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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 393,787 $ 197,150
Accounts receivable (less allowance for doubtful accounts of $11,464 in 2023; $12,556 in 2022) 538,830 541,529
Inventories (Note 16) 562,864 665,451
Other current assets 197,630 153,660
Total Current Assets 1,693,111 1,557,790
Property, plant and equipment, net (Note 1) 575,316 544,871
Intangibles, net (Note 5) 186,667 202,706
Goodwill (Note 5) 694,452 665,257
Deferred income taxes (Note 13) 45,176 22,811
Other assets 182,575 187,111
TOTAL ASSETS 3,377,297 3,180,546
Current Liabilities    
Amounts due banks (Note 9) 2,435 82,444
Trade accounts payable 325,435 352,079
Accrued employee compensation and benefits 112,373 109,369
Dividends payable 40,453 36,879
Other current liabilities 273,910 261,087
Current portion of long-term debt (Note 9) 4 11,039
Total Current Liabilities 754,610 852,897
Long-term debt, less current portion (Note 9) 1,102,771 1,110,396
Deferred income taxes (Note 13) 13,146 17,022
Other liabilities 197,918 166,190
Total Liabilities 2,068,445 2,146,505
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 2023 and 2022; outstanding - 56,975,815 shares in 2023 and 57,623,539 shares in 2022 9,858 9,858
Additional paid-in capital 523,357 481,857
Retained earnings 3,688,038 3,306,500
Accumulated other comprehensive loss (Note 8) (229,847) (275,398)
Treasury shares, at cost - 41,605,619 shares in 2023 and 40,957,895 shares in 2022 (2,682,554) (2,488,776)
Total Equity 1,308,852 1,034,041
TOTAL LIABILITIES AND TOTAL EQUITY $ 3,377,297 $ 3,180,546