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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 171,414  
Receivables, net 699,632 $ 647,148
Inventories, net 482,790 411,567
Assets held for sale 0 10,988
Other current assets 84,584 67,101
Total current assets 1,438,420 1,307,808
Property, plant, and equipment, net 348,062 360,031
Goodwill 1,531,999 1,463,026
Other intangible assets, net 638,873 538,077
Operating lease right-of-use assets, net 145,325 143,613
Prepaid pension asset 263,719 256,422
Other assets 36,130 34,568
Total assets 4,402,528 4,103,545
Current liabilities:    
Current portion of long-term debt 202,500 0
Accounts payable 171,589 211,640
Accrued expenses 133,706 147,701
Deferred revenue 215,188 260,157
Liabilities held for sale 0 12,655
Due to seller 247,215 0
Other current liabilities 89,009 102,714
Total current liabilities 1,059,207 734,867
Long-term debt 1,006,577 1,050,610
Deferred tax liabilities, net 149,213 147,349
Accrued pension and other postretirement benefit costs 84,404 91,329
Long-term operating lease liability 126,006 127,152
Long-term portion of environmental reserves 13,100 13,656
Other liabilities 96,382 112,092
Total liabilities 2,534,889 2,277,055
Stockholders' Equity    
Common stock, $1 par value, 100,000,000 shares authorized as of June 30, 2022 and December 31, 2021; 49,187,378 shares issued as of June 30, 2022 and December 31, 2021; outstanding shares were 38,381,875 as of June 30, 2022 and 38,469,778 as of December 31, 2021 49,187 49,187
Additional paid in capital 126,316 127,104
Retained earnings 3,006,164 2,908,827
Accumulated other comprehensive loss (227,872) (190,465)
Common treasury stock, at cost (10,805,503 shares as of June 30, 2022 and 10,717,600 shares as of December 31, 2021) (1,086,156) (1,068,163)
Total stockholders’ equity 1,867,639 1,826,490
Total liabilities and stockholders’ equity $ 4,402,528 $ 4,103,545