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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 79,145 $ 93,805
Accounts receivable, less allowances (2020 – $6,348; 2019 – $5,197) 251,460 348,974
Inventories 238,008 232,706
Prepaid expenses and other current assets 73,732 67,532
Disposal Group, Including Discontinued Operation, Assets, Current 0 21,373
Total current assets 642,345 764,390
Deferred income taxes 22,092 21,235
Property, plant and equipment, net 370,947 356,603
Goodwill 1,011,580 933,022
Other intangible assets, net 564,132 581,116
Other assets 65,130 53,924
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 0 28,045
Total assets 2,676,226 2,738,335
Current liabilities    
Notes and overdrafts payable 2,115 7,724
Accounts payable 112,428 118,509
Accrued liabilities 178,560 209,992
Long-term debt – current 2,276 2,034
Liabilities held for sale 0 4,616
Total current liabilities 295,379 342,875
Long-term debt 699,868 825,017
Accrued retirement benefits 98,171 93,358
Deferred income taxes 91,668 88,408
Long-term tax liability 59,063 66,012
Other liabilities 49,400 45,148
Liabilities held for sale 0 6,989
Commitments and contingencies (Note 23)
Stockholders’ equity    
Common stock – par value $0.01 per share Authorized: 150,000,000 shares, Issued: at par value (2019 – 63,872,756 shares; 2018 – 63,367,133 shares) 642 639
Additional paid-in capital 501,531 489,282
Treasury stock, at cost (2019 – 13,051,256 shares; 2018 – 12,033,580 shares) (516,992) (498,074)
Retained earnings 1,519,811 1,489,176
Accumulated other non-owner changes to equity (122,315) (210,495)
Total stockholders’ equity 1,382,677 1,270,528
Total liabilities and stockholders’ equity $ 2,676,226 $ 2,738,335