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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from Operating Activities    
Net Income $ 52,977,000 $ 96,566,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and long-lived asset impairments 34,714,000 34,387,000
Amortization of lease right-of-use asset 16,492,000 17,569,000
Net pension benefit and special separation benefit expense (23,162,000) (44,782,000)
Gain on marketable equity securities and cost method investments, net (19,853,000) (46,912,000)
Gain on disposition of property, plant and equipment and investments, net (1,053,000) (1,593,000)
Credit loss expense and provision for other receivables 15,000 1,503,000
Stock-based compensation expense 1,802,000 1,677,000
Foreign exchange loss 1,504,000 1,047,000
Equity in earnings of affiliates, net of distributions (4,655,000) 2,020,000
(Benefit from) provision for deferred income taxes (1,781,000) 16,182,000
Contingent consideration accretion expense 315,000 76,000
Change in operating assets and liabilities:    
Accounts receivable, net 54,245,000 89,228,000
Inventories (19,318,000) (15,298,000)
Accounts payable and accrued liabilities (48,264,000) (78,819,000)
Deferred revenue (2,387,000) (9,037,000)
Income taxes receivable/payable 17,274,000 18,392,000
Lease liabilities (16,182,000) (20,247,000)
Other assets and other liabilities, net (18,800,000) (18,549,000)
Other (1,072,000) 1,482,000
Net Cash Provided by Operating Activities 22,811,000 44,892,000
Cash Flows from Investing Activities    
Proceeds from sales of marketable equity securities 29,028,000 55,731,000
Purchases of property, plant and equipment (22,554,000) (14,207,000)
Purchases of marketable equity securities (6,162,000) 0
Investments in equity affiliates, cost method and other investments (4,735,000) (23,698,000)
Net proceeds from disposition of property, plant and equipment, and investments 2,706,000 1,334,000
Other (237,000) 363,000
Net Cash (Used in) Provided by Investing Activities (1,954,000) 19,523,000
Cash Flows from Financing Activities    
Net payments under revolving credit facilities (33,000,000) (37,000,000)
Common shares repurchased (23,439,000) (9,527,000)
Dividends paid (7,910,000) (7,749,000)
Net proceeds from (repayments of) vehicle floor plan payable 7,196,000 (3,889,000)
Repayments of borrowings (3,999,000) (977,000)
Proceeds from (repayments of) bank overdrafts 3,153,000 (2,868,000)
Deferred payments of acquisition (161,000) (3,294,000)
Other 358,000 942,000
Net Cash Used in Financing Activities (57,802,000) (64,362,000)
Effect Of Currency Exchange Rate Change 1,235,000 (208,000)
Net Decrease in Cash and Cash Equivalents and Restricted Cash (35,710,000) (155,000)
Beginning Cash and Cash Equivalents and Restricted Cash 190,432,000 158,843,000
Ending Cash and Cash Equivalents and Restricted Cash $ 154,722,000 $ 158,688,000