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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 19,594 $ 31,648
Adjustments to reconcile net earnings to net cash used in operating activities:    
Depreciation and amortization 12,877 12,744
Amortization of deferred financing cost 114 113
Increase to allowance for doubtful accounts 376 337
Increase to inventory reserves 3,048 1,552
Equity income from joint ventures (429) (2,047)
Employee stock ownership plan allocation 1,150 1,260
Stock-based compensation 3,306 3,848
Decrease in deferred income taxes 232 2,547
Loss on discontinued operations, net of tax 1,869 2,011
Change in assets and liabilities:    
Increase in accounts receivable (51,326) (26,622)
(Increase) decrease in inventories 12,725 (19,691)
(Increase) decrease in prepaid expenses and other current assets 5,664 (6,406)
Decrease in accounts payable (21,804) (6,994)
Increase (decrease) in sundry payables and accrued expenses 14,788 (7,545)
Net change in other assets and liabilities (3,069) (6,261)
Net cash used in operating activities (885) (19,506)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisitions of and investments in businesses 0 (38,427)
Net proceeds from sale of Grapevine, Texas facility 0 4,801
Capital expenditures (9,026) (7,578)
Other investing activities 6 46
Net cash used in investing activities (9,020) (41,158)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net borrowings under line-of-credit agreements 32,540 86,311
Net borrowings (payments) of other debt and capital lease obligations 1,809 (355)
Purchase of treasury stock (8,726) (10,738)
Increase in overdraft balances 1,818 1,691
Dividends paid (5,615) (10,296)
Net cash provided by financing activities 21,826 66,613
Effect of exchange rate changes on cash 217 332
Net increase in cash and cash equivalents 12,138 6,281
CASH AND CASH EQUIVALENTS at beginning of period 10,372 11,138
CASH AND CASH EQUIVALENTS at end of period 22,510 17,419
Cash paid during the period for:    
Interest 1,561 2,516
Income taxes $ 1,030 $ 13,785