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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 295,045 $ 336,732
Restricted cash 2,592 4,367
Short-term investments 9,872 7,059
Accounts receivable, net of allowances of $4,686 and $5,852 at September 30, 2023 and December 31, 2022, respectively 414,188 369,233
Inventories 343,694 360,281
Prepaid expenses and other 117,191 83,999
Total current assets 1,182,582 1,161,671
Property, plant and equipment, net 736,126 736,730
Deferred income tax 35,788 35,308
Goodwill 143,745 144,757
Intangible assets, net 67,445 79,137
Other long-term assets 174,536 130,709
Total assets 2,340,222 2,288,312
Current liabilities:    
Lines of credit 29,429 36,280
Accounts payable 161,079 160,442
Accrued liabilities and other 193,383 214,433
Income tax payable 29,892 19,682
Current portion of long-term debt 1,124 1,693
Total current liabilities 414,907 432,530
Long-term debt, net of current portion 22,645 147,470
Deferred tax liabilities 12,982 12,903
Unrecognized tax benefits 31,595 31,594
Other long-term liabilities 99,210 80,896
Total liabilities 581,339 705,393
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 45,936,090 shares and 45,469,722 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 36,817 36,503
Additional paid-in capital 502,482 494,773
Retained earnings 1,649,982 1,448,092
Treasury stock at cost 9,283,481 shares and 9,281,581 shares at September 30, 2023 and December 31, 2022, respectively (337,986) (337,490)
Accumulated other comprehensive loss (161,633) (128,233)
Total stockholders' equity 1,689,662 1,513,645
Noncontrolling interest 69,221 69,274
Total equity 1,758,883 1,582,919
Total liabilities and stockholders' equity $ 2,340,222 $ 2,288,312