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Unaudited Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 20,245 $ 58,061
Less: loss from discontinued operations, net of income tax (1,146) (1,146)
Income from continuing operations, net of income tax 21,391 59,207
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 33,918 32,966
Stock-based compensation 22,389 14,738
Amortization of debt issuance costs and debt discount 1,630 254
Deferred income tax benefit (42) (786)
Loss (gain) on disposal and sale of assets (16) 192
Unrealized gain on investment (567)  
Changes in operating assets and liabilities, net of assets acquired    
Accounts receivable, net 18,390 46,044
Inventories (49,255) (17,688)
Other assets 5,008 2,859
Accounts payable 14,331 (17,448)
Other liabilities and accrued expenses (52,304) (64,834)
Net cash from operating activities from continuing operations 14,873 55,504
Net cash from operating activities from discontinued operations (876) (3,090)
Net cash from operating activities 13,997 52,414
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of long-term investments (2,401) (3,128)
Purchases of property and equipment (31,406) (33,623)
Acquisitions, net of cash acquired (13,762)  
Net cash from investing activities (47,569) (36,751)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on long-term borrowings (10,000) (10,000)
Dividend payments (7,658) (7,592)
Net payments related to stock-based awards (5,500) (1,384)
Net cash from financing activities (23,158) (18,976)
EFFECT OF CURRENCY TRANSLATION ON CASH AND CASH EQUIVALENTS (1,678) (253)
NET CHANGE IN CASH AND CASH EQUIVALENTS (58,408) (3,566)
CASH AND CASH EQUIVALENTS, beginning of period 1,044,556 458,818
CASH AND CASH EQUIVALENTS, end of period $ 986,148 $ 455,252