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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
CURRENT ASSETS:      
Cash and cash equivalents $ 136,291 $ 166,841 $ 139,067
Restricted cash 399 415 373
Investments 42,396 42,090 77,510
Accounts receivable trade, less allowances of $1,672, $1,694 and $1,887 34,620 41,209 36,006
Other receivables 3,183 3,894 3,446
Inventories:      
Finished goods and work-in-process 42,166 35,583 46,683
Raw materials and supplies 26,111 23,996 24,974
Prepaid expenses 7,166 6,844 6,231
Total current assets 292,332 320,872 334,290
PROPERTY, PLANT AND EQUIPMENT, at cost:      
Land 21,711 21,738 21,627
Buildings 123,836 123,883 122,598
Machinery and equipment 421,364 422,506 414,526
Construction in progress 19,575 14,347 7,669
Operating lease right-of-use assets 653 858 1,388
Property, plant and equipment, gross 587,139 583,332 567,808
Less - accumulated depreciation 399,566 396,004 381,850
Net property, plant and equipment 187,573 187,328 185,958
OTHER ASSETS:      
Goodwill 73,237 73,237 73,237
Trademarks 175,024 175,024 175,024
Investments 243,749 220,020 153,287
Split dollar officer life insurance 2,514 2,514 26,042
Prepaid expenses and other assets 3,557 4,525 7,555
Deferred income taxes 1,005 1,038 534
Total other assets 499,086 476,358 435,679
Total assets 978,991 984,558 955,927
CURRENT LIABILITIES:      
Accounts payable 14,275 13,025 15,991
Bank loans 965 832 781
Dividends payable 168 5,948 160
Accrued liabilities 43,421 45,099 38,424
Postretirement health care benefits 544 544 598
Operating lease liabilities 611 780 1,063
Deferred compensation     16,751
Income taxes payable 5,957 3,793 3,418
Total current liabilities 65,941 70,021 77,186
NONCURRENT LIABILITIES:      
Deferred income taxes 47,636 47,900 45,755
Postretirement health care benefits 12,947 12,943 13,206
Industrial development bonds 7,500 7,500 7,500
Liability for uncertain tax positions 3,483 3,351 3,697
Operating lease liabilities 42 78 325
Deferred compensation and other liabilities 82,856 79,665 56,737
Total noncurrent liabilities 154,464 151,437 127,220
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Capital in excess of par value 732,165 706,930 729,673
Retained earnings 3,121 32,312 3,197
Accumulated other comprehensive loss (21,577) (19,815) (25,539)
Treasury stock (at cost) - 96, 93 and 93 shares, respectively (1,992) (1,992) (1,992)
Total Tootsie Roll Industries, Inc. shareholders' equity 758,816 763,327 751,732
Noncontrolling interests (230) (227) (211)
Total equity 758,586 763,100 751,521
Total liabilities and shareholders' equity 978,991 984,558 955,927
Common Stock      
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Common stock, $.69-4/9 par value - 120,000 shares authorized - 40,002, 39,073 and 39,769, respectively, issued. Class B common stock, $.69-4/9 par value - 40,000 shares authorized - 27,821, 27,012 and 27,037, respectively, issued 27,779 27,134 27,617
Class B Common Stock      
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Common stock, $.69-4/9 par value - 120,000 shares authorized - 40,002, 39,073 and 39,769, respectively, issued. Class B common stock, $.69-4/9 par value - 40,000 shares authorized - 27,821, 27,012 and 27,037, respectively, issued $ 19,320 $ 18,758 $ 18,776