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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 24,654 $ 25,865
Trade accounts receivable, net 222,552 194,509
Inventories 456,480 404,320
Prepaid expenses and other current assets 43,245 50,974
Assets held for sale 7,396 41,393
TOTAL CURRENT ASSETS 754,327 717,061
OTHER ASSETS 66,917 70,462
DEFERRED TAX ASSETS 18,075 12,120
INTANGIBLE ASSETS, NET 7,658 8,126
GOODWILL 407,127 383,568
PROPERTY, PLANT AND EQUIPMENT:    
Land 34,866 33,015
Buildings 306,217 265,157
Machinery and equipment 684,526 643,869
Construction in progress 44,974 79,981
Property, plant and equipment, gross 1,070,583 1,022,022
Less accumulated depreciation (585,822) (545,499)
Property, plant and equipment, net 484,761 476,523
TOTAL ASSETS 1,738,865 1,667,860
CURRENT LIABILITIES:    
Trade accounts payable 101,104 92,450
Accrued salaries, wages and withholdings from employees 25,676 26,502
Other accrued expenses 58,282 54,752
Income taxes 5,057 14,080
Short-term borrowings 20,092 20,578
Liabilities held for sale 0 5,313
TOTAL CURRENT LIABILITIES 210,211 213,675
DEFERRED INCOME TAXES 12,017 9,650
OTHER LIABILITIES 8,427 6,103
ACCRUED EMPLOYEE AND RETIREE BENEFITS 21,283 19,911
LONG-TERM DEBT 607,395 582,780
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 112,459 107,686
Earnings reinvested in the business 1,415,406 1,378,923
Treasury stock, at cost (505,138) (442,799)
Accumulated other comprehensive loss (148,591) (213,465)
TOTAL SHAREHOLDERS' EQUITY 879,532 835,741
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,738,865 $ 1,667,860