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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
CURRENT ASSETS:      
Cash and cash equivalents $ 106,289 $ 138,960 $ 57,857
Restricted cash 380 380 385
Investments 80,096 100,444 82,703
Accounts receivable trade, less allowances of $1,556, $1,949 and $1,652 30,010 45,044 36,824
Other receivables 4,739 3,418 3,224
Inventories:      
Finished goods and work-in-process 64,176 35,909 62,333
Raw materials and supplies 30,678 23,179 30,011
Prepaid expenses 6,341 5,996 7,752
Total current assets 322,709 353,330 281,089
PROPERTY, PLANT AND EQUIPMENT, at cost:      
Land 21,651 21,740 21,735
Buildings 122,645 122,843 121,841
Machinery and equipment 414,850 416,625 401,153
Construction in progress 10,484 4,427 11,362
Operating lease right-of-use assets 1,265 1,580 1,258
Property, plant and equipment, gross 570,895 567,215 557,349
Less - accumulated depreciation 386,674 378,760 370,619
Net property, plant and equipment 184,221 188,455 186,730
OTHER ASSETS:      
Goodwill 73,237 73,237 73,237
Trademarks 175,024 175,024 175,024
Investments 186,057 153,031 195,359
Split dollar officer life insurance 26,042 26,042 26,042
Prepaid expenses and other assets 6,650 8,056 10,507
Deferred income taxes 561 689 536
Total other assets 467,571 436,079 480,705
Total assets 974,501 977,864 948,524
CURRENT LIABILITIES:      
Accounts payable 12,935 12,720 14,326
Bank loans 864 747 686
Dividends payable 6,005 5,861 5,901
Accrued liabilities 40,235 41,611 38,077
Postretirement health care benefits 598 598 580
Operating lease liabilities 1,063 1,062 717
Deferred compensation 17,139 16,945  
Income taxes payable 5,353    
Total current liabilities 84,192 79,544 60,287
NONCURRENT LIABILITIES:      
Deferred income taxes 47,174 47,295 45,001
Postretirement health care benefits 13,247 13,145 12,030
Industrial development bonds 7,500 7,500 7,500
Liability for uncertain tax positions 3,811 4,240 4,001
Operating lease liabilities 202 518 541
Deferred compensation and other liabilities 65,984 65,973 76,539
Total noncurrent liabilities 137,918 138,671 145,612
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Capital in excess of par value 725,605 696,059 710,703
Retained earnings 4,588 40,809 8,121
Accumulated other comprehensive loss (21,904) (20,245) (19,537)
Treasury stock (at cost) - 93, 90 and 90 shares, respectively (1,992) (1,992) (1,992)
Total Tootsie Roll Industries, Inc. shareholders' equity 752,608 759,854 742,804
Noncontrolling interests (217) (205) (179)
Total equity 752,391 759,649 742,625
Total liabilities and shareholders' equity 974,501 977,864 948,524
Common Stock      
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Common stock, $.69-4/9 par value - 120,000 shares authorized; 39,664, 38,836 and 39,233, respectively, issued. Class B common stock, $.69-4/9 par value - 40,000 shares authorized; 27,025, 26,287 and 26,302, respectively, issued 27,544 26,969 27,245
Class B Common Stock      
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Common stock, $.69-4/9 par value - 120,000 shares authorized; 39,664, 38,836 and 39,233, respectively, issued. Class B common stock, $.69-4/9 par value - 40,000 shares authorized; 27,025, 26,287 and 26,302, respectively, issued $ 18,767 $ 18,254 $ 18,264