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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 91,134 $ 79,145
Accounts receivable, less allowances (2021 - $6,208; 2020 - $6,348) 260,203 251,460
Inventories 235,537 238,008
Prepaid expenses and other current assets 77,795 73,732
Total current assets 664,669 642,345
Deferred income taxes 21,899 22,092
Property, plant and equipment 912,206 910,378
Less accumulated depreciation (554,803) (539,431)
Property, plant and equipment, net 357,403 370,947
Goodwill 986,061 1,011,580
Other intangible assets, net 534,836 564,132
Other assets 62,003 65,130
Total assets 2,626,871 2,676,226
Current liabilities    
Notes and overdrafts payable 14 2,115
Accounts payable 124,458 112,428
Accrued liabilities 180,978 178,560
Long-term debt - current 1,983 2,276
Total current liabilities 307,433 295,379
Long-term debt 654,483 699,868
Accrued retirement benefits 93,633 98,171
Deferred income taxes 76,507 91,668
Long-term tax liability 52,114 59,063
Other liabilities 52,308 49,400
Commitments and contingencies
Stockholders' equity    
Common stock - par value $0.01 per share Authorized: 150,000,000 shares Issued: at par value (2021 - 64,199,988 shares; 2020 - 64,171,321 shares) 642 642
Additional paid-in capital 507,354 501,531
Treasury stock, at cost (2021 - 13,633,675 shares; 2020 - 13,530,074 shares) (522,412) (516,992)
Retained earnings 1,547,435 1,519,811
Accumulated other non-owner changes to equity (142,626) (122,315)
Total stockholders' equity 1,390,393 1,382,677
Total liabilities and stockholders' equity $ 2,626,871 $ 2,676,226