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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net earnings $ 43,168 $ 33,961
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 14,222 17,397
Provision for losses on accounts receivable 2,178 3,136
Non-cash stock-based compensation 4,716 4,409
Deferred income taxes 643 (509)
Amortization of debt discount 4,172 3,965
Other adjustments (7,617) 1,297
Changes in assets and liabilities:    
Decrease in accounts receivable 93,485 22,648
Increase in inventories (67,946) (48,332)
Decrease in other assets 16,759 57,241
(Decrease) increase in accounts payable (25,315) 23,277
Decrease in accrued expenses and other liabilities (35,759) (25,364)
Net cash provided by operating activities 42,706 93,126
Cash flows from investing activities:    
Proceeds from sale of assets held for sale 27,211 14,218
Purchases of property and equipment (7,847) (7,382)
Acquisitions, net of cash and cash equivalents acquired   (6,406)
Net cash provided by investing activities 19,364 430
Cash flows from financing activities:    
Net repayments under inventory financing facilities (17,782) (764)
Repurchases of common stock   (25,000)
Other payments (7,485) (5,756)
Net cash used in financing activities (49,267) (141,766)
Foreign currency exchange effect on cash, cash equivalents and restricted cash balances (2,445) (3,615)
Increase (decrease) in cash, cash equivalents and restricted cash 10,358 (51,825)
Cash, cash equivalents and restricted cash at beginning of period 130,582 116,297
Cash, cash equivalents and restricted cash at end of period 140,940 64,472
ABL Facility [Member]    
Cash flows from financing activities:    
Borrowings on senior revolving credit facility 897,848 678,197
Repayments on senior revolving credit facility $ (921,848) $ (788,443)