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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net earnings $ 484,228 $ 404,978 $ 354,509
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 124,817 107,667 116,172
(Gain)/loss on sale/disposal of long-lived assets 362 (10) (2,883)
Deferred income taxes 14,995 (11,822) 2,908
Share-based compensation 21,520 18,888 16,803
Non-cash restructuring charges 468 4,274 0
Changes in operating assets and liabilities, net of businesses acquired and disposed of:      
Receivables, net (82,850) (88,808) (2,394)
Inventories, net (63,482) (34,500) (21,568)
Accounts payable and accrued expenses 73,929 16,024 (15,779)
Deferred revenue 97,683 144,269 47,914
Pension and postretirement liabilities, net (27,526) (18,880) (18,307)
Other current and long-term assets and liabilities (742) 2,195 (29,286)
Net cash provided by operating activities 643,402 544,275 448,089
Cash flows from investing activities:      
Proceeds from sale/disposal of long-lived assets 1,268 3,206 9,147
Additions to property, plant, and equipment (89,692) (60,974) (44,666)
Proceeds from sale of equity securities 7,919 0 0
Acquisition of businesses, net of cash acquired 0 (225,541) 0
Additional consideration paid on prior year acquisitions (9,619) 0 0
Net cash used for investing activities (90,124) (283,309) (35,519)
Cash flows from financing activities:      
Borrowings under revolving credit facilities 475,100 21,309 638,116
Payment of revolving credit facilities (475,100) (21,309) (638,116)
Principal payments on debt (90,000) 0 (202,500)
Repurchases of company stock (464,950) (250,000) (50,141)
Proceeds from share-based compensation plans 12,538 11,345 10,584
Dividends paid (34,727) (31,656) (30,249)
Other (1,159) (1,182) (1,097)
Net cash used for financing activities (578,298) (271,493) (273,403)
Effect of exchange-rate changes on cash 11,323 (11,298) 10,726
Net increase (decrease) in cash and cash equivalents (13,697) (21,825) 149,893
Cash and cash equivalents at beginning of period 385,042 406,867 256,974
Cash and cash equivalents at end of period $ 371,345 $ 385,042 $ 406,867