CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 170,282	$ 82,558
Non-controlling interests in subsidiaries' income (loss)	131	10
Net income including non-controlling interests	170,413	82,568
Adjustments to reconcile Net income including non-controlling interests to Net cash provided by operating activities:
Rationalization and asset impairment net (gains) charges (Note 6)	(1,374)	21,905
Depreciation and amortization	38,508	41,078
Equity earnings in affiliates, net	(291)	(243)
Deferred income taxes	(20,995)	(10,636)
Stock-based compensation	12,651	7,807
Other, net	3,524	(2,459)
Changes in operating assets and liabilities, net of effects from acquisitions:
(Increase) decrease in accounts receivable	(87,571)	23,666
Increase in inventories	(83,186)	(30,378)
(Increase) decrease in other current assets	(12,007)	3,241
Increase (decrease) in trade accounts payable	63,275	(40,115)
Increase in other current liabilities	59,128	29,169
Net change in other assets and liabilities	3,159	410
NET CASH PROVIDED BY OPERATING ACTIVITIES	145,234	126,013
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(27,768)	(25,011)
Acquisition of businesses, net of cash acquired	(83,723)	0
Proceeds from sale of property, plant and equipment	2,557	6,218
Other investing activities	6,500	0
NET CASH USED BY INVESTING ACTIVITIES	(102,434)	(18,793)
CASH FLOWS FROM FINANCING ACTIVITIES
Amounts due banks, net	1,163	15,095
Proceeds from exercise of stock options	5,672	2,002
Purchase of shares for treasury (Note 8)	(53,688)	(112,975)
Cash dividends paid to shareholders	(61,379)	(59,814)
Other financing activities	(763)	0
NET CASH USED BY FINANCING ACTIVITIES	(108,995)	(155,692)
Effect of exchange rate changes on Cash and cash equivalents	(200)	(8,036)
DECREASE IN CASH AND CASH EQUIVALENTS	(66,395)	(56,508)
Cash and cash equivalents at beginning of period	257,279	199,563
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 190,884	$ 143,055