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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive (Loss)Income
Common Stock Par Value
Treasury Stock
Capital in Excess of Par Value
Non- Controlling Interest
Balance at beginning of period at Dec. 31, 2019 $ 1,572,252 $ (1,377) $ 1,523,820 $ (1,377) $ (341,948) $ 686 $ (381,238) $ 770,596 $ 336
Increase (Decrease) in Stockholders' Equity                  
Net income 214,090   214,040           50
Foreign currency translation adjustments 79,109       79,099       10
Changes in unrecognized pension gains (losses) and related amortization, net of tax (19,175)       (19,175)        
Changes in derivative gains (losses), net of tax 315       315        
Stock awards and option exercises 98,229         9 19,655 78,565  
Cash dividends declared on common stock (92,658)   (92,658)            
Balance at end of period at Dec. 31, 2020 1,850,785   1,643,825   (281,709) 695 (361,583) 849,161 396
Increase (Decrease) in Stockholders' Equity                  
Net income 243,638   244,097           (459)
Acquisitions of non-controlling interest 38,543               38,543
Purchases of subsidiary shares from non-controlling interest (23,020)               (23,020)
Foreign currency translation adjustments (71,742)       (71,475)       (267)
Changes in unrecognized pension gains (losses) and related amortization, net of tax 35,836       35,836        
Changes in derivative gains (losses), net of tax 1,307       1,307        
Stock awards and option exercises 85,910         9 18,528 67,373  
Cash dividends declared on common stock (98,509)   (98,509)            
Treasury stock purchased (78,148)           (78,148)    
Balance at end of period at Dec. 31, 2021 1,984,600   1,789,413   (316,041) 704 (421,203) 916,534 15,193
Increase (Decrease) in Stockholders' Equity                  
Net income 239,555   239,288           267
Foreign currency translation adjustments (80,431)       (79,240)       (1,191)
Changes in unrecognized pension gains (losses) and related amortization, net of tax 60,535       60,535        
Changes in derivative gains (losses), net of tax (6,620)       (6,620)        
Stock awards and option exercises 62,152         5 10,063 52,084  
Cash dividends declared on common stock (99,461)   (99,461)            
Treasury stock purchased (92,126)           (92,126)    
Balance at end of period at Dec. 31, 2022 $ 2,068,204   $ 1,929,240   $ (341,366) $ 709 $ (503,266) $ 968,618 $ 14,269