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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 70,908 $ 46,291
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 4,115 3,124
Provision for doubtful accounts 220 1,048
Noncash stock compensation 633 654
Share of income of equity investment (41) (116)
Noncash lease expense 1,324 1,881
Deferred tax provision (1,188) 135
Change in fair value of derivatives 1,518 (3,803)
Changes in:    
Accounts receivable (42,670) (50,316)
Inventories (29,688) (31,195)
Other assets (5,640) (2,869)
Operating lease liabilities (1,293) (1,671)
Accounts payable and accrued expenses (23,327) 3,203
Income taxes, net 17,771 9,690
Net cash used in operating activities (7,358) (23,944)
Cash flows from investing activities:    
Purchases of short-term investments (42,835) (2,243)
Proceeds from sale of short-term investments 107,045 3,982
Purchases of property, equipment and leasehold improvements (2,415) (12,895)
Payment for intangible assets acquired (151) (647)
Net cash provided by (used in) investing activities 61,644 (11,803)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 17,989
Repayment of long-term debt (9,397) (4,379)
Proceeds from exercise of options 4,929 708
Dividends paid (20,023) (15,921)
Dividends paid to noncontrolling interest (473) (440)
Purchase of treasury stock (5,580)
Net cash used in financing activities (12,555) (20,032)
Effect of exchange rate changes on cash 2,611 (2,486)
Net increase (decrease) in cash and cash equivalents 44,342 (58,265)
Cash and cash equivalents - beginning of period 104,713 168,387
Cash and cash equivalents - end of period 149,055 110,122
Cash paid for:    
Interest 1,563 797
Income taxes $ 4,816 $ 5,193