Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 66,447	$ 83,926
Accounts receivable, less allowances (2016 – $3,992; 2015 – $4,085)	287,123	261,757
Inventories	227,759	208,611
Deferred income taxes	0	24,825
Prepaid expenses and other current assets	27,163	32,469
Total current assets	608,492	611,588
Deferred income taxes	25,433	1,139
Property, plant and equipment, net	334,489	308,856
Goodwill	633,436	587,992
Other intangible assets, net	522,258	528,322
Other assets	13,431	23,969
Total assets	2,137,539	2,061,866
Current liabilities
Notes and overdrafts payable	30,825	22,680
Accounts payable	112,024	97,035
Accrued liabilities	156,967	131,320
Long-term debt – current	2,067	1,515
Total current liabilities	301,883	252,550
Long-term debt	468,062	485,711
Accrued retirement benefits	109,350	112,888
Deferred income taxes	66,446	62,364
Other liabilities	23,440	20,600
Commitments and contingencies (Note 20)
Stockholders’ equity
Common stock – par value $0.01 per share Authorized: 150,000,000 shares, Issued: at par value (2016 – 62,692,403 shares; 2015 – 62,071,144 shares)	627	621
Additional paid-in capital	443,235	427,558
Treasury stock, at cost (2016 – 8,889,947 shares; 2015 – 8,206,683 shares)	(251,827)	(226,421)
Retained earnings	1,177,151	1,069,247
Accumulated other non-owner changes to equity	(200,828)	(143,252)
Total stockholders’ equity	1,168,358	1,127,753
Total liabilities and stockholders’ equity	$ 2,137,539	$ 2,061,866