XML 23 R4.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 34,422 $ 31,901
Trade accounts receivable, net 244,610 255,350
Inventories 470,136 490,757
Prepaid expenses and other current assets 43,193 44,857
TOTAL CURRENT ASSETS 792,361 822,865
OTHER ASSETS 82,560 66,788
DEFERRED TAX ASSETS 10,942 9,189
INTANGIBLE ASSETS, NET 16,883 18,867
GOODWILL 406,053 416,175
PROPERTY, PLANT, AND EQUIPMENT:    
Land 35,894 36,787
Buildings 319,472 318,463
Machinery and equipment 700,030 688,003
Construction in progress 28,656 34,772
Property, plant, and equipment, gross 1,084,052 1,078,025
Less accumulated depreciation (614,294) (586,969)
Property, plant, and equipment, net 469,758 491,056
TOTAL ASSETS 1,778,557 1,824,940
CURRENT LIABILITIES:    
Trade accounts payable 103,557 131,812
Accrued salaries, wages, and withholdings from employees 21,208 23,410
Other accrued expenses 44,391 31,198
Income taxes 2,828 8,234
Short-term borrowings 20,207 20,046
TOTAL CURRENT LIABILITIES 192,191 214,700
DEFERRED TAX LIABILITIES 28,159 28,976
OTHER LIABILITIES 20,568 8,554
ACCRUED EMPLOYEE AND RETIREE BENEFITS 23,999 23,210
LONG-TERM DEBT 616,967 689,553
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 98,347 101,663
Earnings reinvested in the business 1,569,564 1,516,243
Treasury stock, at cost (595,324) (597,800)
Accumulated other comprehensive loss (181,310) (165,555)
TOTAL SHAREHOLDERS' EQUITY 896,673 859,947
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,778,557 $ 1,824,940