CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current Assets:
Cash and cash equivalents	$ 31,901	$ 29,344
Trade accounts receivable, less allowance for losses of $5,976 and $6,000, respectively	255,350	195,439
Inventories	490,757	463,517
Prepaid expenses and other current assets	44,857	43,206
Assets held for sale	0	1,969
Total current assets	822,865	733,475
Other assets	66,788	68,251
Deferred tax assets	9,189	7,885
Intangible assets - at cost, less accumulated amortization of $20,325 and $17,432, respectively	18,867	7,211
Goodwill	416,175	408,995
Property, Plant and Equipment:
Land	36,787	35,198
Buildings	318,463	317,464
Machinery and equipment	688,003	687,896
Construction in progress	34,772	40,833
Property, plant and equipment, gross	1,078,025	1,081,391
Less accumulated depreciation	(586,969)	(582,868)
Property, plant and equipment, net	491,056	498,523
Total assets	1,824,940	1,724,340
Current Liabilities:
Trade accounts payable	131,812	109,780
Accrued salaries, wages and withholdings from employees	23,410	23,613
Other accrued expenses	31,198	51,764
Income taxes	8,234	11,036
Short-term borrowings	20,046	20,130
Total current liabilities	214,700	216,323
Deferred tax liabilities	28,976	18,724
Other liabilities	8,554	13,539
Accrued employee and retiree benefits	23,210	19,294
Long-term debt	689,553	604,159
Shareholders' Equity:
Common stock, par value $0.10 a share, authorized 100,000,000 shares; issued 53,954,874 shares	5,396	5,396
Additional paid-in capital	101,663	107,176
Earnings reinvested in the business	1,516,243	1,414,485
Treasury stock, 11,731,223 and 10,759,291 shares, respectively, at cost	(597,800)	(525,422)
Accumulated other comprehensive loss	(165,555)	(149,334)
Total shareholders' equity	859,947	852,301
Total liabilities and shareholders' equity	$ 1,824,940	$ 1,724,340