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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 30,420 $ 29,344
Trade accounts receivable, net 216,480 195,439
Inventories 467,996 463,517
Prepaid expenses and other current assets 45,023 43,206
Assets held for sale 2,022 1,969
TOTAL CURRENT ASSETS 761,941 733,475
OTHER ASSETS 67,432 68,251
DEFERRED TAX ASSETS 10,980 7,885
INTANGIBLE ASSETS, NET 7,680 7,211
GOODWILL 425,321 408,995
PROPERTY, PLANT AND EQUIPMENT:    
Land 35,925 35,198
Buildings 323,001 317,464
Machinery and equipment 709,085 687,896
Construction in progress 35,966 40,833
Property, plant and equipment, gross 1,103,977 1,081,391
Less accumulated depreciation (601,943) (582,868)
Property, plant and equipment, net 502,034 498,523
TOTAL ASSETS 1,775,388 1,724,340
CURRENT LIABILITIES:    
Trade accounts payable 96,136 109,780
Accrued salaries, wages and withholdings from employees 21,586 23,613
Other accrued expenses 50,230 51,764
Income taxes 15,049 11,036
Short-term borrowings 20,237 20,130
TOTAL CURRENT LIABILITIES 203,238 216,323
DEFERRED TAX LIABILITIES 17,722 18,724
OTHER LIABILITIES 13,686 13,539
ACCRUED EMPLOYEE AND RETIREE BENEFITS 22,021 19,294
LONG-TERM DEBT 691,265 604,159
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 103,099 107,176
Earnings reinvested in the business 1,438,823 1,414,485
Treasury stock, at cost (594,392) (525,422)
Accumulated other comprehensive loss (125,470) (149,334)
TOTAL SHAREHOLDERS' EQUITY 827,456 852,301
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,775,388 $ 1,724,340