XML 17 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 25,740 $ 24,770
Trade accounts receivable 261,121 234,132
Inventories 411,635 381,346
Prepaid expenses and other current assets 42,657 48,578
Assets held for sale 0 52,760
Total current assets 741,153 741,586
Other assets 92,952 89,883
Deferred tax assets 29,901 29,678
Intangible assets, net 14,975 10,930
Goodwill 420,034 423,290
Property, Plant, and Equipment:    
Land 31,028 31,422
Buildings 315,207 316,533
Machinery and equipment 715,344 703,485
Construction in progress 32,801 21,759
Property, plant, and equipment, gross 1,094,380 1,073,199
Less accumulated depreciation (647,902) (627,706)
Property, plant, and equipment, net 446,478 445,493
Total assets 1,745,493 1,740,860
Current Liabilities:    
Trade accounts payable 125,519 107,324
Accrued salaries, wages, and withholdings from employees 40,939 34,462
Other accrued expenses 46,292 42,985
Income taxes 11,016 4,598
Short-term borrowings 8,539 9,247
Liabilities held for sale 0 17,339
Total current liabilities 232,305 215,955
Deferred tax liabilities 14,349 13,411
Other liabilities 28,829 30,213
Accrued employee and retiree benefits 28,579 28,941
Long-term debt 503,006 518,004
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 111,352 102,909
Earnings reinvested in the business 1,630,713 1,578,662
Treasury stock, 12,107,549 and 11,647,627 shares, respectively, at cost (634,408) (593,540)
Accumulated other comprehensive loss (174,628) (159,091)
Total shareholders' equity 938,425 934,336
Total liabilities and shareholders' equity $ 1,745,493 $ 1,740,860