Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt [Abstract]

Long-Term Debt

Long-term debt consisted of the following unsecured obligations at December 31:

(In thousands)	2022			2021
3.66% senior notes due November 2023	$	75,000		$	75,000
3.65% senior notes due May 2024		27,000			27,000
4.19% senior notes due November 2025		25,000			25,000
1.85% Euro-denominated senior notes due November 2022		-			76,017
3.06% Euro-denominated senior notes due November 2023		40,945			43,487
1.27% Euro-denominated senior notes due May 2024		53,527			56,850
1.71% Euro-denominated senior notes due May 2027		42,822			45,480
2.53% British Pound-denominated notes due November 2023		30,208			33,829
2.76% British Pound-denominated notes due November 2025		30,208			33,829
Euro-denominated term loan		80,291			-
Revolving Credit Facilities		225,469			86,000
Various other notes		622			1,137
Total debt		631,092			503,629
Less debt fees		(260	)		(136	)
Less current portion		(501	)		(487	)
Total long-term debt	$	630,331		$	503,006

Contractual Maturities on Long-Term Debt

The aggregate amounts of contractual maturities on long-term debt subsequent to December 31, 2022, are as follows:

(In thousands)
Year ending December 31,
2023	$	231,654
2024		160,939
2025		55,208
2026		140,469
2027		42,822
Total long-term debt maturities	$	631,092

Short-Term Borrowings

The Company’s short-term borrowings consisted of the following items at December 31:

(In thousands)	2022		2021
U.S. credit facilities	$	19,872	$	7,284
Current maturities of long-term debt		501		487
Loans of foreign subsidiaries		-		768
Total	$	20,373	$	8,539