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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 29,882 $ 31,901
Trade accounts receivable, net 273,109 255,350
Inventories 462,108 490,757
Prepaid expenses and other current assets 46,988 44,857
TOTAL CURRENT ASSETS 812,087 822,865
OTHER ASSETS 88,263 66,788
DEFERRED TAX ASSETS 11,103 9,189
INTANGIBLE ASSETS, NET 17,715 18,867
GOODWILL 415,164 416,175
PROPERTY, PLANT, AND EQUIPMENT:    
Land 37,367 36,787
Buildings 322,587 318,463
Machinery and equipment 705,468 688,003
Construction in progress 27,789 34,772
Property, plant, and equipment, gross 1,093,211 1,078,025
Less accumulated depreciation (612,048) (586,969)
Property, plant, and equipment, net 481,163 491,056
TOTAL ASSETS 1,825,495 1,824,940
CURRENT LIABILITIES:    
Trade accounts payable 108,095 131,812
Accrued salaries, wages, and withholdings from employees 20,832 23,410
Other accrued expenses 40,297 31,198
Income taxes 5,108 8,234
Short-term borrowings 20,337 20,046
TOTAL CURRENT LIABILITIES 194,669 214,700
DEFERRED TAX LIABILITIES 29,984 28,976
OTHER LIABILITIES 22,310 8,554
ACCRUED EMPLOYEE AND RETIREE BENEFITS 24,313 23,210
LONG-TERM DEBT 656,737 689,553
SHAREHOLDERS' EQUITY:    
Common stock 5,396 5,396
Additional paid-in capital 98,037 101,663
Earnings reinvested in the business 1,552,928 1,516,243
Treasury stock, at cost (595,336) (597,800)
Accumulated other comprehensive loss (163,543) (165,555)
TOTAL SHAREHOLDERS' EQUITY 897,482 859,947
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,825,495 $ 1,824,940