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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities    
Net Income $ 53,545 $ 78,885
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]    
Share-based compensation 6,055 5,328
Equity in earnings of unconsolidated investments, net (54) (57)
Other 1,377 (853)
Changes in operating assets and liabilities, net of effects of acquisitions:    
Receivables (180,546) (181,705)
Product inventories (168,410) (133,249)
Prepaid expenses and other assets 19,051 15,741
Accounts payable 366,728 401,384
Accrued expenses and other liabilities (82,509) (50,781)
Net Cash Provided by operating activities 27,224 145,442
Investing activities    
Acquisition of businesses, net of cash acquired 0 (1,348)
Purchases of property and equipment, net of sale proceeds (13,295) (17,038)
Other Investments (266) (566)
Net cash used in investing activities (13,561) (18,952)
Financing activities    
Proceeds from revolving line of credit 427,700 228,400
Payments on revolving line of credit (454,600) (365,500)
Payments on term loan under credit facility (6,250) (6,250)
Proceeds from asset-backed financing 207,300 208,600
Payments on asset-backed financing (91,000) (138,000)
Payments on term facility (9,938) 0
Proceeds from short-term borrowings and current portion of long-term debt 1,816 14
Payments on short-term borrowings and current portion of long-term debt (480) (1,561)
Proceeds from stock issued under share-based compensation plans 6,383 8,773
Payments of cash dividends (45,226) (42,334)
Repurchases of common stock (56,316) (16,304)
Net cash (used in) provided by financing activities (20,611) (124,162)
Effect of exchange rate changes on cash and cash equivalents 730 (894)
Change in cash and cash equivalents (6,218) 1,434
Cash and cash equivalents at beginning of period 77,862 66,540
Cash and cash equivalents at end of period 71,644 67,974
Reportable Segment    
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity [Abstract]    
Depreciation 9,840 8,661
Amortization $ 2,147 $ 2,088