CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 326,701	$ 379,179
Accounts receivable (less allowance for doubtful accounts of $15,943 in 2017; $7,768 in 2016)	395,279	273,993
Inventories
Raw materials	97,577	76,811
Work-in-process	50,695	40,556
Finished goods	200,395	138,039
Inventories	348,667	255,406
Marketable Securities	179,125	38,922
Other current assets	123,836	96,213
Total Current Assets	1,373,608	1,043,713
Property, Plant and Equipment
Property, Plant and Equipment, Net	477,031	372,377
Other Assets
Intangibles, net	127,452	130,088
Goodwill	234,582	231,919
Deferred income taxes	15,937	8,424
Other non-current assets	177,937	156,916
TOTAL ASSETS	2,406,547	1,943,437
Current Liabilities
Amounts due banks	2,020	1,758
Trade accounts payable	269,763	176,757
Accrued employee compensation and benefits	91,902	67,431
Dividends payable	25,608	22,986
Customer Advances	19,683	21,238
Other current liabilities	119,655	97,806
Current portion of long-term debt	111	131
Total Current Liabilities	528,742	388,107
Long-Term Liabilities
Long-term debt, less current portion	704,136	703,704
Deferred income taxes	40,716	41,617
Other long-term liabilities	200,500	97,803
Liabilities	1,474,094	1,231,231
Shareholders' Equity
Preferred shares, without par value – at stated capital amount; authorized – 5,000,000 shares; issued and outstanding – none	0	0
Common shares, without par value – at stated capital amount; authorized – 240,000,000 shares; issued – 98,581,434 shares in 2017 and 2016; outstanding – 65,662,546 shares in 2017 and 65,674,754 shares in 2016	9,858	9,858
Additional paid-in capital	334,309	309,417
Retained earnings	2,388,219	2,236,071
Accumulated other comprehensive loss	(247,186)	(329,037)
Treasury shares, at cost – 32,918,888 shares in 2017 and 32,906,680 shares in 2016	(1,553,563)	(1,514,832)
Total Shareholders' Equity	931,637	711,477
Noncontrolling interests	816	729
Total Equity	932,453	712,206
TOTAL LIABILITIES AND EQUITY	$ 2,406,547	$ 1,943,437

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.