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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 67,233 $ 104,331
Receivables, less allowances of $4,430 and $3,601, respectively 171,007 145,999
Inventories:    
Raw material 109,590 80,052
Work-in-process 16,742 18,735
Finished goods 185,993 104,684
Total inventories 312,325 203,471
Other current assets 38,566 30,018
Total current assets 589,131 483,819
Property, plant, and equipment, at cost:    
Land and buildings 142,088 121,364
Machinery and equipment 268,373 242,170
Furniture and fixtures 52,916 47,523
Other 22,810 19,089
Property, plant, and equipment, gross 486,187 430,146
Less: Allowance for depreciation (270,493) (234,009)
Property, plant, and equipment, net 215,694 196,137
Deferred income taxes 8,929 4,621
Intangible assets, net 131,471 134,667
Goodwill 236,810 199,609
Other assets 3,318 21,052
Total assets 1,185,353 1,039,905
Current liabilities:    
Accounts payable 79,348 63,927
Accrued expenses and other current liabilities 63,887 56,845
Income taxes 2,213 3,274
Current maturities of long-term debt and short-term borrowings 100,453 33,715
Total current liabilities 245,901 157,761
Long-term debt 125,596 156,544
Income taxes payable non-current 17,391 0
Deferred income taxes 30,913 40,460
Employee benefit plans 42,178 45,307
Other long-term liabilities 19,251 17,093
Commitments and contingencies (see Note 17) 0 0
Redeemable noncontrolling interest 1,502 7,652
Shareholders’ equity:    
Common stock (65,000 shares authorized, $.10 par value) outstanding (46,630 and 46,376, respectively) 4,663 4,638
Additional capital 240,136 228,564
Retained earnings 604,905 550,095
Accumulated other comprehensive loss (149,047) (169,852)
Total shareholders’ equity 700,657 613,445
Noncontrolling interest 1,964 1,643
Total equity 702,621 615,088
Total liabilities and equity $ 1,185,353 $ 1,039,905