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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 138,841 $ 75,915
Restricted cash 352 375
Investments 55,789 95,507
Accounts receivable trade, less allowances of $2,184 and $2,245 43,811 55,568
Other receivables 6,832 9,165
Inventories:    
Finished goods and work-in-process 43,603 51,240
Raw materials and supplies 34,022 43,681
Prepaid expenses 10,355 9,200
Total current assets 333,605 340,651
PROPERTY, PLANT AND EQUIPMENT, at cost:    
Land 21,710 21,862
Buildings 148,778 144,949
Machinery and equipment 499,210 485,265
Construction in progress 6,820 11,277
Operating lease right-of-use assets 6,043 7,145
Property, plant and equipment, gross 682,561 670,498
Less - accumulated depreciation 462,758 447,520
Net property, plant and equipment 219,803 222,978
OTHER ASSETS:    
Goodwill 73,237 73,237
Trademarks 175,024 175,024
Investments 332,338 255,606
Prepaid expenses and other assets 11,633 15,189
Deferred income taxes 1,541 1,706
Total other assets 593,773 520,762
Total assets 1,147,181 1,084,391
CURRENT LIABILITIES:    
Accounts payable 13,397 15,816
Bank loans 924 1,088
Dividends payable 6,403 6,250
Accrued liabilities 63,607 61,690
Postretirement health care benefits 595 665
Operating lease liabilities 1,374 1,289
Income taxes payable 636 8,090
Deferred compensation 350  
Total current liabilities 87,286 94,888
NONCURRENT LIABILITIES:    
Deferred income taxes 54,537 45,477
Postretirement health care benefits 8,701 9,653
Industrial development bond 7,500 7,500
Liability for uncertain tax positions 2,564 2,777
Operating lease liabilities 4,992 6,018
Deferred compensation and other liabilities 111,192 94,971
Total noncurrent liabilities 189,486 166,396
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:    
Capital in excess of par value 788,894 737,453
Retained earnings 57,902 62,949
Accumulated other comprehensive loss (23,418) (23,213)
Treasury stock (at cost) - 105 shares and 102 shares, respectively (1,992) (1,992)
Total Tootsie Roll Industries, Inc. shareholders' equity 870,743 823,422
Noncontrolling interests (334) (315)
Total equity 870,409 823,107
Total liabilities and shareholders' equity 1,147,181 1,084,391
Common Stock    
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:    
Common stock, value 28,325 27,777
Class B Common Stock    
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:    
Common stock, value $ 21,032 $ 20,448