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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Activities:    
Net income $ 59,154 $ 34,175
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 41,209 16,093
Stock-based compensation expense 5,954 4,626
Gain (Loss) on Disposition of Business (8,927) 0
Deferred income taxes (13,074) 1,979
Other operating activities, net 5,939 (2,866)
Changes in assets and liabilities    
Increase (Decrease) in Accounts Receivable 117,412 53,944
Increase (Decrease) in Accounts and Other Receivables 7,563 19,236
Inventories, net (124,772) 37,807
Increase (Decrease) in Other Operating Assets 17,140 (3,125)
Accounts payable 250,987 (10,858)
Accrued payroll and benefit costs (43,824) (18,973)
Other current and noncurrent liabilities 40,553 7,378
Net cash provided by operating activities 120,490 31,528
Investing Activities:    
Capital expenditures (10,211) (15,762)
Payments to Acquire Businesses, Gross 0 (100,000)
Proceeds from Divestiture of Businesses, Net of Cash Divested 54,142 0
Other investing activities 611 5,497
Net cash used in investing activities 44,542 (110,265)
Financing Activities:    
Proceeds from (Repayments of) Short-term Debt (8,499) (383)
Repayments of Senior Debt 500,000 0
Proceeds from issuance of long-term debt 956,595 585,511
Repayments of Other Long-term Debt 736,595 300,511
Payments for Repurchase of Common Stock (4,342) (1,566)
Payments of Dividends (14,352) 0
Other financing activities, net (4,980) (4,360)
Net cash used in financing activities (312,173) 278,691
Effect of exchange rate on cash and cash equivalents 1,893 (8,296)
Cash and cash equivalents at the beginning of period 449,135 150,902
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (145,248) 191,658
Cash and cash equivalents at the end of period 303,887 342,560
Interest Paid, Including Capitalized Interest, Operating and Investing Activities 10,733 4,029
Income Taxes Paid 6,086 6,245
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability $ 19,960 $ 57,185