XML 23 R6.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 76,858 $ 102,860
Accounts receivable, less allowances (2022 – $5,222; 2021 – $5,625) 291,883 262,257
Inventories 283,402 239,655
Prepaid expenses and other current assets 80,161 75,437
Total current assets 732,304 680,209
Deferred income taxes 18,028 21,976
Property, plant and equipment, net 320,139 341,462
Goodwill 835,472 955,370
Other intangible assets, net 442,492 500,246
Other assets 65,295 77,557
Total assets 2,413,730 2,576,820
Current liabilities    
Notes and overdrafts payable 8 1,900
Accounts payable 145,060 131,076
Accrued liabilities 158,568 175,583
Long-term debt – current 1,437 1,835
Total current liabilities 305,073 310,394
Long-term debt 569,639 599,932
Accrued retirement benefits 54,352 76,784
Deferred income taxes 62,562 66,704
Long-term tax liability 39,086 52,114
Other liabilities 36,691 42,126
Commitments and contingencies (Note 22)
Stockholders’ equity    
Common stock – par value $0.01 per share Authorized: 150,000,000 shares, Issued: at par value (2021 – 64,343,582 shares; 2020 – 64,171,321 shares) 645 643
Additional paid-in capital 529,791 516,562
Treasury stock, at cost (2022 – 13,890,802 shares; 2021 – 13,658,483 shares) (531,507) (523,642)
Retained earnings 1,567,898 1,587,041
Accumulated other non-owner changes to equity (220,500) (151,838)
Total stockholders’ equity 1,346,327 1,428,766
Total liabilities and stockholders’ equity $ 2,413,730 $ 2,576,820