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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 46,623 $ 52,078
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 17,439 14,829
Amortization of deferred financing cost 258 260
Increase to allowance for doubtful accounts 889 266
Increase to inventory reserves 1,579 3,800
Amortization of deferred gain on sale of building (786) (786)
Equity income from joint ventures (970) (735)
Employee Stock Ownership Plan allocation 1,619 1,515
Stock-based compensation 5,663 4,104
Excess tax benefits related to exercise of employee stock grants 0 (140)
Decrease in deferred income taxes 700 802
Loss on discontinued operations, net of tax 5,113 1,495
Change in assets and liabilities:    
Increase in accounts receivable (27,753) (35,192)
Increase in inventories (18,746) (7,422)
(Increase) decrease in prepaid expenses and other current assets (4,805) 5,426
Increase in accounts payable 90 9,900
Increase in sundry payables and accrued expenses 8,728 31,016
Net changes in other assets and liabilities 1,120 1,752
Net cash provided by operating activities 36,761 82,968
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions of and investments in businesses 0 (67,289)
Capital expenditures (17,710) (15,194)
Other investing activities 6 191
Net cash used in investing activities (17,704) (82,292)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings under line-of-credit agreements 18,188 22,573
Net borrowings (payments) of long-term debt and capital lease obligations (35) 99
Purchase of treasury stock (20,000) (377)
Increase in overdraft balances 658 596
Excess tax benefits related to the exercise of employee stock grants 0 140
Dividends paid (12,990) (11,566)
Net cash provided by (used in) financing activities (14,179) 11,465
Effect of exchange rate changes on cash 724 (404)
Net increase in cash and cash equivalents 5,602 11,737
CASH AND CASH EQUIVALENTS at beginning of period 19,796 18,800
CASH AND CASH EQUIVALENTS at end of period 25,398 30,537
Cash paid during the period for:    
Interest 1,456 933
Income taxes $ 30,181 $ 21,271