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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 154,371 $ 146,442
Trade receivables, less allowance for credit loss of $7,937 and $7,065 277,346 294,678
Inventories (Note 4) 351,805 292,604
Prepaid expenses and other current assets 59,147 52,546
Total current assets 842,669 786,270
Property, plant and equipment, net (Note 5) 216,646 211,877
Operating lease right-of-use assets, net 59,393 53,298
Prepaid pension cost (Note 14) 183,915 172,161
Deferred tax assets (Note 10) 34,513 33,065
Goodwill (Note 13) 632,837 627,534
Intangible assets, net (Note 13) 254,364 266,134
Other noncurrent assets 17,590 19,811
Total assets 2,241,927 2,170,150
Liabilities    
Notes payable and current portion of long-term debt (Note 12) 26,915 26,522
Accounts payable 128,031 111,872
Employees’ compensation 56,831 73,386
Other current liabilities 102,701 121,038
Total current liabilities 314,478 332,818
Long-term debt, net (Note 12) 527,807 575,170
Pensions and other employee benefits (Note 14) 144,105 143,967
Noncurrent operating lease liabilities 49,337 44,495
Deferred tax liabilities (Note 10) 103,175 102,419
Other noncurrent liabilities 7,680 4,479
Total liabilities 1,146,582 1,203,348
Equity    
Preferred stock, 4.5% cumulative, $50 par value (Note 7) 3,569 3,569
Common stock, no par value (Note 7) 324,609 312,324
Treasury shares, at cost (Note 7) (388,421) (363,284)
Accumulated other comprehensive loss (Note 6) (126,205) (129,249)
Retained earnings 1,281,793 1,143,442
Total shareholders’ equity 1,095,345 966,802
Total liabilities and shareholders’ equity $ 2,241,927 $ 2,170,150