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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net Income (Loss) Attributable to Parent $ 98,115 $ 111,805
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 10,133 9,767
Amortization 13,998 12,222
Deferred tax benefit (3,718) (14,939)
Share-based compensation 4,395 4,482
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 39,906 45,410
Inventories (20,674) (13,092)
Other current assets (4,211) (6,678)
Trade accounts payable (15,050) (24,326)
Taxes payable (15,096) 3,150
Other Operating Activities, Cash Flow Statement (42,283) (29,006)
Net cash provided by operating activities 65,515 98,795
Cash flows from investing activities:    
Purchase of property, plant and equipment (18,835) (22,332)
Payments to Acquire Businesses, Net of Cash Acquired (5,610) 0
Payments for (Proceeds from) Derivative Instrument, Investing Activities (10,008) 4,802
Net cash used in investing activities (34,453) (17,530)
Cash flows from financing activities:    
Proceeds from borrowings 832,268 302,707
Repayments of borrowings (551,319) (271,646)
Proceeds from stock option exercises 7,135 28,990
Repurchases of common stock (200,000) (186,250)
Payment for Contingent Consideration Liability, Financing Activities 0 (10,000)
Proceeds from (Payments for) Other Financing Activities (800) 0
Net cash used in financing activities 87,284 (136,199)
Effect of exchange rate changes on cash and cash equivalents (2,546) 3,304
Cash and cash equivalents:    
Beginning of period 207,785 178,110
End of period 323,585 126,480
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $ 115,800 $ (51,630)