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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 21,785 $ 20,329
Trade accounts receivable, net 248,110 228,907
Inventories 428,444 449,409
Prepaid expenses and other current assets 38,425 37,713
Deferred income taxes 21,977 21,735
Assets held for sale 2,057 1,296
TOTAL CURRENT ASSETS 760,798 759,389
OTHER ASSETS 72,097 77,376
INTANGIBLE ASSETS, NET 10,416 8,760
GOODWILL 413,503 424,114
PROPERTY, PLANT AND EQUIPMENT:    
Land 37,808 42,868
Buildings 283,807 295,381
Machinery and equipment 711,337 723,631
Construction in progress 57,557 54,579
Property, Plant and Equipment, Gross, Total 1,090,509 1,116,459
Less accumulated depreciation (613,693) (620,892)
Property, Plant and Equipment, Net, Total 476,816 495,567
TOTAL ASSETS 1,733,630 1,765,206
CURRENT LIABILITIES:    
Trade accounts payable 106,960 99,033
Accrued salaries, wages and withholdings from employees 24,913 30,010
Other accrued expenses 71,012 76,383
Income taxes 3,847 3,591
Short-term borrowings 24,073 15,888
TOTAL CURRENT LIABILITIES 230,805 224,905
OTHER LIABILITIES 11,620 17,372
ACCRUED EMPLOYEE AND RETIREE BENEFITS 25,498 24,983
LONG-TERM DEBT 549,475 451,011
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 111,204 110,969
Earnings reinvested in the business 1,280,003 1,243,627
Treasury stock, at cost (353,112) (227,929)
Accumulated other comprehensive loss (127,259) (85,128)
TOTAL SHAREHOLDERS' EQUITY 916,232 1,046,935
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,733,630 $ 1,765,206