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Interim Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 89,085 $ 95,966
Trade accounts receivable, less allowances of $16,571 at March 31, 2019 and $15,469 at December 31, 2018 640,050 709,321
Inventories 427,549 441,694
Other current assets and prepaid expenses 130,083 128,108
Total current assets 1,286,767 1,375,089
Property, plant and equipment, net 780,013 778,600
Goodwill 661,742 660,170
Other intangible assets, net 300,134 306,054
Deferred Income Tax Assets, Net 28,116 27,080
Other non-current assets 353,135 345,402
Total assets 3,409,907 3,492,395
Current liabilities:    
Trade accounts payable 176,733 252,538
Accrued and other liabilities 189,324 205,253
Accrued compensation and related items 131,189 200,031
Deferred revenue and customer prepayments 211,302 192,759
Taxes payable 188,570 191,096
Short-term borrowings and current maturities of long-term debt 107,131 106,054
Total current liabilities 1,004,249 1,147,731
Long-term debt 2,015,779 1,908,480
Non-current deferred tax liabilities 113,397 111,360
Other non-current liabilities 300,951 300,031
Total liabilities 3,434,376 3,467,602
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 855,673 850,368
Treasury stock at cost (19,982,725 shares at March 31, 2019 and 19,864,048 shares at December 31, 2018) (7,564,841) (7,325,656)
Retained earnings 6,912,767 6,726,866
Accumulated Other Comprehensive Income (Loss), Net of Tax (228,516) (227,233)
Total shareholders' equity (24,469) 24,793
Total liabilities and shareholders' equity 3,409,907 3,492,395
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 89,085 95,966
Treasury Stock, Common    
Shareholders' equity:    
Total shareholders' equity   $ (7,325,656)