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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 34,352 $ 55,435 $ 90,954
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 29,022 28,298 27,243
Amortization of deferred financing cost 491 421 228
Increase (decrease) to allowance for expected credit losses 2,943 (757) 451
Increase (decrease) to inventory reserves 3,068 6,035 (585)
Customer bankruptcy charge 0 7,002 0
Equity income from joint ventures (2,070) (3,464) (3,295)
Employee Stock Ownership Plan allocation 2,966 2,296 2,513
Stock-based compensation 6,598 8,178 9,479
(Increase) in deferred income taxes (6,952) (713) (1,801)
Increase in tax valuation allowance 674 1,068 466
Loss on discontinued operations, net of tax 28,996 17,691 8,467
Change in assets and liabilities:      
Decrease in accounts receivable 7,965 6,916 28,464
(Increase) decrease in inventories 29,494 (67,495) (107,609)
(Increase) in prepaid expenses and other current assets (70) (5,509) (843)
Increase (decrease) in accounts payable 19,645 (48,604) 33,046
Increase (decrease) in sundry payables and accrued expenses (4,284) (29,089) 13,430
Net changes in other assets and liabilities (8,578) (5,242) (15,044)
Net cash provided by (used in) operating activities 144,260 (27,533) 85,564
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisition of and investment in businesses (3,954) (1,934) (125,419)
Cash acquired in step acquisition 6,779 0 0
Capital expenditures (28,633) (25,956) (25,875)
Other investing activities 108 73 45
Net cash used in investing activities (25,700) (27,817) (151,249)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under the term loan 0 100,000 0
Repayments of term loan (5,000) (2,500) 0
Net borrowings (repayments) under revolving credit facilities (78,500) 16,702 115,298
Net borrowings (repayments) of other debt and lease obligations (58) (2,895) 3,048
Purchase of treasury stock 0 (29,656) (26,862)
Payments of debt issuance costs 0 (2,128) 0
Increase (decrease) in overdraft balances (189) (595) 247
Dividends paid (25,164) (23,428) (22,179)
Dividends paid to noncontrolling interest (700) 0 (540)
Net cash provided by (used in) financing activities (109,611) 55,500 69,012
Effect of exchange rate changes on cash 2,427 (755) (1,060)
Net increase (decrease) in cash and cash equivalents 11,376 (605) 2,267
CASH AND CASH EQUIVALENTS at beginning of year 21,150 21,755 19,488
CASH AND CASH EQUIVALENTS at end of year 32,526 21,150 21,755
Cash paid during the year for:      
Interest 14,597 9,892 1,721
Income taxes $ 16,019 $ 25,015 $ 26,323