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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net earnings $ 101,337 $ 76,495
Adjustments to reconcile net earnings to net cash used for operating activities:    
Depreciation and amortization 30,821 26,983
Loss on sale/disposal of long-lived assets 229 21
Deferred income taxes (2,303) (2,742)
Share-based compensation 5,271 4,695
Non-cash restructuring charges 281 0
Change in operating assets and liabilities, net of businesses acquired:    
Receivables, net (72,749) (47,742)
Inventories, net (34,079) (45,851)
Accounts payable and accrued expenses (35,967) (34,816)
Deferred revenue (12,714) (5,776)
Pension and postretirement liabilities, net (6,030) (4,733)
Other current and long-term assets and liabilities (12,862) (12,167)
Net cash used for operating activities (38,765) (45,633)
Cash flows from investing activities:    
Proceeds from sale/disposal of long-lived assets 499 41
Additions to property, plant, and equipment (15,773) (12,055)
Additional consideration paid on prior year acquisitions (9,619) 0
Net cash used for investing activities (24,893) (12,014)
Cash flows from financing activities:    
Borrowings under revolving credit facility 78,067 4,879
Payment of revolving credit facility (78,067) (4,879)
Principal payments on debt (90,000) 0
Repurchases of common stock (14,250) (12,190)
Proceeds from share-based compensation 5,981 5,472
Other (309) (288)
Net cash used for financing activities (98,578) (7,006)
Effect of exchange-rate changes on cash 3,653 (4,180)
Net decrease in cash and cash equivalents (158,583) (68,833)
Cash and cash equivalents at beginning of period 385,042 406,867
Cash and cash equivalents at end of period $ 226,459 $ 338,034