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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net earnings $ 94,562 $ 99,227
Adjustments to arrive at net cash provided by operating activities:    
Depreciation and amortization 45,185 43,360
Share-based compensation expense 6,980 7,285
Net gain on assets (210) (81)
Portfolio Optimization Plan costs 1,406 0
Deferred income taxes (11,117) 2,082
Changes in operating assets and liabilities:    
Trade accounts receivable (32,138) 18,830
Inventories 14,902 (21,455)
Prepaid expenses and other assets 221 842
Accounts payable and other accrued expenses (4,664) (20,572)
Accrued salaries, wages, and withholdings from employees 16,769 (16,749)
Income taxes 854 (6,536)
Other liabilities 3,011 587
Net cash provided by operating activities 135,761 106,820
Cash flows from investing activities:    
Acquisition of property, plant, and equipment (36,088) (67,718)
Proceeds from sale of assets 338 130
Other investing activities (1,444) 2,036
Net cash used in investing activities (37,194) (65,552)
Cash flows from financing activities:    
Proceeds from additional borrowings 134,432 197,577
Debt payments (154,219) (174,083)
Dividends paid (52,034) (51,900)
Other financing activities (3,317) (8,034)
Net cash used in financing activities (75,138) (36,440)
Effect of exchange rate changes on cash and cash equivalents (15,394) 6,236
Net increase in cash and cash equivalents 8,035 11,064
Cash and cash equivalents at beginning of period 28,934 20,921
Cash and cash equivalents at end of period $ 36,969 $ 31,985