Interim Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 106,654	$ 94,254
Trade accounts receivable, less allowances of $16,571 at March 31, 2019 and $15,469 at December 31, 2018	574,418	593,809
Inventories	321,341	297,611
Other current assets and prepaid expenses	77,795	71,230
Total current assets	1,080,208	1,056,904
Property, plant and equipment, net	780,166	798,868
Goodwill	640,687	550,270
Other intangible assets, net	298,645	196,785
Deferred Income Tax Assets, Net	39,240	41,836
Other non-current assets	189,422	169,886
Total assets	3,028,368	2,814,549
Current liabilities:
Trade accounts payable	189,289	175,801
Accrued and other liabilities	195,123	196,834
Accrued compensation and related items	124,966	179,252
Deferred revenue and customer prepayments	180,330	149,106
Taxes payable	99,596	89,017
Short-term borrowings and current maturities of long-term debt	52,505	50,317
Total current liabilities	841,809	840,327
Long-term debt	1,561,054	1,284,174
Non-current deferred tax liabilities	34,697	34,448
Other non-current liabilities	388,165	372,925
Total liabilities	2,825,725	2,531,874
Commitments and Contingencies
Shareholders' equity:
Preferred stock, $0.01 par value per share; authorized 10,000,000 shares	0	0
Common stock, $0.01 par value per share; authorized 125,000,000 shares; issued 44,786,011 and 44,786,011 shares; outstanding 24,803,286 and 24,921,963 shares at March 31, 2019 and December 31, 2018, respectively	448	448
Additional paid-in capital	810,954	805,140
Treasury stock at cost (19,982,725 shares at March 31, 2019 and 19,864,048 shares at December 31, 2018)	(5,541,402)	(5,283,584)
Retained earnings	5,244,387	5,095,596
Accumulated Other Comprehensive Income (Loss), Net of Tax	(311,744)	(334,925)
Total shareholders' equity	202,643	282,675
Total liabilities and shareholders' equity	$ 3,028,368	$ 2,814,549