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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 100,535 $ 126,424
Accounts receivable, net of allowance for credit losses of $6,574 in 2023 and $7,078 in 2022 393,609 416,568
Inventories 104,194 97,107
Income taxes receivable 53,148 42,403
Prepaid expenses 14,427 17,753
Purchase of business - advance (Note 16) 78,982  
Other current assets 3,440 3,086
Total current assets 748,335 703,341
Property, plant and equipment, less accumulated depreciation of $782,144 in 2023 and $775,334 in 2022 387,988 333,093
Operating lease right-of-use assets 27,331 28,864
Goodwill 32,150 32,150
Other assets 32,384 31,565
Total assets 1,228,188 1,129,013
LIABILITIES    
Accounts payable 88,006 115,213
Accrued payroll and related expenses 26,099 33,161
Accrued insurance expenses 5,165 3,232
Accrued state, local and other taxes 6,417 4,296
Income taxes payable 404 499
Pension liabilities   9,610
Current portion of operating lease liabilities 9,201 10,728
Other accrued expenses 1,807 1,864
Total current liabilities 137,099 178,603
Long-term accrued insurance expenses 9,640 7,149
Long-term retirement plan liabilities 23,526 23,106
Deferred income taxes 47,028 37,473
Long-term operating lease liabilities 19,555 19,517
Other long-term liabilities 3,938 5,430
Total liabilities 240,786 271,278
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, 216,408,974 and 216,609,191 shares issued and outstanding in 2023 and 2022, respectively 21,641 21,661
Capital in excess of par value 0 0
Retained earnings 968,023 856,013
Accumulated other comprehensive loss (2,262) (19,939)
Total stockholders' equity 987,402 857,735
Total liabilities and stockholders' equity $ 1,228,188 $ 1,129,013