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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 17,419 $ 11,138
Accounts receivable, less allowances for discounts and doubtful accounts of $6,090 and $5,687 for 2019 and 2018, respectively 179,386 157,535
Inventories 375,258 349,811
Unreturned customer inventories 18,677 20,484
Prepaid expenses and other current assets 14,972 7,256
Total current assets 605,712 546,224
Property, plant and equipment, net of accumulated depreciation of $192,515 and $186,135 for 2019 and 2018, respectively 89,197 90,754
Operating lease right-of-use assets 35,648 0
Goodwill 77,728 67,321
Other intangibles, net 69,017 48,411
Deferred income taxes 39,825 42,334
Investments in unconsolidated affiliates 34,400 32,469
Other assets 18,000 15,619
Total assets 969,527 843,132
CURRENT LIABILITIES:    
Notes payable 130,000 43,689
Current portion of other debt 5,085 5,377
Accounts payable 89,149 94,357
Sundry payables and accrued expenses 34,280 31,033
Accrued customer returns 53,420 57,433
Accrued core liability 26,671 31,263
Accrued rebates 32,598 28,870
Payroll and commissions 22,737 20,564
Total current liabilities 393,940 312,586
Long-term debt 153 153
Noncurrent operating lease liabilities 28,613 0
Other accrued liabilities 20,452 18,075
Accrued asbestos liabilities 41,104 45,117
Total liabilities 484,262 375,931
Stockholders' equity:    
Common stock - par value $2.00 per share: Authorized - 30,000,000 shares; issued 23,936,036 shares 47,872 47,872
Capital in excess of par value 105,347 102,470
Retained earnings 401,465 380,113
Accumulated other comprehensive income (8,511) (9,594)
Treasury stock - at cost (1,629,398 shares and 1,503,284 shares in 2019 and 2018, respectively) (60,908) (53,660)
Total stockholders' equity 485,265 467,201
Total liabilities and stockholders' equity $ 969,527 $ 843,132