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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 170,617 $ 164,560
Trade receivables, less allowance for credit loss of $7,996 and $8,047 294,423 279,213
Inventories (Note 5) 306,675 296,796
Prepaid expenses and other current assets 51,447 62,461
Total current assets 823,162 803,030
Property, plant and equipment, net (Note 6) 211,714 211,865
Operating lease right-of-use assets, net 56,308 56,083
Prepaid pension cost (Note 15) 229,744 224,638
Deferred tax assets (Note 11) 27,489 26,180
Goodwill (Note 14) 627,200 620,895
Intangible assets, net (Note 14) 243,800 246,437
Other noncurrent assets 16,468 16,656
Total assets 2,235,885 2,205,784
Liabilities    
Notes payable and current portion of long-term debt (Note 13) 32,886 26,391
Accounts payable 116,474 108,163
Employees’ compensation 39,500 54,826
Other current liabilities 91,580 98,713
Total current liabilities 280,440 288,093
Long-term debt, net (Note 13) 469,171 481,622
Pensions and other employee benefits (Note 15) 136,854 134,251
Noncurrent operating lease liabilities 45,681 45,984
Deferred tax liabilities (Note 11) 108,106 107,691
Other noncurrent liabilities 5,488 4,824
Total liabilities 1,045,740 1,062,465
Equity    
Preferred stock, 4.5% cumulative, $50 par value (Note 8) 3,569 3,569
Common stock, no par value (Note 8) 330,077 329,953
Treasury shares, at cost (Note 8) (413,812) (398,204)
Accumulated other comprehensive loss (Note 7) (118,911) (141,649)
Retained earnings 1,389,222 1,349,650
Total shareholders’ equity 1,190,145 1,143,319
Total liabilities and shareholders’ equity $ 2,235,885 $ 2,205,784