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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 321,616 $ 336,732
Restricted cash 3,120 4,367
Short-term investments 9,042 7,059
Accounts receivable, net of allowances of $5,634 and $5,852 at June 30, 2023 and December 31, 2022, respectively 393,132 369,233
Inventories 325,733 360,281
Prepaid expenses and other 107,746 83,999
Total current assets 1,160,389 1,161,671
Property, plant and equipment, net 748,115 736,730
Deferred income tax 35,354 35,308
Goodwill 146,138 144,757
Intangible assets, net 71,496 79,137
Other long-term assets 179,579 130,709
Total assets 2,341,071 2,288,312
Current liabilities:    
Lines of credit 33,729 36,280
Accounts payable 152,192 160,442
Accrued liabilities and other 198,882 214,433
Income tax payable 27,004 19,682
Current portion of long-term debt 1,149 1,693
Total current liabilities 412,956 432,530
Long-term debt, net of current portion 54,575 147,470
Deferred tax liabilities 13,550 12,903
Unrecognized tax benefits 31,594 31,594
Other long-term liabilities 97,818 80,896
Total liabilities 610,493 705,393
Commitments and contingencies (See Note 9)
Stockholders' equity    
Preferred stock - par value $1.00 per share; 1,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock - par value $0.66 2/3 per share; 70,000,000 shares authorized; and 45,748,940 shares and 45,469,722 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 36,690 36,503
Additional paid-in capital 501,302 494,773
Retained earnings 1,601,262 1,448,092
Treasury stock at cost 9,283,481 shares and 9,281,581 shares at June 30, 2023 and December 31, 2022, respectively (337,670) (337,490)
Accumulated other comprehensive loss (139,104) (128,233)
Total stockholders' equity 1,662,480 1,513,645
Noncontrolling interest 68,098 69,274
Total equity 1,730,578 1,582,919
Total liabilities and stockholders' equity $ 2,341,071 $ 2,288,312