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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 105,840 $ 166,841
Restricted cash 386 415
Investments 39,968 42,090
Accounts receivable trade, less allowances of $2,281 and $1,694 54,921 41,209
Other receivables 3,920 3,894
Inventories:    
Finished goods and work-in-process 31,431 35,583
Raw materials and supplies 24,074 23,996
Prepaid expenses 7,761 6,844
Total current assets 268,301 320,872
PROPERTY, PLANT AND EQUIPMENT, at cost:    
Land 21,704 21,738
Buildings 130,158 123,883
Machinery and equipment 446,777 422,506
Construction in progress 15,344 14,347
Operating lease right-of-use assets 7,419 858
Property, plant and equipment, gross 621,402 583,332
Less - accumulated depreciation 412,496 396,004
Net property, plant and equipment 208,906 187,328
OTHER ASSETS:    
Goodwill 73,237 73,237
Trademarks 175,024 175,024
Investments 291,175 220,020
Split dollar officer life insurance   2,514
Prepaid expenses and other assets 603 4,525
Deferred income taxes 1,372 1,038
Total other assets 541,411 476,358
Total assets 1,018,618 984,558
CURRENT LIABILITIES:    
Accounts payable 14,969 13,025
Bank loans 939 832
Dividends payable 6,042 5,948
Accrued liabilities 53,896 45,099
Postretirement health care benefits 616 544
Operating lease liabilities 1,072 780
Income taxes payable 2,434 3,793
Total current liabilities 79,968 70,021
NONCURRENT LIABILITIES:    
Deferred income taxes 45,461 47,900
Postretirement health care benefits 12,619 12,943
Industrial development bonds 7,500 7,500
Liability for uncertain tax positions 3,415 3,351
Operating lease liabilities 6,347 78
Deferred compensation and other liabilities 94,511 79,665
Total noncurrent liabilities 169,853 151,437
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:    
Capital in excess of par value 709,880 706,930
Retained earnings 39,545 32,312
Accumulated other comprehensive loss (25,013) (19,815)
Treasury stock (at cost) - 96 shares and 93 shares, respectively (1,992) (1,992)
Total Tootsie Roll Industries, Inc. shareholders' equity 769,042 763,327
Noncontrolling interests (245) (227)
Total equity 768,797 763,100
Total liabilities and shareholders' equity 1,018,618 984,558
Common Stock    
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:    
Common stock, value 27,322 27,134
Class B Common Stock    
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:    
Common stock, value $ 19,300 $ 18,758