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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 370,302 $ 597,044
Receivables, net 409,711 413,806
Inventories, net 343,099 366,987
Other current assets 73,117 79,142
Total current assets 1,196,229 1,456,979
Property, plant and equipment, less accumulated depreciation 495,625 451,069
Operating lease right-of-use assets 118,551 89,686
Goodwill 1,018,677 907,331
Intangible assets, less accumulated amortization 419,074 269,144
Deferred income taxes 16,353 15,739
Other long-lived assets 63,429 50,243
Segment assets 3,327,938 3,240,191
Current liabilities:    
Accounts payable 315,724 343,215
Accrued liabilities 306,980 290,289
Total current liabilities 622,704 633,504
Long-term debt 1,130,101 1,204,211
Postretirement benefits 63,260 74,573
Deferred income taxes 77,333 49,472
Long-term operating lease liabilities 100,049 74,941
Other long-term liabilities 39,755 37,188
Stockholders’ equity:    
Common stock, par value $0.01 per share— 200,000 shares authorized; 50,335 shares issued; 40,211 and 41,127 shares outstanding at 2024 and 2023, respectively 503 503
Additional paid-in capital 839,755 818,663
Retained earnings 1,176,036 985,807
Accumulated other comprehensive loss (3,532) (41,279)
Treasury stock, at cost— 10,124 and 9,208 shares at 2024 and 2023, respectively (718,026) (597,437)
Total Belden stockholders’ equity 1,294,736 1,166,257
Noncontrolling interest 0 45
Total stockholders’ equity 1,294,736 1,166,302
Total liabilities and stockholders' equity $ 3,327,938 $ 3,240,191