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Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 29, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 115,601 $ 110,498
Accounts receivable, net 173,859 163,386
Inventories, net 283,096 279,079
Prepaid expenses and other current assets 35,605 30,895
Total current assets 608,161 583,858
Property, plant and equipment, net 284,845 291,140
Operating lease right-of-use assets 81,716 87,519
Deferred tax asset 21,604 21,721
Goodwill and intangible assets, net 159,428 161,703
Other assets 87,510 84,154
Total assets 1,243,264 1,230,095
Current liabilities    
Accounts payable 78,279 62,912
Accrued expenses 136,626 130,890
Current portion of operating lease liabilities 12,888 12,347
Current portion of long-term debt 8,593 8,572
Total current liabilities 236,386 214,721
Long-term debt 329,347 408,641
Operating lease liabilities 72,861 78,269
Deferred income taxes 32,945 33,832
Other long-term liabilities 70,162 68,685
Total liabilities 741,701 804,148
Commitments and contingencies (Note 15)
Shareholders’ equity    
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at September 29, 2024 and December 31, 2023 0 0
Common stock, par value $0.10 per share; 120,000 shares authorized; 58,304 and 58,112 shares issued and outstanding at September 29, 2024 and December 31, 2023, respectively 5,830 5,811
Additional paid-in capital 257,282 252,909
Retained earnings 384,258 320,833
Accumulated other comprehensive loss – foreign currency translation (111,573) (119,590)
Accumulated other comprehensive loss – pension liability (34,234) (34,016)
Total shareholders’ equity 501,563 425,947
Total liabilities and shareholders’ equity $ 1,243,264 $ 1,230,095