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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 192,958 $ 257,279
Accounts receivable (less allowance for doubtful accounts of $11,105 in 2021; $14,779 in 2020) 429,074 373,487
Inventories (Note 17) 539,919 381,258
Other current assets 127,642 100,319
Total Current Assets 1,289,593 1,112,343
Property, plant and equipment, net (Note 1) 511,744 522,092
Intangibles, net (Note 5) 149,393 134,451
Goodwill 430,162 335,593
Deferred income taxes (Note 14) 18,318 16,959
Other assets 193,097 193,015
TOTAL ASSETS 2,592,307 2,314,453
Current Liabilities    
Amounts due banks (Note 9) 51,964 2,623
Trade accounts payable 330,230 256,530
Accrued employee compensation and benefits 108,562 98,437
Dividends payable 32,921 30,417
Other current liabilities 231,462 161,331
Current portion of long-term debt (Note 9) 766 111
Total Current Liabilities 755,905 549,449
Long-term debt, less current portion (Note 9) 717,089 715,456
Deferred income taxes (Note 14) 56,718 46,742
Other liabilities 198,686 212,556
Total Liabilities 1,728,398 1,524,203
Shareholders' Equity    
Preferred shares, without par value - at stated capital amount; authorized - 5,000,000 shares; issued and outstanding - none
Common shares, without par value - at stated capital amount; authorized - 240,000,000 shares; issued - 98,581,434 shares in 2021 and 2020; outstanding - 58,786,776 shares in 2021 and 59,640,895 shares in 2020 9,858 9,858
Additional paid-in capital 451,268 409,958
Retained earnings 2,970,303 2,821,359
Accumulated other comprehensive loss (257,386) (302,190)
Treasury shares, at cost - 39,794,658 shares in 2021 and 38,940,539 shares in 2020 (2,309,941) (2,149,714)
Total Shareholders' Equity 864,102 789,271
Non-controlling interests (193) 979
Total Equity 863,909 790,250
TOTAL LIABILITIES AND TOTAL EQUITY $ 2,592,307 $ 2,314,453