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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 24,366 $ 138,099
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 22,175 19,531
Depreciation and amortization 25,108 14,736
Amortization of debt issuance costs 725 0
Loss on disposal of fixed assets 180 112
Impairment of intangibles 0 10,335
Loss on divestiture of business 0 3,199
Change in valuation of contingent payment liability (2,075) 5,616
Amortization of inventory step-up and other 21,267 (48)
Changes, net of acquisitions, in:    
Accounts receivable (11,614) (15,794)
Factor accounts receivable 17,184 (108,276)
Inventories (40,673) (39,064)
Prepaid expenses, income tax receivables, prepaid taxes, and other assets (19,146) (864)
Accounts payable, accrued expenses, and other current liabilities 47,905 66,853
Accrued incentive compensation (10,574) 1,382
Leases and other liabilities (3,756) (1,572)
Net cash provided by operating activities 71,072 94,245
Cash flows from investing activities:    
Capital expenditures (32,338) (16,642)
Purchases of short-term investments 0 (12,840)
Maturity / sale of short-term investments 13,410 16,654
Acquisition of businesses, net of cash acquired (371,554) (4,259)
Other investing activities (2,379) 372
Net cash used in investing activities (392,861) (16,715)
Cash flows from financing activities:    
Common stock purchased for treasury (8,367) (95,788)
Proceeds from exercise of stock options 0 1,086
Investment of noncontrolling interest 3,500 0
Borrowings under credit facilities 437,500 0
Repayments under credit facilities (137,500) 0
Financing costs paid (8,955) 0
Cash dividends paid on common stock (45,692) (45,880)
Distribution of noncontrolling interest (2,946) 0
Net cash provided by / (used in) financing activities 237,540 (140,582)
Effect of exchange rate changes on cash and cash equivalents 3,047 (2,174)
Net decrease in cash and cash equivalents (81,202) (65,226)
Cash and cash equivalents 108,722 139,414
Supplemental disclosures of cash flow information:    
Interest 6,714 0
Acquisition-related proceeds to sellers $ 38,819 $ 0