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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 23,085 $ 21,153
Trade accounts receivable, net 240,123 213,201
Inventories 384,157 422,517
Prepaid expenses and other current assets 38,768 40,049
Assets held for sale 78,612 91,293
TOTAL CURRENT ASSETS 764,745 788,213
OTHER ASSETS 82,367 80,939
DEFERRED TAX ASSETS 10,741 14,976
INTANGIBLE ASSETS, NET 11,463 11,802
GOODWILL 400,515 407,042
PROPERTY, PLANT, AND EQUIPMENT:    
Land 30,078 31,431
Buildings 293,331 298,733
Machinery and equipment 645,866 652,063
Construction in progress 25,328 24,613
Property, plant, and equipment, gross 994,603 1,006,840
Less accumulated depreciation (571,608) (569,661)
Property, plant, and equipment, net 422,995 437,179
TOTAL ASSETS 1,692,826 1,740,151
CURRENT LIABILITIES:    
Trade accounts payable 91,437 94,653
Accrued salaries, wages, and withholdings from employees 19,724 18,655
Other accrued expenses 41,140 41,429
Income taxes 8,410 6,841
Short-term borrowings 20,105 20,612
Liabilities held for sale 19,821 19,185
TOTAL CURRENT LIABILITIES 200,637 201,375
DEFERRED TAX LIABILITIES 14,511 15,053
OTHER LIABILITIES 20,224 17,813
ACCRUED EMPLOYEE AND RETIREE BENEFITS 25,457 25,822
LONG-TERM DEBT 589,339 598,499
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 99,080 98,425
Earnings reinvested in the business 1,539,520 1,536,100
Treasury stock, at cost (593,977) (595,324)
Accumulated other comprehensive loss (207,361) (163,008)
TOTAL SHAREHOLDERS' EQUITY 842,658 881,589
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,692,826 $ 1,740,151