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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 81,510 $ 71,859
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 12,579 12,239
Depreciation and amortization 9,569 7,257
Loss on disposal of fixed assets 75 193
Impairment of lease right-of-use asset 0 95
Accrued interest on note receivable - related party 0 (4)
Notes receivable - related party 0 204
Change in valuation of contingent payment liability 8,200 0
Other operating activities 238 26
Changes, net of acquisitions, in:    
Accounts receivable 2,787 (3,395)
Factor accounts receivable 22,988 6,256
Inventories (10,938) 22,417
Prepaid expenses, income tax receivables, prepaid taxes, and other assets (4,700) (8,572)
Accounts payable and accrued expenses 18,122 (7,316)
Accrued incentive compensation (3,109) (4,551)
Leases and other liabilities 756 (1,939)
Net Cash Provided by (Used in) Operating Activities 93,801 82,257
Cash flows from investing activities:    
Capital expenditures 9,272 7,793
Purchases of short-term investments 10,510 11,406
Maturity/sale of short-term investments 13,485 10,445
Other investing activities 371  
Net cash used in investing activities (10,185) (8,754)
Cash flows from financing activities:    
Common stock purchased for treasury (75,549) (64,235)
Proceeds from exercise of stock options 749 870
Investment of noncontrolling interest 0 4,582
Cash dividends paid on common stock (30,708) (31,895)
Net cash used in financing activities (105,508) (90,678)
Effect of exchange rate changes on cash and cash equivalents (2,291) 518
Net decrease in cash and cash equivalents (24,183) (16,657)
Cash and cash equivalents 180,457 258,056
Impairment of intangible 1,700 $ 0
Payments to Acquire Businesses, Gross $ (4,259)