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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 141,465 $ 91,773
Accounts receivable, net 82,191 80,981
Inventories, net 49,506 45,870
Other current assets 15,927 14,607
Total current assets 289,089 233,231
Property, plant and equipment, net 96,876 97,437
Operating lease assets, net 21,594 23,281
Other assets    
Prepaid pension asset 49,382 56,642
Goodwill 109,798 109,497
Other intangible assets, net 69,888 79,121
Deferred income taxes 25,415 24,250
Other assets 2,420 2,590
Total other assets 256,903 272,100
Total Assets 664,462 626,049
Current Liabilities    
Accounts payable 55,537 50,489
Operating lease obligations 3,393 3,294
Accrued payroll and benefits 18,418 12,978
Accrued expenses and other liabilities 36,718 38,171
Total current liabilities 114,066 104,932
Long-term debt 50,000 54,600
Long-term operating lease obligations 21,354 23,163
Long-term pension obligations 6,886 7,466
Deferred income taxes 5,894 7,010
Other long-term obligations 2,684 5,196
Total Liabilities 200,884 202,367
Commitments and Contingencies (Note 11)
Shareholders' Equity    
Common stock 314,620 311,190
Additional contributed capital 42,549 41,654
Retained earnings 492,242 539,281
Accumulated other comprehensive loss (4,525) (95,921)
Total shareholders' equity before treasury stock 844,886 796,204
Treasury stock (381,308) (372,522)
Total shareholders' equity 463,578 423,682
Total Liabilities and Shareholders' Equity $ 664,462 $ 626,049