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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net income $ 173,258 $ 195,164
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of assets and other (436) (489)
Depreciation and amortization 38,559 36,045
Noncash lease expense 7,874 6,595
Release of acquisition related tax and legal contingency (1,810) 0
Loss in equity method investment, before tax 538 102
Deferred income taxes (5,318) (6,517)
Noncash compensation related to stock plans 10,427 11,164
Provision (recovery) for doubtful accounts (1,008) 459
Deferred hedge gain (1,649) (2,148)
Changes in operating assets and liabilities    
Trade accounts receivable (95,704) (118,922)
Inventories 11,703 34,884
Trade accounts payable 3,906 672
Other current assets (19,284) (1,416)
Accrued liabilities and other current liabilities 5,137 48,971
Other noncurrent assets and liabilities (7,107) (7,324)
Net cash provided by operating activities 119,086 197,240
Cash flows from investing activities    
Capital expenditures (79,622) (37,918)
Acquisitions, net of cash (see Note 3) (16,750) (18,195)
Purchases of equity investments (1,101) (663)
Proceeds from sale of property and equipment 1,787 183
Proceeds from Divestiture of Businesses 0 8,544
Net cash used in investing activities (95,686) (48,049)
Cash flows from financing activities    
Repurchase of common stock (50,000) 0
Proceeds from line of credit 1,265 265
Repayments of line of credit (13,942) (11,705)
Dividends paid (22,889) (22,158)
Cash paid on behalf of employees for shares withheld (7,547) (7,398)
Net cash used in financing activities (93,113) (40,996)
Effect of exchange rate changes on cash and cash equivalents (5,258) (955)
Net increase (decrease) in cash and cash equivalents (74,971) 107,240
Cash and cash equivalents at beginning of period 429,822 300,742
Cash and cash equivalents at end of period 354,851 407,982
Noncash activity during the period    
Noncash capital expenditures 6,093 1,059
Dividends declared but not paid $ 11,804 $ 11,518