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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 28, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 7,987 $ 10,384
Accounts receivable, net 227,463 205,873
Inventories 378,467 390,495
Deferred income taxes 30,916 30,128
Income Tax Refunds Receivable 0 2,297
Other current assets 29,820 26,028
Total current assets 674,653 665,205
Property, plant and equipment, net of accumulated depreciation of $172,547 and $167,282 respectively 151,408 148,508
Goodwill 204,069 203,923
Other intangibles assets, net 86,974 89,449
Deferred income taxes 7,378 10,287
Other assets 23,357 23,259
Total assets 1,147,839 1,140,631
Current liabilities:    
Notes payable 0 559
Current portion of long-term debt 12,500 10,000
Accounts payable – trade 118,667 119,482
Accrued salaries and wages 30,773 33,677
Advances on contracts 2,332 9,470
Other accruals and payables 52,248 54,095
Income taxes payable 1,575 673
Total current liabilities 218,095 227,956
Long-term debt, excluding current portion 279,132 264,655
Deferred income taxes 3,752 3,855
Underfunded pension 75,728 85,835
Other long-term liabilities 49,517 47,038
Shareholders' equity:    
Preferred stock, $1 par value, 200,000 shares authorized; none outstanding 0 0
Common stock, $1 par value, 50,000,000 shares authorized, voting, 27,357,325 and 27,189,922 shares issued, respectively 27,357 27,190
Additional paid-in capital 137,427 133,517
Retained earnings 446,580 439,441
Accumulated other comprehensive income (loss) (80,683) (81,121)
Less 364,314 and 330,487 shares of common stock, respectively, held in treasury, at cost (9,066) (7,735)
Total shareholders’ equity 521,615 511,292
Total liabilities and shareholders’ equity $ 1,147,839 $ 1,140,631