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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 80,468 $ 100,719
Accounts receivable, less allowances (2019 - $4,510; 2018 - $5,010) 370,052 382,253
Inventories 254,478 265,990
Prepaid expenses and other current assets 67,408 57,184
Total current assets 772,406 806,146
Deferred income taxes 16,302 20,474
Property, plant and equipment 864,950 853,497
Less accumulated depreciation (501,365) (482,966)
Property, plant and equipment, net 363,585 370,531
Goodwill 922,608 955,524
Other intangible assets, net 583,328 636,538
Other assets 49,685 19,757
Total assets 2,707,914 2,808,970
Current liabilities    
Notes and overdrafts payable 18,520 2,137
Accounts payable 122,066 143,419
Accrued liabilities 204,694 206,782
Long-term debt - current 1,724 5,522
Total current liabilities 347,004 357,860
Long-term debt 856,082 936,357
Accrued retirement benefits 81,897 104,302
Deferred income taxes 94,929 106,559
Long-term tax liability 66,012 72,961
Other liabilities 51,292 27,875
Commitments and contingencies (Note 17)
Stockholders' equity    
Common stock - par value $0.01 per share Authorized: 150,000,000 shares Issued: at par value (2019 - 63,756,811 shares; 2018 - 63,367,133 shares) 638 634
Additional paid-in capital 482,855 470,818
Treasury stock, at cost (2019 - 13,048,629 shares; 2018 - 12,033,580 shares) (497,928) (441,668)
Retained earnings 1,456,458 1,363,772
Accumulated other non-owner changes to equity (231,325) (190,500)
Total stockholders' equity 1,210,698 1,203,056
Total liabilities and stockholders' equity $ 2,707,914 $ 2,808,970