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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 26,016 $ 25,865
Trade accounts receivable, net 216,197 194,509
Inventories 428,932 404,320
Prepaid expenses and other current assets 48,203 50,974
Assets held for sale 7,333 41,393
TOTAL CURRENT ASSETS 726,681 717,061
OTHER ASSETS 70,314 70,462
DEFERRED TAX ASSETS 13,127 12,120
INTANGIBLE ASSETS, NET 7,791 8,126
GOODWILL 400,414 383,568
PROPERTY, PLANT AND EQUIPMENT:    
Land 34,249 33,015
Buildings 286,800 265,157
Machinery and equipment 697,038 643,869
Construction in progress 37,331 79,981
Property, plant and equipment, gross 1,055,418 1,022,022
Less accumulated depreciation (575,412) (545,499)
Property, plant and equipment, net 480,006 476,523
TOTAL ASSETS 1,698,333 1,667,860
CURRENT LIABILITIES:    
Trade accounts payable 93,018 92,450
Accrued salaries, wages and withholdings from employees 22,823 26,502
Other accrued expenses 50,949 54,752
Income taxes 1,368 14,080
Short-term borrowings 20,385 20,578
Liabilities held for sale 0 5,313
TOTAL CURRENT LIABILITIES 188,543 213,675
DEFERRED INCOME TAXES 11,227 9,650
OTHER LIABILITIES 6,849 6,103
ACCRUED EMPLOYEE AND RETIREE BENEFITS 21,059 19,911
LONG-TERM DEBT 586,940 582,780
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 110,452 107,686
Earnings reinvested in the business 1,396,336 1,378,923
Treasury stock, at cost (467,492) (442,799)
Accumulated other comprehensive loss (160,977) (213,465)
TOTAL SHAREHOLDERS' EQUITY 883,715 835,741
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,698,333 $ 1,667,860