CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
CURRENT ASSETS:
Cash and cash equivalents	$ 53,270	$ 105,840
Restricted cash	365	386
Investments	96,128	39,968
Accounts receivable trade, less allowances of $2,335 and $2,281	58,556	54,921
Other receivables	4,299	3,920
Inventories:
Finished goods and work-in-process	43,595	31,431
Raw materials and supplies	40,671	24,074
Prepaid expenses	12,144	7,761
Total current assets	309,028	268,301
PROPERTY, PLANT AND EQUIPMENT, at cost:
Land	21,715	21,704
Buildings	142,462	130,158
Machinery and equipment	467,977	446,777
Construction in progress	4,325	15,344
Operating lease right-of-use assets	4,703	7,419
Property, plant and equipment, gross	641,182	621,402
Less - accumulated depreciation	429,139	412,496
Net property, plant and equipment	212,043	208,906
OTHER ASSETS:
Goodwill	73,237	73,237
Trademarks	175,024	175,024
Investments	247,528	291,175
Prepaid expenses and other assets	465	603
Deferred income taxes	1,454	1,372
Total other assets	497,708	541,411
Total assets	1,018,779	1,018,618
CURRENT LIABILITIES:
Accounts payable	25,246	14,969
Bank loans	1,051	939
Dividends payable	6,154	6,042
Accrued liabilities	54,444	53,896
Postretirement health care benefits	658	616
Operating lease liabilities	791	1,072
Income taxes payable	1,790	2,434
Total current liabilities	90,134	79,968
NONCURRENT LIABILITIES:
Deferred income taxes	45,005	45,461
Postretirement health care benefits	9,303	12,619
Industrial development bonds	7,500	7,500
Liability for uncertain tax positions	3,747	3,415
Operating lease liabilities	3,952	6,347
Deferred compensation and other liabilities	76,256	94,511
Total noncurrent liabilities	145,763	169,853
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:
Capital in excess of par value	719,606	709,880
Retained earnings	48,276	39,545
Accumulated other comprehensive loss	(30,169)	(25,013)
Treasury stock (at cost) - 99 and 96 shares, respectively	(1,992)	(1,992)
Total Tootsie Roll Industries, Inc. shareholders' equity	783,171	769,042
Noncontrolling interests	(289)	(245)
Total equity	782,882	768,797
Total liabilities and shareholders' equity	1,018,779	1,018,618
Common Stock
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:
Common stock, value	27,584	27,322
Class B Common Stock
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:
Common stock, value	$ 19,866	$ 19,300