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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 84,900 $ 79,145
Accounts receivable, less allowances (2021 - $6,394; 2020 - $6,348) 252,548 251,460
Inventories 233,465 238,008
Prepaid expenses and other current assets 77,490 73,732
Total current assets 648,403 642,345
Deferred income taxes 21,653 22,092
Property, plant and equipment 896,096 910,378
Less accumulated depreciation (539,824) (539,431)
Property, plant and equipment, net 356,272 370,947
Goodwill 971,851 1,011,580
Other intangible assets, net 541,148 564,132
Other assets 60,937 65,130
Total assets 2,600,264 2,676,226
Current liabilities    
Notes and overdrafts payable 7,507 2,115
Accounts payable 118,756 112,428
Accrued liabilities 169,277 178,560
Long-term debt - current 2,051 2,276
Total current liabilities 297,591 295,379
Long-term debt 664,015 699,868
Accrued retirement benefits 94,066 98,171
Deferred income taxes 88,117 91,668
Long-term tax liability 59,063 59,063
Other liabilities 46,045 49,400
Commitments and contingencies (Note 16)
Stockholders' equity    
Common stock - par value $0.01 per share Authorized: 150,000,000 shares Issued: at par value (2021 - 64,183,161 shares; 2020 - 64,171,321 shares) 642 642
Additional paid-in capital 503,937 501,531
Treasury stock, at cost (2021 - 13,531,343 shares; 2020 - 13,530,074 shares) (517,060) (516,992)
Retained earnings 1,531,065 1,519,811
Accumulated other non-owner changes to equity (167,217) (122,315)
Total stockholders' equity 1,351,367 1,382,677
Total liabilities and stockholders' equity $ 2,600,264 $ 2,676,226