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Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net Income (Loss) Attributable to Parent $ 188,426 $ 174,001
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation 12,023 11,880
Amortization 17,779 16,604
Deferred tax benefit 602 (1,096)
Share-based compensation 4,027 4,509
Increase (decrease) in cash resulting from changes in:    
Trade accounts receivable, net 72,109 23,293
Inventories 15,559 (37,643)
Other current assets (3,720) (15,031)
Trade accounts payable (71,941) (15,396)
Taxes payable (3,752) 16,308
Other Operating Activities, Cash Flow Statement (77,850) (86,592)
Net cash provided by operating activities 153,262 90,837
Cash flows from investing activities:    
Purchase of property, plant and equipment (23,196) (19,151)
Payments to Acquire Businesses, Net of Cash Acquired (613) (9,704)
Payments for (Proceeds from) Derivative Instrument, Investing Activities 1,423 3,743
Net cash used in investing activities (22,386) (7,112)
Cash flows from financing activities:    
Proceeds from borrowings 605,018 684,037
Repayments of borrowings (503,516) (478,479)
Proceeds from stock option exercises 11,473 5,289
Repurchases of common stock (249,999) (275,000)
Proceeds from (Payments for) Other Financing Activities (611) (332)
Net cash used in financing activities (137,635) (64,485)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (122) (855)
Net (decrease) increase in cash and cash equivalents (6,881) 18,385
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 89,085 116,949
Cash and cash equivalents: (6,881) $ 18,385
Proceeds from government funding $ 0