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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 33,896 $ 31,901
Trade accounts receivable, net 273,800 255,350
Inventories 468,324 490,757
Prepaid expenses and other current assets 50,276 44,857
TOTAL CURRENT ASSETS 826,296 822,865
OTHER ASSETS 87,891 66,788
DEFERRED TAX ASSETS 8,653 9,189
INTANGIBLE ASSETS, NET 18,295 18,867
GOODWILL 413,710 416,175
PROPERTY, PLANT AND EQUIPMENT:    
Land 36,467 36,787
Buildings 319,242 318,463
Machinery and equipment 695,811 688,003
Construction in progress 32,973 34,772
Property, plant and equipment, gross 1,084,493 1,078,025
Less accumulated depreciation (598,467) (586,969)
Property, plant and equipment, net 486,026 491,056
TOTAL ASSETS 1,840,871 1,824,940
CURRENT LIABILITIES:    
Trade accounts payable 108,381 131,812
Accrued salaries, wages and withholdings from employees 20,255 23,410
Other accrued expense 38,703 31,198
Income taxes 10,031 8,234
Short-term borrowings 20,082 20,046
TOTAL CURRENT LIABILITIES 197,452 214,700
DEFERRED TAX LIABILITIES 31,097 28,976
OTHER LIABILITIES 21,845 8,554
ACCRUED EMPLOYEE AND RETIREE BENEFITS 23,801 23,210
LONG-TERM DEBT 688,952 689,553
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 100,485 101,663
Earnings reinvested in the business 1,533,832 1,516,243
Treasury stock, at cost (595,718) (597,800)
Accumulated other comprehensive loss (166,271) (165,555)
TOTAL SHAREHOLDERS' EQUITY 877,724 859,947
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,840,871 $ 1,824,940