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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows – Operating activities:    
Net earnings, including noncontrolling interests $ 85,151 $ 32,418
Adjustments to reconcile net earnings to net cash provided (used) by operating activities:    
Depreciation 37,452 40,034
Amortization of intangible and other assets 5,158 6,748
Stock-based compensation 15,878 16,896
Foreign currency, asset write downs and other non-cash adjustments (8,418) (3,982)
Change in assets and liabilities:    
Accounts receivable, net (5,350) (21,638)
Inventories, net (99,240) (96,737)
Contract assets, net 9,917 (7,705)
Prepaid expenses and other, net (105) (19,769)
Accounts payable 7,118 33,550
Contract liabilities 10,831 9,642
Accrued liabilities and income taxes payable (2,091) (65,773)
Retirement obligations and other liabilities 8,412 10,028
Net deferred taxes (14,329) (5,079)
Net cash flows provided (used) by operating activities 50,384 (71,367)
Cash flows – Investing activities:    
Capital expenditures (31,893) (31,012)
Other (941) 2,015
Net cash flows provided (used) by investing activities (32,834) (28,997)
Cash flows – Financing activities:    
Payments on term loan (20,000) (15,921)
Proceeds under revolving credit facility 150,000 0
Payments under revolving credit facility (100,000) 0
Proceeds under other financing arrangements 197 1,029
Payments under other financing arrangements (3,458) (720)
Payments related to tax withholding for stock-based compensation (6,235) (4,497)
Payments of dividends (52,471) (52,267)
Other (320) (5,334)
Net cash flows provided (used) by financing activities (32,287) (77,710)
Effect of exchange rate changes on cash 2,603 (22,033)
Net change in cash and cash equivalents (12,134) (200,107)
Cash and cash equivalents at beginning of period 434,971 658,452
Cash and cash equivalents at end of period $ 422,837 $ 458,345