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Consolidated Balance Sheets - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 104,701 $ 145,290
Accounts receivable, less allowances (2018 - $5,589; 2017 - $5,143) 394,910 348,943
Inventories 250,217 241,962
Prepaid expenses and other current assets 54,544  
Prepaid expenses and other current assets (6,028)  
Total current assets 804,372 768,721
Deferred income taxes 9,848 12,161
Property, plant and equipment 841,400 835,341
Less accumulated depreciation (477,413) (476,043)
Property, plant and equipment, net 363,987 359,298
Goodwill 705,294 690,223
Other intangible assets, net 501,809 507,042
Other assets 30,886 28,271
Total assets 2,416,196 2,365,716
Current liabilities    
Notes and overdrafts payable 14,896 5,669
Accounts payable 132,076 127,521
Accrued liabilities 204,820 181,241
Long-term debt - current 3,008 1,330
Total current liabilities 354,800 315,761
Long-term debt 503,180 525,597
Accrued retirement benefits 87,760 89,000
Deferred income taxes 75,192 73,505
Long-term tax liability 79,770 79,770
Other liabilities 19,908 21,762
Commitments and contingencies (Note 14)
Stockholders' equity    
Common stock - par value $0.01 per share Authorized: 150,000,000 shares Issued: at par value (2018 - 63,054,123 shares; 2017 - 63,034,240 shares) 631 630
Additional paid-in capital 460,239 457,365
Treasury stock, at cost (2018 - 10,190,418 shares; 2017 - 9,656,369 shares) (331,607) (297,998)
Retained earnings 1,261,540 1,206,723
Accumulated other non-owner changes to equity (95,217) (106,399)
Total stockholders' equity 1,295,586 1,260,321
Total liabilities and stockholders' equity $ 2,416,196 $ 2,365,716