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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows provided by (used in) operating activities:    
Net income $ 46,742 $ 45,721
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 51,232 48,931
Rationalization charges 6,083 703
Stock compensation expense 3,909 3,700
Other changes that provided (used) cash:    
Trade accounts receivable, net (88,594) (49,615)
Inventories (53,793) (74,451)
Trade accounts payable (81,242) (16,077)
Accrued liabilities (51,321) (41,215)
Other, net 11,198 (7,816)
Net cash used in operating activities (155,786) (90,119)
Cash flows provided by (used in) investing activities:    
Capital expenditures (61,746) (49,196)
Other, net 20 800
Net cash used in investing activities (61,726) (48,396)
Cash flows provided by (used in) financing activities:    
Borrowings under revolving loans 614,103 444,595
Repayments under revolving loans (205,856) (79,821)
Repayments of long-term debt (8,161) (4,638)
Changes in outstanding checks - principally vendors (83,670) (87,795)
Dividends paid on common stock (14,161) (11,333)
Repurchase of common stock under stock plan (15,046) (2,746)
Net cash provided by financing activities 287,209 258,262
Effect of exchange rate changes on cash and cash equivalents (1,116) 1,260
Cash and cash equivalents:    
Net increase 68,581 121,007
Balance at beginning of year 72,819 53,533
Balance at end of period 141,400 174,540
Interest paid, net 39,969 39,953
Income taxes paid, net $ 16,933 $ 21,835