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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 175,902 $ 173,975 $ 217,217
Adjustments to reconcile net income to net cash provided by operating activities      
Stock-based compensation 26,539 24,148 24,396
Depreciation and amortization 20,010 15,501 20,576
Loss on disposal of fixed assets 112 204 11
Impairment of intangibles 10,335 6,520 0
Deferred taxes (4,703) 6,105 3,601
Loss on divestiture of business 3,199 0 0
Accrued interest on note receivable – related party 0 8 16
Note receivable - related party 0 409 409
Change in valuation of contingent consideration liability 2,722 0 (5,807)
Other operating activities (575) (23) (2,716)
Changes, net of acquisitions, in:      
Accounts receivable (6,947) (1,308) (9,683)
Factor accounts receivable (31,542) (18,647) 116,141
Inventories (30,567) 25,303 29,071
Prepaid expenses, income tax receivables, prepaid taxes, and other assets 133 (1,060) (4,205)
Accounts payable and accrued expenses 37,339 7,052 (108,788)
Accrued incentive compensation 3,118 280 (3,083)
Leases and other liabilities (6,979) (8,061) (8,902)
Payment of contingent consideration liability 0 (1,153) (339)
Net cash provided by operating activities 198,096 229,237 267,883
Cash flows from investing activities:      
Capital expenditures (25,911) (19,470) (16,351)
Purchases of short-term investments (21,405) (25,688) (45,130)
Maturity/sale of short-term investments 22,139 25,872 73,998
Acquisition of businesses (13,976) (75,271) 0
Purchase of a trademark 0 0 (2,000)
Other investing activities (340) (5,335) (5,000)
Net cash (used in)/provided by investing activities (39,493) (99,892) 5,517
Cash flows from financing activities:      
Proceeds from exercise of stock options 1,613 1,205 602
Investment of noncontrolling interest 0 4,486 2,500
Acquisition of incremental ownership of joint ventures (1,500) 0 0
Distributions to noncontrolling interest earnings 0 1,102 294
Sale of minority interest of a subsidiary 0 0 1,017
Common stock repurchased and net settlements of stock awards (98,433) (142,348) (148,878)
Cash dividends paid on common stock (61,039) (63,177) (66,005)
Payment of contingent consideration liability (8,547) 0 (4,770)
Net cash used in financing activities (167,906) (200,936) (215,828)
Effect of exchange rate changes on cash and cash equivalents (5,413) 1,518 (2,358)
Net change in cash and cash equivalents (14,716) (70,073) 55,214
Cash and cash equivalents – beginning of year 204,640 274,713 219,499
Cash and cash equivalents – end of year 189,924 204,640 274,713
Cash paid during the year for:      
Interest 0 0 0
Income taxes $ 51,146 $ 45,525 $ 65,395