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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 29,109 $ 25,865
Trade accounts receivable, net 202,343 194,509
Inventories 410,067 404,320
Prepaid expenses and other current assets 51,422 50,974
Assets held for sale 6,788 41,393
TOTAL CURRENT ASSETS 699,729 717,061
OTHER ASSETS 70,298 70,462
DEFERRED TAX ASSETS 6,787 12,120
INTANGIBLE ASSETS, NET 7,900 8,126
GOODWILL 387,906 383,568
PROPERTY, PLANT AND EQUIPMENT:    
Land 32,925 33,015
Buildings 283,677 265,157
Machinery and equipment 686,858 643,869
Construction in progress 35,218 79,981
Property, plant and equipment, gross 1,038,678 1,022,022
Less accumulated depreciation (560,096) (545,499)
Property, plant and equipment, net 478,582 476,523
TOTAL ASSETS 1,651,202 1,667,860
CURRENT LIABILITIES:    
Trade accounts payable 81,260 92,450
Accrued salaries, wages and withholdings from employees 19,606 26,502
Other accrued expenses 55,774 54,752
Income taxes 14,163 14,080
Short-term borrowings 20,281 20,578
Liabilities held for sale 0 5,313
TOTAL CURRENT LIABILITIES 191,084 213,675
DEFERRED INCOME TAXES 11,375 9,650
OTHER LIABILITIES 6,278 6,103
ACCRUED EMPLOYEE AND RETIREE BENEFITS 20,430 19,911
LONG-TERM DEBT 572,200 582,780
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 108,593 107,686
Earnings reinvested in the business 1,378,809 1,378,923
Treasury stock, at cost (453,577) (442,799)
Accumulated other comprehensive loss (189,386) (213,465)
TOTAL SHAREHOLDERS' EQUITY 849,835 835,741
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,651,202 $ 1,667,860