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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 02, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 352,732 $ 402,565
Trade accounts and notes receivable, net of allowance for doubtful accounts of $2,486 and $2,349 372,759 347,413
Inventories, net 545,607 475,213
Deferred tax charges and refundable income taxes 34,755 35,312
Other current assets 63,482 52,867
Total current assets 1,369,335 1,313,370
Property, plant and equipment, net of accumulated depreciation of $674,237 and $653,104 698,574 654,098
Other assets:    
Right-of-use assets 69,713 66,563
Goodwill 793,861 793,702
Intangible assets, net of accumulated amortization of $507,465 and $494,601 322,289 335,113
Deferred tax assets and other noncurrent tax assets 17,820 17,671
Other 11,848 11,379
Total assets 3,283,440 3,191,896
Current liabilities:    
Accounts payable 133,956 130,734
Accrued payroll and related benefits 55,562 108,818
Other accrued liabilities 117,469 90,313
Income taxes payable 64,674 49,136
Total current liabilities 371,661 379,001
Long-term debt, excluding current maturities, net of unamortized discount and debt issuance costs of $7,651 and $7,973 937,349 937,027
Pension benefit obligations and other liabilities 37,964 37,816
Deferred tax liabilities and other noncurrent tax liabilities 54,038 64,170
Long-term lease liability 62,110 60,101
Commitments and contingent liabilities 0 0
Equity:    
Preferred stock, par value $.01; 5,000,000 shares authorized; none issued and outstanding as of April 2, 2022 and December 31, 2021 0 0
Common stock, par value $.01; 400,000,000 shares authorized; issued and outstanding shares as of April 2, 2022: 136,085,484 and 135,883,084, respectively; issued and outstanding shares as of December 31, 2021: 135,719,366 and 135,516,966, respectively 1,361 1,357
Treasury stock, at cost: 202,400 shares held as of April 2, 2022 and December 31, 2021 (7,112) (7,112)
Additional paid-in capital 876,388 879,845
Retained earnings 991,821 879,776
Accumulated other comprehensive loss (42,140) (40,085)
Total equity 1,820,318 1,713,781
Total liabilities and equity $ 3,283,440 $ 3,191,896