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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 80,675 $ 89,827
Accounts receivable, less allowances (2024 - $6,732; 2023 - $7,258) 327,063 353,923
Inventories 353,230 365,221
Prepaid expenses and other current assets 105,763 97,749
Total current assets 866,731 906,720
Deferred income taxes 8,289 10,295
Property, plant and equipment 858,051 1,031,495
Less accumulated depreciation (506,316) (628,798)
Property, plant and equipment, net 351,735 402,697
Goodwill 1,081,960 1,183,624
Other intangible assets, net 655,927 706,471
Other assets 110,390 98,207
Total assets 3,075,032 3,308,014
Current liabilities    
Notes and overdrafts payable 506 16
Accounts payable 142,571 164,264
Accrued liabilities 226,637 221,462
Long-term debt - current 9,765 10,868
Total current liabilities 379,479 396,610
Long-term debt 1,135,162 1,279,962
Accrued retirement benefits 36,540 45,992
Deferred income taxes 117,010 120,608
Long-term tax liability 7,400 21,714
Other liabilities 94,955 80,865
Commitments and contingencies (Note 17)
Stockholders' equity    
Common stock - par value $0.01 per share Authorized: 150,000,000 shares Issued: at par value (2024 - 64,788,605 shares; 2023 - 64,600,635 shares) 648 646
Additional paid-in capital 548,462 537,948
Treasury stock, at cost (2024 - 13,950,200 shares; 2023 - 13,914,076 shares) (533,806) (532,415)
Retained earnings 1,479,586 1,551,213
Accumulated other non-owner changes to equity (190,404) (195,129)
Total stockholders' equity 1,304,486 1,362,263
Total liabilities and stockholders' equity $ 3,075,032 $ 3,308,014