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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 30,888 $ 29,344
Trade accounts receivable, net 277,301 195,439
Inventories 461,803 463,517
Prepaid expenses and other current assets 53,926 43,206
Assets held for sale 1,916 1,969
TOTAL CURRENT ASSETS 825,834 733,475
OTHER ASSETS 67,508 68,251
DEFERRED TAX ASSETS 11,259 7,885
INTANGIBLE ASSETS, NET 9,067 7,211
GOODWILL 409,022 408,995
PROPERTY, PLANT AND EQUIPMENT:    
Land 34,912 35,198
Buildings 320,523 317,464
Machinery and equipment 698,805 687,896
Construction in progress 35,591 40,833
Property, plant and equipment, gross 1,089,831 1,081,391
Less accumulated depreciation (601,006) (582,868)
Property, plant and equipment, net 488,825 498,523
TOTAL ASSETS 1,811,515 1,724,340
CURRENT LIABILITIES:    
Trade accounts payable 98,878 109,780
Accrued salaries, wages and withholdings from employees 22,491 23,613
Other accrued expenses 49,395 51,764
Income taxes 7,870 11,036
Short-term borrowings 20,036 20,130
TOTAL CURRENT LIABILITIES 198,670 216,323
DEFERRED TAX LIABILITIES 31,714 18,724
OTHER LIABILITIES 10,014 13,539
ACCRUED EMPLOYEE AND RETIREE BENEFITS 21,926 19,294
LONG-TERM DEBT 732,762 604,159
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 102,943 107,176
Earnings reinvested in the business 1,463,976 1,414,485
Treasury stock, at cost (593,770) (525,422)
Accumulated other comprehensive loss (162,116) (149,334)
TOTAL SHAREHOLDERS' EQUITY 816,429 852,301
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,811,515 $ 1,724,340