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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 302,036 $ 241,316
Accounts receivable, net 191,985 188,423
Contract assets, net 112,546 139,289
Inventories 117,882 110,478
Income taxes prepaid and receivable 1,958 5,940
Prepaid expenses and other current assets 32,394 31,830
Total current assets 758,801 717,276
Property, plant and equipment, net 436,417 448,554
Intangibles, net 39,081 46,869
Goodwill 182,124 187,553
Deferred income taxes 26,376 38,757
Noncurrent receivables, net 31,849 36,265
Other assets 81,416 74,662
Total assets 1,556,064 1,549,936
Current liabilities:    
Accounts payable 68,954 49,173
Accrued liabilities 124,325 125,459
Current maturities of long-term debt 0 9
Income taxes payable 14,887 16,222
Total current liabilities 208,166 190,863
Long-term debt 350,000 398,000
Other noncurrent liabilities 107,794 130,424
Deferred taxes and other liabilities 12,499 10,784
Total liabilities 678,459 730,071
Commitments and Contingencies
Shareholders’ Equity    
Preferred stock, par value $5.00 per share; authorized 2,000,000 shares; none issued 0 0
Additional paid-in capital 436,996 433,696
Retained earnings 863,057 770,746
Accumulated items of other comprehensive income:    
Translation adjustments (105,880) (83,203)
Pension and postretirement liability adjustments (38,490) (39,661)
Derivative valuation adjustment (1,614) (9,544)
Treasury stock (Class A), at cost; 8,665,090 shares in 2021 and 8,391,011 shares in 2020 (280,143) (256,009)
Total Company shareholders’ equity 873,967 816,066
Noncontrolling interest 3,638 3,799
Total equity 877,605 819,865
Total liabilities and shareholders’ equity 1,556,064 1,549,936
Common Class A    
Shareholders’ Equity    
Common stock, par value 41 39
Common Class B    
Shareholders’ Equity    
Common stock, par value $ 0 $ 2