CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 126,030	$ 74,177
Non-controlling interests in subsidiaries' income (loss)	1	(44)
Net income including non-controlling interests	126,031	74,133
Adjustments to reconcile Net income including non-controlling interests to Net cash provided by operating activities:
Rationalization and asset impairment net charges (Note 6)	1,188	60
Depreciation and amortization	19,891	19,118
Equity earnings in affiliates, net	(113)	(177)
Deferred income taxes	(18,207)	(16,115)
Stock-based compensation	11,148	6,402
Other, net	(162)	9,016
Changes in operating assets and liabilities, net of effects from acquisitions:
Increase in accounts receivable	(86,120)	(65,795)
Increase in inventories	(55,407)	(42,568)
Increase in other current assets	(25,152)	(8,095)
Increase in trade accounts payable	39,284	42,325
Increase in other current liabilities	32,116	30,266
Net change in other assets and liabilities	(1,407)	(3,308)
NET CASH PROVIDED BY OPERATING ACTIVITIES	43,090	45,262
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(18,672)	(9,936)
Acquisition of businesses, net of cash acquired	(22,013)	0
Proceeds from sale of property, plant and equipment	569	584
Other investing activities	0	6,500
NET CASH USED BY INVESTING ACTIVITIES	(40,116)	(2,852)
CASH FLOWS FROM FINANCING ACTIVITIES
Amounts due banks, net	96,308	1,307
Proceeds from exercise of stock options	1,035	2,780
Purchase of shares for treasury (Note 8)	(104,579)	(28,459)
Cash dividends paid to shareholders	(33,361)	(30,999)
NET CASH USED BY FINANCING ACTIVITIES	(40,597)	(55,371)
Effect of exchange rate changes on Cash and cash equivalents	(962)	(2,192)
DECREASE IN CASH AND CASH EQUIVALENTS	(38,585)	(15,153)
Cash and cash equivalents at beginning of period	192,958	257,279
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 154,373	$ 242,126