
Other 23,341 28,733 (4,142)
Changes in operating assets and liabilities, net of effects of acquisitions:      
Trade accounts receivable and notes receivable 608 (59,643) (86,766)
Inventories 102,751 (203,335) (168,372)
Accounts payable and other accrued liabilities (29,547) 4,519 53,577
Other current assets (11,912) (13,641) 2,870
Income taxes payable and refundable income taxes (10,177) 21,751 (3,292)
Other (1,154) 11,982 5,252
Net cash provided by operating activities 629,562 352,283 400,454
Investing activities:      
Acquisition of property and equipment (456,847) (466,192) (210,626)
Acquisition of businesses, net of cash acquired 0 (4,474,925) (91,942)
Proceeds from sale of businesses 814,960 0 0
Proceeds from termination of alliance agreement 191,151 0 0
Other 3,807 (4,592) 4,450
Net cash used in investing activities 553,071 (4,945,709) (298,118)
Financing activities:      
Proceeds from revolving credit facility and short-term debt 0 476,000 101,000
Payments of revolving credit facility and short-term debt (135,000) (341,000) (101,000)
Proceeds from long-term debt 217,449 4,940,753 400,000
Payments of long-term debt (1,338,675) (145,000) (550,000)
Payments for debt issuance costs (3,475) (99,488) (5,069)
Payments for debt extinguishment costs 0 0 (19,080)
Payments for dividends (60,221) (57,309) (43,545)
Issuance of common stock from employee stock plans 50,792 16,168 24,744
Taxes paid related to net share settlement of equity awards (12,108) (22,820) (16,090)
Repurchase and retirement of common stock 0 0 (67,109)
Other (1,391) (1,101) (348)
Net cash (used in) provided by financing activities (1,282,629) 4,766,203 (276,497)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (6,514) (11,903) (4,167)
(Decrease) increase in cash, cash equivalents and restricted cash (106,510) 160,874 (178,328)
Cash, cash equivalents and restricted cash at end of year 456,929 563,439 402,565
Supplemental Cash Flow Information      
Equity consideration on acquisition of CMC Materials, Inc. 0 1,265,690 0
Deferred acquisition and divestiture payments, net 5,474 0 250
Equipment purchases in accounts payable 20,573 28,295 29,042
Dividends payable 730 654 658
Schedule of interest and income taxes paid:      
Interest paid 287,846 164,183 46,791
Income taxes paid, net of refunds received $ 138,875 $ 113,666 $ 88,059