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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows From Operating Activities:    
Net income $ 291,390 $ 400,955
Adjustments to reconcile net income to net cash flows used for operating activities:    
Depreciation 102,395 101,682
Amortization of intangible assets 23,559 23,503
Share-based compensation 60,954 57,448
Inventory obsolescence 22,429 30,023
Deferred income taxes (2,968) 23,020
Income from equity method investments (21,799) (18,426)
Valuation allowance on foreign deferred tax assets 0 3,200
Content assets amortization 45,580 62,333
Changes in assets and liabilities:    
Accounts receivable, net (357,971) (408,662)
Inventories (306,377) (201,954)
Prepaid expenses and other current assets (22,365) (42,695)
Accounts payable, accrued liabilities, and income taxes payable 6,188 (32,262)
Content assets spend (13,388) (16,944)
Other, net (30,926) (42,804)
Net cash flows used for operating activities (203,299) (61,583)
Cash Flows From Investing Activities:    
Purchases of tools, dies, and molds (49,949) (48,337)
Purchases of other property, plant, and equipment (74,902) (108,598)
Proceeds from foreign currency forward exchange contracts, net 9,333 1,578
Other, net 18,013 3,617
Net cash flows used for investing activities (97,505) (151,740)
Cash Flows From Financing Activities:    
Share repurchases (412,474) (268,307)
Tax withholdings for share-based compensation (15,100) (17,375)
Proceeds from stock option exercises 5,546 6,184
Other, net (4,233) (34,730)
Net cash flows used for financing activities (426,261) (314,228)
Effect of Currency Exchange Rate Changes on Cash and Equivalents 31,050 (10,280)
Change in Cash and Equivalents (696,015) (537,831)
Cash and Equivalents at Beginning of Period 1,387,908 1,261,363
Cash and Equivalents at End of Period $ 691,893 $ 723,532