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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 46,399 $ 39,683
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 19,261 17,745
Amortization of deferred financing cost 169 258
Increase to allowance for doubtful accounts 301 40
Increase to inventory reserves 3,006 2,753
Amortization of deferred gain on sale of building 0 (218)
Equity income from joint ventures (2,630) (603)
Employee stock ownership plan allocation 1,889 1,918
Stock-based compensation 5,742 5,614
Decrease (increase) in deferred income taxes 3,232 (2,556)
Loss on discontinued operations, net of tax 9,914 5,014
Change in assets and liabilities:    
Increase in accounts receivable (16,583) (23,428)
Decrease in inventories 11,824 2,761
(Increase) decrease in prepaid expenses and other current assets (6,502) 1,202
(Decrease) increase in accounts payable (24,107) 5,193
(Decrease) increase in sundry payables and accrued expenses (2,551) 12,828
Net change in other assets and liabilities (6,260) (619)
Net cash provided by operating activities 43,104 67,585
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions of and investments in businesses (43,490) (9,852)
Net proceeds from sale of Grapevine, Texas facility 4,801 0
Capital expenditures (12,329) (15,633)
Other investing activities 47 37
Net cash used in investing activities (50,971) (25,448)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings (payments) under line-of-credit agreements 34,523 (12,000)
Net borrowings of other debt and capital lease obligations 133 1,463
Purchase of treasury stock (10,738) (9,271)
Increase in overdraft balances 1,109 1,382
Dividends paid (15,429) (14,144)
Net cash provided by (used in) financing activities 9,598 (32,570)
Effect of exchange rate changes on cash 390 431
Net increase in cash and cash equivalents 2,121 9,998
CASH AND CASH EQUIVALENTS at beginning of period 11,138 17,323
CASH AND CASH EQUIVALENTS at end of period 13,259 27,321
Cash paid during the period for:    
Interest 4,083 2,896
Income taxes $ 18,114 $ 11,829