Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 156,910	$ 141,465
Accounts receivable, net	90,935	82,191
Inventories, net	62,260	49,506
Other current assets	15,655	15,927
Total current assets	325,760	289,089
Property, plant and equipment, net	97,300	96,876
Operating lease assets, net	22,702	21,594
Other assets
Prepaid pension asset		49,382
Goodwill	152,361	109,798
Other intangible assets, net	108,053	69,888
Deferred income taxes	23,461	25,415
Other assets	18,850	2,420
Total other assets	302,725	256,903
Total Assets	748,487	664,462
Current Liabilities
Accounts payable	53,211	55,537
Operating lease obligations	3,936	3,393
Accrued payroll and benefits	20,063	18,418
Accrued expenses and other liabilities	35,322	36,718
Total current liabilities	112,532	114,066
Long-term debt	83,670	50,000
Long-term operating lease obligations	21,754	21,354
Long-term pension obligations	5,048	6,886
Deferred income taxes	16,010	5,894
Other long-term obligations	3,249	2,684
Total Liabilities	242,263	200,884
Commitments and Contingencies (Note 11)
Shareholders' Equity
Common stock	316,803	314,620
Additional contributed capital	46,144	42,549
Retained earnings	546,703	492,242
Accumulated other comprehensive loss	(671)	(4,525)
Total shareholders' equity before treasury stock	908,979	844,886
Treasury stock	(402,755)	(381,308)
Total shareholders' equity	506,224	463,578
Total Liabilities and Shareholders' Equity	$ 748,487	$ 664,462