CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 28,934	$ 20,921
Trade accounts receivable	272,164	302,109
Inventories	598,399	564,110
Prepaid expenses and other current assets	37,119	47,640
Total current assets	936,616	934,780
Other assets	94,873	96,609
Deferred tax assets	41,564	32,717
Intangible assets, net	12,112	18,600
Goodwill	424,065	415,715
Property, Plant, and Equipment:
Land	31,901	31,444
Buildings	343,594	322,268
Machinery and equipment	781,789	722,294
Construction in progress	59,091	65,809
Property, plant, and equipment, gross	1,216,375	1,141,815
Less accumulated depreciation	(711,098)	(658,622)
Property, plant, and equipment, net	505,277	483,193
Total assets	2,014,507	1,981,614
Current Liabilities:
Trade accounts payable	131,114	142,365
Accrued salaries, wages, and withholdings from employees	26,412	43,738
Other accrued expenses	52,024	51,231
Income taxes	13,296	14,446
Short-term borrowings	13,460	20,373
Total current liabilities	236,306	272,153
Deferred tax liabilities	14,260	15,977
Other liabilities	37,817	37,191
Accrued employee and retiree benefits	27,715	26,364
Long-term debt	645,085	630,331
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	115,941	124,043
Earnings reinvested in the business	1,726,872	1,702,700
Treasury stock, 11,885,398 and 12,058,773 shares, respectively, at cost	(622,768)	(631,853)
Accumulated other comprehensive loss	(172,117)	(200,688)
Total shareholders' equity	1,053,324	999,598
Total liabilities and shareholders' equity	$ 2,014,507	$ 1,981,614