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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows provided by (used in) operating activities:    
Net income $ 77,696 $ 101,067
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 104,102 97,903
Rationalization charges 45,400 1,195
Stock compensation expense 8,244 7,420
Loss on early extinguishment of debt 0 2,493
Other changes that provided (used) cash:    
Trade accounts receivable, net (155,198) (134,961)
Inventories (187,790) (176,222)
Trade accounts payable (19,421) 45,232
Accrued liabilities (22,875) (29,125)
Other, net 20,764 (7,886)
Net cash used in operating activities (129,078) (92,884)
Cash flows provided by (used in) investing activities:    
Capital expenditures (116,165) (91,278)
Other, net 560 486
Net cash used in investing activities (115,605) (90,792)
Cash flows provided by (used in) financing activities:    
Borrowings under revolving loans 703,359 848,686
Repayments under revolving loans (287,368) (132,386)
Repayments of long-term debt (8,161) (284,638)
Changes in outstanding checks - principally vendors (83,670) (87,795)
Dividends paid on common stock (26,415) (22,417)
Debt issuance costs 0 (2,866)
Repurchase of common stock under stock plan (15,252) (3,057)
Net cash provided by financing activities 282,493 315,527
Effect of exchange rate changes on cash and cash equivalents 712 (4,164)
Cash and cash equivalents:    
Net increase 38,522 127,687
Balance at beginning of year 72,819 53,533
Balance at end of period 111,341 181,220
Interest paid, net 53,069 62,192
Income taxes paid, net $ 23,634 $ 31,303