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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Jun. 30, 2020
CURRENT ASSETS:      
Cash and cash equivalents $ 96,617 $ 166,841 $ 106,289
Restricted cash 402 415 380
Investments 42,584 42,090 80,096
Accounts receivable trade, less allowances of $1,767, $1,694 and $1,456 36,133 41,209 30,010
Other receivables 3,652 3,894 4,739
Inventories:      
Finished goods and work-in-process 57,811 35,583 64,176
Raw materials and supplies 30,473 23,996 30,678
Prepaid expenses 9,794 6,844 6,341
Total current assets 277,466 320,872 322,709
PROPERTY, PLANT AND EQUIPMENT, at cost:      
Land 21,732 21,738 21,651
Buildings 123,880 123,883 122,645
Machinery and equipment 421,420 422,506 414,850
Construction in progress 28,280 14,347 10,484
Operating lease right-of-use assets 6,892 858 1,265
Property, plant and equipment, gross 602,204 583,332 570,895
Less - accumulated depreciation 403,996 396,004 386,674
Net property, plant and equipment 198,208 187,328 184,221
OTHER ASSETS:      
Goodwill 73,237 73,237 73,237
Trademarks 175,024 175,024 175,024
Investments 264,693 220,020 186,057
Split dollar officer life insurance 2,514 2,514 26,042
Prepaid expenses and other assets 2,771 4,525 6,650
Deferred income taxes 1,045 1,038 561
Total other assets 519,284 476,358 467,571
Total assets 994,958 984,558 974,501
CURRENT LIABILITIES:      
Accounts payable 20,317 13,025 12,935
Bank loans 986 832 864
Dividends payable 6,077 5,948 6,005
Accrued liabilities 46,389 45,099 40,235
Postretirement health care benefits 544 544 598
Operating lease liabilities 818 780 1,063
Deferred compensation     17,139
Income taxes payable 468 3,793 5,353
Total current liabilities 75,599 70,021 84,192
NONCURRENT LIABILITIES:      
Deferred income taxes 47,664 47,900 47,174
Postretirement health care benefits 12,956 12,943 13,247
Industrial development bonds 7,500 7,500 7,500
Liability for uncertain tax positions 3,608 3,351 3,811
Operating lease liabilities 6,074 78 202
Deferred compensation and other liabilities 88,971 79,665 65,984
Total noncurrent liabilities 166,773 151,437 137,918
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Capital in excess of par value 722,617 706,930 725,605
Retained earnings 6,846 32,312 4,588
Accumulated other comprehensive loss (21,541) (19,815) (21,904)
Treasury stock (at cost) - 96, 93 and 93 shares, respectively (1,992) (1,992) (1,992)
Total Tootsie Roll Industries, Inc. shareholders' equity 752,819 763,327 752,608
Noncontrolling interests (233) (227) (217)
Total equity 752,586 763,100 752,391
Total liabilities and shareholders' equity 994,958 984,558 974,501
Common Stock      
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Common stock, value 27,569 27,134 27,544
Class B Common Stock      
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Common stock, value $ 19,320 $ 18,758 $ 18,767