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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 59,173 $ 67,233
Receivables, less allowances of $4,394 and $4,430, respectively 172,899 171,007
Inventories:    
Raw material 98,858 109,590
Work-in-process 18,649 16,742
Finished goods 196,542 185,993
Total inventories 314,049 312,325
Other current assets 33,758 38,566
Total current assets 579,879 589,131
Property, plant, and equipment, at cost:    
Land and buildings 144,299 142,088
Machinery and equipment 269,484 268,373
Furniture and fixtures 49,426 52,916
Other 22,795 22,810
Property, plant, and equipment, gross 486,004 486,187
Less: Allowance for depreciation (278,940) (270,493)
Property, plant, and equipment, net 207,064 215,694
Deferred income taxes 8,694 8,929
Intangible assets, net 135,052 131,471
Goodwill 248,748 236,810
Other assets 2,928 3,318
Total assets 1,182,365 1,185,353
Current liabilities:    
Accounts payable 76,652 79,348
Accrued expenses and other current liabilities 64,811 63,887
Income taxes 2,419 2,213
Current maturities of long-term debt and short-term borrowings 111,975 100,453
Total current liabilities 255,857 245,901
Long-term debt 94,379 125,596
Income taxes payable non-current 10,881 17,391
Deferred income taxes 28,949 30,913
Employee benefit plans 38,020 42,178
Other long-term liabilities 17,934 19,251
Commitments and contingencies (see Note 17) 0 0
Redeemable noncontrolling interest 518 1,502
Shareholders’ equity:    
Common stock (65,000 shares authorized, $.10 par value) outstanding (46,326 and 46,630, respectively) 4,632 4,663
Additional capital 257,535 240,136
Retained earnings 654,724 604,905
Accumulated other comprehensive loss (183,019) (149,047)
Total shareholders’ equity 733,872 700,657
Noncontrolling interest 1,955 1,964
Total equity 735,827 702,621
Total liabilities and equity $ 1,182,365 $ 1,185,353