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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net income $ 160,777 $ 190,395
Adjustments to reconcile net income to net cash provided by operations:    
Depreciation 132,792 113,720
Amortization 22,574 21,831
Stock-based compensation 24,072 27,208
Provision for CECL 491 769
Loss (gain) on disposition of fixed assets 776 (366)
Net loss (gain) on remeasurement of equity securities 149 (1,006)
Deferred income taxes (3,098) (21,322)
Defined benefit plan expense 6,885 6,720
Equity in results of affiliates (2,118) (4,395)
Impairment loss 1,550 0
Changes in balance sheet items, excluding effects from foreign currency adjustments:    
Accounts and other receivables (99,336) (83,207)
Inventories (48,178) (15,951)
Prepaid and other current assets (18,940) (21,141)
Accounts payable, accrued and other liabilities 67,020 21,653
Income taxes payable (5,761) (908)
Retirement and deferred compensation plan liabilities 64 (10,579)
Retirement and deferred compensation plan assets (13,340) (7,537)
Other changes, net (4,199) (7,184)
Net Cash Provided by Operations 222,180 208,700
Cash Flows from Investing Activities:    
Capital expenditures (122,959) (120,287)
Proceeds from government grants 0 3,308
Proceeds from sale of property, plant and equipment 2,635 79
(Purchases) and maturities of short-term investments, net (108) 2,819
Acquisition of businesses, net of cash acquired and release of escrow (156) (7,934)
Acquisition of intangible assets, net (893) (4,006)
Notes receivable, net (406) (49)
Net Cash Used by Investing Activities (121,887) (126,070)
Cash Flows from Financing Activities:    
Proceeds from notes payable and overdrafts 8,052 0
Repayments of notes payable and overdrafts (8,820) 0
Proceeds of short-term revolving credit facility, net 37,500 69,103
Proceeds from long-term obligations 6,063 885
Repayments of long-term obligations (155,942) (32,950)
Payment of contingent consideration obligation (3,730) 0
Dividends paid (61,531) (59,641)
Proceeds from stock option exercises 18,981 10,561
Purchase of treasury stock (149,973) (150,000)
Redeemable noncontrolling interest 1,112 0
Net Cash Used by Financing Activities (308,288) (162,042)
Effect of Exchange Rate Changes on Cash (4,027) 17,296
Net Decrease in Cash and Equivalents and Restricted Cash (212,022) (62,116)
Cash and Equivalents and Restricted Cash at Beginning of Period 404,849 223,844
Cash and Equivalents and Restricted Cash at End of Period 192,827 161,728
Restricted cash included in the line item prepaid and other on the Condensed Consolidated Balance Sheets as shown below represents amounts held in escrow.    
Cash and equivalents 190,402 161,728
Restricted cash included in prepaid and other 606 0
Restricted cash included in miscellaneous 1,819 0
Total Cash and Equivalents and Restricted Cash shown in the Statement of Cash Flows $ 192,827 $ 161,728