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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 264,709 $ 315,457
Restricted cash 2,948 3,026
Short-term investments 9,188 10,174
Accounts receivable , net of allowances of $12,133 and $5,641 at June 30, 2024 and December 31, 2023, respectively 384,965 371,930
Inventories 461,539 389,774
Prepaid expenses and other 97,115 97,024
Total current assets 1,220,464 1,187,385
Property, plant and equipment, net 707,617 746,169
Deferred tax assets 50,956 51,620
Goodwill 145,595 146,558
Intangible assets, net 57,391 63,937
Other long-term assets 179,034 171,990
Total assets 2,361,057 2,367,659
Current liabilities:    
Lines of credit 26,343 40,685
Accounts payable 156,687 158,261
Accrued liabilities and other 167,436 179,674
Income tax payable 9,145 10,459
Current portion of long-term debt 1,344 4,419
Total current liabilities 360,955 393,498
Long-term debt, net of current portion 18,988 16,979
Deferred tax liabilities 9,532 13,662
Unrecognized tax benefits 34,035 34,035
Other long-term liabilities 85,971 99,808
Total liabilities 509,481 557,982
Commitments and contingencies (See Note 9)
Stockholders' equity    
Preferred stock - par value $1.00 per share; 1,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock - par value $0.66 2/3 per share; 70,000,000 shares authorized; and 46,146,009 shares and 45,938,383 shares issued and outstanding at June 30, 2024 and December 31, 2023 , respectively 36,958 36,819
Additional paid-in capital 513,309 509,861
Retained earnings 1,697,312 1,675,274
Treasury stock, at cost 9,287,762 shares and 9,286,862 shares at June 30, 2024 and December 31, 2023 respectively (338,052) (337,986)
Accumulated other comprehensive loss (135,172) (143,227)
Stockholders' equity 1,774,355 1,740,741
Noncontrolling interest 77,221 68,936
Total equity 1,851,576 1,809,677
Total liabilities and stockholders' equity $ 2,361,057 $ 2,367,659