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Consolidated Condensed Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 94,187 $ 110,498
Accounts receivable, net 179,604 163,386
Inventories, net 281,074 279,079
Prepaid expenses and other current assets 36,953 30,895
Total current assets 591,818 583,858
Property, plant and equipment, net 281,719 291,140
Operating lease right-of-use assets 80,696 87,519
Deferred tax asset 21,577 21,721
Goodwill and intangible assets, net 154,605 161,703
Other assets 85,702 84,154
Total assets 1,216,117 1,230,095
Current liabilities    
Accounts payable 78,524 62,912
Accrued expenses 114,961 130,890
Current portion of operating lease liabilities 12,692 12,347
Current portion of long-term debt 8,526 8,572
Total current liabilities 214,703 214,721
Long-term debt 379,027 408,641
Operating lease liabilities 71,531 78,269
Deferred income taxes 31,639 33,832
Other long-term liabilities 68,052 68,685
Total liabilities 764,952 804,148
Commitments and contingencies (Note 15)
Shareholders’ equity    
Preferred stock, par value $1.00 per share; 5,000 shares authorized; none issued or outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, par value $0.10 per share; 120,000 shares authorized; 58,303 and 58,112 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 5,830 5,811
Additional paid-in capital 254,666 252,909
Retained earnings 356,397 320,833
Accumulated other comprehensive loss – foreign currency translation (132,704) (119,590)
Accumulated other comprehensive loss – pension liability (33,024) (34,016)
Total shareholders’ equity 451,165 425,947
Total liabilities and shareholders’ equity $ 1,216,117 $ 1,230,095