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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended 89 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2022
Operating activities        
Net income $ 408,870 $ 556,569 $ 347,218  
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation 52,821 42,155 36,493  
Amortization of intangible assets 103,320 49,886 32,280  
Amortization of original issue discount and deferred financing costs 3,234 2,589 2,598  
Loss on extinguishment of debt [1] 3,743 831 0  
Deferred income taxes (95,465) (2,096) 21,195  
Share-based compensation expense [2] 29,481 23,954 20,882  
Gain on disposal of assets (592) (4,393) 0  
Other noncash charges 18,339 206 7,145  
Net changes in operating assets and liabilities, net of acquisitions:        
Accounts receivable 6,547 (131,861) (55,976)  
Inventories (319,274) (470,991) (77,983)  
Other assets 4,766 (819) 12,859  
Accounts payable (223,031) 297,323 66,040  
Accrued wages and employee benefits (27,369) 5,814 20,157  
Other accrued liabilities 110,036 73,798 60,593  
Excess tax benefits from equity awards (16,910) (31,809) (6,968)  
Net cash provided by operating activities 58,516 411,156 486,533  
Investing activities        
Proceeds from sale of property and equipment 2,077 259 179  
Proceeds from sale of investment 1,308 4,968 0  
Proceeds from beneficial interest in securitization transactions 3,566 4,609 2,651  
Contribution to equity method investment (14,930) (3,660) 0  
Expenditures for property and equipment (86,188) (109,992) (62,128)  
Purchase of long-term investment (15,000) 0 0  
Acquisition of businesses, net of cash acquired (25,065) (713,471) (64,797)  
Net cash used in investing activities (134,232) (817,287) (124,095)  
Financing activities        
Proceeds from short-term borrowings 248,209 272,818 257,593  
Proceeds from long-term borrowings 1,026,284 150,088 277  
Repayments of short-term borrowings (268,133) (239,113) (277,719)  
Repayments of long-term borrowings and finance lease obligations (542,191) (108,556) (4,758)  
Stock repurchases (345,840) (125,992) 0 $ (777,379)
Payment of contingent acquisition consideration (16,135) (3,750) (4,000)  
Payment of debt issuance costs (10,330) (1,185) 0  
Purchase of additional ownership interest (375) (27,164) 0  
Cash dividends paid to noncontrolling interest of subsidiary (309) 0 0  
Taxes paid related to equity awards (40,923) (58,903) (14,910)  
Proceeds from the exercise of stock options 13,786 38,787 13,089  
Net cash provided by (used in) financing activities 64,043 (102,970) (30,428)  
Effect of exchange rate changes on cash and cash equivalents (2,943) 1,312 235  
Net (decrease) increase in cash and cash equivalents (14,616) (507,789) 332,245  
Cash and cash equivalents at beginning of period 147,339 655,128 322,883  
Cash and cash equivalents at end of period 132,723 147,339 655,128 $ 132,723
Supplemental disclosure of cash flow information        
Interest 48,912 27,842 28,765  
Income taxes $ 150,893 $ 156,728 $ 61,861  
[1] Represents the non-cash write-off of original issue discount and deferred financing costs due primarily to a voluntary prepayment of debt.
[2] Represents share-based compensation expense to account for stock options, restricted stock and other stock awards over their respective vesting periods.