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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Cash flows from operating activities:                
Net income $ 25,887 $ 7,259   $ 61,392 $ 196,181 $ 66,572 $ 412,103  
Adjustments to reconcile net income to cash flows provided by operating activities:                
Depreciation and amortization           98,818 95,966  
Stock-based compensation expense           14,027 20,564  
Deferred taxes           0 (2,401)  
Other non-cash items           4,611 1,174  
Changes in assets and liabilities, net of acquisitions of businesses:                
Accounts receivable, net           (121,914) (18,128)  
Inventories, net           246,155 26,508  
Prepaid expenses and other assets           31,237 31,304  
Accounts payable, trade           54,817 (82,054)  
Accrued expenses and other liabilities           (5,060) 471  
Net cash flows provided by operating activities           389,263 485,507  
Cash flows from investing activities:                
Capital expenditures           (50,060) (103,748)  
Acquisitions of businesses           (25,851) (55,709)  
Other investing activities           4,284 2,137  
Net cash flows used in investing activities           (71,627) (157,320)  
Cash flows from financing activities:                
Vesting of stock-based awards, net of shares tendered for payment of taxes           (9,591) (10,805)  
Proceeds from revolving credit facility           248,900 844,900  
Repayments under revolving credit facility           (414,554) (1,001,040)  
Repayments under shelf loan, term loan, and other borrowings           (45,767) (65,852)  
Payment of dividends           (79,744) (76,273)  
Payment of contingent consideration and holdbacks related to acquisitions           (31,857) (57,328)  
Other financing activities           (834) 1,468  
Net cash flows used in financing activities           (333,447) (364,930)  
Effect of exchange rate changes on cash and cash equivalents           (446) (2,750)  
Net decrease in cash and cash equivalents           (16,257) (39,493)  
Cash and cash equivalents at beginning of period   $ 47,499 $ 23,403   $ 62,896 47,499 62,896 $ 62,896
Cash and cash equivalents at end of period $ 31,242   $ 47,499 $ 23,403   31,242 23,403 $ 47,499
Supplemental disclosure of cash flow information:                
Cash paid during the period for interest           29,459 16,326  
Cash paid during the period for income taxes, net of refunds           7,531 144,121  
Purchase of property and equipment in accrued expenses           $ 451 $ 2,019