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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 26,900 $ 21,153
Trade accounts receivable, net 222,388 213,201
Inventories 401,046 422,517
Prepaid expenses and other current assets 43,681 40,049
Assets held for sale 58,534 91,293
TOTAL CURRENT ASSETS 752,549 788,213
OTHER ASSETS 84,558 80,939
DEFERRED TAX ASSETS 23,911 14,976
INTANGIBLE ASSETS, NET 10,864 11,802
GOODWILL 412,555 407,042
PROPERTY, PLANT, AND EQUIPMENT:    
Land 30,496 31,431
Buildings 301,722 298,733
Machinery and equipment 668,268 652,063
Construction in progress 33,572 24,613
Property, plant, and equipment, gross 1,034,058 1,006,840
Less accumulated depreciation (604,549) (569,661)
Property, plant, and equipment, net 429,509 437,179
TOTAL ASSETS 1,713,946 1,740,151
CURRENT LIABILITIES:    
Trade accounts payable 93,491 94,653
Accrued salaries, wages, and withholdings from employees 26,147 18,655
Other accrued expenses 48,132 41,429
Income taxes 2,316 6,841
Short-term borrowings 24,460 20,612
Liabilities held for sale 17,491 19,185
TOTAL CURRENT LIABILITIES 212,037 201,375
DEFERRED TAX LIABILITIES 14,901 15,053
OTHER LIABILITIES 26,543 17,813
ACCRUED EMPLOYEE AND RETIREE BENEFITS 26,556 25,822
LONG-TERM DEBT 537,124 598,499
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 101,318 98,425
Earnings reinvested in the business 1,570,013 1,536,100
Treasury stock, at cost (593,540) (595,324)
Accumulated other comprehensive loss (186,402) (163,008)
TOTAL SHAREHOLDERS' EQUITY 896,785 881,589
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,713,946 $ 1,740,151