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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 189,861 $ 358,849
Accounts receivable (less allowance for doubtful accounts of $12,678 in 2019; $12,827 in 2018) 428,353 396,885
Inventories (Note 9) 397,752 361,829
Other current assets 111,897 120,236
Total Current Assets 1,127,863 1,237,799
Property, plant and equipment (less accumulated depreciation of $800,287 in 2019; $778,817 in 2018) 512,364 478,801
Goodwill 323,016 281,294
Other assets 431,090 351,931
TOTAL ASSETS 2,394,333 2,349,825
LIABILITIES AND EQUITY    
Short-term debt (Note 12) 30,110 111
Trade accounts payable 254,814 268,600
Accrued employee compensation and benefits 115,891 94,202
Other current liabilities 170,196 175,269
Total Current Liabilities 571,011 538,182
Long-Term Liabilities    
Long-term debt, less current portion (Note 12) 710,458 702,549
Other liabilities 266,806 221,502
Total Liabilities 1,548,275 1,462,233
Shareholders’ Equity    
Common shares 9,858 9,858
Additional paid-in capital 368,919 360,308
Retained earnings 2,661,720 2,564,440
Accumulated other comprehensive loss (281,850) (293,739)
Treasury shares (1,913,219) (1,753,925)
Total Shareholders’ Equity 845,428 886,942
Non-controlling interests 630 650
Total Equity 846,058 887,592
TOTAL LIABILITIES AND TOTAL EQUITY $ 2,394,333 $ 2,349,825