XML 21 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 24,154 $ 140,800
Accounts receivable, net 87,659 73,524
Contract with Customer, Asset, Net, Current 113,182 112,354
Capitalized Contract Cost, Net, Current 695 850
Inventories 176,468 193,100
Income tax refunds receivable 13,981 13,832
Other current assets 15,419 12,083
Total current assets 431,558 546,543
Accumulated depreciation 268,089 251,888
Property, plant and equipment, net of accumulated depreciation of $268,089 and $251,888, respectively 201,606 197,822
Operating Lease, Right-of-Use Asset 7,391 11,011
Goodwill 379,854 240,681
Other intangible assets, net 372,331 138,074
Deferred Tax Assets, Net 47,385 15,717
Capitalized Contract Cost, Net, Noncurrent 673 10,249
Equity Method Investments 10,000 0
Other assets 40,534 38,385
Total assets 1,491,332 1,198,482
Current liabilities:    
Accounts payable – trade 48,277 42,134
Accrued salaries and wages 31,395 38,892
Contract with Customer, Liability, Current 4,081 2,945
Operating Lease, Liability, Current 3,332 4,502
Income taxes payable 393 386
Other current liabilities 39,097 32,076
Total current liabilities 126,575 120,935
Long-term debt, excluding current portion, net of debt issuance costs 561,061 189,421
Deferred Income Tax Liabilities, Net 6,079 6,506
Underfunded pension 52,309 21,786
Contract with Customer, Liability, Noncurrent 20,515 16,528
Operating Lease, Liability, Noncurrent 4,534 7,140
Other long-term liabilities 36,280 39,837
Commitments and contingencies (Note 19)
Preferred stock, shares outstanding (in shares) 0 0
Preferred stock, shares authorized (in shares) 200,000 200,000
Preferred stock, par value (in dollars per share) $ 1 $ 1
Common stock, shares issued (in shares) 30,640,068 30,434,269
Common stock, shares authorized (in shares) 50,000,000 50,000,000
Common stock, par value (in dollars per share) $ 1 $ 1
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; 30,640,068 and 30,434,269 shares issued, respectively 30,640 30,434
Additional paid-in capital 245,436 248,153
Retained earnings 688,457 750,445
Accumulated other comprehensive income (loss) $ (158,421) $ (111,385)
Shares of common stock held in treasury at cost (in shares) 2,607,841 2,573,896
Less 2,607,841 and 2,573,896 shares of common stock, respectively, held in treasury, at cost $ (122,133) $ (121,318)
Total shareholders’ equity 683,979 796,329
Total liabilities and shareholders’ equity $ 1,491,332 $ 1,198,482