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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 26, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 9,760 $ 10,384
Accounts receivable, net 259,035 205,873
Inventories 379,301 390,495
Deferred income taxes 25,953 30,128
Income Tax Refunds Receivable 3,329 2,297
Other current assets 28,564 26,028
Total current assets 705,942 665,205
Property, plant and equipment, net of accumulated depreciation of $181,431 and $167,282 respectively 150,025 148,508
Goodwill 242,154 203,923
Other intangibles assets, net 98,645 89,449
Deferred income taxes 6,274 10,287
Other assets 23,262 23,259
Total assets 1,226,302 1,140,631
Current liabilities:    
Notes payable 0 559
Current portion of long-term debt 12,500 10,000
Accounts payable – trade 119,873 119,482
Accrued salaries and wages 43,501 33,677
Advances on contracts 1,351 9,470
Other accruals and payables 53,387 54,095
Income taxes payable 0 673
Total current liabilities 230,612 227,956
Long-term debt, excluding current portion 325,526 264,655
Deferred income taxes 3,691 3,855
Underfunded pension 75,495 85,835
Other long-term liabilities 43,241 47,038
Commitments and contingencies (Note 11)      
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, 27,479,386 and 27,189,922 shares issued, respectively 27,479 27,190
Additional paid-in capital 143,615 133,517
Retained earnings 469,262 439,441
Accumulated other comprehensive income (loss) (83,346) (81,121)
Less 381,250 and 330,487 shares of common stock, respectively, held in treasury, at cost (9,273) (7,735)
Total shareholders’ equity 547,737 511,292
Total liabilities and shareholders’ equity $ 1,226,302 $ 1,140,631