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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net earnings $ 76,495 $ 56,846
Adjustments to reconcile net earnings to net cash used for operating activities:    
Depreciation and amortization 26,983 28,927
Loss on sale/disposal of long-lived assets 21 93
Deferred income taxes (2,742) (2,619)
Share-based compensation 4,695 5,179
Change in operating assets and liabilities, net of businesses acquired:    
Receivables, net (47,742) 6,114
Inventories, net (45,851) (42,897)
Accounts payable and accrued expenses (34,816) (85,442)
Deferred revenue (5,776) (8,252)
Pension and postretirement liabilities, net (4,733) (4,946)
Other current and long-term assets and liabilities (12,167) (44,602)
Net cash used for operating activities (45,633) (91,599)
Cash flows from investing activities:    
Proceeds from sale/disposal of long-lived assets 41 224
Additions to property, plant, and equipment (12,055) (10,661)
Net cash used for investing activities (12,014) (10,437)
Cash flows from financing activities:    
Borrowings under revolving credit facility 4,879 465,025
Repayments of Lines of Credit (4,879) (286,825)
Repayments of Senior Debt 0 (202,500)
Repurchases of common stock (12,190) (12,386)
Proceeds from share-based compensation 5,472 5,225
Other (288) (268)
Net cash used for financing activities (7,006) (31,729)
Effect of exchange-rate changes on cash (4,180) 7,450
Net decrease in cash and cash equivalents (68,833) (126,315)
Cash and cash equivalents at beginning of period 406,867 256,974
Cash and cash equivalents at end of period $ 338,034 $ 130,659