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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 79,387 $ 145,290
Accounts receivable, less allowances (2018 - $5,490; 2017 - $5,143) 372,531 348,943
Inventories 258,374 241,962
Prepaid expenses and other current assets 53,281 32,526
Total current assets 763,573 768,721
Deferred income taxes 11,336 12,161
Property, plant and equipment 837,630 835,341
Less accumulated depreciation (478,762) (476,043)
Property, plant and equipment, net 358,868 359,298
Goodwill 688,227 690,223
Other intangible assets, net 489,977 507,042
Other assets 32,462 28,271
Total assets 2,344,443 2,365,716
Current liabilities    
Notes and overdrafts payable 63 5,669
Accounts payable 130,756 127,521
Accrued liabilities 203,481 181,241
Long-term debt - current 2,496 1,330
Total current liabilities 336,796 315,761
Long-term debt 560,645 525,597
Accrued retirement benefits 82,901 89,000
Deferred income taxes 64,746 73,505
Long-term tax liability 72,305 79,770
Other liabilities 20,145 21,762
Commitments and contingencies (Note 15)
Stockholders' equity    
Common stock - par value $0.01 per share Authorized: 150,000,000 shares Issued: at par value (2018 - 63,293,460 shares; 2017 - 63,034,240 shares) 633 630
Additional paid-in capital 466,610 457,365
Treasury stock, at cost (2018 - 12,029,624 shares; 2017 - 9,656,369 shares) (441,422) (297,998)
Retained earnings 1,333,216 1,206,723
Accumulated other non-owner changes to equity (152,132) (106,399)
Total stockholders' equity 1,206,905 1,260,321
Total liabilities and stockholders' equity $ 2,344,443 $ 2,365,716