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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 31,985 $ 20,921
Trade accounts receivable 284,668 302,109
Inventories 587,024 564,110
Prepaid expenses and other current assets 41,477 47,640
Total current assets 945,154 934,780
Other assets 94,646 96,609
Deferred tax assets 30,857 32,717
Intangible assets, net 17,352 18,600
Goodwill 415,618 415,715
Property, Plant, and Equipment:    
Land 31,269 31,444
Buildings 336,152 322,268
Machinery and equipment 759,191 722,294
Construction in progress 71,223 65,809
Property, plant, and equipment, gross 1,197,835 1,141,815
Less accumulated depreciation (691,286) (658,622)
Property, plant, and equipment, net 506,549 483,193
Total assets 2,010,176 1,981,614
Current Liabilities:    
Trade accounts payable 110,973 142,365
Accrued salaries, wages, and withholdings from employees 26,818 43,738
Other accrued expenses 55,676 51,231
Income taxes 7,543 14,446
Short-term borrowings 22,807 20,373
Total current liabilities 223,817 272,153
Deferred tax liabilities 16,202 15,977
Other liabilities 37,115 37,191
Accrued employee and retiree benefits 26,830 26,364
Long-term debt 648,556 630,331
Shareholders' Equity:    
Common stock 5,396 5,396
Additional paid-in capital 116,775 124,043
Earnings reinvested in the business 1,750,027 1,702,700
Treasury stock, at cost (624,007) (631,853)
Accumulated other comprehensive loss (190,535) (200,688)
Total shareholders' equity 1,057,656 999,598
Total liabilities and shareholders' equity $ 2,010,176 $ 1,981,614