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Condensed Consolidated Statements of Cash Flows
$ in Thousands
 6 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Cash flows from operating activities:    
Net income $ 126,724 $ 60,697
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (1,391) 10,374
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax 102,221 5,414
Income from continuing operations 25,894 44,909
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation expense 24,574 20,281
Amortization expense 53,051 42,026
Amortization of Acquisition Costs 1,134 3,812
Amortization of debt issuance costs 2,029 1,731
Noncontrolling stockholder stock based compensation 5,711 5,361
Provision for receivable and inventory reserves (2,201) (2,173)
Deferred taxes (7,516) (3,756)
Other 1,047 239
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 33,982 (2,279)
Inventories (58,387) (136,498)
Other current and non-current assets (1,459) (13,320)
Accounts payable and accrued expenses (39,333) (7,098)
Cash provided by (used in) operating activities - continuing operations 38,526 (46,765)
Net Cash Provided by (Used in) Operating Activities, Total 37,239 (35,337)
Cash Provided by (Used in) Operating Activities, Discontinued Operations (1,287) 11,428
Payments to Acquire Businesses, Net of Cash Acquired (22,816) (3,636)
Cash flows from investing activities:    
Purchases of property and equipment (31,540) (24,435)
Proceeds from Divestiture of Businesses 105,123 6,898
Other investing activities (1,107) (903)
Cash provided by (used in) investing activities - continuing operations 49,660 (22,076)
Cash Provided by (Used in) Investing Activities, Discontinued Operations 68,169 (162)
Cash flows from financing activities:    
Proceeds from Issuance of Common Stock (91) 62,155
Borrowings under credit facility 217,000 24,000
Repayments under credit facility (280,000) (24,000)
Repayments of Other Long-Term Debt 5,000 0
Distributions paid - common shares (36,038) (34,863)
Distributions paid - preferred shares (12,091) (12,091)
Payments to Noncontrolling Interests, Allocation Interests (26,475) 0
Payments to Noncontrolling Interests 0 (11,292)
Net proceeds provided by noncontrolling shareholders 57 440
Payments for Repurchase Subsidiary Stock 1,115 703
Payments of Debt Issuance Costs 0 (35)
Other (10) (14)
Net cash provided by (used in) financing activities (149,619) 3,597
Foreign currency impact on cash 634 (1,132)
Net increase (decrease) in cash and cash equivalents 6,083 (55,110)
Cash and cash equivalents — beginning of period (1) 61,271 160,733
Cash and cash equivalents — end of period (2) 67,354 105,623
Net Cash Provided by (Used in) Investing Activities, Total 117,829 (22,238)
Disposal Group, Including Discontinued Operation, Cash   2,900
Gain (loss) on sale of discontinued operations, net of income tax 102,221 5,414
Payments for Repurchase of Common Stock $ (5,856) $ 0