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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net earnings $ 42,208 $ 28,476 $ 34,352
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:      
Depreciation and amortization 43,848 31,413 29,022
Amortization of deferred financing cost 1,216 1,911 491
Increase to allowance for expected credit losses 4,642 732 2,943
Increase to inventory reserves 9,850 4,155 3,068
Equity income from joint ventures (3,556) (4,274) (2,070)
Employee stock ownership plan allocation 2,700 2,787 2,966
Stock-based compensation 7,502 6,127 6,598
Increase in deferred income taxes (11,843) (9,996) (6,952)
Increase in tax valuation allowance 2,420 770 674
Other non-cash items 1,987 0 0
Loss on discontinued operations, net of tax 37,698 26,128 28,996
Change in assets and liabilities:      
(Increase) decrease in accounts receivable (16,767) (8,753) 7,965
(Increase) decrease in inventories (81,629) (36,883) 29,494
(Increase) decrease in prepaid expenses and other current assets 6,655 856 (70)
Increase in accounts payable 14,601 8,166 19,645
Increase (decrease) in sundry payables and accrued expenses (6,110) 24,170 (4,284)
Net changes in other assets and liabilities 2,018 908 (8,578)
Net cash provided by operating activities 57,440 76,693 144,260
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisitions of businesses, net of cash acquired 0 (372,491)  
Step acquisition of affiliate 0 0 (3,954)
Cash acquired in step acquisition     6,779
Capital expenditures (38,724) (44,018) (28,633)
Other investing activities 3,060 (2,174) 108
Net cash used in investing activities (35,664) (418,683) (25,700)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under term loans 0 211,457 0
Repayments of term loans (15,755) (93) (5,000)
Net borrowings (repayments) under revolving credit facilities 41,910 180,671 (78,500)
Net borrowings (repayments) of other debt and lease obligations 1,570 595 (58)
Purchase of treasury stock 0 (10,428) 0
Payments of debt issuance costs 0 (5,133) 0
Increase (decrease) in overdraft balances 63 166 (189)
Dividends paid (27,272) (25,341) (25,164)
Dividends paid to noncontrolling interest (785) (2,347) (700)
Net cash provided by (used in) financing activities (269) 349,547 (109,611)
Effect of exchange rate changes on cash 6,098 4,343 2,427
Net increase in cash and cash equivalents 27,605 11,900 11,376
CASH AND CASH EQUIVALENTS at beginning of year 44,426 32,526 21,150
CASH AND CASH EQUIVALENTS at end of year 72,031 44,426 32,526
Supplemental disclosure of cash flow information:      
Cash paid during the year for interest $ 32,728 $ 14,044 $ 14,597