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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net Income (Loss) Attributable to Parent $ 149,663 $ 98,115
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 10,943 10,133
Amortization 13,884 13,998
Deferred tax benefit (5,068) (3,718)
Share-based compensation 4,575 4,395
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 12,232 39,906
Inventories (28,029) (20,674)
Other current assets (4,175) (4,211)
Trade accounts payable 15,543 (15,050)
Taxes payable 15,411 (15,096)
Other Operating Activities, Cash Flow Statement (26,102) (42,283)
Net cash provided by operating activities 158,877 65,515
Cash flows from investing activities:    
Purchase of property, plant and equipment (24,605) (18,835)
Payments to Acquire Businesses, Net of Cash Acquired (185,074) (5,610)
Payments for (Proceeds from) Derivative Instrument, Investing Activities 18,226 (10,008)
Net cash used in investing activities (191,453) (34,453)
Cash flows from financing activities:    
Proceeds from borrowings 827,991 832,268
Repayments of borrowings (523,146) (551,319)
Proceeds from stock option exercises 5,049 7,135
Repurchases of common stock (262,500) (200,000)
Proceeds from (Payments for) Other Financing Activities (714) (800)
Net cash used in financing activities 46,680 87,284
Effect of exchange rate changes on cash and cash equivalents (1,704) (2,546)
Net (decrease) increase in cash and cash equivalents 12,400 115,800
Cash and cash equivalents:    
Beginning of period 94,254 207,785
End of period $ 106,654 $ 323,585