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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net Income (Loss) Attributable to Parent $ 174,001 $ 149,663
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 11,880 10,943
Amortization 16,604 13,884
Deferred tax benefit (1,096) (5,068)
Share-based compensation 4,509 4,575
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 23,293 12,232
Inventories (37,643) (28,029)
Other current assets (15,031) (4,175)
Trade accounts payable (15,396) 15,543
Taxes payable 16,308 15,411
Other Operating Activities, Cash Flow Statement (86,592) (26,102)
Net cash provided by operating activities 90,837 158,877
Cash flows from investing activities:    
Purchase of property, plant and equipment (19,151) (24,605)
Payments to Acquire Businesses, Net of Cash Acquired (9,704) (185,074)
Payments for (Proceeds from) Derivative Instrument, Investing Activities 3,743 18,226
Net cash used in investing activities (7,112) (191,453)
Cash flows from financing activities:    
Proceeds from borrowings 684,037 827,991
Repayments of borrowings (478,479) (523,146)
Proceeds from stock option exercises 5,289 5,049
Repurchases of common stock (275,000) (262,500)
Proceeds from (Payments for) Other Financing Activities (332) (714)
Net cash used in financing activities (64,485) 46,680
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (855) (1,704)
Net (decrease) increase in cash and cash equivalents 18,385 12,400
Cash and cash equivalents:    
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 116,949 $ 106,654
Proceeds from government funding $ 18,000