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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 25,417 $ 28,934
Trade accounts receivable 298,488 272,164
Inventories 568,547 598,399
Prepaid expenses and other current assets 50,391 37,119
Total current assets 942,843 936,616
Other assets 93,960 94,873
Deferred tax assets 38,444 41,564
Intangible assets, net 11,706 12,112
Goodwill 420,541 424,065
Property, Plant, and Equipment:    
Land 31,496 31,901
Buildings 349,052 343,594
Machinery and equipment 794,891 781,789
Construction in progress 44,403 59,091
Property, plant, and equipment, gross 1,219,842 1,216,375
Less accumulated depreciation (721,654) (711,098)
Property, plant, and equipment, net 498,188 505,277
Total assets 2,005,682 2,014,507
Current Liabilities:    
Trade accounts payable 104,834 131,114
Accrued salaries, wages, and withholdings from employees 26,079 26,412
Other accrued expenses 52,503 52,024
Income taxes 16,004 13,296
Short-term borrowings 19,439 13,460
Total current liabilities 218,859 236,306
Deferred tax liabilities 14,072 14,260
Other liabilities 37,028 37,817
Accrued employee and retiree benefits 28,276 27,715
Long-term debt 643,511 645,085
Shareholders' Equity:    
Common stock 5,396 5,396
Additional paid-in capital 112,389 115,941
Earnings reinvested in the business 1,740,500 1,726,872
Treasury stock, at cost (618,621) (622,768)
Accumulated other comprehensive loss (175,728) (172,117)
Total shareholders' equity 1,063,936 1,053,324
Total liabilities and shareholders' equity $ 2,005,682 $ 2,014,507