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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents (Note A) $ 13,681 $ 16,713
Accounts receivable (Note A) 222,916 193,793
Inventories, net (Notes A and J) 461,231 441,299
Prepaid and other current assets 91,692 72,419
Total current assets 789,520 724,224
Deferred income taxes (Notes A and H) 7,727 2,964
Property, plant, and equipment (Notes A and K) 1,376,703 1,315,586
Less allowances for depreciation, depletion, and amortization (841,245) (804,781)
Property, plant, and equipment — net 535,458 510,805
Operating lease, right-of-use asset (Note M) 62,036 64,449
Intangible assets (Notes A and M) 105,874 109,312
Other assets (Note P) 21,529 22,140
Goodwill (Notes A and N) 280,657 263,738
Total Assets 1,802,801 1,697,632
Current liabilities    
Short-term debt (Note O) 22,445 34,274
Accounts payable 148,642 105,901
Salaries and wages 19,312 20,939
Other liabilities and accrued items 45,445 47,523
Income taxes (Notes A and H) 5,054 4,906
Unearned revenue (Note D) 12,685 13,191
Total current liabilities 253,583 226,734
Other long-term liabilities 12,556 12,013
Operating lease liabilities (Note M) 60,568 62,626
Finance lease liabilities (Note M) 13,384 12,404
Retirement and post-employment benefits (Note P) 23,931 26,411
Unearned income (Notes A and L) 55,862 75,769
Long-term income taxes (Notes A and H) 532 1,818
Deferred income taxes (Notes A and H) 2,760 3,242
Long-term debt (Note O) 436,348 407,734
Shareholders’ equity    
Serial preferred stock (no par value; 5,000 authorized shares, none issued) 0 0
Common stock (no par value; 60,000 authorized shares, issued shares of 27,148 for both 2025 and 2024) 351,901 336,136
Retained earnings 912,361 849,111
Common stock in treasury (6,413 shares for 2025 and 6,384 shares for 2024) (277,473) (261,880)
Accumulated other comprehensive loss (Note Q) (50,581) (61,046)
Other equity 7,069 6,560
Total shareholders’ equity 943,277 868,881
Total Liabilities and Shareholders’ Equity $ 1,802,801 $ 1,697,632