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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flow from operating activities:    
Net income $ 332,631 $ 246,850
Adjustments to reconcile net income to cash provided by operations:    
Depreciation and amortization 41,708 48,415
Deferred income tax provision 11,216 (6,180)
Non-cash stock-based compensation expense 1,666 16,293
Non-cash interest expense (3,103) 9,750
Other adjustments 230 6,784
Net change in working capital* (101,622) 47,174
Change in related party Tax Receivable Agreement (3,828) (21,752)
Change in long-term assets and liabilities (4,293) (4,323)
Net cash provided by operating activities 274,605 343,011
Cash flow from investing activities:    
Capital expenditures (45,281) (40,426)
Proceeds from the sale of fixed assets 161 356
Net cash used in investing activities (45,120) (40,070)
Cash flow from financing activities:    
Debt issuance and modification costs (2,232) (3,109)
Principal payments on long term debt (110,000) (300,000)
Repurchase of common stock - non-related party (60,000) (42,378)
Payments for taxes related to net share settlement of equity awards (230) (4,074)
Proceeds from exercise of stock options 225 0
Dividends paid to non-related party (5,843) (5,446)
Dividends paid to non- related party (1,919) (2,567)
Interest rate swap settlements 3,762 (3,264)
Net cash used in financing activities (176,237) (360,838)
Net change in cash and cash equivalents 53,248 (57,897)
Effect of exchange rate changes on cash and cash equivalents (1,368) (889)
Cash and cash equivalents at beginning of period 57,514 145,442
Cash and cash equivalents at end of period 109,394 86,656
* Net change in working capital due to changes in the following components:    
Accounts and notes receivable, net 22,229 (3,455)
Inventories (146,501) (7,246)
Prepaid expenses and other current assets 1,690 (17,664)
Income taxes payable (20,226) (2,371)
Accounts payable and accruals 35,373 71,748
Interest payable 5,813 6,162
Net change in working capital (101,622) 47,174
Interest paid 22,998 38,296
Income taxes paid $ 63,446 $ 51,394