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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and Cash Equivalents $ 302,648 $ 254,222 [1]
Short-term investment securities 0 501 [1]
TOTAL CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENT SECURITIES 302,648 254,723 [1]
Accounts receivable, net of allowance for doubtful accounts 151,765 161,566 [1]
Inventories 682,870 709,360 [1]
Prepaid income taxes 17,883 21,983 [1]
Prepaid expenses and other current assets 80,825 73,640 [1]
TOTAL CURRENT ASSETS 1,235,991 1,221,272 [1]
PROPERTY, PLANT AND EQUIPMENT, net 594,085 612,909 [1]
Operating Lease Right-of-Use Asset 66,408 69,909 [1]
GOODWILL 1,450,935 1,472,446 [1]
INTANGIBLE ASSETS, net 805,794 870,588 [1]
Deferred Income Taxes 38,861 37,295
OTHER ASSETS 94,593 94,020 [1]
TOTAL ASSETS 4,286,667 4,378,439 [1]
CURRENT LIABILITIES:    
Accounts payable 155,515 150,030 [1]
Accrued liabilities 299,751 268,215 [1]
Current portion of long-term debt 51,000 51,000
Income tax payable 4,141 7,714 [1]
Contingent earn-out liability 1,500 4,879
TOTAL CURRENT LIABILITIES 511,907 481,838 [1]
Contingent Earn-Out Liability 3,947 3,991 [1]
Long-term Debt 1,554,822 1,577,770
Other long-term liabilities 91,356 100,497
DEFERRED INCOME TAXES 53,794 55,873 [1]
INCOME TAX LIABILITY 33,029 35,060 [1]
COMMITMENTS AND CONTINGENCIES 0 0 [1]
STOCKHOLDERS' EQUITY:    
Convertible preferred stock, $1.00 par value Authorized-500 shares; Issued and outstanding - none 0 0 [1]
Common stock, $0.10 par value - Authorized-80,000 shares 2,443 2,414 [1]
Additional paid-in capital 1,380,703 1,366,493 [1]
Treasury Stock, at cost (518) (262) [1]
Retained earnings 746,969 807,846 [1]
Accumulated other comprehensive loss (91,785) (53,081) [1]
TOTAL STOCKHOLDERS' EQUITY 2,037,812 2,123,410 [1]
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,286,667 $ 4,378,439 [1]
[1] December 31, 2023 balances were derived from audited consolidated financial statements.