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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash and cash equivalents $ 36,760 $ 29,344
Trade accounts receivable, net 271,268 195,439
Inventories 484,811 463,517
Prepaid expenses and other current assets 40,152 43,206
Assets held for sale 1,903 1,969
TOTAL CURRENT ASSETS 834,894 733,475
OTHER ASSETS 67,178 68,251
DEFERRED TAX ASSETS 10,868 7,885
INTANGIBLE ASSETS, NET 12,843 7,211
GOODWILL 422,953 408,995
PROPERTY, PLANT AND EQUIPMENT:    
Land 37,043 35,198
Buildings 319,969 317,464
Machinery and equipment 707,662 687,896
Construction in progress 39,140 40,833
Property, plant and equipment, gross 1,103,814 1,081,391
Less accumulated depreciation (611,643) (582,868)
Property, plant and equipment, net 492,171 498,523
TOTAL ASSETS 1,840,907 1,724,340
CURRENT LIABILITIES:    
Trade accounts payable 97,027 109,780
Accrued salaries, wages and withholdings from employees 22,215 23,613
Other accrued expenses 51,842 51,764
Income taxes 2,994 11,036
Short-term borrowings 20,096 20,130
TOTAL CURRENT LIABILITIES 194,174 216,323
DEFERRED TAX LIABILITIES 24,638 18,724
OTHER LIABILITIES 7,820 13,539
ACCRUED EMPLOYEE AND RETIREE BENEFITS 22,094 19,294
LONG-TERM DEBT 746,012 604,159
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 102,703 107,176
Earnings reinvested in the business 1,497,218 1,414,485
Treasury stock, at cost (597,800) (525,422)
Accumulated other comprehensive loss (161,348) (149,334)
TOTAL SHAREHOLDERS' EQUITY 846,169 852,301
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,840,907 $ 1,724,340