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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 136,382 $ 118,487
Adjustments to reconcile Net income to Net cash provided by operating activities:    
Depreciation and amortization 26,009 23,784
Deferred income taxes 22,533 (5,838)
Stock-based compensation 9,580 8,352
Other, net (1,516) 282
Changes in operating assets and liabilities, net of effects from acquisitions:    
Increase in accounts receivable (60,212) (34,108)
Increase in inventories (61,876) (20,167)
(Increase) decrease in other current assets (13,471) 2,057
Increase in trade accounts payable 83,784 64,884
(Decrease) increase in other current liabilities (43,138) 21,206
Net change in other assets and liabilities 4,095 6,754
NET CASH PROVIDED BY OPERATING ACTIVITIES 102,170 185,693
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (39,163) (26,949)
Acquisition of businesses, net of cash acquired 140 0
Proceeds from sale of property, plant and equipment 308 4,646
NET CASH USED BY INVESTING ACTIVITIES (38,715) (22,303)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from (payments on) on short-term borrowings, net 19,613 (904)
Payments on long-term borrowings 0 (169)
Proceeds from exercise of stock options 8,559 6,254
Purchase of shares for treasury (56,670) (106,694)
Cash dividends paid to shareholders (44,071) (42,975)
NET CASH USED BY FINANCING ACTIVITIES (72,569) (144,488)
Effect of exchange rate changes on Cash and cash equivalents (772) (1,459)
(DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (9,886) 17,443
Cash and cash equivalents at beginning of period 308,789 377,262
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 298,903 $ 394,705