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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 177,904 $ 126,424
Accounts receivable, net of allowance for credit losses of $5,920 in 2023 and $7,078 in 2022 400,359 416,568
Inventories 98,073 97,107
Income taxes receivable 24,346 42,403
Prepaid expenses 16,028 17,753
Other current assets 2,914 3,086
Total current assets 719,624 703,341
Property, plant and equipment, less accumulated depreciation of $768,195 in 2023 and $775,334 in 2022 375,461 333,093
Operating lease right-of-use assets 28,801 28,864
Goodwill 32,150 32,150
Other assets 31,794 31,565
Total assets 1,187,830 1,129,013
LIABILITIES    
Accounts payable 114,357 115,213
Accrued payroll and related expenses 19,968 33,161
Accrued insurance expenses 4,097 3,232
Accrued state, local and other taxes 5,987 4,296
Income taxes payable 513 499
Pension liabilities 1,150 9,610
Current portion of operating lease liabilities 10,578 10,728
Other accrued expenses 1,864 1,864
Total current liabilities 158,514 178,603
Long-term accrued insurance expenses 9,167 7,149
Long-term retirement plan liabilities 22,559 23,106
Deferred income taxes 44,990 37,473
Long-term operating lease liabilities 19,638 19,517
Other long-term liabilities 5,267 5,430
Total liabilities 260,135 271,278
Commitments and contingencies (Note 9)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.10 par value, 1,000,000 shares authorized, none issued
Common stock, $0.10 par value, 349,000,000 shares authorized, 216,369,714 and 216,609,191 shares issued and outstanding in 2023 and 2022, respectively 21,637 21,661
Capital in excess of par value 0 0
Retained earnings 909,335 856,013
Accumulated other comprehensive loss (3,277) (19,939)
Total stockholders' equity 927,695 857,735
Total liabilities and stockholders' equity $ 1,187,830 $ 1,129,013