XML 12 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 36,546 $ 20,921
Trade accounts receivable 300,741 302,109
Inventories 588,459 564,110
Prepaid expenses and other current assets 42,945 47,640
Total current assets 968,691 934,780
Other assets 97,050 96,609
Deferred tax assets 35,452 32,717
Intangible assets, net 17,861 18,600
Goodwill 422,177 415,715
Property, Plant, and Equipment:    
Land 31,767 31,444
Buildings 334,004 322,268
Machinery and equipment 764,228 722,294
Construction in progress 66,808 65,809
Property, plant, and equipment, gross 1,196,807 1,141,815
Less accumulated depreciation (691,826) (658,622)
Property, plant, and equipment, net 504,981 483,193
Total assets 2,046,212 1,981,614
Current Liabilities:    
Trade accounts payable 119,340 142,365
Accrued salaries, wages, and withholdings from employees 24,284 43,738
Other accrued expenses 51,361 51,231
Income taxes 12,225 14,446
Short-term borrowings 15,436 20,373
Total current liabilities 222,646 272,153
Deferred tax liabilities 16,480 15,977
Other liabilities 39,092 37,191
Accrued employee and retiree benefits 27,141 26,364
Long-term debt 686,589 630,331
Shareholders' Equity:    
Common stock 5,396 5,396
Additional paid-in capital 114,330 124,043
Earnings reinvested in the business 1,735,807 1,702,700
Treasury stock, at cost (624,048) (631,853)
Accumulated other comprehensive loss (177,221) (200,688)
Total shareholders' equity 1,054,264 999,598
Total liabilities and shareholders' equity $ 2,046,212 $ 1,981,614