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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities      
Net income $ 99,415 $ 143,568 $ 164,031
Adjustments to reconcile net income to cash provided by operating activities      
Depreciation and amortization 13,107 10,980 6,812
Non-cash lease expense 4,607 6,098 5,069
Share-based compensation 8,188 11,053 9,903
Loss on sale or disposal of property, plant and equipment 1,172 2,130 2
Amortization of (discount) premium on investment securities (169) 14 89
Deferred income taxes 1,211 (924) (3,715)
Unrealized gain on equity investment securities (150) 0 0
Change in operating assets and liabilities:      
Inventories 64,265 61,187 (126,651)
Income taxes (9,155) 1,373 (945)
Prepaid expenses and other current assets 5,567 97 (9,887)
Other assets (4,694) (3,412) (4,543)
Accounts payable and accrued expenses (35,707) (37,594) 54,380
Net cash flow provided by operating activities 147,657 194,570 94,545
Investing Activities      
Purchase of investment securities (54,564) 0 0
Sale and maturities of investment securities 0 5,267 5,145
Purchase of property and equipment (6,483) (16,681) (34,209)
Net cash flow used in investing activities (61,047) (11,414) (29,064)
Financing Activities      
Options exercised by executives and directors 188 0 811
Net shares repurchased for taxes (3,358) (1,516) (6,089)
Cash dividends paid to stockholders (73,017) (71,620) (63,856)
Stock repurchases (3,602) (126,445) (55,999)
Net cash flow used in financing activities (79,789) (199,581) (125,133)
Foreign currency impact (72) (67) 112
Increase (Decrease) in cash and cash equivalents 6,749 (16,492) (59,540)
Cash and cash equivalents - beginning of the period 87,691 104,183 163,723
Cash and cash equivalents - end of period 94,440 87,691 104,183
Supplemental disclosure of cash flow information      
Income taxes paid 34,255 37,212 56,758
Dividends declared included in accounts payable $ 1,407 $ 19,641 $ 17,186