XML 15 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 89,774 $ 110,498
Accounts receivable, net 147,185 163,386
Inventories, net 296,249 279,079
Prepaid expenses and other current assets 32,853 30,895
Total current assets 566,061 583,858
Property, plant and equipment, net 280,333 291,140
Operating lease right-of-use assets 83,766 87,519
Deferred tax asset 21,428 21,721
Goodwill and intangible assets, net 156,951 161,703
Other assets 84,953 84,154
Total assets 1,193,492 1,230,095
Current liabilities    
Accounts payable 74,503 62,912
Accrued expenses 112,126 130,890
Current portion of operating lease liabilities 12,574 12,347
Current portion of long-term debt 8,523 8,572
Total current liabilities 207,726 214,721
Long-term debt 383,261 408,641
Operating lease liabilities 74,286 78,269
Deferred income taxes 32,098 33,832
Other long-term liabilities 67,573 68,685
Total liabilities 764,944 804,148
Commitments and contingencies (Note 14)
Shareholders’ equity    
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at March 31, 2024 and December 31, 2023 0 0
Common stock, par value $0.10 per share; 120,000 shares authorized; 58,273 and 58,112 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 5,827 5,811
Additional paid-in capital 252,538 252,909
Retained earnings 334,423 320,833
Accumulated other comprehensive loss – foreign currency translation (130,682) (119,590)
Accumulated other comprehensive loss – pension liability (33,558) (34,016)
Total shareholders’ equity 428,548 425,947
Total liabilities and shareholders’ equity $ 1,193,492 $ 1,230,095