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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 39,987 $ 64,405
Receivables, less allowances of $3,907 and $3,705, respectively 167,590 173,327
Inventories:    
Raw material 97,538 98,286
Work-in-process 21,452 18,392
Finished goods 191,016 183,568
Total inventories 310,006 300,246
Other current assets 25,472 29,466
Total current assets 543,055 567,444
Property, plant, and equipment, at cost:    
Land and buildings 134,041 142,189
Machinery and equipment 271,115 276,541
Furniture and fixtures 42,984 43,631
Other 26,824 29,293
Property, plant, and equipment, gross 474,964 491,654
Less: Allowance for depreciation (286,318) (290,326)
Property, plant, and equipment, net 188,646 201,328
Right-of-Use Asset, net 26,583 27,621
Deferred income taxes 9,167 9,171
Intangible assets, net 124,503 131,127
Goodwill 255,772 256,059
Other assets 1,807 1,993
Total assets 1,149,533 1,194,743
Current liabilities:    
Accounts payable 88,388 82,593
Accrued expenses and other current liabilities 48,921 68,444
Current lease liability 9,451 9,838
Income taxes 2,907 3,010
Current maturities of long-term debt and short-term borrowings 41,720 21,879
Total current liabilities 191,387 185,764
Long-term debt 92,563 93,141
Long-term lease liability 17,134 17,785
Income taxes payable non-current 11,964 11,965
Deferred income taxes 27,117 27,598
Employee benefit plans 37,057 38,288
Other long-term liabilities 19,090 21,769
Commitments and contingencies (see Note 14) 0 0
Redeemable noncontrolling interest (245) (236)
Shareholders' equity:    
Common stock (65,000 shares authorized, $.10 par value) outstanding (46,144 and 46,391, respectively) 4,614 4,639
Additional capital 274,869 269,656
Retained earnings 698,917 712,460
Accumulated other comprehensive loss (227,221) (190,210)
Total shareholders' equity 751,179 796,545
Noncontrolling interest 2,287 2,124
Total equity 753,466 798,669
Total liabilities and equity $ 1,149,533 $ 1,194,743