Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 145,290	$ 66,447
Accounts receivable, less allowances (2017 – $5,143; 2016 – $3,992)	348,943	287,123
Inventories	241,962	227,759
Prepaid expenses and other current assets	32,526	27,163
Total current assets	768,721	608,492
Deferred income taxes	12,161	25,433
Property, plant and equipment, net	359,298	334,489
Goodwill	690,223	633,436
Other intangible assets, net	507,042	522,258
Other assets	28,271	13,431
Total assets	2,365,716	2,137,539
Current liabilities
Notes and overdrafts payable	5,669	30,825
Accounts payable	127,521	112,024
Accrued liabilities	181,241	156,967
Long-term debt – current	1,330	2,067
Total current liabilities	315,761	301,883
Long-term debt	525,597	468,062
Accrued retirement benefits	89,000	109,350
Deferred income taxes	73,505	66,446
Long-term tax liability	79,770	0
Other liabilities	21,762	23,440
Commitments and contingencies (Note 20)
Stockholders’ equity
Common stock – par value $0.01 per share Authorized: 150,000,000 shares, ssued: at par value (2017 – 63,034,240 shares; 2016 – 62,692,403 shares)	630	627
Additional paid-in capital	457,365	443,235
Treasury stock, at cost (2017 – 9,656,369 shares; 2016 – 8,889,947 shares)	(297,998)	(251,827)
Retained earnings	1,206,723	1,177,151
Accumulated other non-owner changes to equity	(106,399)	(200,828)
Total stockholders’ equity	1,260,321	1,168,358
Total liabilities and stockholders’ equity	$ 2,365,716	$ 2,137,539