v3.26.1
Condensed Consolidated Unaudited Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income $ 284,243 $ 311,308
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation and amortization 21,943 21,687
Non-cash contribution to 401(k) plan 9,267 8,743
Share-based compensation 16,711 17,612
Provision for doubtful accounts 2,442 704
Other income from investment in unconsolidated entity (13,909) (12,528)
Other, net 2,861 3,297
Changes in operating assets and liabilities, net of effects of acquisitions:    
Accounts receivable, net (244,560) (131,119)
Inventories, net (443,966) (552,956)
Accounts payable and other liabilities 339,169 149,774
Other, net 4,359 (1,612)
Net cash used in operating activities (21,440) (185,090)
Cash flows from investing activities:    
Proceeds from maturities of short-term cash investments 300,000 255,669
Business acquisitions, net of cash acquired 7,663 (19,383)
Proceeds from sale of property and equipment 52 344
Capital expenditures (15,950) (14,378)
Purchases of short-term cash investments (100,000) 0
Net cash provided by investing activities 191,765 222,252
Cash flows from financing activities:    
Dividends on common stock (255,920) (230,497)
Net repayments of finance lease liabilities (2,398) (3,110)
Repurchases of common stock to satisfy employee withholding tax obligations (1,403) 0
Distributions to non-controlling interest 0 (69,829)
Proceeds from non-controlling interest for investment in W.L. Lashley & Associates, Inc. 0 999
Proceeds from dividend reinvestment plan 8,107 14,111
Proceeds from issuances of Common stock under employee related plans 14,254 14,093
Net cash used in financing activities (237,360) (274,233)
Effect of foreign exchange rate changes on cash and cash equivalents (2,059) 3,778
Net decrease in cash and cash equivalents (69,094) (233,293)
Cash and cash equivalents at beginning of period 433,283 526,271
Cash and cash equivalents at end of period 364,189 292,978
Jackson Supply Company [Member]    
Supplemental cash flow information:    
Common stock issued 186,164  
W.L. Lashley Associates, Inc [Member]    
Supplemental cash flow information:    
Common stock issued 0 493
Southern Ice Equipment Distributors, Inc. [Member]    
Supplemental cash flow information:    
Common stock issued $ 0 $ 3,133