XML 13 R3.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Interim Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 70,810 $ 69,807
Trade accounts receivable, less allowances 634,710 663,893
Inventories 366,395 385,865
Other current assets and prepaid expenses 106,392 110,638
Total current assets 1,178,307 1,230,203
Property, plant and equipment, net 768,664 803,374
Goodwill 665,359 670,108
Other intangible assets, net 268,154 285,429
Deferred tax assets, net 30,554 31,199
Other non-current assets 338,126 335,242
Total assets 3,249,164 3,355,555
Current liabilities:    
Trade accounts payable 199,462 210,411
Accrued and other liabilities 180,881 196,138
Accrued compensation and related items 157,416 160,308
Deferred Revenue 214,205 202,022
Taxes payable 217,972 219,984
Short-term borrowings and current maturities of long-term debt 311,246 192,219
Total current liabilities 1,281,182 1,181,082
Long-term debt 1,746,638 1,888,620
Deferred tax liabilities, net 101,741 108,679
Other non-current liabilities 272,365 327,112
Total liabilities 3,401,926 3,505,493
Commitments and contingencies (Note 15)  
Shareholders' equity:    
Preferred stock, $0.01 par value per share; authorized 10,000,000 shares 0 0
Common stock, $0.01 par value per share; authorized 125,000,000 shares; issued 44,786,011 and 44,786,011 shares; outstanding 23,794,563 and 24,125,317 shares at September 30, 2020 and December 31, 2019, respectively 448 448
Additional paid-in capital 881,814 871,110
Treasury stock at cost (20,991,448 shares at September 30, 2020 and 20,660,694 shares at December 31, 2019) (8,634,576) (8,212,437)
Retained earnings 7,909,919 7,510,756
Accumulated other comprehensive loss (310,367) (319,815)
Total shareholders' equity (152,762) (149,938)
Total liabilities and shareholders' equity $ 3,249,164 $ 3,355,555