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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 51,873 $ 45,790
Receivables, less allowances of $3,984 and $4,211, respectively 276,503 230,404
Inventories:    
Raw material 200,829 196,876
Work-in-process 32,147 30,276
Finished goods 367,675 317,828
Total inventories 600,651 544,980
Other current assets 39,018 36,916
Total current assets 968,045 858,090
Property, plant, and equipment, at cost:    
Land and buildings 161,946 159,253
Machinery and equipment 303,486 297,496
Furniture and fixtures 53,055 50,264
Other 54,687 50,249
Property, plant, and equipment, gross 573,174 557,262
Less: Allowance for depreciation (352,582) (342,108)
Property, plant, and equipment, net 220,592 215,154
Lease right-of-use assets, net 45,622 48,948
Deferred income taxes 6,730 6,778
Intangible assets, net 227,459 231,275
Goodwill 329,330 328,046
Other assets 5,668 5,910
Total assets 1,803,446 1,694,201
Current liabilities:    
Accounts payable 187,985 139,266
Accrued expenses and other current liabilities 88,722 120,555
Current lease liability 15,144 15,959
Income taxes 9,730 3,233
Current maturities of long-term debt and short-term borrowings 185,280 126,756
Total current liabilities 486,861 405,769
Long-term debt 88,766 89,271
Long-term lease liability 30,346 32,858
Income taxes payable non-current 8,707 8,707
Deferred income taxes 30,893 29,744
Employee benefit plans 32,303 31,889
Other long-term liabilities 29,969 25,209
Commitments and contingencies (see Note 15)
Redeemable noncontrolling interest 633 620
Shareholders' equity:    
Common stock (65,000 shares authorized, $.10 par value) outstanding (46,138 and 46,193, respectively) 4,614 4,619
Additional capital 332,263 325,426
Retained earnings 980,114 969,261
Accumulated other comprehensive loss (224,560) (231,448)
Total shareholders' equity 1,092,431 1,067,858
Noncontrolling interest 2,537 2,276
Total equity 1,094,968 1,070,134
Total liabilities and equity $ 1,803,446 $ 1,694,201