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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 200,057 $ 165,067
Trade receivables, less allowance for credit loss of $10,434 and $10,286 347,877 306,452
Inventories (Note 5) 350,119 343,035
Prepaid expenses and other current assets 36,787 54,738
Total current assets 934,840 869,292
Property, plant and equipment, net (Note 6) 276,691 283,063
Operating lease right-of-use assets, net 54,913 56,930
Prepaid pension cost (Note 16) 291,214 279,450
Deferred tax assets (Note 11) 20,305 20,991
Goodwill (Note 14) 726,055 731,592
Intangible assets, net (Note 14) 285,721 299,127
Other noncurrent assets 11,772 13,929
Total assets 2,601,511 2,554,374
Liabilities    
Notes payable and current portion of long-term debt (Note 13) 8,096 8,225
Accounts payable 123,632 110,775
Employees’ compensation 49,381 57,640
Other current liabilities 107,790 112,571
Total current liabilities 288,899 289,211
Long-term debt, net (Note 13) 591,648 572,709
Pensions (Note 16) and other employee benefits 140,535 143,834
Noncurrent operating lease liabilities 43,764 46,151
Deferred tax liabilities (Note 11) 126,747 127,540
Other noncurrent liabilities 8,261 7,917
Total liabilities 1,199,854 1,187,362
Equity    
Preferred stock, 4.5% cumulative, $50 par value (Note 8) 3,569 3,569
Common stock, no par value (Note 8) 352,597 343,842
Treasury shares, at cost (Note 8) (567,308) (484,848)
Accumulated other comprehensive loss (Note 7) (49,480) (41,781)
Retained earnings 1,662,279 1,546,230
Total shareholders’ equity 1,401,657 1,367,012
Total liabilities and shareholders’ equity $ 2,601,511 $ 2,554,374