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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 291,776,000 $ 302,036,000
Accounts receivable, net 200,018,000 191,985,000
Contract assets, net 148,695,000 112,546,000
Inventories 139,050,000 117,882,000
Income taxes prepaid and receivable 7,938,000 1,958,000
Prepaid expenses and other current assets 50,962,000 32,394,000
Total current assets 838,439,000 758,801,000
Property, plant and equipment, net 445,658,000 436,417,000
Intangibles, net 33,811,000 39,081,000
Goodwill 178,217,000 182,124,000
Deferred income taxes 15,196,000 26,376,000
Noncurrent receivables, net 27,913,000 31,849,000
Other assets 103,021,000 81,416,000
Total assets 1,642,255,000 1,556,064,000
Current liabilities:    
Accounts payable 69,707,000 68,954,000
Accrued liabilities 126,385,000 124,325,000
Current maturities of long-term debt 0 0
Income taxes payable 15,224,000 14,887,000
Total current liabilities 211,316,000 208,166,000
Long-term debt 439,000,000 350,000,000
Other noncurrent liabilities 108,758,000 107,794,000
Deferred taxes and other liabilities 15,638,000 12,499,000
Total liabilities 774,712,000 678,459,000
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 441,540,000 436,996,000
Retained earnings 931,318,000 863,057,000
Accumulated items of other comprehensive income:    
Translation adjustments (146,851,000) (105,880,000)
Pension and postretirement liability adjustments (15,783,000) (38,490,000)
Derivative valuation adjustment 17,707,000 (1,614,000)
Treasury stock (Class A), at cost; 9,674,542 shares in 2022 and 8,665,090 shares in 2021 (364,923,000) (280,143,000)
Total Company shareholders’ equity 863,049,000 873,967,000
Noncontrolling interest 4,494,000 3,638,000
Total equity 867,543,000 877,605,000
Total liabilities and shareholders’ equity 1,642,255,000 1,556,064,000
Common Class A    
Shareholders’ Equity    
Common stock, par value 41,000 41,000
Common Class B    
Shareholders’ Equity    
Common stock, par value $ 0 $ 0