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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 197,150 $ 192,958
Accounts receivable (less allowance for doubtful accounts of $12,556 in 2022; $11,105 in 2021) 541,529 429,074
Inventories (Note 16) 665,451 539,919
Other current assets 153,660 127,642
Total Current Assets 1,557,790 1,289,593
Property, plant and equipment, net (Note 1) 544,871 511,744
Intangibles, net (Note 5) 202,706 149,393
Goodwill (Note 5) 665,257 430,162
Deferred income taxes (Note 13) 22,811 18,318
Other assets 187,111 193,097
TOTAL ASSETS 3,180,546 2,592,307
Current Liabilities    
Amounts due banks (Note 9) 82,444 51,964
Trade accounts payable 352,079 330,230
Accrued employee compensation and benefits 109,369 108,562
Dividends payable 36,879 32,921
Other current liabilities 261,087 231,462
Current portion of long-term debt (Note 9) 11,039 766
Total Current Liabilities 852,897 755,905
Long-term debt, less current portion (Note 9) 1,110,396 717,089
Deferred income taxes (Note 13) 17,022 56,718
Other liabilities 166,190 198,686
Total Liabilities 2,146,505 1,728,398
Shareholders' Equity    
Preferred shares, without par value - at stated capital amount; authorized - 5,000,000 shares; issued and outstanding - none 0 0
Common shares, without par value - at stated capital amount; authorized - 240,000,000 shares; issued - 98,581,434 shares in 2022 and 2021; outstanding - 57,623,539 shares in 2022 and 58,786,776 shares in 2021 9,858 9,858
Additional paid-in capital 481,857 451,268
Retained earnings 3,306,500 2,970,303
Accumulated other comprehensive loss (Note 8) (275,299) (257,386)
Treasury shares, at cost - 40,957,895 shares in 2022 and 39,794,658 shares in 2021 (2,488,776) (2,309,941)
Total Shareholders' Equity 1,034,140 864,102
Non-controlling interests (99) (193)
Total Equity 1,034,041 863,909
TOTAL LIABILITIES AND TOTAL EQUITY $ 3,180,546 $ 2,592,307