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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 257,279 $ 199,563
Accounts receivable (less allowance for doubtful accounts of $14,779 in 2020; $16,002 in 2019) 373,487 374,649
Inventories (Note 9) 381,258 393,748
Other current assets 100,319 107,621
Total Current Assets 1,112,343 1,075,581
Property, plant and equipment, net (Note 1) 522,092 529,344
Intangibles, net (Note 5) 134,451 177,798
Goodwill 335,593 337,107
Deferred income taxes (Note 14) 16,959 14,275
Other assets 193,015 237,108
TOTAL ASSETS 2,314,453 2,371,213
Current Liabilities    
Amounts due banks (Note 9) 2,623 34,857
Trade accounts payable 256,530 273,002
Accrued employee compensation and benefits 98,437 83,033
Dividends payable 30,417 29,690
Other current liabilities 161,331 142,441
Current portion of long-term debt (Note 9) 111 112
Total Current Liabilities 549,449 563,135
Long-Term Liabilities    
Long-term debt, less current portion (Note 12) 715,456 712,302
Deferred income taxes (Note 14) 46,742 64,286
Other liabilities 212,556 212,413
Liabilities 1,524,203 1,552,136
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 2020 and 2019; outstanding - 59,640,895 shares in 2020 and 60,592,096 shares in 2019 9,858 9,858
Additional paid-in capital 409,958 389,446
Retained earnings 2,821,359 2,736,481
Accumulated other comprehensive loss (302,190) (275,850)
Treasury shares, at cost - 38,940,539 shares in 2020 and 37,989,338 shares in 2019 (2,149,714) (2,041,763)
Total Shareholders' Equity 789,271 818,172
Noncontrolling interests 979 905
Total Equity 790,250 819,077
TOTAL LIABILITIES AND TOTAL EQUITY $ 2,314,453 $ 2,371,213