Debt (Tables)

12 Months Ended

Dec. 31, 2023

Debt [Abstract]

Long-Term Debt

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

(In thousands)	2023			2022
3.66% senior notes due November 2023	$	-		$	75,000
3.65% senior notes due May 2024		27,000			27,000
4.19% senior notes due November 2025		25,000			25,000
6.08% senior notes due November 2026		35,000			-
6.14% senior notes due November 2027		35,000			-
4.94% senior notes due May 2028		75,000			-
6.34% senior notes due November 2029		35,000			-
3.06% Euro-denominated senior notes due November 2023		-			40,945
1.27% Euro-denominated senior notes due May 2024		55,194			53,527
1.71% Euro-denominated senior notes due May 2027		44,155			42,822
4.15% Euro-denominated senior notes due May 2028		44,155			-
4.62% Euro-denominated senior notes due November 2029		44,155			-
2.53% British Pound-denominated notes due November 2023		-			30,208
2.76% British Pound-denominated notes due November 2025		31,827			30,208
Euro-denominated term loan		82,790			80,291
Revolving Credit Facilities		111,039			225,469
Various other notes		117			622
Total debt		645,432			631,092
Less debt fees		(230	)		(260	)
Less current portion		(117	)		(501	)
Total long-term debt	$	645,085		$	630,331

Contractual Maturities on Long-Term Debt

The aggregate amounts of contractual maturities on long-term debt subsequent to December 31, 2023, are as follows:

(In thousands)
Year ending December 31,
2024	$	249,849
2025		56,795
2026		61,013
2027		79,135
2028		119,144
Thereafter		79,149
Total long-term debt maturities	$	645,085

Short-Term Borrowings

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

(In thousands)	2023		2022
U.S. credit facilities	$	13,343	$	19,872
Current maturities of long-term debt		117		501
Total	$	13,460	$	20,373