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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
CURRENT ASSETS:      
Cash and cash equivalents $ 120,521 $ 138,841 $ 45,623
Restricted cash 400 352 364
Investments 50,010 55,789 85,548
Accounts receivable trade, less allowances of $2,593, $2,184 and $2,494 48,698 43,811 45,565
Other receivables 6,845 6,832 7,049
Inventories:      
Finished goods and work-in-process 81,838 43,603 84,410
Raw materials and supplies 45,704 34,022 44,889
Prepaid expenses 10,750 10,355 10,429
Total current assets 364,766 333,605 323,877
PROPERTY, PLANT AND EQUIPMENT, at cost:      
Land 21,783 21,710 21,669
Buildings 148,991 148,778 144,802
Machinery and equipment 500,922 499,210 484,409
Construction in progress 17,942 6,820 18,803
Operating lease right-of-use assets 5,554 6,043 6,607
Property, plant and equipment, gross 695,192 682,561 676,290
Less - accumulated depreciation 472,314 462,758 455,555
Net property, plant and equipment 222,878 219,803 220,735
OTHER ASSETS:      
Goodwill 73,237 73,237 73,237
Trademarks 175,024 175,024 175,024
Investments 333,626 332,338 292,723
Prepaid expenses and other assets 10,248 11,633 15,474
Deferred income taxes 1,677 1,541 1,531
Total other assets 593,812 593,773 557,989
Total assets 1,181,456 1,147,181 1,102,601
CURRENT LIABILITIES:      
Accounts payable 21,158 13,397 20,009
Bank loans 1,018 924 1,046
Dividends payable 6,569 6,403 6,437
Accrued liabilities 60,840 63,607 57,206
Postretirement health care benefits 595 595 665
Operating lease liabilities 1,317 1,374 1,400
Income taxes payable   636  
Deferred compensation   350  
Total current liabilities 91,497 87,286 86,763
NONCURRENT LIABILITIES:      
Deferred income taxes 56,932 54,537 45,277
Postretirement health care benefits 8,645 8,701 9,638
Industrial development bonds 7,500 7,500 7,500
Liability for uncertain tax positions 2,564 2,564 2,981
Operating lease liabilities 4,584 4,992 5,499
Deferred compensation and other liabilities 116,972 111,192 103,849
Total noncurrent liabilities 197,197 189,486 174,744
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Capital in excess of par value 847,308 788,894 802,253
Retained earnings 14,140 57,902 15,359
Accumulated other comprehensive loss (17,014) (23,418) (23,874)
Treasury stock (at cost) - 108, 105 and 105 shares, respectively (1,992) (1,992) (1,992)
Total Tootsie Roll Industries, Inc. shareholders' equity 893,127 870,743 841,414
Noncontrolling interests (365) (334) (320)
Total equity 892,762 870,409 841,094
Total liabilities and shareholders' equity 1,181,456 1,147,181 1,102,601
Common stock      
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Common stock, value 29,033 28,325 28,620
Class B common stock      
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:      
Common stock, value $ 21,652 $ 21,032 $ 21,048