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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 13,396 $ 65,325
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 27,423 21,565
Deferred income tax provision 12,978 12,349
Income on indirect taxes 0 (3,096)
Gain on fixed asset and investment sale (388) (71)
Stock-based compensation 1,801 2,215
Issuance of stock under 401(k) plan 892 878
Proceeds from property insurance settlement (3,537) 0
Foreign currency gain (1,063) (2,130)
(Increase) decrease in assets, net of acquisitions:    
Accounts receivable (8,437) (16,322)
Inventories 34,764 24,096
Prepaid and other current assets (3,789) 12,512
Other assets (1,468) 1,285
Increase (decrease) in liabilities, net of acquisitions:    
Accounts payable (2,930) (32,005)
Other current liabilities 1,773 781
Other liabilities 1,431 1,508
Net cash provided by operating activities 72,846 88,890
Cash flows from investing activities:    
Capital expenditures (34,199) (27,567)
Business acquisition, net of cash acquired (142,207) 0
Proceeds from property insurance settlement 3,537 0
Proceeds from sale of fixed assets 1,597 289
Net cash used for investing activities (171,272) (27,278)
Cash flows from financing activities:    
Proceeds from borrowings 159,539 4,373
Repayments of debt (34,095) (21,030)
Payment of debt issuance costs (3,115) 0
Repurchase of common stock (7,762) (6,390)
Other financing activities (692) (2,748)
Net cash provided by (used for) financing activities 113,875 (25,795)
Effect of exchange rate changes on cash (11,600) 1,058
Net increase in cash and cash equivalents 3,849 36,875
Cash and cash equivalents, beginning of period 220,251 159,577
Cash and cash equivalents, end of period 224,100 196,452
Supplemental information:    
Interest paid 17,956 15,485
Income taxes paid, net of refunds received 11,815 12,684
Non cash financing activity:    
Issuance of common stock in connection with business acquisition $ 168,693 $ 0