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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income $ 81,847 $ 86,627
Adjustments to reconcile net income to cash flows used in operating activities    
Depreciation and amortization 10,367 10,363
Unrealized foreign exchange loss (gain) 1,433 (3,593)
Amortization of debt issuance costs 203 917
Share-based compensation 5,353 5,533
(Gain) loss on disposals of property, plant and equipment (1) 155
Deferred income taxes 4,341 10,265
Changes in operating assets and liabilities    
Accounts receivable (206,468) (190,019)
Inventories (39,341) 24,987
Accounts payable 30,079 13,788
Accrued taxes 17,464 15,039
Other assets and liabilities (69,325) (4,058)
Cash flows used in operating activities (164,048) (29,996)
Cash flows from investing activities    
Additions to property, plant and equipment (11,686) (6,410)
Cash flows used in investing activities (11,686) (6,410)
Cash flows from financing activities    
Proceeds from short-term borrowings, net 97,700 22,178
Repayments of term loan facility (4,375) (4,375)
Purchases of common stock (59,108) (2,377)
Dividends paid on common stock (13,984) (12,658)
Dividends paid to noncontrolling interests (101) (48)
Payment of employee restricted stock tax withholdings (10,661) (3,946)
Cash flows provided by (used in) financing activities 9,471 (1,226)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash (1,012) (773)
Net decrease in cash, cash equivalents and restricted cash (167,275) (38,405)
Cash, cash equivalents and restricted cash, beginning of year 281,677 151,452
Cash, cash equivalents and restricted cash, end of period 114,402 113,047
Supplemental information    
Non-cash additions to property, plant and equipment 1,744 1,895
Non-cash additions to right-of-use assets obtained in exchange for operating lease obligations 8,065 1,291
Non-cash additions to right-of-use assets obtained in exchange for finance lease obligations 335 0
Dividend equivalents rights ("DERs") declared not paid 427 477
Share repurchase liability (Note 10) $ 0 $ 2,347