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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 44,562 $ 36,786
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 5,738 6,139
Depreciation and amortization 4,631 3,366
Loss on disposal of fixed assets 74 15
Impairment of lease right-of-use asset 0 95
Deferred taxes 410 0
Accrued interest on note receivable - related party 0 (2)
Notes receivable - related party 0 102
Change in valuation of contingent payment liabilities 1,650 0
Other operating activities 861 623
Changes, net of acquisitions, in:    
Accounts receivable (5,681) (8,201)
Factor accounts receivable 60,006 35,665
Inventories 28,398 47,710
Prepaid expenses, income tax receivables, prepaid taxes, and other assets 6,539 4,791
Accounts payable and accrued expenses (37,160) (60,461)
Accrued incentive compensation (7,115) (7,683)
Leases and other liabilities (306) (890)
Net Cash Provided by (Used in) Operating Activities (15,705) (13,275)
Cash flows from investing activities:    
Capital expenditures 3,979 3,791
Purchases of short-term investments 790 6,722
Maturity/sale of short-term investments 4,084 8,087
Other investing activities 326  
Net cash used in investing activities (4,618) (2,426)
Cash flows from financing activities:    
Common stock purchased for treasury (37,337) (38,451)
Proceeds from exercise of stock options 222 264
Investment of noncontrolling interest 0 4,486
Cash dividends paid on common stock (15,416) (16,039)
Net cash used in financing activities (52,531) (49,740)
Effect of exchange rate changes on cash and cash equivalents (285) 707
Net decrease in cash and cash equivalents (73,139) (64,734)
Cash and cash equivalents 131,501 209,979
Impairment of intangible 1,700 $ 0
Payments to Acquire Businesses, Gross $ (4,259)