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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Cash flows from operating activities:                
Net income $ 35,612 $ 36,545   $ 25,887 $ 7,259 $ 133,320 $ 66,572  
Adjustments to reconcile net income to cash flows provided by operating activities:                
Depreciation and amortization           96,000 98,818  
Stock-based compensation expense           13,961 14,027  
Other non-cash items           4,927 4,611  
Changes in assets and liabilities, net of acquisitions of businesses:                
Accounts receivable, net           (102,127) (121,914)  
Inventories, net           81,166 246,155  
Prepaid expenses and other assets           (1,491) 31,237  
Accounts payable, trade           8,333 54,817  
Accrued expenses and other liabilities           29,599 (5,060)  
Net cash flows provided by operating activities           263,688 389,263  
Cash flows from investing activities:                
Capital expenditures           (31,390) (50,060)  
Acquisitions of businesses           (19,957) (25,851)  
Other investing activities           781 4,284  
Net cash flows used in investing activities           (50,566) (71,627)  
Cash flows from financing activities:                
Vesting of stock-based awards, net of shares tendered for payment of taxes           (9,120) (9,591)  
Proceeds from revolving credit facility           86,248 248,900  
Repayments under revolving credit facility           (87,766) (414,554)  
Repayments under term loan and other borrowings           (26,357) (45,767)  
Payment of dividends           (80,191) (79,744)  
Payment of contingent consideration and holdbacks related to acquisitions           (2) (31,857)  
Other financing activities           0 (834)  
Net cash flows used in financing activities           (117,188) (333,447)  
Effect of exchange rate changes on cash and cash equivalents           (907) (446)  
Net increase (decrease) in cash and cash equivalents           95,027 (16,257)  
Cash and cash equivalents at beginning of period   $ 66,157 $ 31,242   $ 47,499 66,157 47,499 $ 47,499
Cash and cash equivalents at end of period $ 161,184   $ 66,157 $ 31,242   161,184 31,242 $ 66,157
Supplemental disclosure of cash flow information:                
Interest           24,535 29,459  
Income taxes, net of refunds           38,685 7,531  
Purchase of property and equipment in accrued expenses           $ 106 $ 451