Lincoln Electric Holdings, Inc(NASDAQ:LECO) 
Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers welding products, inc...
Website: http://www.lincolnelectric.com
Founded: 1895
Full Time Employees: 11,000
Sector: Industrials
Industry: Tools & Accessories
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Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2002-12-31 | 2002-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 1,078,715,000 | 1,061,227,000 | 1,088,673,000 | 1,004,388,000 | 1,022,031,000 | 983,759,000 | 1,021,683,000 | 981,197,000 | 1,058,514,000 | 1,033,214,000 | 1,060,565,000 | 1,039,343,000 | 930,934,000 | 935,240,000 | 969,589,000 | 925,448,000 | 844,251,000 | 806,454,000 | 826,454,000 | 757,021,000 | 693,794,000 | 668,888,000 | 590,727,000 | 701,991,000 | -2,263,961,728 | 730,783,000 | 777,008,000 | 759,174,000 | -2,281,818,326 | 737,099,000 | 790,052,000 | 757,696,000 | -1,874,621,569 | 669,491,000 | 626,858,000 | 580,897,000 | -1,708,511,386 | 567,646,000 | 592,418,000 | 550,722,000 | -1,965,270,209 | 645,166,000 | 664,740,000 | 657,900,000 | -2,126,556,676 | 715,777,000 | 728,531,000 | 685,062,000 | -2,135,027,329 | 691,875,000 | 727,432,000 | 718,573,000 | -2,165,865,633 | 697,552,000 | 744,045,000 | 727,122,000 | 701,624,000 | 699,293,000 | 599,179,000 | 519,338,000 | 515,584,000 | 470,958,000 | 441,802,000 | 413,283,000 | 411,751,000 | -1,950,465,869 | 632,892,000 | 699,826,000 | 620,227,000 | 580,279,000 | 564,824,000 | 586,638,000 | 549,043,000 | 505,874,000 | 495,137,000 | 502,510,000 | 468,394,000 | 420,373,000 | 412,013,000 | 405,902,000 | 362,903,000 | 350,993,000 | 344,333,000 | 331,837,000 | 306,511,000 | 269,436,000 | 256,920,000 | 264,971,000 | 248,343,000 | |
yoy | 5.55% | 7.87% | 6.56% | 2.36% | -3.45% | -4.79% | -3.67% | -5.59% | 13.70% | 10.48% | 9.38% | 12.31% | 10.27% | 15.97% | 17.32% | 22.25% | 21.69% | 20.57% | 39.90% | 7.84% | -130.65% | -8.47% | -23.97% | -7.53% | -0.78% | -0.86% | -1.65% | 0.20% | 21.72% | 10.10% | 26.03% | 30.44% | 9.72% | 17.94% | 5.81% | 5.48% | -13.06% | -12.02% | -10.88% | -16.29% | -7.58% | -9.86% | -8.76% | -3.96% | -0.40% | 3.45% | 0.15% | -4.66% | -1.42% | -0.81% | -2.23% | -1.18% | -408.69% | -0.25% | 24.18% | 40.01% | 36.08% | 48.48% | 35.62% | 25.66% | 25.22% | -124.15% | -30.19% | -40.94% | -33.61% | -436.13% | 12.05% | 19.29% | 12.97% | 14.71% | 14.07% | 16.74% | 17.22% | 20.34% | 20.18% | 23.80% | 29.07% | 19.77% | 19.66% | 22.32% | 18.40% | 30.27% | 34.02% | 25.24% | 8.49% | |||||
qoq | 1.65% | -2.52% | 8.39% | -1.73% | 3.89% | -3.71% | 4.13% | -7.30% | 2.45% | -2.58% | 2.04% | 11.65% | -0.46% | -3.54% | 4.77% | 9.62% | 4.69% | -2.42% | 9.17% | 9.11% | 3.72% | 13.23% | -15.85% | -131.01% | -409.80% | -5.95% | 2.35% | -133.27% | -409.57% | -6.70% | 4.27% | -140.42% | -380.01% | 6.80% | 7.91% | -134.00% | -400.98% | -4.18% | 7.57% | -128.02% | -404.61% | -2.94% | 1.04% | -130.94% | -397.10% | -1.75% | 6.35% | -132.09% | -408.59% | -4.89% | 1.23% | -133.18% | -410.50% | -6.25% | 2.33% | 3.63% | 0.33% | 16.71% | 15.37% | 0.73% | 9.48% | 6.60% | 6.90% | 0.37% | -121.11% | -408.18% | -9.56% | 12.83% | 6.88% | 2.74% | -3.72% | 6.85% | 8.53% | 2.17% | -1.47% | 7.28% | 11.42% | 2.03% | 1.51% | 11.85% | 3.39% | 1.93% | 3.77% | 8.26% | 13.76% | 4.87% | -3.04% | |||
cost of goods sold | 704,769,000 | 671,916,000 | 683,126,000 | 638,940,000 | 653,409,000 | 631,681,000 | 637,870,000 | 612,798,000 | 687,484,000 | 667,584,000 | 687,137,000 | 683,986,000 | 622,950,000 | 625,722,000 | 636,108,000 | 595,671,000 | 571,594,000 | 538,282,000 | 552,445,000 | 503,254,000 | 464,540,000 | 453,501,000 | 401,349,000 | 464,669,000 | -1,498,316,315 | 492,432,000 | 507,127,000 | 500,753,000 | -1,504,624,847 | 485,547,000 | 519,936,000 | 501,142,000 | -1,234,641,895 | 449,975,000 | 409,370,000 | 377,041,000 | -1,117,459,684 | 367,834,000 | 389,491,000 | 361,620,000 | -1,321,046,353 | 446,272,000 | 438,959,000 | 437,510,000 | -1,409,293,973 | 474,168,000 | 478,264,000 | 458,726,000 | -1,436,362,983 | 459,178,000 | 487,094,000 | 492,001,000 | -1,513,108,289 | 484,190,000 | 519,048,000 | 511,857,000 | 516,172,000 | 503,789,000 | 437,741,000 | 375,267,000 | 367,001,000 | 347,625,000 | 316,671,000 | 306,892,000 | 321,503,000 | -1,372,143,020 | 436,014,000 | 495,112,000 | 442,776,000 | 419,338,000 | 405,083,000 | 417,970,000 | 390,827,000 | 371,467,000 | 353,800,000 | 356,043,000 | 338,328,000 | 306,878,000 | 300,821,000 | 291,951,000 | 264,625,000 | 265,641,000 | 251,595,000 | 231,498,000 | 222,583,000 | 196,292,000 | 186,968,000 | 194,892,000 | 174,295,000 | |
gross profit | 373,946,000 | 389,311,000 | 405,547,000 | 365,448,000 | 368,622,000 | 352,078,000 | 383,813,000 | 368,399,000 | 371,030,000 | 365,630,000 | 373,428,000 | 355,357,000 | 307,984,000 | 309,518,000 | 333,481,000 | 329,777,000 | 272,657,000 | 268,172,000 | 274,009,000 | 253,767,000 | 229,254,000 | 215,387,000 | 189,378,000 | 237,322,000 | -765,645,413 | 238,351,000 | 269,881,000 | 258,421,000 | -777,193,479 | 251,552,000 | 270,116,000 | 256,554,000 | -639,979,674 | 219,516,000 | 217,488,000 | 203,856,000 | -591,051,702 | 199,812,000 | 202,927,000 | 189,102,000 | -644,223,856 | 198,894,000 | 225,781,000 | 220,390,000 | -717,262,703 | 241,609,000 | 250,267,000 | 226,336,000 | -698,664,346 | 232,697,000 | 240,338,000 | 226,572,000 | -652,757,344 | 213,362,000 | 224,997,000 | 215,265,000 | 185,452,000 | 195,504,000 | 161,438,000 | 144,071,000 | 148,583,000 | 123,333,000 | 125,131,000 | 106,391,000 | 90,248,000 | -578,322,849 | 196,878,000 | 204,714,000 | 177,451,000 | 160,941,000 | 159,741,000 | 168,668,000 | 158,216,000 | 134,407,000 | 141,337,000 | 146,467,000 | 130,066,000 | 113,495,000 | 111,192,000 | 113,951,000 | 98,278,000 | 85,352,000 | 92,738,000 | 100,339,000 | 83,928,000 | 73,144,000 | 69,952,000 | 70,079,000 | 74,048,000 | |
yoy | 1.44% | 10.58% | 5.66% | -0.80% | -0.65% | -3.71% | 2.78% | 3.67% | 20.47% | 18.13% | 11.98% | 7.76% | 12.96% | 15.42% | 21.70% | 29.95% | 18.93% | 24.51% | 44.69% | 6.93% | -129.94% | -9.63% | -29.83% | -8.16% | -1.49% | -5.25% | -0.09% | 0.73% | 21.44% | 14.59% | 24.20% | 25.85% | 8.28% | 9.86% | 7.18% | 7.80% | -8.25% | 0.46% | -10.12% | -14.20% | -10.18% | -17.68% | -9.78% | -2.63% | 2.66% | 3.83% | 4.13% | -0.10% | 7.03% | 9.06% | 6.82% | 5.25% | -451.98% | 9.13% | 39.37% | 49.42% | 24.81% | 58.52% | 29.02% | 35.42% | 64.64% | -121.33% | -36.44% | -48.03% | -49.14% | -459.34% | 23.25% | 21.37% | 12.16% | 19.74% | 13.02% | 15.16% | 21.64% | 18.43% | 27.11% | 28.54% | 32.34% | 32.97% | 19.90% | 13.57% | 17.10% | 16.69% | 32.57% | 43.18% | -1.22% | |||||
qoq | -3.95% | -4.00% | 10.97% | -0.86% | 4.70% | -8.27% | 4.18% | -0.71% | 1.48% | -2.09% | 5.09% | 15.38% | -0.50% | -7.19% | 1.12% | 20.95% | 1.67% | -2.13% | 7.98% | 10.69% | 6.44% | 13.73% | -20.20% | -131.00% | -421.23% | -11.68% | 4.43% | -133.25% | -408.96% | -6.87% | 5.29% | -140.09% | -391.54% | 0.93% | 6.69% | -134.49% | -395.80% | -1.54% | 7.31% | -129.35% | -423.90% | -11.91% | 2.45% | -130.73% | -396.87% | -3.46% | 10.57% | -132.40% | -400.25% | -3.18% | 6.08% | -134.71% | -405.94% | -5.17% | 4.52% | 16.08% | -5.14% | 21.10% | 12.05% | -3.04% | 20.47% | -1.44% | 17.61% | 17.89% | -115.61% | -393.75% | -3.83% | 15.36% | 10.26% | 0.75% | -5.29% | 6.61% | 17.71% | -4.90% | -3.50% | 12.61% | 14.60% | 2.07% | -2.42% | 15.95% | 15.14% | -7.96% | -7.58% | 19.55% | 14.74% | 4.56% | -0.18% | |||
gross margin % | 34.67% | 36.68% | 37.25% | 36.39% | 36.07% | 35.79% | 37.57% | 37.55% | 35.05% | 35.39% | 35.21% | 34.19% | 33.08% | 33.10% | 34.39% | 35.63% | 32.30% | 33.25% | 33.15% | 33.52% | 33.04% | 32.20% | 32.06% | 33.81% | 33.82% | 32.62% | 34.73% | 34.04% | 34.06% | 34.13% | 34.19% | 33.86% | 34.14% | 32.79% | 34.69% | 35.09% | 34.59% | 35.20% | 34.25% | 34.34% | 32.78% | 30.83% | 33.97% | 33.50% | 33.73% | 33.75% | 34.35% | 33.04% | 32.72% | 33.63% | 33.04% | 31.53% | 30.14% | 30.59% | 30.24% | 29.61% | 26.43% | 27.96% | 26.94% | 27.74% | 28.82% | 26.19% | 28.32% | 25.74% | 21.92% | 29.65% | 31.11% | 29.25% | 28.61% | 27.74% | 28.28% | 28.75% | 28.82% | 26.57% | 28.55% | 29.15% | 27.77% | 27.00% | 26.99% | 28.07% | 27.08% | 24.32% | 26.93% | 30.24% | 27.38% | 27.15% | 27.23% | 26.45% | NaN% | 29.82% |
selling, general & administrative expenses | 183,645,000 | 206,823,000 | 210,861,000 | 196,665,000 | 187,067,000 | 186,291,000 | 208,485,000 | 198,747,000 | 188,931,000 | 187,115,000 | 192,748,000 | 190,116,000 | 164,113,000 | 159,045,000 | 166,792,000 | 166,686,000 | 150,758,000 | 149,118,000 | 151,557,000 | 145,676,000 | 136,362,000 | 131,337,000 | 126,376,000 | 149,727,000 | -471,486,511 | 148,312,000 | 163,388,000 | 160,408,000 | -472,632,303 | 148,129,000 | 163,940,000 | 161,191,000 | -384,426,475 | 132,748,000 | 129,846,000 | 122,370,000 | -351,823,324 | 117,983,000 | 120,497,000 | 113,810,000 | -385,448,252 | 128,299,000 | 127,755,000 | 129,891,000 | -418,949,503 | 136,424,000 | 137,156,000 | 145,915,000 | -402,795,794 | 131,217,000 | 135,215,000 | 136,891,000 | -372,435,779 | 121,602,000 | 127,714,000 | 123,615,000 | 110,629,000 | 115,546,000 | 101,619,000 | 95,612,000 | 101,065,000 | 87,813,000 | 84,778,000 | 80,121,000 | 77,516,000 | -318,770,624 | 107,097,000 | 113,118,000 | 98,961,000 | 95,145,000 | 92,140,000 | 93,317,000 | 89,520,000 | 74,703,000 | 81,019,000 | 83,436,000 | 76,671,000 | 75,018,000 | 71,471,000 | 71,919,000 | 66,902,000 | 65,751,000 | 61,390,000 | 68,957,000 | 60,518,000 | 56,347,000 | 51,917,000 | 51,931,000 | 49,390,000 | |
rationalization and asset impairment net charges | 5,961,000 | 5,831,000 | 2,542,000 | 3,865,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 184,340,000 | 176,657,000 | 192,144,000 | 164,918,000 | 177,017,000 | 145,560,000 | 148,838,000 | 165,047,000 | 204,031,000 | 171,441,000 | 178,013,000 | 164,364,000 | 141,488,000 | 142,109,000 | 167,533,000 | 161,206,000 | 120,349,000 | 115,570,000 | 121,822,000 | 103,928,000 | 83,440,000 | 77,793,000 | 39,764,000 | 81,074,000 | -287,837,090 | 88,544,000 | 105,186,000 | 94,478,000 | -280,233,461 | 100,787,000 | 94,634,000 | 85,188,000 | -301,820,289 | 133,070,000 | 87,642,000 | 81,486,000 | -204,914,726 | 81,829,000 | 48,082,000 | 75,292,000 | -103,083,300 | -84,021,000 | 96,787,000 | 90,499,000 | -268,456,253 | 76,117,000 | 112,275,000 | 80,438,000 | -287,673,015 | 95,178,000 | 104,272,000 | 88,630,000 | -276,013,919 | 88,701,000 | 96,025,000 | 91,650,000 | 74,823,000 | 80,033,000 | 59,462,000 | 48,190,000 | 51,147,000 | 34,719,000 | 33,209,000 | 19,393,000 | 1,033,000 | -259,571,596 | 89,781,000 | 91,596,000 | 78,490,000 | 66,380,000 | 67,601,000 | 75,351,000 | 68,300,000 | 59,232,000 | 59,653,000 | 61,739,000 | 52,346,000 | 37,966,000 | 39,721,000 | 42,032,000 | 30,126,000 | 17,161,000 | 31,348,000 | 31,382,000 | 23,410,000 | 16,797,000 | 18,035,000 | 18,148,000 | 14,190,000 | |
yoy | 4.14% | 21.36% | 29.10% | -0.08% | -13.24% | -15.10% | -16.39% | 0.42% | 44.20% | 20.64% | 6.26% | 1.96% | 17.56% | 22.96% | 37.52% | 55.11% | 44.23% | 48.56% | 206.36% | 28.19% | -128.99% | -12.14% | -62.20% | -14.19% | 2.71% | -12.15% | 11.15% | 10.91% | -7.15% | -24.26% | 7.98% | 4.54% | 47.29% | 62.62% | 82.28% | 8.23% | 98.79% | -197.39% | -50.32% | -16.80% | -61.60% | -210.38% | -13.79% | 12.51% | -6.68% | -20.03% | 7.68% | -9.24% | 4.22% | 7.30% | 8.59% | -3.30% | -468.89% | 10.83% | 61.49% | 90.18% | 46.29% | 130.52% | 79.05% | 148.49% | 4851.31% | -113.38% | -63.01% | -78.83% | -98.68% | -491.04% | 32.81% | 21.56% | 14.92% | 12.07% | 13.32% | 22.05% | 30.48% | 56.01% | 50.18% | 46.89% | 73.76% | 121.23% | 26.71% | 33.94% | 28.69% | 2.17% | 73.82% | 72.92% | 18.37% | |||||
qoq | 4.35% | -8.06% | 16.51% | -6.83% | 21.61% | -2.20% | -9.82% | -19.11% | 19.01% | -3.69% | 8.30% | 16.17% | -0.44% | -15.18% | 3.92% | 33.95% | 4.14% | -5.13% | 17.22% | 24.55% | 7.26% | 95.64% | -50.95% | -128.17% | -425.08% | -15.82% | 11.33% | -133.71% | -378.05% | 6.50% | 11.09% | -128.22% | -326.81% | 51.83% | 7.55% | -139.77% | -350.42% | 70.19% | -36.14% | -173.04% | 22.69% | -186.81% | 6.95% | -133.71% | -452.69% | -32.20% | 39.58% | -127.96% | -402.25% | -8.72% | 17.65% | -132.11% | -411.17% | -7.63% | 4.77% | 22.49% | -6.51% | 34.60% | 23.39% | -5.78% | 47.32% | 4.55% | 71.24% | 1777.35% | -100.40% | -389.12% | -1.98% | 16.70% | 18.24% | -1.81% | -10.29% | 10.32% | 15.31% | -0.71% | -3.38% | 17.94% | 37.88% | -4.42% | -5.50% | 39.52% | 75.55% | -45.26% | -0.11% | 34.05% | 39.37% | -6.86% | -0.62% | |||
operating margin % | 17.09% | 16.65% | 17.65% | 16.42% | 17.32% | 14.80% | 14.57% | 16.82% | 19.28% | 16.59% | 16.78% | 15.81% | 15.20% | 15.19% | 17.28% | 17.42% | 14.26% | 14.33% | 14.74% | 13.73% | 12.03% | 11.63% | 6.73% | 11.55% | 12.71% | 12.12% | 13.54% | 12.44% | 12.28% | 13.67% | 11.98% | 11.24% | 16.10% | 19.88% | 13.98% | 14.03% | 11.99% | 14.42% | 8.12% | 13.67% | 5.25% | -13.02% | 14.56% | 13.76% | 12.62% | 10.63% | 15.41% | 11.74% | 13.47% | 13.76% | 14.33% | 12.33% | 12.74% | 12.72% | 12.91% | 12.60% | 10.66% | 11.44% | 9.92% | 9.28% | 9.92% | 7.37% | 7.52% | 4.69% | 0.25% | 13.31% | 14.19% | 13.09% | 12.66% | 11.44% | 11.97% | 12.84% | 12.44% | 11.71% | 12.05% | 12.29% | 11.18% | 9.03% | 9.64% | 10.36% | 8.30% | 4.89% | 9.10% | 9.46% | 7.64% | 6.23% | 7.02% | 6.85% | NaN% | 5.71% |
interest expense | 13,167,000 | 13,648,000 | 12,619,000 | 12,127,000 | 11,372,000 | 11,974,000 | 10,661,000 | 8,779,000 | 8,663,000 | 10,809,000 | 11,699,000 | 13,201,000 | 8,633,000 | 8,210,000 | 6,459,000 | 6,198,000 | 5,478,000 | 5,714,000 | 5,663,000 | 5,359,000 | 5,082,000 | 5,552,000 | 5,881,000 | 5,458,000 | -17,597,585 | 6,400,000 | 5,898,000 | 5,323,000 | -13,204,435 | 3,969,000 | 4,812,000 | 4,441,000 | 18,308,780 | -5,922,000 | -6,297,000 | -6,114,000 | 11,808,921 | -3,815,000 | -4,186,000 | -3,827,000 | 12,012,176 | -5,803,000 | -4,387,000 | -1,844,000 | 3,719,566 | -1,174,000 | -986,000 | -1,570,000 | 2,304,136 | -558,000 | -799,000 | -950,000 | -1,671,000 | -1,566,000 | -1,514,000 | -2,032,000 | -1,953,000 | -2,562,000 | 8,926,845 | -3,156,000 | -2,802,000 | -2,981,000 | -3,051,000 | -2,866,000 | -2,786,000 | -2,727,000 | -2,810,000 | -2,504,000 | -2,438,000 | -2,401,000 | -1,965,000 | -2,114,000 | -2,186,000 | -1,682,000 | -1,742,000 | -1,358,000 | -1,320,000 | -1,723,000 | -1,881,000 | -2,096,000 | -2,026,000 | |||||||||
other income | 1,488,000 | 2,986,000 | 4,034,000 | 444,000 | 1,408,000 | -1,644,000 | -1,553,000 | 2,262,000 | 1,661,000 | 801,000 | 6,746,000 | 4,209,000 | 2,903,000 | 3,588,000 | -1,134,000 | 4,634,000 | -43,302,000 | -71,441,000 | 1,702,000 | -1,416,000 | 2,774,000 | 1,062,000 | -203,000 | 309,000 | -17,591,002 | 9,653,000 | 4,196,000 | 3,763,000 | -6,807,314 | -1,074,000 | 4,441,000 | 3,451,000 | -3,287,785 | 1,401,000 | 936,000 | 956,000 | -2,548,827 | 1,303,000 | 588,000 | 661,000 | -3,218,818 | 296,000 | 317,000 | 2,610,000 | -3,200,005 | 1,043,000 | 1,078,000 | 1,083,000 | -3,136,806 | 1,514,000 | 913,000 | 714,000 | -2,012,315 | 746,000 | 403,000 | 866,000 | 147,000 | 712,000 | 1,295,000 | 628,000 | 263,000 | 433,000 | 1,030,000 | 918,000 | 393,000 | -1,325,319 | 201,000 | 627,000 | 499,000 | 960,000 | 819,000 | 580,000 | 464,000 | 854,000 | 436,000 | 176,000 | 373,000 | 808,000 | 2,415,000 | 995,000 | 471,000 | 1,328,000 | 602,000 | 1,212,000 | 400,000 | 1,050,000 | 455,000 | 248,000 | ||
income before income taxes | 172,661,000 | 165,995,000 | 183,559,000 | 153,235,000 | 167,053,000 | 131,942,000 | 136,624,000 | 158,530,000 | 197,029,000 | 161,433,000 | 173,060,000 | 155,372,000 | 135,758,000 | 137,487,000 | 159,940,000 | 159,642,000 | 71,569,000 | 38,415,000 | 117,861,000 | 97,153,000 | 81,132,000 | 73,303,000 | 33,680,000 | 75,925,000 | -287,830,507 | 91,797,000 | 103,484,000 | 92,918,000 | -273,836,340 | 95,744,000 | 94,263,000 | 84,198,000 | -292,141,764 | 130,642,000 | 83,966,000 | 77,900,000 | -198,958,612 | 80,296,000 | 45,758,000 | 73,182,000 | -98,445,213 | -88,526,000 | 94,434,000 | 92,707,000 | -274,701,187 | 77,785,000 | 114,866,000 | 82,426,000 | -294,636,559 | 97,840,000 | 106,534,000 | 90,679,000 | -281,595,430 | 90,889,000 | 98,157,000 | 92,919,000 | 75,873,000 | 81,494,000 | 60,537,000 | 48,819,000 | 51,572,000 | 34,703,000 | 24,231,000 | 23,865,000 | -2,010,000 | -266,673,191 | 92,882,000 | 95,100,000 | 78,991,000 | 69,564,000 | 70,107,000 | 78,521,000 | 68,965,000 | 61,617,000 | 61,642,000 | 63,037,000 | 51,876,000 | 38,069,000 | 42,850,000 | 42,762,000 | 30,217,000 | 22,249,000 | 32,471,000 | 32,893,000 | 23,631,000 | 13,321,000 | ||||
income taxes | 36,639,000 | 43,367,000 | 40,163,000 | 34,748,000 | 26,824,000 | 31,186,000 | 34,916,000 | 35,115,000 | 40,386,000 | 32,090,000 | 35,729,000 | 33,413,000 | 26,612,000 | 28,262,000 | 32,118,000 | 33,611,000 | -2,841,000 | 6,658,000 | 21,581,000 | 23,020,000 | 16,062,000 | 14,797,000 | 6,667,000 | 20,370,000 | -58,756,590 | 19,340,000 | 18,040,000 | 21,452,000 | -73,909,333 | 25,209,000 | 25,404,000 | 23,378,000 | -69,099,239 | 24,531,000 | 22,635,000 | 22,052,000 | -54,184,985 | 20,257,000 | 14,449,000 | 19,558,000 | -19,859,625 | -28,045,000 | 23,558,000 | 24,389,000 | -96,410,067 | 32,953,000 | 37,577,000 | 26,002,000 | -91,306,246 | 33,588,000 | 34,007,000 | 23,836,000 | -86,602,646 | 26,153,000 | 31,792,000 | 28,770,000 | 20,515,000 | 24,472,000 | 13,595,000 | 16,191,000 | 17,265,000 | 10,975,000 | 11,474,000 | 8,797,000 | 1,584,000 | -74,069,477 | 23,671,000 | 24,972,000 | 25,514,000 | 20,055,000 | 20,129,000 | 23,272,000 | 20,965,000 | 9,832,000 | 17,787,000 | 20,418,000 | 15,127,000 | 8,304,000 | 4,662,000 | 10,650,000 | 7,977,000 | 3,152,000 | 9,474,000 | 9,167,000 | 5,388,000 | 3,536,000 | 3,876,000 | 3,922,000 | 2,837,000 | |
net income | 136,022,000 | 122,628,000 | 143,396,000 | 118,487,000 | 140,229,000 | 100,756,000 | 101,708,000 | 123,415,000 | 156,643,000 | 129,343,000 | 137,331,000 | 121,931,000 | 109,146,000 | 109,225,000 | 127,823,000 | 126,030,000 | 74,427,000 | 31,757,000 | 96,105,000 | 74,177,000 | 65,078,000 | 58,479,000 | 26,996,000 | 55,562,000 | -229,099,891 | 72,461,000 | 85,452,000 | 71,480,000 | -199,939,934 | 70,539,000 | 68,864,000 | 60,824,000 | -223,074,497 | 106,126,000 | 61,352,000 | 55,844,000 | -144,805,601 | 60,049,000 | 31,317,000 | 53,638,000 | -78,658,522 | -60,466,000 | 70,898,000 | 68,354,000 | -179,219,314 | 45,689,000 | 77,332,000 | 56,453,000 | -205,162,220 | 66,044,000 | 72,606,000 | 66,806,000 | -195,069,589 | 64,765,000 | 66,319,000 | 64,243,000 | 55,530,000 | 57,013,000 | 46,910,000 | 32,473,000 | 32,540,000 | 23,728,000 | 12,757,000 | 15,068,000 | -3,594,000 | -192,603,714 | 69,211,000 | 70,128,000 | 53,477,000 | 49,509,000 | 49,978,000 | 55,249,000 | 48,000,000 | 51,785,000 | 43,855,000 | 42,619,000 | 36,749,000 | 29,765,000 | 38,188,000 | 32,112,000 | 22,240,000 | 15,629,000 | 22,997,000 | 23,726,000 | 18,243,000 | 14,074,000 | 14,070,000 | 14,234,000 | -27,123,000 | |
yoy | -3.00% | 21.71% | 40.99% | -3.99% | -10.48% | -22.10% | -25.94% | 1.22% | 43.52% | 18.42% | 7.44% | -3.25% | 46.65% | 243.94% | 33.00% | 69.90% | 14.37% | -45.70% | 256.00% | 33.50% | -128.41% | -19.30% | -68.41% | -22.27% | 14.58% | 2.72% | 24.09% | 17.52% | -10.37% | -33.53% | 12.24% | 8.92% | 54.05% | 76.73% | 95.91% | 4.11% | 84.09% | -199.31% | -55.83% | -21.53% | -56.11% | -232.34% | -8.32% | 21.08% | -12.65% | -30.82% | 6.51% | -15.50% | 5.17% | 1.97% | 9.48% | 3.99% | -451.29% | 13.60% | 41.37% | 97.84% | 70.65% | 140.28% | 267.72% | 115.51% | -1005.40% | -112.32% | -81.57% | -78.51% | -106.72% | -489.03% | 38.48% | 26.93% | 11.41% | -4.40% | 13.96% | 29.63% | 30.62% | 73.98% | 14.84% | 32.72% | 65.24% | 90.45% | 66.06% | 35.35% | 21.91% | 11.05% | 63.45% | 66.69% | -151.89% | |||||
qoq | 10.92% | -14.48% | 21.02% | -15.50% | 39.18% | -0.94% | -17.59% | -21.21% | 21.11% | -5.82% | 12.63% | 11.71% | -0.07% | -14.55% | 1.42% | 69.33% | 134.36% | -66.96% | 29.56% | 13.98% | 11.28% | 116.62% | -51.41% | -124.25% | -416.17% | -15.20% | 19.55% | -135.75% | -383.45% | 2.43% | 13.22% | -127.27% | -310.20% | 72.98% | 9.86% | -138.56% | -341.15% | 91.75% | -41.61% | -168.19% | 30.09% | -185.29% | 3.72% | -138.14% | -492.26% | -40.92% | 36.98% | -127.52% | -410.64% | -9.04% | 8.68% | -134.25% | -401.20% | -2.34% | 3.23% | 15.69% | -2.60% | 21.54% | 44.46% | -0.21% | 37.14% | 86.00% | -15.34% | -519.25% | -98.13% | -378.28% | -1.31% | 31.14% | 8.01% | -0.94% | -9.54% | 15.10% | -7.31% | 18.08% | 2.90% | 15.97% | 23.46% | -22.06% | 18.92% | 44.39% | 42.30% | -32.04% | -3.07% | 30.06% | 29.62% | 0.03% | -1.15% | |||
net income margin % | 12.61% | 11.56% | 13.17% | 11.80% | 13.72% | 10.24% | 9.95% | 12.58% | 14.80% | 12.52% | 12.95% | 11.73% | 11.72% | 11.68% | 13.18% | 13.62% | 8.82% | 3.94% | 11.63% | 9.80% | 9.38% | 8.74% | 4.57% | 7.91% | 10.12% | 9.92% | 11.00% | 9.42% | 8.76% | 9.57% | 8.72% | 8.03% | 11.90% | 15.85% | 9.79% | 9.61% | 8.48% | 10.58% | 5.29% | 9.74% | 4.00% | -9.37% | 10.67% | 10.39% | 8.43% | 6.38% | 10.61% | 8.24% | 9.61% | 9.55% | 9.98% | 9.30% | 9.01% | 9.28% | 8.91% | 8.84% | 7.91% | 8.15% | 7.83% | 6.25% | 6.31% | 5.04% | 2.89% | 3.65% | -0.87% | 9.87% | 10.94% | 10.02% | 8.62% | 8.53% | 8.85% | 9.42% | 8.74% | 10.24% | 8.86% | 8.48% | 7.85% | 7.08% | 9.27% | 7.91% | 6.13% | 4.45% | 6.68% | 7.15% | 5.95% | 5.22% | 5.48% | 5.37% | NaN% | -10.92% |
basic earnings per share | 2.47 | 2.23 | 2.58 | 2.11 | 2.49 | 1.78 | 1.79 | 2.17 | 2.74 | 2.26 | 2.39 | 2.12 | 1.9 | 1.89 | 2.2 | 2.15 | 1.26 | 0.54 | 1.62 | 1.24 | 1.1 | 0.98 | 0.45 | 0.92 | 0.92 | 1.18 | 1.37 | 1.13 | 0.768 | 1.09 | 1.05 | 0.93 | 0.85 | 1.61 | 0.93 | 0.85 | 0.533 | 0.9 | 0.46 | 0.77 | 0.263 | -0.82 | 0.95 | 0.9 | 0.563 | 0.58 | 0.97 | 0.7 | 0.625 | 0.81 | 0.88 | 0.81 | 0.588 | 0.78 | 0.8 | 0.77 | 0.66 | 0.69 | 1.12 | 0.77 | 0.77 | 0.56 | 0.3 | 0.36 | -0.08 | 1.128 | 1.62 | 1.64 | 1.25 | 0.893 | 1.16 | 1.29 | 1.12 | 1.21 | 1.03 | 1 | 0.87 | 0.555 | 0.91 | 0.77 | 0.53 | 0.38 | 0.56 | 0.58 | 0.35 | 0.34 | 0.34 | -0.64 | ||
diluted earnings per share | 2.46 | 2.21 | 2.56 | 2.1 | 2.47 | 1.77 | 1.77 | 2.14 | 2.7 | 2.22 | 2.36 | 2.09 | 1.87 | 1.87 | 2.18 | 2.13 | 1.24 | 0.53 | 1.6 | 1.23 | 1.08 | 0.97 | 0.45 | 0.91 | 1.04 | 1.17 | 1.36 | 1.12 | 1.34 | 1.07 | 1.04 | 0.92 | 0.36 | 1.59 | 0.92 | 0.84 | 0.8 | 0.89 | 0.45 | 0.76 | 0.26 | -0.82 | 0.94 | 0.89 | 0.555 | 0.57 | 0.96 | 0.69 | 0.618 | 0.8 | 0.87 | 0.8 | 0.58 | 0.77 | 0.79 | 0.76 | 0.66 | 0.68 | 1.11 | 0.76 | 0.76 | 0.55 | 0.3 | 0.35 | -0.08 | 1.118 | 1.6 | 1.62 | 1.24 | 0.883 | 1.15 | 1.27 | 1.11 | 1.2 | 1.02 | 0.99 | 0.86 | 0.55 | 0.9 | 0.77 | 0.53 | 0.37 | 0.55 | 0.57 | 0.34 | 0.34 | 0.34 | -0.63 | ||
cash dividends declared per share | 0.79 | 0.75 | 0.75 | 0.75 | 0.75 | 0.71 | 0.71 | 0.71 | 0.71 | 0.64 | 0.64 | 0.64 | 0.64 | 0.56 | 0.56 | 0.56 | 0.56 | 0.51 | 0.51 | 0.51 | 0.51 | 0.49 | 0.49 | 0.49 | 0.353 | 0.47 | 0.47 | 0.47 | 0.293 | 0.39 | 0.39 | 0.39 | 0.263 | 0.35 | 0.35 | 0.35 | 0.24 | 0.32 | 0.32 | 0.32 | 0.218 | 0.29 | 0.29 | 0.29 | 0.173 | 0.23 | 0.23 | 0.23 | 0.15 | 0.2 | 0.2 | 0.2 | 0.128 | 0.17 | 0.17 | 0.17 | 0.155 | 0.155 | 0.31 | 0.28 | 0.28 | 0.28 | 0.27 | 0.27 | 0.27 | 0.188 | 0.25 | 0.25 | 0.25 | 0.165 | 0.22 | 0.22 | 0.22 | 0.22 | 0.19 | 0.19 | 0.19 | 0.135 | 0.18 | 0.18 | 0.18 | 0.128 | 0.17 | 0.17 | 0.17 | 0.12 | 0.16 | 0.16 | 0.15 | |
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization and asset impairment charges | 12,830,500 | 20,227,000 | 26,490,000 | 4,605,000 | -21,932,000 | 7,074,000 | 2,667,000 | 877,000 | 2,383,000 | 8,364,000 | -844,000 | 1,885,000 | 1,550,000 | 3,484,000 | 630,000 | 4,163,000 | 9,452,000 | 6,257,000 | 23,238,000 | 6,521,000 | -6,321,812 | 1,495,000 | 1,307,000 | 3,535,000 | -24,327,715 | 2,636,000 | 11,542,000 | 10,175,000 | -19,504,042 | 18,285,000 | 1,239,000 | -29,856,947 | 29,068,000 | 836,000 | -8,195,537 | 6,302,000 | 851,000 | 1,051,000 | -4,307,646 | 3,059,000 | 1,258,000 | 357,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income including non-controlling interests | 121,959,000 | 109,146,000 | 109,225,000 | 127,822,000 | 126,031,000 | 74,410,000 | 31,757,000 | 96,280,000 | 74,133,000 | 65,070,000 | 58,506,000 | 27,013,000 | 55,555,000 | -229,073,917 | 72,457,000 | 85,444,000 | 71,466,000 | -199,927,007 | 70,535,000 | 68,859,000 | 60,820,000 | -223,042,525 | 106,111,000 | 61,331,000 | 55,848,000 | -144,773,627 | 60,039,000 | 31,309,000 | 53,624,000 | -78,585,588 | -60,481,000 | 70,876,000 | 68,318,000 | -178,291,120 | 44,832,000 | 77,289,000 | 56,424,000 | -203,330,313 | 64,252,000 | 72,527,000 | 66,843,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests in subsidiaries’ income | 28,000 | -1,000 | 1,000 | -17,000 | 175,000 | -44,000 | -8,000 | 27,000 | 17,000 | 4,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests in subsidiaries’ earnings | -7,000 | -6,500 | -4,000 | -8,000 | -14,000 | -3,250 | -4,000 | -5,000 | -4,000 | -29,000 | -79,000 | 37,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bargain purchase gain | 51,535,350 | -51,585,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension settlement charges | -5,274,850 | 5,283,000 | -136,188,262 | 136,331,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on deconsolidation of venezuelan subsidiary | -34,313,652 | 34,348,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | -3,344,212 | 1,327,000 | 1,245,000 | 777,000 | -1,222,908 | 360,000 | 435,000 | 430,000 | -2,020,286 | 692,000 | 738,000 | 593,000 | -2,461,907 | 627,000 | 924,000 | 914,000 | -2,448,680 | 536,000 | 890,000 | 1,026,000 | -2,644,012 | 916,000 | 849,000 | 883,000 | 1,167,000 | 661,000 | 608,000 | 602,000 | 544,000 | 635,000 | 716,000 | 952,000 | 1,112,000 | -6,607,155 | 2,317,000 | 1,865,000 | 2,434,000 | 2,855,000 | 2,290,000 | 1,699,000 | 1,450,000 | 1,675,000 | 1,607,000 | 1,400,000 | 1,194,000 | 1,187,000 | 1,153,000 | 891,000 | 768,000 | 1,081,000 | 749,000 | 616,000 | 625,000 | 1,216,000 | 609,000 | 773,000 | ||||||||||||||||||||||||||||||||||
equity earnings in affiliates | -1,998,258 | 766,000 | 440,000 | 795,000 | -2,081,072 | 619,000 | 839,000 | 626,000 | -2,134,985 | 310,000 | 979,000 | 849,000 | -4,302,588 | 1,172,000 | 1,575,000 | 1,561,000 | -3,682,194 | 1,170,000 | 1,258,000 | 1,259,000 | -4,258,993 | 1,566,000 | 2,006,000 | 692,000 | 1,488,000 | 1,715,000 | 830,000 | 1,070,000 | 1,184,000 | 430,000 | -8,692,000 | 4,555,000 | -1,986,000 | -8,095,966 | 3,739,000 | 3,814,000 | 549,000 | 2,420,000 | 2,263,000 | 3,677,000 | 1,478,000 | 2,666,000 | 2,450,000 | 2,160,000 | 364,000 | 73,000 | 1,675,000 | 1,030,000 | 534,000 | 953,000 | 1,130,000 | 1,003,000 | 919,000 | 428,000 | 943,000 | 1,013,000 | ||||||||||||||||||||||||||||||||||
total other income | -2,422,500 | -2,428,000 | -3,676,000 | -3,586,000 | -1,491,750 | -1,533,000 | -2,324,000 | -2,110,000 | -1,162,500 | -4,505,000 | -2,353,000 | 2,208,000 | 1,561,750 | 1,668,000 | 2,591,000 | 1,988,000 | 1,743,250 | 2,662,000 | 2,262,000 | 2,049,000 | 1,397,250 | 2,188,000 | 2,132,000 | 1,269,000 | 1,050,000 | 1,461,000 | 1,075,000 | 629,000 | 425,000 | -16,000 | -8,978,000 | 4,472,000 | -3,043,000 | 1,776,500 | 3,101,000 | 3,504,000 | 501,000 | 1,585,250 | 2,506,000 | 3,170,000 | 665,000 | 2,385,000 | 1,989,000 | 1,298,000 | -470,000 | 987,750 | 3,129,000 | 730,000 | 91,000 | 1,620,000 | 1,123,000 | 1,511,000 | 221,000 | 813,000 | -89,000 | 8,000 | ||||||||||||||||||||||||||||||||||
non-controlling interests in subsidiaries’ loss | -8,000 | -15,000 | -21,000 | -8,000 | -10,000 | -8,000 | -14,000 | -18,250 | -15,000 | -22,000 | -36,000 | -232,250 | -857,000 | -43,000 | -458,500 | -1,792,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization and asset impairment (gains) charges | -17,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income including noncontrolling interests | 48,812,500 | 64,736,000 | 66,365,000 | 64,149,000 | 55,358,000 | 57,022,000 | 46,942,000 | 32,628,000 | 34,307,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests in subsidiaries’ loss | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests in subsidiaries’ earnings | 46,000 | 9,000 | 32,000 | 155,000 | 1,767,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic weighted-average shares outstanding | 83,613,000 | 83,037,000 | 41,895,000 | 42,134,000 | 42,306,000 | 42,404,000 | 42,396,000 | 42,389,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of dilutive securities - stock options and awards | 936,000 | 1,068,000 | 544,000 | 401,000 | 402,000 | 360,000 | 246,000 | 203,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted weighted-average shares outstanding | 84,549,000 | 84,105,000 | 42,439,000 | 42,535,000 | 42,708,000 | 42,764,000 | 42,642,000 | 42,592,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization charges | 269,000 | 801,000 | 7,144,000 | 6,877,000 | 11,699,000 | 99,000 | 396,000 | 472,000 | 665,000 | 1,292,000 | 1,049,000 | 511,000 | 1,250,000 | 10,468,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization (gains) charges | -3,629,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per share amounts: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to these consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share | 0.45 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and the cumulative effect of a change in accounting principle | 17,610,000 | 17,946,000 | 18,156,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before the cumulative effect of a change in accounting principle | 14,074,000 | 14,070,000 | 14,234,000 | 10,484,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of a change in accounting principle, net of tax | -0.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share before the cumulative effect of a change in accounting principle | 0.243 | 0.34 | 0.34 | 0.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income / | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income / | -869,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of a change in accounting principle | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
of tax | -37,607,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2005-09-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2002-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 308,789,000 | 292,997,000 | 299,481,000 | 394,705,000 | 377,262,000 | 404,218,000 | 272,672,000 | 374,978,000 | 393,787,000 | 342,667,000 | 220,483,000 | 198,803,000 | 197,150,000 | 141,307,000 | 152,796,000 | 154,373,000 | 192,958,000 | 160,559,000 | 190,884,000 | 242,126,000 | 257,279,000 | 152,479,000 | 143,055,000 | 163,375,000 | 199,563,000 | 156,612,000 | 189,861,000 | 267,134,000 | 358,849,000 | 398,200,000 | 357,094,000 | 369,056,000 | 326,701,000 | 299,453,000 | 395,735,000 | 401,440,000 | 379,179,000 | 256,928,000 | 237,019,000 | 220,996,000 | 364,345,000 | 312,737,000 | 289,017,000 | 279,523,000 | 204,285,000 | 205,387,000 | 330,309,000 | 256,389,000 | 248,455,000 | 340,675,000 | 307,963,000 | 300,838,000 | 321,460,000 | 337,915,000 | 341,415,000 | 382,537,000 | 373,901,000 | 376,608,000 | 405,967,000 | 346,899,000 | 300,452,000 | 312,590,000 | 268,357,000 | 237,853,000 | 223,220,000 | 147,981,000 | 94,536,000 | 120,212,000 | 145,911,000 | 125,427,000 | 106,181,000 | 142,690,000 | 92,819,000 | 166,831,000 | 179,858,000 | 169,178,000 | 170,510,000 | 198,166,000 | 190,269,000 | 174,380,000 |
accounts receivable | 538,791,000 | 501,538,000 | 554,277,000 | 522,721,000 | 481,979,000 | 517,035,000 | 549,237,000 | 544,514,000 | 538,830,000 | 537,637,000 | 570,294,000 | 573,467,000 | 541,529,000 | 463,106,000 | 518,371,000 | 516,231,000 | 429,074,000 | 443,054,000 | 457,454,000 | 431,350,000 | 373,487,000 | 373,044,000 | 339,102,000 | 385,673,000 | 374,649,000 | 395,355,000 | 428,353,000 | 423,187,000 | 396,885,000 | 409,594,000 | 425,806,000 | 442,740,000 | 395,279,000 | 401,231,000 | 323,185,000 | 302,599,000 | 273,993,000 | 281,039,000 | 291,645,000 | 286,120,000 | 310,824,000 | 329,223,000 | 334,928,000 | 354,376,000 | 407,223,000 | 405,675,000 | 375,224,000 | 396,383,000 | 423,767,000 | 391,360,000 | 422,532,000 | 430,448,000 | 392,568,000 | 414,236,000 | 376,857,000 | 319,530,000 | 306,703,000 | 307,841,000 | 276,571,000 | 263,613,000 | 260,531,000 | 378,672,000 | 432,455,000 | 390,656,000 | 353,316,000 | 360,945,000 | 337,560,000 | 298,993,000 | 297,125,000 | 304,161,000 | 255,869,000 | 237,334,000 | 219,496,000 | 223,054,000 | 216,800,000 | 201,428,000 | 167,592,000 | 172,405,000 | 175,981,000 | 167,817,000 |
inventories | 633,364,000 | 671,515,000 | 621,440,000 | 574,329,000 | 544,037,000 | 612,412,000 | 582,730,000 | 567,279,000 | 562,864,000 | 612,338,000 | 674,754,000 | 664,599,000 | 665,451,000 | 632,376,000 | 639,393,000 | 599,781,000 | 539,919,000 | 524,433,000 | 477,677,000 | 415,901,000 | 381,258,000 | 396,214,000 | 417,525,000 | 398,248,000 | 393,748,000 | 411,120,000 | 397,752,000 | 375,737,000 | 361,829,000 | 377,431,000 | 365,634,000 | 381,530,000 | 348,667,000 | 389,722,000 | 289,635,000 | 281,250,000 | 255,406,000 | |||||||||||||||||||||||||||||||||||||||||||
other current assets | 258,568,000 | 313,922,000 | 250,028,000 | 237,872,000 | 242,003,000 | 223,436,000 | 208,467,000 | 192,979,000 | 197,630,000 | 179,652,000 | 180,647,000 | 173,622,000 | 153,660,000 | 158,609,000 | 154,643,000 | 157,448,000 | 127,642,000 | 107,912,000 | 111,925,000 | 106,910,000 | 100,319,000 | 104,474,000 | 108,097,000 | 112,048,000 | 107,621,000 | 119,347,000 | 111,897,000 | 127,112,000 | 120,236,000 | 121,065,000 | 123,974,000 | 115,815,000 | 123,836,000 | 108,991,000 | 199,277,000 | 162,781,000 | 135,135,000 | 97,312,000 | 100,367,000 | 102,522,000 | 85,064,000 | 125,553,000 | 138,165,000 | 238,740,000 | 126,204,000 | 110,329,000 | 107,253,000 | 113,821,000 | 115,178,000 | 116,648,000 | 105,283,000 | 103,342,000 | 109,310,000 | 101,837,000 | 107,979,000 | 102,589,000 | 107,286,000 | 107,620,000 | 100,016,000 | 81,632,000 | 66,937,000 | 76,644,000 | 78,737,000 | 60,887,000 | 51,111,000 | 49,474,000 | 52,738,000 | 53,527,000 | 50,197,000 | 50,864,000 | 37,187,000 | 33,511,000 | 34,716,000 | 34,977,000 | 33,268,000 | 26,016,000 | 24,811,000 | 23,205,000 | 18,875,000 | 18,975,000 |
total current assets | 1,739,512,000 | 1,779,972,000 | 1,725,226,000 | 1,729,627,000 | 1,645,281,000 | 1,757,101,000 | 1,613,106,000 | 1,679,750,000 | 1,693,111,000 | 1,672,294,000 | 1,646,178,000 | 1,610,491,000 | 1,557,790,000 | 1,395,398,000 | 1,465,203,000 | 1,427,833,000 | 1,289,593,000 | 1,235,958,000 | 1,237,940,000 | 1,196,287,000 | 1,112,343,000 | 1,026,211,000 | 1,007,779,000 | 1,059,344,000 | 1,075,581,000 | 1,082,434,000 | 1,127,863,000 | 1,193,170,000 | 1,237,799,000 | 1,405,572,000 | 1,411,567,000 | 1,445,845,000 | 1,373,608,000 | 1,378,681,000 | 1,207,832,000 | 1,148,070,000 | 1,043,713,000 | 920,478,000 | 921,618,000 | 902,347,000 | 1,068,858,000 | 1,089,236,000 | 1,095,002,000 | 1,209,836,000 | 1,105,739,000 | 1,084,945,000 | 1,182,649,000 | 1,134,224,000 | 1,164,660,000 | 1,239,631,000 | 1,236,340,000 | 1,236,002,000 | 1,244,591,000 | 1,278,468,000 | 1,195,205,000 | 1,120,111,000 | 1,076,276,000 | 1,068,552,000 | 1,059,230,000 | 959,694,000 | 951,708,000 | 1,201,684,000 | 1,194,861,000 | 1,082,642,000 | 997,867,000 | 945,260,000 | 864,383,000 | 829,410,000 | 839,931,000 | 821,118,000 | 674,101,000 | 669,327,000 | 637,600,000 | 671,400,000 | 650,619,000 | 589,619,000 | 555,407,000 | 566,413,000 | 561,886,000 | 543,765,000 |
property, plant and equipment | 702,762,000 | 677,257,000 | 660,672,000 | 636,158,000 | 619,181,000 | 624,403,000 | 583,832,000 | 582,178,000 | 575,316,000 | 565,875,000 | 563,180,000 | 553,409,000 | 544,871,000 | 489,961,000 | 503,088,000 | 511,873,000 | 511,744,000 | 520,081,000 | 513,686,000 | 500,449,000 | 522,092,000 | 504,520,000 | 502,249,000 | 503,179,000 | 529,344,000 | 523,229,000 | 512,364,000 | 476,876,000 | 478,801,000 | 461,828,000 | 468,205,000 | 482,805,000 | 477,031,000 | 475,071,000 | 384,947,000 | 376,120,000 | 372,377,000 | 1,103,229,000 | 1,093,741,000 | 1,127,309,000 | 1,116,475,000 | 1,101,073,000 | 1,079,783,000 | 450,016,000 | 481,861,000 | 479,287,000 | 478,673,000 | 476,152,000 | 481,074,000 | 479,024,000 | 476,478,000 | 486,872,000 | 476,256,000 | 492,811,000 | 489,820,000 | 459,793,000 | 436,443,000 | 454,703,000 | 461,406,000 | 429,819,000 | 418,066,000 | 446,390,000 | 462,835,000 | 443,036,000 | ||||||||||||||||
intangibles | 250,424,000 | 221,005,000 | 186,667,000 | 202,706,000 | 149,393,000 | 134,451,000 | 177,798,000 | 147,946,000 | 127,452,000 | 130,088,000 | 64,716,000 | 62,071,000 | 63,206,000 | 61,912,000 | 44,479,000 | 44,269,000 | 43,907,000 | 41,504,000 | 41,637,000 | 41,122,000 | 33,163,000 | 13,108,000 | 12,623,000 | 13,733,000 | 13,176,000 | 12,845,000 | 12,409,000 | 11,931,000 | 12,226,000 | 6,666,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 886,686,000 | 887,885,000 | 829,483,000 | 813,698,000 | 804,927,000 | 818,828,000 | 791,991,000 | 689,868,000 | 694,452,000 | 686,625,000 | 692,457,000 | 679,385,000 | 665,257,000 | 424,505,000 | 431,615,000 | 437,141,000 | 430,162,000 | 436,039,000 | 412,803,000 | 334,194,000 | 335,593,000 | 331,473,000 | 328,622,000 | 326,584,000 | 337,107,000 | 331,311,000 | 323,016,000 | 282,512,000 | 281,294,000 | 233,741,000 | 233,982,000 | 236,569,000 | 234,582,000 | 235,899,000 | 234,109,000 | 233,474,000 | 231,919,000 | 236,588,000 | 237,457,000 | 190,596,000 | 35,219,000 | 42,003,000 | 44,828,000 | 44,369,000 | 37,796,000 | 37,072,000 | 36,637,000 | 35,208,000 | 25,981,000 | 25,910,000 | 24,883,000 | 15,617,000 | 15,849,000 | 13,462,000 | 10,054,000 | 4,415,000 | 4,531,000 | 4,240,000 | 4,242,000 | 4,270,000 | ||||||||||||||||||||
deferred income taxes | 47,077,000 | 77,611,000 | 45,176,000 | 22,811,000 | 18,318,000 | 16,959,000 | 14,275,000 | 20,395,000 | 15,937,000 | 8,424,000 | 23,143,000 | 14,132,000 | 11,479,000 | 11,446,000 | 14,243,000 | 11,733,000 | 6,474,000 | 5,534,000 | 9,793,000 | 9,623,000 | 5,810,000 | 6,814,000 | 3,794,000 | 15,956,000 | 11,307,000 | 10,119,000 | 13,789,000 | 302,000 | 2,001,000 | 15,131,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 151,116,000 | 469,991,000 | 511,988,000 | 445,591,000 | 152,137,000 | 464,213,000 | 426,320,000 | 427,921,000 | 182,575,000 | 401,101,000 | 409,373,000 | 409,916,000 | 187,111,000 | 342,101,000 | 341,907,000 | 359,497,000 | 193,097,000 | 376,719,000 | 348,297,000 | 330,819,000 | 193,015,000 | 355,295,000 | 360,389,000 | 416,793,000 | 237,108,000 | 424,186,000 | 431,090,000 | 402,293,000 | 183,590,000 | 318,504,000 | 319,977,000 | 323,281,000 | 177,937,000 | 321,452,000 | 294,785,000 | 295,013,000 | 156,916,000 | |||||||||||||||||||||||||||||||||||||||||||
total assets | 3,777,577,000 | 3,815,105,000 | 3,727,369,000 | 3,625,074,000 | 3,520,142,000 | 3,664,545,000 | 3,415,249,000 | 3,379,717,000 | 3,377,297,000 | 3,325,895,000 | 3,311,188,000 | 3,253,201,000 | 3,180,546,000 | 2,651,965,000 | 2,741,813,000 | 2,736,344,000 | 2,592,307,000 | 2,568,797,000 | 2,512,726,000 | 2,361,749,000 | 2,314,453,000 | 2,217,499,000 | 2,199,039,000 | 2,305,900,000 | 2,371,213,000 | 2,361,160,000 | 2,394,333,000 | 2,354,851,000 | 2,349,825,000 | 2,419,645,000 | 2,433,731,000 | 2,488,500,000 | 2,406,547,000 | 2,411,103,000 | 2,121,673,000 | 2,052,677,000 | 1,943,437,000 | 1,833,821,000 | 1,837,401,000 | 1,777,095,000 | 1,928,091,000 | 1,950,166,000 | 1,921,508,000 | 2,112,519,000 | 2,144,839,000 | 2,113,976,000 | 2,119,641,000 | 2,060,117,000 | 2,103,527,000 | 2,091,522,000 | 2,021,988,000 | 2,022,311,000 | 1,962,877,000 | 2,001,066,000 | 1,913,570,000 | 1,798,692,000 | 1,731,408,000 | 1,757,263,000 | 1,751,978,000 | 1,652,382,000 | 1,628,649,000 | 1,927,127,000 | 1,937,641,000 | 1,795,651,000 | 1,626,432,000 | 1,550,424,000 | 1,451,958,000 | 1,394,579,000 | 1,355,618,000 | 1,323,808,000 | 1,152,519,000 | 1,086,546,000 | 1,059,164,000 | 1,083,211,000 | 1,038,306,000 | 963,005,000 | 928,866,000 | 939,540,000 | 932,137,000 | 915,583,000 |
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due to banks | 143,780,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trade accounts payable | 364,934,000 | 398,721,000 | 375,833,000 | 365,267,000 | 296,590,000 | 323,584,000 | 351,445,000 | 327,798,000 | 325,435,000 | 328,460,000 | 358,160,000 | 361,236,000 | 352,079,000 | 329,890,000 | 364,495,000 | 369,415,000 | 330,230,000 | 309,202,000 | 317,771,000 | 294,062,000 | 256,530,000 | 226,494,000 | 226,799,000 | 248,335,000 | 273,002,000 | 243,837,000 | 254,814,000 | 252,840,000 | 268,600,000 | 246,783,000 | 269,824,000 | 277,122,000 | 269,763,000 | 242,253,000 | 194,758,000 | 186,253,000 | 176,757,000 | 164,783,000 | 173,037,000 | 159,590,000 | 166,858,000 | 172,114,000 | 185,944,000 | 186,751,000 | 196,929,000 | 199,739,000 | 177,006,000 | 195,459,000 | 216,256,000 | 186,545,000 | 202,413,000 | 208,004,000 | 203,299,000 | 228,474,000 | 215,495,000 | 153,524,000 | 141,638,000 | 136,185,000 | 114,128,000 | 101,226,000 | 117,857,000 | 187,764,000 | 208,167,000 | 193,078,000 | 140,203,000 | 160,722,000 | 159,090,000 | 142,264,000 | 131,846,000 | 152,754,000 | 113,091,000 | 125,811,000 | 111,154,000 | 120,979,000 | 124,671,000 | 95,806,000 | 77,301,000 | 72,354,000 | 73,867,000 | 65,381,000 |
accrued employee compensation and benefits | 116,158,000 | 212,626,000 | 167,471,000 | 113,767,000 | 104,374,000 | 194,434,000 | 159,265,000 | 114,770,000 | 112,373,000 | 207,116,000 | 159,173,000 | 109,525,000 | 109,369,000 | 183,638,000 | 144,253,000 | 109,797,000 | 108,562,000 | 156,128,000 | 124,606,000 | 92,769,000 | 98,437,000 | 121,967,000 | 99,543,000 | 82,630,000 | 83,033,000 | 133,361,000 | 115,891,000 | 87,126,000 | 94,202,000 | 138,622,000 | 91,902,000 | 67,431,000 | 39,059,000 | 126,112,000 | 99,187,000 | 68,624,000 | 109,430,000 | 87,178,000 | 60,383,000 | 45,059,000 | 95,410,000 | 75,541,000 | 74,547,000 | 39,692,000 | 37,036,000 | 63,504,000 | 53,427,000 | 36,745,000 | 27,639,000 | 41,742,000 | 34,569,000 | 39,036,000 | ||||||||||||||||||||||||||||
dividends payable | 43,328,000 | 42,158,000 | 40,453,000 | 36,879,000 | 32,921,000 | 30,417,000 | 29,690,000 | 29,867,000 | 25,608,000 | 22,986,000 | 11,450,000 | 10,685,000 | 10,699,000 | 10,660,000 | 9,473,000 | 9,446,000 | 9,420,000 | 9,403,000 | 8,095,000 | 8,084,000 | 7,568,000 | 7,498,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 288,491,000 | 339,874,000 | 376,612,000 | 381,200,000 | 325,156,000 | 321,325,000 | 266,603,000 | 301,585,000 | 273,910,000 | 264,866,000 | 283,023,000 | 315,838,000 | 261,087,000 | 238,425,000 | 269,477,000 | 297,880,000 | 231,462,000 | 238,686,000 | 243,208,000 | 224,023,000 | 161,331,000 | 183,553,000 | 192,632,000 | 191,479,000 | 142,441,000 | 181,946,000 | 170,196,000 | 185,451,000 | 128,379,000 | 159,352,000 | 268,045,000 | 271,097,000 | 119,655,000 | 295,468,000 | 218,932,000 | 233,874,000 | 97,806,000 | 247,449,000 | 226,845,000 | 217,021,000 | 268,118,000 | 235,847,000 | 254,496,000 | 297,449,000 | 260,652,000 | 224,870,000 | 289,297,000 | 242,450,000 | 225,690,000 | 286,663,000 | 236,274,000 | 223,371,000 | 252,866,000 | 215,377,000 | 184,001,000 | 203,944,000 | 183,543,000 | 181,379,000 | 199,279,000 | 167,958,000 | 70,738,000 | 55,004,000 | 50,460,000 | 41,126,000 | 36,389,000 | 34,326,000 | 30,534,000 | 32,793,000 | 25,753,000 | 33,907,000 | 25,164,000 | 30,759,000 | 30,992,000 | 29,047,000 | 25,212,000 | 14,497,000 | 17,511,000 | 18,067,000 | 22,155,000 | 28,649,000 |
current portion of long-term debt | 100,004,000 | 4,000 | 11,039,000 | 766,000 | 111,000 | 112,000 | 111,000 | 111,000 | 131,000 | 1,859,000 | 1,912,000 | 391,000 | 423,000 | 438,000 | 452,000 | 506,000 | 1,195,000 | 1,096,000 | 81,924,000 | 82,705,000 | 83,370,000 | 1,162,000 | 1,191,000 | 1,141,000 | 1,327,000 | 1,103,000 | 1,030,000 | 31,506,000 | 31,877,000 | 31,974,000 | 781,000 | 764,000 | 802,000 | 40,920,000 | 41,147,000 | 41,453,000 | 938,000 | 736,000 | 882,000 | 883,000 | 1,384,000 | 2,522,000 | 3,060,000 | 12,635,000 | 12,729,000 | 13,432,000 | ||||||||||||||||||||||||||||||||||
total current liabilities | 956,691,000 | 1,039,424,000 | 1,025,239,000 | 969,854,000 | 878,802,000 | 951,336,000 | 783,567,000 | 748,873,000 | 754,610,000 | 808,142,000 | 810,762,000 | 835,939,000 | 852,897,000 | 820,328,000 | 903,683,000 | 927,652,000 | 755,905,000 | 745,420,000 | 696,020,000 | 614,461,000 | 549,449,000 | 533,161,000 | 568,571,000 | 654,822,000 | 563,135,000 | 572,437,000 | 571,011,000 | 525,527,000 | 538,182,000 | 545,551,000 | 539,758,000 | 550,200,000 | 528,742,000 | 539,856,000 | 415,643,000 | 422,263,000 | 388,107,000 | 596,059,000 | 559,790,000 | 401,455,000 | 437,429,000 | 470,556,000 | 608,425,000 | 571,701,000 | 464,489,000 | 431,912,000 | 481,195,000 | 452,685,000 | 458,981,000 | 492,702,000 | 459,420,000 | 453,922,000 | 549,148,000 | 539,340,000 | 494,869,000 | 372,283,000 | 349,478,000 | 346,723,000 | 355,260,000 | 287,804,000 | 310,409,000 | 480,604,000 | 479,695,000 | 418,339,000 | 356,610,000 | 352,412,000 | 320,840,000 | 338,288,000 | 392,337,000 | 404,709,000 | 283,704,000 | 283,149,000 | 263,028,000 | 294,402,000 | 280,000,000 | 229,782,000 | 213,084,000 | 200,826,000 | 199,671,000 | 217,170,000 |
long-term debt, less current portion | 1,150,228,000 | 1,150,315,000 | 1,150,395,000 | 1,150,473,000 | 1,150,551,000 | 1,150,616,000 | 1,098,430,000 | 1,102,677,000 | 1,102,771,000 | 1,102,858,000 | 1,103,898,000 | 1,110,626,000 | 1,110,396,000 | 711,250,000 | 712,908,000 | 715,032,000 | 717,089,000 | 717,787,000 | 718,137,000 | 715,328,000 | 715,456,000 | 715,687,000 | 715,817,000 | 715,950,000 | 712,302,000 | 713,884,000 | 710,458,000 | 705,725,000 | 702,549,000 | 698,468,000 | 700,194,000 | 700,869,000 | 704,136,000 | 704,804,000 | 704,732,000 | 703,378,000 | 703,704,000 | 359,831,000 | 360,931,000 | 350,106,000 | 350,899,000 | 151,563,000 | 3,882,000 | 1,041,000 | 1,159,000 | 2,678,000 | 1,251,000 | 1,388,000 | 1,448,000 | 1,680,000 | 2,396,000 | 2,494,000 | 1,562,000 | 1,710,000 | 1,818,000 | 85,458,000 | 86,033,000 | 87,001,000 | 88,868,000 | 89,533,000 | 89,964,000 | 87,525,000 | 87,701,000 | 89,646,000 | 114,586,000 | 112,422,000 | 114,368,000 | 113,965,000 | 115,730,000 | 111,940,000 | 159,731,000 | 160,402,000 | 163,931,000 | 165,372,000 | 162,469,000 | 169,013,000 | 169,030,000 | 172,561,000 | 172,917,000 | 172,903,000 |
other liabilities | 148,760,000 | 210,733,000 | 172,122,000 | 164,577,000 | 152,892,000 | 223,403,000 | 220,346,000 | 220,339,000 | 197,918,000 | 189,313,000 | 195,104,000 | 181,400,000 | 166,190,000 | 196,159,000 | 212,239,000 | 230,600,000 | 198,686,000 | 247,697,000 | 238,946,000 | 228,552,000 | 212,556,000 | 257,907,000 | 254,540,000 | 267,168,000 | 212,413,000 | 261,031,000 | 266,806,000 | 258,934,000 | 175,517,000 | 247,758,000 | 250,271,000 | 256,759,000 | 200,500,000 | 220,515,000 | 149,522,000 | 142,912,000 | 97,803,000 | |||||||||||||||||||||||||||||||||||||||||||
total liabilities | 2,307,783,000 | 2,400,472,000 | 2,347,756,000 | 2,284,904,000 | 2,192,709,000 | 2,325,355,000 | 2,102,343,000 | 2,071,889,000 | 2,068,445,000 | 2,100,313,000 | 2,109,764,000 | 2,127,965,000 | 2,146,505,000 | 1,727,737,000 | 1,828,830,000 | 1,873,284,000 | 1,728,398,000 | 1,710,904,000 | 1,653,103,000 | 1,558,341,000 | 1,524,203,000 | 1,506,755,000 | 1,538,928,000 | 1,637,940,000 | 1,552,136,000 | 1,547,352,000 | 1,548,275,000 | 1,490,186,000 | 1,462,233,000 | 1,491,777,000 | 1,490,223,000 | 1,507,828,000 | 1,474,094,000 | 1,465,175,000 | 1,269,897,000 | 1,268,553,000 | 1,231,231,000 | |||||||||||||||||||||||||||||||||||||||||||
shareholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares, without par value - at stated capital amount; authorized - 5,000,000 shares; issued and outstanding - none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value - at stated capital amount; authorized - 240,000,000 shares; issued - 98,581,434 shares in 2025 and 2024; outstanding - 54,845,950 shares in 2025 and 56,211,219 shares in 2024 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 601,566,000 | 595,644,000 | 586,234,000 | 581,250,000 | 566,740,000 | 561,148,000 | 559,327,000 | 560,439,000 | 523,357,000 | 519,151,000 | 515,303,000 | 498,023,000 | 481,857,000 | 471,172,000 | 465,624,000 | 462,217,000 | 451,268,000 | 434,786,000 | 427,576,000 | 418,529,000 | 409,958,000 | 404,086,000 | 394,692,000 | 387,096,000 | 389,446,000 | 377,584,000 | 368,919,000 | 364,418,000 | 360,308,000 | 357,749,000 | 351,632,000 | 345,611,000 | 334,309,000 | 330,522,000 | 326,464,000 | 317,142,000 | 309,417,000 | 290,785,000 | 283,166,000 | 276,853,000 | 269,179,000 | 266,576,000 | 261,988,000 | 252,138,000 | 248,499,000 | 244,824,000 | 230,086,000 | 224,327,000 | 218,115,000 | 197,734,000 | 195,094,000 | 188,139,000 | 174,026,000 | 171,376,000 | 171,587,000 | 165,766,000 | 164,361,000 | 161,493,000 | 159,271,000 | 158,030,000 | 156,734,000 | 155,984,000 | 152,885,000 | 148,226,000 | 146,606,000 | 142,483,000 | 139,437,000 | 137,315,000 | 133,987,000 | 132,111,000 | 123,222,000 | 119,247,000 | 117,593,000 | 112,389,000 | 111,189,000 | 108,907,000 | 107,717,000 | 106,521,000 | 106,363,000 | 105,610,000 |
retained earnings | 4,342,080,000 | 4,247,355,000 | 4,168,467,000 | 4,067,213,000 | 3,993,016,000 | 3,893,883,000 | 3,833,267,000 | 3,766,297,000 | 3,688,038,000 | 3,578,154,000 | 3,483,127,000 | 3,387,543,000 | 3,306,500,000 | 3,237,200,000 | 3,160,920,000 | 3,063,721,000 | 2,970,303,000 | 2,930,361,000 | 2,928,819,000 | 2,864,223,000 | 2,821,359,000 | 2,790,579,000 | 2,762,833,000 | 2,767,939,000 | 2,736,481,000 | 2,704,486,000 | 2,661,720,000 | 2,605,265,000 | 2,564,440,000 | 2,505,396,000 | 2,461,130,000 | 2,417,773,000 | 2,388,219,000 | 2,389,771,000 | 2,306,814,000 | 2,268,707,000 | 2,236,071,000 | 2,205,798,000 | 2,167,000,000 | 2,157,330,000 | 2,100,334,000 | 2,181,813,000 | 2,132,608,000 | 2,033,290,000 | 2,005,468,000 | 1,946,414,000 | 1,838,770,000 | 1,789,049,000 | 1,732,884,000 | 1,637,169,000 | 1,586,527,000 | 1,534,406,000 | 1,440,895,000 | 1,398,348,000 | 1,354,387,000 | 1,292,106,000 | 1,271,467,000 | 1,250,808,000 | 1,226,598,000 | 1,225,323,000 | 1,221,737,000 | 1,228,821,000 | 1,170,306,000 | 1,110,896,000 | 1,029,331,000 | 988,839,000 | 943,050,000 | 906,074,000 | 863,708,000 | 827,954,000 | 743,817,000 | 687,654,000 | 673,010,000 | 666,124,000 | 650,440,000 | 634,089,000 | 623,898,000 | 617,423,000 | 610,381,000 | 561,107,000 |
accumulated other comprehensive loss | -205,931,000 | -211,910,000 | -210,657,000 | -270,912,000 | -300,135,000 | -235,826,000 | -249,905,000 | -239,454,000 | -229,847,000 | -265,833,000 | -236,186,000 | -250,836,000 | -275,299,000 | -329,451,000 | -285,197,000 | -259,507,000 | -257,386,000 | -265,819,000 | -305,191,000 | -312,424,000 | -302,190,000 | -343,281,000 | -355,620,000 | -348,177,000 | -275,850,000 | -305,868,000 | -281,850,000 | -287,524,000 | -293,739,000 | -271,614,000 | -276,479,000 | -225,716,000 | -247,186,000 | -250,349,000 | -272,523,000 | -298,288,000 | -329,037,000 | -288,440,000 | -286,554,000 | -269,579,000 | -288,473,000 | -321,880,000 | -339,995,000 | -194,779,000 | -148,391,000 | -162,857,000 | -236,430,000 | -259,787,000 | -244,045,000 | -128,316,000 | -170,482,000 | -152,556,000 | -160,429,000 | -185,750,000 | -237,529,000 | -12,802,000 | -35,061,000 | -49,137,000 | -54,653,000 | -75,616,000 | -76,862,000 | -74,013,000 | -67,769,000 | -58,678,000 | -112,368,000 | |||||||||||||||
treasury shares, at cost - 43,735,484 shares in 2025 and 42,370,215 shares in 2024 | -3,277,779,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 1,469,794,000 | 1,414,633,000 | 1,379,613,000 | 1,340,170,000 | 1,327,433,000 | 1,339,190,000 | 1,312,906,000 | 1,307,828,000 | 1,308,852,000 | 1,225,582,000 | 1,201,424,000 | 1,125,236,000 | 1,034,041,000 | 924,228,000 | 912,983,000 | 863,060,000 | 863,909,000 | 857,893,000 | 859,623,000 | 803,408,000 | 790,250,000 | 710,744,000 | 660,111,000 | 667,960,000 | 819,077,000 | 813,808,000 | 846,058,000 | 864,665,000 | 887,592,000 | 927,868,000 | 943,508,000 | 980,672,000 | 932,453,000 | 945,928,000 | 851,776,000 | 784,124,000 | 712,206,000 | 752,917,000 | 792,414,000 | 892,669,000 | 1,011,969,000 | 1,196,658,000 | 1,179,955,000 | 1,376,479,000 | 1,521,473,000 | 1,512,113,000 | 1,428,819,000 | 1,394,455,000 | 1,403,545,000 | 1,336,191,000 | 1,281,008,000 | 1,265,629,000 | 1,245,070,000 | 1,268,059,000 | 1,211,991,000 | 1,146,631,000 | 1,091,539,000 | 1,093,744,000 | 1,059,787,000 | 1,034,767,000 | 976,389,000 | |||||||||||||||||||
total liabilities and total equity | 3,777,577,000 | 3,815,105,000 | 3,727,369,000 | 3,625,074,000 | 3,520,142,000 | 3,664,545,000 | 3,415,249,000 | 3,379,717,000 | 3,377,297,000 | 3,325,895,000 | 3,311,188,000 | 3,253,201,000 | 3,180,546,000 | 2,651,965,000 | 2,741,813,000 | 2,736,344,000 | 2,592,307,000 | 2,568,797,000 | 2,512,726,000 | 2,361,749,000 | 2,314,453,000 | 2,217,499,000 | 2,199,039,000 | 2,305,900,000 | 2,361,160,000 | 2,394,333,000 | 2,354,851,000 | 2,419,645,000 | 2,433,731,000 | 2,488,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
short-term debt | 88,203,000 | 105,323,000 | 109,620,000 | 111,993,000 | 6,254,000 | 4,720,000 | 7,700,000 | 10,406,000 | 49,340,000 | 68,375,000 | 125,458,000 | 150,560,000 | 41,404,000 | 10,435,000 | 3,607,000 | 1,147,000 | 49,597,000 | 132,378,000 | 13,293,000 | 30,110,000 | 110,000 | 794,000 | 1,889,000 | 1,981,000 | 2,135,000 | 1,953,000 | 2,136,000 | 183,827,000 | 159,908,000 | 24,844,000 | 2,453,000 | 62,595,000 | 167,985,000 | |||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value - at stated capital amount; authorized 240,000,000 shares; issued 98,581,434 shares in 2025 and 2024; outstanding 55,026,176 shares in 2025 and 56,211,219 in 2024 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 43,555,258 shares in 2025 and 42,370,215 shares in 2024 | -3,226,314,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value - at stated capital amount; authorized 240,000,000 shares; issued 98,581,434 shares in 2025 and 2024; outstanding 55,186,252 shares in 2025 and 56,211,219 in 2024 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 43,395,182 shares in 2025 and 42,370,215 shares in 2024 | -3,174,289,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value - at stated capital amount; authorized 240,000,000 shares; issued 98,581,434 shares in 2025 and 2024; outstanding 55,826,284 shares in 2025 and 56,211,219 in 2024 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 42,755,150 shares in 2025 and 42,370,215 shares in 2024 | -3,047,239,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due banks | 10,520,000 | 2,435,000 | 82,444,000 | 51,964,000 | 2,623,000 | 34,857,000 | 2,020,000 | 1,758,000 | 85,642,000 | 4,996,000 | 6,912,000 | 14,469,000 | 14,338,000 | 16,583,000 | 18,988,000 | 19,538,000 | 21,451,000 | 11,059,000 | 12,784,000 | 12,003,000 | 13,653,000 | 23,106,000 | 28,018,000 | 40,526,000 | 17,517,000 | 18,061,000 | 21,425,000 | 31,397,000 | 11,654,000 | 11,272,000 | 11,617,000 | 5,208,000 | 6,214,000 | 3,817,000 | 3,662,000 | 4,317,000 | 4,013,000 | 2,561,000 | 3,052,000 | 278,000 | 489,000 | 1,267,000 | 1,652,000 | 812,000 | ||||||||||||||||||||||||||||||||||||
common shares, without par value - at stated capital amount; authorized - 240,000,000 shares; issued - 98,581,434 shares in 2024 and 2023; outstanding - 56,211,219 shares in 2024 and 56,975,815 shares in 2023 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 42,370,215 shares in 2024 and 41,605,619 shares in 2023 | -2,942,046,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 9,858,000 | 4,929,000 | 4,929,000 | 4,929,000 | 4,929,000 | 4,929,000 | 4,929,000 | |||||||||||||||||||||||||||||||||
treasury shares | -2,889,873,000 | -2,839,641,000 | -2,789,312,000 | -2,615,748,000 | -2,570,678,000 | -2,519,299,000 | -2,464,460,000 | -2,438,144,000 | -2,413,171,000 | -2,251,193,000 | -2,201,397,000 | -2,176,671,000 | -2,151,417,000 | -2,152,509,000 | -2,149,613,000 | -1,973,136,000 | -1,913,219,000 | -1,828,025,000 | -1,674,232,000 | -1,603,409,000 | -1,567,725,000 | -1,534,650,000 | -1,519,597,000 | -1,514,050,000 | -1,465,872,000 | -1,381,860,000 | -1,282,655,000 | -1,079,816,000 | -940,687,000 | -885,477,000 | -727,168,000 | -597,898,000 | -530,082,000 | -427,644,000 | -384,849,000 | -329,365,000 | -203,483,000 | -193,753,000 | -184,296,000 | -183,830,000 | -183,934,000 | |||||||||||||||||||||||||||||||||||||||
common shares, without par value - at stated capital amount; authorized - 240,000,000 shares; issued - 98,581,434 shares in 2023 and 2022; outstanding - 56,975,815 shares in 2023 and 57,623,539 shares in 2022 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 41,605,619 shares in 2023 and 40,957,895 shares in 2022 | -2,682,554,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders' equity | 1,125,289,000 | 1,034,140,000 | 924,319,000 | 913,061,000 | 863,118,000 | 864,102,000 | 857,993,000 | 859,665,000 | 803,515,000 | 789,271,000 | 818,172,000 | 886,942,000 | 931,637,000 | 711,477,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests | -53,000 | -99,000 | -91,000 | -78,000 | -58,000 | -193,000 | -100,000 | -42,000 | -107,000 | 979,000 | 919,000 | 857,000 | 857,000 | 905,000 | 884,000 | 630,000 | 673,000 | 650,000 | 711,000 | 776,000 | 871,000 | 816,000 | 776,000 | 760,000 | 755,000 | 729,000 | 788,000 | 804,000 | 862,000 | 887,000 | 978,000 | 973,000 | 3,140,000 | 3,937,000 | 3,956,000 | 14,179,000 | 15,857,000 | 16,098,000 | ||||||||||||||||||||||||||||||||||||||||||
common shares, without par value - at stated capital amount; authorized - 240,000,000 shares; issued - 98,581,434 shares in 2022 and 2021; outstanding - 57,623,539 shares in 2022 and 58,786,776 shares in 2021 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 40,957,895 shares in 2022 and 39,794,658 shares in 2021 | -2,488,776,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value - at stated capital amount; authorized - 240,000,000 shares; issued - 98,581,434 shares in 2021 and 2020; outstanding - 58,786,776 shares in 2021 and 59,640,895 shares in 2020 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 39,794,658 shares in 2021 and 38,940,539 shares in 2020 | -2,309,941,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares, without par value – at stated capital amount; authorized – 5,000,000 shares; issued and outstanding – none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost – 38,940,539 shares in 2020 and 37,989,338 shares in 2019 | -2,149,714,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 709,825,000 | 659,254,000 | 667,103,000 | 812,924,000 | 845,428,000 | 863,992,000 | 927,157,000 | 942,732,000 | 979,801,000 | 945,152,000 | 851,016,000 | 783,369,000 | 752,129,000 | 791,610,000 | 891,807,000 | 1,011,082,000 | 1,195,680,000 | 1,178,982,000 | 1,373,339,000 | 1,517,536,000 | 1,508,157,000 | 1,414,640,000 | 1,378,598,000 | 1,387,447,000 | 1,320,284,000 | 1,265,280,000 | 1,249,358,000 | 1,228,990,000 | 1,251,295,000 | 1,195,705,000 | 1,131,002,000 | 1,076,522,000 | 1,080,378,000 | 1,046,539,000 | 1,018,598,000 | 961,735,000 | 1,215,669,000 | 1,223,162,000 | 1,142,526,000 | 1,033,519,000 | 964,245,000 | 899,046,000 | 852,976,000 | 783,735,000 | 743,822,000 | 643,007,000 | 582,351,000 | 577,277,000 | 541,360,000 | 517,171,000 | 490,890,000 | 478,508,000 | 455,988,000 | 446,601,000 | 460,062,000 | |||||||||||||||||||||||||
common shares, without par value – at stated capital amount; authorized – 240,000,000 shares; issued – 98,581,434 shares in 2019 and 2018; outstanding – 60,592,096 shares in 2019 and 63,545,878 shares in 2018 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost – 37,989,338 shares in 2019 and 35,035,556 shares in 2018 | -2,041,763,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 2,371,213,000 | 2,349,825,000 | 2,406,547,000 | 2,411,103,000 | 2,121,673,000 | 2,052,677,000 | 1,943,437,000 | 1,833,821,000 | 1,837,401,000 | 1,777,095,000 | 1,928,091,000 | 1,950,166,000 | 1,921,508,000 | 2,112,519,000 | 2,144,839,000 | 2,113,976,000 | 2,119,641,000 | 2,060,117,000 | 2,103,527,000 | 2,091,522,000 | 2,021,988,000 | 2,022,311,000 | 1,962,877,000 | 2,001,066,000 | 1,913,570,000 | 1,798,692,000 | 1,731,408,000 | 1,757,263,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
marketable securities | 99,282,000 | 139,059,000 | 136,704,000 | 179,125,000 | 179,284,000 | 4,942,000 | 4,942,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
customer advances | 17,023,000 | 19,683,000 | 21,238,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value – at stated capital amount; authorized – 240,000,000 shares; issued – 98,581,434 shares in 2018 and 2017; outstanding – 63,545,878 shares in 2018 and 65,662,546 shares in 2017 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost – 35,035,556 shares in 2018 and 32,918,888 shares in 2017 | -1,753,925,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost – 32,918,888 shares in 2017 and 32,906,680 shares in 2016 | -1,553,563,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value – at stated capital amount; authorized – 240,000,000 shares; issued – 98,581,434 shares in 2016 and 2015; outstanding – 65,674,754 shares in 2016 and 70,693,389 shares in 2015 | 9,858,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost – 32,906,680 shares in 2016 and 27,888,045 shares in 2015 | -1,514,832,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
raw materials | 80,214,000 | 85,249,000 | 86,314,000 | 86,708,000 | 102,339,000 | 107,672,000 | 96,857,000 | 105,733,000 | 103,913,000 | 108,698,000 | 114,429,000 | 118,267,000 | 119,007,000 | 121,512,000 | 114,381,000 | 130,582,000 | 125,821,000 | 105,718,000 | 85,969,000 | 76,503,000 | 78,896,000 | 72,162,000 | 63,391,000 | 76,932,000 | 114,920,000 | 106,498,000 | 96,673,000 | 97,446,000 | 108,891,000 | 108,669,000 | 106,725,000 | 101,962,000 | 90,149,000 | 74,046,000 | 80,603,000 | 82,424,000 | 63,604,000 | 52,116,000 | ||||||||||||||||||||||||||||||||||||||||||
work-in-process | 45,080,000 | 45,770,000 | 44,355,000 | 43,124,000 | 42,309,000 | 42,764,000 | 37,779,000 | 42,756,000 | 39,868,000 | 45,794,000 | 44,355,000 | 45,617,000 | 44,302,000 | 49,228,000 | 53,596,000 | 55,653,000 | 54,655,000 | 48,618,000 | 41,290,000 | 42,015,000 | 39,239,000 | 33,172,000 | 33,857,000 | 38,369,000 | 59,051,000 | 57,894,000 | 62,939,000 | 50,028,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
finished goods | 159,905,000 | 161,568,000 | 162,040,000 | 178,793,000 | 177,075,000 | 182,456,000 | 202,561,000 | 219,538,000 | 219,773,000 | 215,371,000 | 208,847,000 | 213,376,000 | 227,639,000 | 229,822,000 | 233,397,000 | 235,018,000 | 244,004,000 | 214,618,000 | 188,196,000 | 169,868,000 | 158,348,000 | 171,342,000 | 170,302,000 | 185,344,000 | 245,675,000 | 239,441,000 | 222,188,000 | 208,503,000 | 213,264,000 | 212,983,000 | 193,683,000 | 183,491,000 | 189,771,000 | 160,534,000 | 136,631,000 | 122,413,000 | 114,779,000 | 102,509,000 | ||||||||||||||||||||||||||||||||||||||||||
total inventory | 285,199,000 | 292,587,000 | 292,709,000 | 308,625,000 | 321,723,000 | 332,892,000 | 337,197,000 | 368,027,000 | 363,554,000 | 369,863,000 | 367,631,000 | 377,260,000 | 390,948,000 | 400,562,000 | 401,374,000 | 421,253,000 | 424,480,000 | 368,954,000 | 315,455,000 | 288,386,000 | 276,483,000 | 276,676,000 | 267,550,000 | 300,645,000 | 419,646,000 | 403,833,000 | 381,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
land | 47,416,000 | 46,157,000 | 46,821,000 | 45,803,000 | 45,494,000 | 44,826,000 | 47,286,000 | 48,861,000 | 48,316,000 | 45,539,000 | 44,102,000 | 44,113,000 | 43,690,000 | 42,818,000 | 44,041,000 | 43,224,000 | 45,401,000 | 44,908,000 | 43,895,000 | 40,302,000 | 42,357,000 | 43,191,000 | 42,186,000 | 39,673,000 | 41,414,000 | 43,198,000 | 42,130,000 | 40,843,000 | 37,685,000 | 35,684,000 | 34,811,000 | 27,575,000 | 25,183,000 | 20,865,000 | 17,635,000 | 18,034,000 | 16,589,000 | 15,635,000 | 15,715,000 | 15,900,000 | 15,336,000 | 14,520,000 | 12,489,000 | |||||||||||||||||||||||||||||||||||||
buildings | 343,104,000 | 340,763,000 | 362,426,000 | 365,707,000 | 361,811,000 | 355,104,000 | 361,489,000 | 371,828,000 | 375,041,000 | 367,090,000 | 354,400,000 | 353,874,000 | 338,521,000 | 333,301,000 | 337,713,000 | 322,974,000 | 330,215,000 | 323,933,000 | 303,269,000 | 286,781,000 | 292,421,000 | 287,979,000 | 269,503,000 | 259,903,000 | 262,142,000 | 269,502,000 | 262,831,000 | 249,731,000 | 239,357,000 | 232,452,000 | 230,390,000 | 213,043,000 | 205,290,000 | 199,900,000 | 182,630,000 | 184,008,000 | 174,606,000 | 161,615,000 | 160,819,000 | 161,215,000 | 155,045,000 | 152,569,000 | 136,124,000 | |||||||||||||||||||||||||||||||||||||
machinery and equipment | 712,709,000 | 706,821,000 | 718,062,000 | 704,965,000 | 693,768,000 | 679,853,000 | 703,082,000 | 735,424,000 | 724,295,000 | 720,913,000 | 719,983,000 | 724,256,000 | 730,993,000 | 731,228,000 | 741,026,000 | 723,778,000 | 742,662,000 | 731,341,000 | 694,837,000 | 668,181,000 | 686,180,000 | 686,905,000 | 657,792,000 | 633,066,000 | 665,434,000 | 681,958,000 | 654,946,000 | 613,391,000 | 600,999,000 | 585,851,000 | 574,133,000 | 561,342,000 | 552,183,000 | 532,091,000 | 554,768,000 | 553,203,000 | 533,206,000 | 520,611,000 | 506,740,000 | 501,851,000 | 485,324,000 | 478,508,000 | 435,580,000 | |||||||||||||||||||||||||||||||||||||
less accumulated depreciation | 718,412,000 | 709,874,000 | 713,483,000 | 694,535,000 | 671,744,000 | 656,763,000 | 661,841,000 | 674,252,000 | 668,365,000 | 654,869,000 | 642,333,000 | 641,169,000 | 634,180,000 | 630,869,000 | 635,908,000 | 613,720,000 | 625,467,000 | 610,362,000 | 582,208,000 | 558,821,000 | 566,255,000 | 556,669,000 | 539,662,000 | 514,576,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets | 291,938,000 | 294,459,000 | 270,326,000 | 437,293,000 | 431,601,000 | 403,486,000 | 452,667,000 | 557,239,000 | 549,744,000 | 458,319,000 | 449,741,000 | 457,793,000 | 372,867,000 | 309,170,000 | 299,437,000 | 242,030,000 | 229,787,000 | 228,545,000 | 218,788,000 | 218,689,000 | 234,008,000 | 231,342,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 125,014,000 | 124,266,000 | 132,865,000 | 109,490,000 | 107,357,000 | 103,552,000 | 140,132,000 | 134,817,000 | 143,013,000 | 81,291,000 | 80,607,000 | 81,242,000 | 82,711,000 | 83,685,000 | 86,364,000 | 80,801,000 | 89,457,000 | 91,521,000 | 93,346,000 | 92,333,000 | 98,252,000 | 91,180,000 | 71,716,000 | 21,612,000 | 38,147,000 | 39,083,000 | 38,548,000 | 30,909,000 | 30,318,000 | 28,867,000 | 28,872,000 | 27,916,000 | 30,170,000 | 25,351,000 | 24,247,000 | 22,244,000 | 22,377,000 | 22,138,000 | 19,230,000 | 18,636,000 | 17,860,000 | 16,442,000 | 33,443,000 | |||||||||||||||||||||||||||||||||||||
total long-term liabilities | 484,845,000 | 485,197,000 | 482,971,000 | 478,693,000 | 282,952,000 | 133,128,000 | 164,339,000 | 158,877,000 | 169,951,000 | 209,627,000 | 212,977,000 | 241,001,000 | 262,629,000 | 281,560,000 | 302,760,000 | 168,659,000 | 193,667,000 | 206,710,000 | 279,778,000 | 290,391,000 | 316,796,000 | 336,931,000 | 329,811,000 | 341,851,000 | 230,854,000 | 234,784,000 | 234,786,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued pensions | 18,304,000 | 24,032,000 | 25,694,000 | 23,166,000 | 22,901,000 | 24,260,000 | 127,085,000 | 130,982,000 | 158,311,000 | 178,238,000 | 195,479,000 | 213,902,000 | 86,296,000 | 102,500,000 | 113,371,000 | 100,974,000 | 112,025,000 | 131,543,000 | 156,883,000 | 168,562,000 | 3,131,000 | 1,747,000 | 1,771,000 | 3,581,000 | 1,333,000 | 1,489,000 | 1,483,000 | 1,483,000 | 15,043,000 | 15,005,000 | 13,304,000 | 14,633,000 | 14,457,000 | 35,681,000 | 32,232,000 | 27,767,000 | 91,004,000 | 95,220,000 | ||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment - sum | 1,118,485,000 | 839,334,000 | 755,245,000 | 697,861,000 | 655,705,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 15,907,000 | 15,728,000 | 16,271,000 | 16,080,000 | 16,764,000 | 16,286,000 | 15,629,000 | 15,017,000 | 13,366,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest | 13,248,000 | 16,169,000 | 14,654,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 1,751,978,000 | 1,652,382,000 | 1,628,649,000 | 1,927,127,000 | 1,937,641,000 | 1,795,651,000 | 1,626,432,000 | 1,550,424,000 | 1,451,958,000 | 1,394,579,000 | 1,355,618,000 | 1,323,808,000 | 1,152,519,000 | 1,086,546,000 | 1,059,164,000 | 1,083,211,000 | 1,038,306,000 | 963,005,000 | 928,866,000 | 939,540,000 | 932,137,000 | 915,583,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total non-current assets | 262,869,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid pensions | 2,553,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity investments in affiliates | 56,291,000 | 65,194,000 | 65,683,000 | 62,184,000 | 56,571,000 | 53,352,000 | 50,664,000 | 48,962,000 | 45,454,000 | 43,175,000 | 39,275,000 | 37,813,000 | 36,863,000 | 36,911,000 | 35,605,000 | 35,333,000 | 34,251,000 | 32,821,000 | 31,575,000 | 26,056,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term investments | 29,930,000 | 30,219,000 | 30,459,000 | 30,196,000 | 29,874,000 | 29,514,000 | 29,232,000 | 28,886,000 | 28,487,000 | 28,194,000 | 27,641,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets | 16,566,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other assets | 258,875,000 | 279,053,000 | 279,945,000 | 269,973,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses | 26,700,000 | 29,435,000 | 31,752,000 | 27,393,000 | 24,313,000 | 23,686,000 | 23,374,000 | 24,652,000 | 21,684,000 | 20,235,000 | 20,202,000 | 19,387,000 | 15,953,000 | 15,142,000 | 15,004,000 | 15,233,000 | 14,172,000 | 13,259,000 | 12,556,000 | 12,396,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued taxes, including income taxes | 22,383,000 | 16,926,000 | 14,385,000 | 30,249,000 | 23,416,000 | 23,184,000 | 30,546,000 | 35,500,000 | 42,707,000 | 47,794,000 | 40,895,000 | 54,757,000 | 43,016,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued taxes | 40,514,000 | 38,257,000 | 40,707,000 | 36,984,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares, without par value — at stated capital amount; authorized - 5,000,000 shares; issued and outstanding — none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value — at stated capital amount; authorized - 120,000,000 shares; issued - 49,290,717 shares in 2009 and 2008; outstanding - 42,513,921 shares in 2009 and 42,521,628 shares in 2008 | 4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 6,776,796 shares in 2009 and 6,769,089 shares in 2008 | -184,136,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less accumulated depreciation and amortization | 522,600,000 | 531,823,000 | 516,871,000 | 483,402,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid pension costs | 63,399,000 | 59,498,000 | 53,429,000 | 28,823,000 | 26,699,000 | 21,705,000 | 16,773,000 | 1,929,000 | 1,913,000 | 1,792,000 | 3,425,000 | 3,585,000 | 2,730,000 | 2,760,000 | 2,854,000 | 2,932,000 | 623,000 | 696,000 | 38,787,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 16,167,000 | 16,271,000 | 17,883,000 | 10,459,000 | 10,196,000 | 9,685,000 | 4,318,000 | 8,206,000 | 7,991,000 | 12,492,000 | 35,622,000 | 35,444,000 | 35,522,000 | 29,751,000 | 30,957,000 | 29,722,000 | 31,873,000 | 30,730,000 | 28,118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value — at stated capital amount; authorized - 120,000,000 shares; issued - 49,290,717 shares in 2008 and 2007; outstanding - 42,819,061 shares in 2008 and 42,961,679 shares in 2007 | 4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -8,052,000 | 56,937,000 | 42,873,000 | -69,647,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 6,471,656 shares in 2008 and 6,329,038 shares in 2007 | -166,013,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value — at stated capital amount; authorized - 120,000,000 shares; issued - 49,290,717 shares in 2008 and 2007; outstanding - 42,845,360 shares in 2008 and 42,961,679 shares in 2007 | 4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 6,445,357 shares in 2008 and 6,329,038 shares in 2007 | -161,895,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to these consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value - at stated capital amount; authorized - 120,000,000 shares; issued - 49,290,717 shares in 2008 and 2007; outstanding - 42,722,381 shares in 2008 and 42,961,679 shares in 2007 | 4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 6,568,336 shares in 2008 and 6,329,038 shares in 2007 | -164,398,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued taxes, non-current | 34,504,000 | 37,397,000 | 33,778,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares, without par value — at stated capital amount; authorized — 5,000,000 shares; issued and outstanding — none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value — at stated capital amount; authorized — 120,000,000 shares; issued — 49,290,717 shares in 2007 and in 2006; outstanding — 43,119,057 shares in 2007 and 42,806,429 shares in 2006 | 4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 6,171,660 shares in 2007 and 6,484,288 shares in 2006 | -134,545,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
in-process | 52,972,000 | 51,423,000 | 50,736,000 | 51,452,000 | 51,123,000 | 34,474,000 | 31,744,000 | 25,745,000 | 26,061,000 | 23,311,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: accumulated depreciation and amortization | 473,979,000 | 458,242,000 | 449,816,000 | 437,967,000 | 428,271,000 | 413,684,000 | 443,399,000 | 439,129,000 | 421,942,000 | 408,514,000 | 403,286,000 | 396,631,000 | 371,057,000 | 316,272,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value — at stated capital amount; authorized — 120,000,000 shares; issued — 49,290,717 shares in 2007 and in 2006; outstanding — 42,998,180 shares in 2007 and 42,806,429 shares in 2006 | 4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost — 6,292,537 shares in 2007 and 6,484,288 shares in 2006 | -136,945,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value — at stated capital amount; authorized - 120,000,000 shares; issued - 49,290,717 shares in 2007 and 2006; outstanding - 42,880,248 shares in 2007 and 42,806,429 shares in 2006 | 4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 6,410,469 shares in 2007 and 6,484,288 shares in 2006 | -139,233,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventories - sum | 351,144,000 | 204,444,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets - sum | 175,651,000 | 105,448,000 | 98,340,000 | 97,817,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares, without par value – at stated capital amount: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized – 5,000,000 shares in 2006 and 2005; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued and outstanding – none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value – at stated capital amount: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized – 120,000,000 shares in 2006 and 2005; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued – 49,290,717 shares in 2006 and 49,282,306 shares in 2005; | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding – 42,806,429 shares in 2006 and 42,181,021 shares in 2005 | 4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost – 6,484,288 shares in 2006 and 7,101,285 shares in 2005 | -140,689,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued pensions, current | 21,878,000 | 21,279,000 | 777,000 | 14,368,000 | 21,163,000 | 10,000,000 | 20,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred shares, without par value — at stated capital amount: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized — 5,000,000 shares as of september 30, 2006 and december 31, 2005; issued and outstanding — none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common shares, without par value — at stated capital amount: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized — 120,000,000 shares as of september 30, 2006 and december 31, 2005; issued — 49,290,717 shares as of september 30, 2006 and 49,282,306 shares as of december 31, 2005; outstanding — 42,644,533 shares as of september 30, 2006 and 42,181,021 shares as of december 31, 2005 | 4,929,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost — 6,646,184 shares as of september 30, 2006 and 7,101,285 shares as of december 31, 2005 | -143,273,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized - 5,000,000 shares as of june 30, 2006 and december 31, 2005; issued and outstanding — none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized - 120,000,000 shares as of june 30, 2006 and december 31, 2005; issued - 49,282,306 shares as of june 30, 2006 and december 31, 2005; outstanding - 42,580,865 shares as of june 30,2006 and 42,181,021 shares as of december 31, 2005 | 4,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost - 6,701,441 as of june 30, 2006 and 7,101,285 shares as of december 31, 2005 | -144,309,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
taxes, including income taxes | 37,100,000 | 35,789,000 | 37,547,000 | 35,637,000 | 34,487,000 | 36,358,000 | 40,125,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized — 5,000,000 shares as of september 30, 2005 and december 31, 2004; issued and outstanding — none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized — 120,000,000 shares as of september 30, 2005 and december 31, 2004; issued — 49,282,306 shares as of september 30, 2005 and december 31, 2004; outstanding — 42,042,860 shares as of september 30, 2005 and 41,646,657 shares as of december 31, 2004 | 4,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost — 7,239,446 shares as of september 30, 2005 and 7,635,649 shares as of december 31, 2004 | -154,947,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend payable | 7,488,000 | 7,038,000 | 7,008,000 | 6,943,000 | 6,497,000 | 6,630,000 | 6,625,000 | 6,343,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized — 5,000,000 shares as of march 31, 2005 and december 31, 2004; issued and outstanding — none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized — 120,000,000 shares as of march 31, 2005 and december 31, 2004; issued — 49,282,306 shares as of march 31, 2005 and december 31, 2004; outstanding — 41,601,773 shares as of march 31, 2005 and 41,646,657 shares as of december 31, 2004 | 4,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost — 7,680,533 shares as of march 31, 2005 and 7,635,649 shares as of december 31, 2004 | -161,709,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued pension liabilities, current | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued pension liabilities | 38,232,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized – 5,000,000 shares as of september 30, 2004 and december 31, 2003; issued and outstanding – none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized – 120,000,000 shares as of september 30, 2004 and december 31, 2003; issued – 49,282,306 shares as of september 30, 2004 and december 31, 2003; outstanding – 41,397,409 shares as of september 30, 2004 and 40,604,963 shares as of december 31, 2003 | 4,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive | -77,131,000 | -80,965,000 | -80,820,000 | -77,277,000 | -113,758,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost – 7,884,897 shares as of september 30, 2004 and 8,677,343 shares as of december 31, 2003 | -164,950,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized – 5,000,000 shares as of june 30, 2004 and december 31, 2003; issued and outstanding – none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized – 120,000,000 shares as of june 30, 2004 and december 31, 2003; issued – 49,282,306 shares as of june 30, 2004 and december 31, 2003; outstanding – 41,221,020 shares as of june 30, 2004 and 40,604,963 shares as of december 31, 2003 | 4,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost – 8,061,286 shares as of june 30, 2004 and 8,677,343 shares as of december 31, 2003 | -168,421,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized – 5,000,000 shares as of march 31, 2004 and december 31, 2003; issued and outstanding – none | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized – 120,000,000 shares as of march 31, 2004 and december 31, 2003; issued – 49,282,306 shares as of march 31, 2004 and december 31, 2003; outstanding – 40,839,951 shares as of march 31, 2004 and 40,604,963 shares as of december 31, 2003 | 4,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares, at cost – 8,442,355 shares as of march 31, 2004 and 8,677,343 shares as of december 31, 2003 | -176,214,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: accumulated depreciation | 380,395,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable to banks | 11,808,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2002-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 136,022,000 | 122,628,000 | 143,396,000 | 118,487,000 | 140,229,000 | 100,756,000 | 101,708,000 | 123,415,000 | 156,643,000 | 129,343,000 | 137,331,000 | 121,931,000 | 109,146,000 | 109,225,000 | 127,823,000 | 126,030,000 | 74,427,000 | 31,757,000 | 96,105,000 | 74,177,000 | 65,078,000 | 58,479,000 | 26,996,000 | 55,562,000 | 72,461,000 | 85,452,000 | 71,480,000 | 70,539,000 | 68,864,000 | 60,824,000 | 106,126,000 | 60,049,000 | 31,317,000 | 53,638,000 | -60,466,000 | 70,898,000 | 68,354,000 | 45,689,000 | 77,332,000 | 56,453,000 | 66,044,000 | 72,606,000 | 66,806,000 | 64,765,000 | 66,319,000 | 64,243,000 | 55,530,000 | 57,013,000 | 46,910,000 | 32,473,000 | 32,540,000 | 23,728,000 | 24,231,000 | 11,474,000 | -3,594,000 | 69,211,000 | 70,128,000 | 53,477,000 | 49,978,000 | 55,249,000 | 48,000,000 | 51,785,000 | 43,855,000 | 42,619,000 | 36,749,000 | 38,189,000 | 32,112,000 | 22,240,000 | 15,629,000 | 22,997,000 | 23,727,000 | 18,243,000 | 14,074,000 | 14,070,000 | -27,123,000 | |||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization and asset impairment net charges | -70,000 | 536,000 | -5,032,000 | 2,168,000 | 23,687,000 | 64,000 | 3,651,000 | -6,000 | 324,000 | 1,188,000 | 60,000 | -92,000 | 22,000 | 0 | -355,000 | 1,424,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 25,556,000 | 24,744,000 | 24,462,000 | 23,784,000 | 23,143,000 | 22,644,000 | 20,865,000 | 21,586,000 | 21,969,000 | 21,489,000 | 21,917,000 | 21,295,000 | 19,050,000 | 19,250,000 | 19,868,000 | 19,891,000 | 20,588,000 | 22,050,000 | 19,390,000 | 19,118,000 | 19,926,000 | 19,488,000 | 20,050,000 | 21,028,000 | 21,148,000 | 20,351,000 | 18,901,000 | 17,623,000 | 18,189,000 | 18,134,000 | 18,451,000 | 16,263,000 | 16,607,000 | 15,625,000 | 16,179,000 | 15,686,000 | 16,032,000 | 17,117,000 | 17,969,000 | 17,931,000 | 17,326,000 | 17,158,000 | 17,397,000 | 16,435,000 | 16,206,000 | 15,579,000 | 15,740,000 | 16,143,000 | 15,206,000 | 14,062,000 | 14,123,000 | 14,237,000 | 42,333,000 | 27,668,000 | 13,488,000 | 14,553,000 | 14,441,000 | 13,907,000 | 13,263,000 | 13,322,000 | 12,511,000 | 12,008,000 | 12,832,000 | 11,538,000 | 11,447,000 | 11,241,000 | 10,550,000 | 10,316,000 | 10,308,000 | 9,697,000 | 9,413,000 | |||||||||||||||
gain on sale of property | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 11,349,000 | 97,737,000 | -20,504,000 | -5,838,000 | -26,988,000 | -9,476,000 | 3,484,000 | -7,348,000 | -24,127,000 | -573,000 | 10,793,000 | -7,019,000 | -13,804,000 | -12,631,000 | -3,565,000 | -18,207,000 | -128,000 | -7,433,000 | -4,880,000 | -16,115,000 | 7,195,000 | 493,000 | -6,951,000 | -3,685,000 | 1,371,000 | 1,357,000 | 1,317,000 | -525,000 | -2,986,000 | 7,955,000 | -3,267,000 | -4,650,000 | -3,925,000 | -4,238,000 | -51,353,000 | 10,549,000 | -16,886,000 | 6,481,000 | -4,052,000 | 3,726,000 | 1,319,000 | 6,467,000 | 13,237,000 | 12,087,000 | 5,385,000 | -5,223,000 | -1,420,000 | 11,635,000 | 3,776,000 | 2,671,000 | -7,305,000 | 1,563,000 | -3,765,000 | -13,452,000 | -2,133,000 | -1,214,000 | 1,279,000 | -871,000 | -7,239,000 | -4,328,000 | 1,887,000 | 2,496,000 | -1,191,000 | 1,157,000 | 2,740,000 | -538,000 | 2,138,000 | 3,069,000 | ||||||||||||||||||
stock-based compensation | 4,438,000 | 3,633,000 | 3,925,000 | 8,352,000 | 4,549,000 | 1,124,000 | 4,189,000 | 14,190,000 | 4,107,000 | 5,509,000 | 4,981,000 | 11,634,000 | 4,318,000 | 4,609,000 | 5,192,000 | 11,148,000 | 5,572,000 | 5,564,000 | 6,249,000 | 6,402,000 | 3,732,000 | 3,849,000 | 4,116,000 | 3,691,000 | 3,857,000 | 4,596,000 | 4,149,000 | 3,762,000 | 5,402,000 | 4,419,000 | 3,334,000 | 2,673,000 | 2,689,000 | 2,154,000 | 2,053,000 | 1,932,000 | 1,957,000 | 1,683,000 | 2,292,000 | 2,293,000 | 2,532,000 | 2,511,000 | 2,468,000 | 2,246,000 | 2,235,000 | 2,230,000 | 1,786,000 | 1,469,000 | 1,468,000 | 2,244,000 | 2,350,000 | 1,976,000 | 3,546,000 | 2,374,000 | 1,192,000 | 1,112,000 | 1,139,000 | 1,101,000 | 1,046,000 | 1,110,000 | 1,119,000 | 1,179,000 | 1,100,000 | 1,019,000 | 919,000 | 635,000 | 643,000 | 1,254,000 | ||||||||||||||||||
pension settlement net charges | -174,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 5,774,000 | -2,265,000 | -1,136,000 | 282,000 | -10,101,000 | 1,301,000 | -3,084,000 | 5,104,000 | -14,029,000 | -4,726,000 | 3,248,000 | -1,957,000 | -3,965,000 | 6,613,000 | 9,416,000 | -162,000 | -16,221,000 | -4,278,000 | -5,492,000 | 9,016,000 | -5,713,000 | -1,824,000 | 1,729,000 | -4,188,000 | -1,662,000 | -4,628,000 | -1,072,000 | -1,584,000 | -2,125,000 | -4,950,000 | -210,000 | 235,000 | -2,080,000 | 5,000 | 6,865,000 | 1,623,000 | 4,217,000 | 2,407,000 | -4,572,000 | -185,000 | 1,570,000 | 1,013,000 | -1,360,000 | 512,000 | -24,000 | -73,000 | ||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of effects from acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accounts receivable | -35,863,000 | 16,663,000 | 8,285,000 | 10,433,000 | -30,517,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in inventories | 47,051,000 | 5,930,000 | -18,210,000 | -9,416,000 | 64,313,000 | 51,514,000 | 386,000 | 5,881,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other current assets | 55,482,000 | -62,642,000 | -14,758,000 | -1,454,000 | 3,312,000 | -16,587,000 | -8,199,000 | -1,017,000 | -25,152,000 | -3,912,000 | -8,095,000 | -1,789,000 | -8,701,000 | -1,458,000 | 8,937,000 | -10,546,000 | -12,116,000 | -14,427,000 | -1,420,000 | 7,245,000 | -2,067,000 | -8,058,000 | -1,219,000 | -15,966,000 | -5,307,000 | -4,517,000 | 1,933,000 | -4,745,000 | -3,327,000 | -251,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in trade accounts payable | -34,298,000 | 22,463,000 | 3,208,000 | 64,884,000 | 24,999,000 | 3,957,000 | -7,356,000 | -26,238,000 | -5,275,000 | 6,841,000 | -2,720,000 | -24,680,000 | 4,968,000 | 39,284,000 | 27,413,000 | -8,294,000 | 20,950,000 | 42,325,000 | -362,000 | -15,107,000 | 1,670,000 | 3,191,000 | -21,551,000 | -8,306,000 | 17,571,000 | 4,657,000 | -12,108,000 | -20,108,000 | 8,268,000 | -6,958,000 | 23,341,000 | -31,049,000 | 10,484,000 | 55,553,000 | 5,850,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
increase in other current liabilities | -104,548,000 | 9,879,000 | 47,373,000 | 21,206,000 | -34,607,000 | 72,402,000 | 3,029,000 | -8,121,000 | -47,919,000 | 29,226,000 | 18,244,000 | 10,505,000 | -75,037,000 | 19,495,000 | 15,227,000 | 32,116,000 | -21,277,000 | 30,441,000 | 28,862,000 | 30,266,000 | -16,305,000 | 9,446,000 | 15,687,000 | 13,482,000 | 28,301,000 | 8,759,000 | -5,947,000 | 32,174,000 | 3,257,000 | 22,966,000 | 25,102,000 | 18,327,000 | 1,981,000 | 7,635,000 | 38,595,000 | -16,209,000 | 29,412,000 | 38,035,000 | 36,260,000 | 6,967,000 | 45,355,000 | 18,884,000 | 528,000 | 52,859,000 | 9,800,000 | 22,934,000 | 49,464,000 | 7,697,000 | 14,963,000 | 21,486,000 | -3,191,000 | -15,600,000 | -3,855,000 | 50,359,000 | 20,873,000 | 37,305,000 | 17,677,000 | 19,594,000 | 27,831,000 | -55,432,000 | 7,683,000 | 28,084,000 | 18,728,000 | 19,096,000 | 16,247,000 | 15,155,000 | 26,963,000 | 35,408,000 | 11,566,000 | |||||||||||||||||
net change in other assets and liabilities | -9,035,000 | -2,090,000 | -6,525,000 | 6,754,000 | -16,990,000 | -1,662,000 | 23,385,000 | -3,865,000 | 12,728,000 | -6,396,000 | -5,866,000 | -769,000 | 4,644,000 | -8,128,000 | -3,306,000 | -1,407,000 | 6,595,000 | -12,204,000 | 6,467,000 | -3,308,000 | -5,639,000 | 649,000 | 2,359,000 | -1,949,000 | 835,000 | -622,000 | 1,434,000 | 2,382,000 | 1,016,000 | 1,204,000 | -329,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 94,965,000 | 236,687,000 | 143,828,000 | 185,693,000 | 95,795,000 | 199,201,000 | 170,687,000 | 133,294,000 | 121,662,000 | 223,104,000 | 198,845,000 | 123,931,000 | 111,802,000 | 130,283,000 | 98,211,000 | 43,090,000 | 109,938,000 | 109,891,000 | 99,972,000 | 45,262,000 | 135,801,000 | 89,548,000 | 104,041,000 | 21,972,000 | 128,681,000 | 126,107,000 | 25,878,000 | 106,219,000 | 79,781,000 | 43,777,000 | 93,667,000 | 111,409,000 | 100,996,000 | 24,361,000 | 105,366,000 | 77,286,000 | 52,784,000 | 149,448,000 | 155,040,000 | 82,455,000 | 81,722,000 | 79,164,000 | 84,802,000 | 28,838,000 | 16,738,000 | 55,971,000 | 32,147,000 | 15,596,000 | 231,313,000 | 134,225,000 | 71,663,000 | 96,058,000 | 53,162,000 | 67,523,000 | 96,655,000 | 65,109,000 | 42,343,000 | 13,589,000 | 47,761,000 | 27,704,000 | 29,626,000 | 37,630,000 | 43,928,000 | 17,913,000 | -2,449,000 | 10,182,000 | 31,604,000 | 11,923,000 | 25,767,000 | 24,301,000 | 27,746,000 | |||||||||||||||
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -42,946,000 | -31,636,000 | -25,443,000 | -26,949,000 | -31,486,000 | -35,722,000 | -23,139,000 | -26,256,000 | -24,528,000 | -25,907,000 | -21,765,000 | -18,787,000 | -19,582,000 | -17,699,000 | -15,930,000 | -18,672,000 | -16,091,000 | -18,672,000 | -17,832,000 | -9,936,000 | -22,085,000 | -12,105,000 | -13,183,000 | -11,828,000 | -17,038,000 | -20,262,000 | -16,251,000 | -17,363,000 | -16,726,000 | -14,657,000 | -10,828,000 | -14,598,000 | -15,894,000 | -8,885,000 | -10,970,000 | -16,761,000 | -12,456,000 | -15,483,000 | -28,643,000 | 0 | 0 | 0 | 0 | 0 | 0 | -19,718,000 | -13,719,000 | -9,771,000 | -26,285,000 | -20,819,000 | -13,565,000 | -22,381,000 | -18,286,000 | -12,812,000 | -16,137,000 | -13,916,000 | -15,724,000 | -22,684,000 | -21,057,000 | -14,735,000 | -17,526,000 | -14,736,000 | -11,713,000 | -9,722,000 | -18,163,000 | -18,014,000 | -11,482,000 | -8,782,000 | -10,404,000 | -10,602,000 | -5,562,000 | |||||||||||||||
free cash flows | 52,019,000 | 205,051,000 | 118,385,000 | 158,744,000 | 64,309,000 | 163,479,000 | 147,548,000 | 107,038,000 | 97,134,000 | 197,197,000 | 177,080,000 | 105,144,000 | 92,220,000 | 112,584,000 | 82,281,000 | 24,418,000 | 93,847,000 | 91,219,000 | 82,140,000 | 35,326,000 | 113,716,000 | 77,443,000 | 90,858,000 | 10,144,000 | 111,643,000 | 105,845,000 | 9,627,000 | 88,856,000 | 63,055,000 | 29,120,000 | 82,839,000 | 96,811,000 | 85,102,000 | 15,476,000 | 94,396,000 | 60,525,000 | 40,328,000 | 133,965,000 | 126,397,000 | 82,455,000 | 81,722,000 | 79,164,000 | 84,802,000 | 28,838,000 | 16,738,000 | 36,253,000 | 18,428,000 | 5,825,000 | 205,028,000 | 113,406,000 | 58,098,000 | 73,677,000 | 34,876,000 | 54,711,000 | 80,518,000 | 51,193,000 | 26,619,000 | -9,095,000 | 26,704,000 | 12,969,000 | 12,100,000 | 22,894,000 | 32,215,000 | 8,191,000 | -20,612,000 | -7,832,000 | 20,122,000 | 3,141,000 | 15,363,000 | 13,699,000 | 22,184,000 | |||||||||||||||
acquisition of businesses, net of cash acquired | -875,000 | -104,346,000 | 0 | -100,092,000 | 0 | -28,000 | -414,004,000 | -199,000 | -82,000 | -22,013,000 | 2,499,000 | -74,882,000 | 136,600,283 | -28,892,000 | -6,692,792 | 356,000 | 0 | 6,235,000 | 72,395,532 | 71,495,433 | 0 | 33,844,924 | 867,770 | 0 | 0 | -892,000 | 4,882,839 | -260,000 | -4,127,000 | -549,000 | -1,000,000 | -17,558,000 | -3,757,000 | -15,589,000 | -8,675,000 | -1,688,000 | -52,000 | -4,362,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property, plant and equipment | 770,000 | 1,177,000 | 585,000 | 4,646,000 | 5,292,000 | 1,203,000 | 987,000 | 316,000 | 44,898,000 | 704,000 | 578,000 | 3,314,000 | 993,000 | 646,000 | 1,123,000 | 569,000 | 2,934,000 | 1,290,000 | 1,973,000 | 584,000 | 710,000 | 739,000 | 118,000 | 6,100,000 | 779,000 | 8,410,000 | 302,000 | 10,358,000 | 109,000 | 118,000 | 892,000 | 257,000 | 221,000 | 458,000 | 752,000 | 234,000 | 1,187,000 | 11,537,000 | 4,443,000 | 1,066,000 | 204,000 | 487,000 | 105,000 | 200,000 | 128,000 | 210,000 | 154,000 | 707,000 | 142,000 | 1,797,000 | 7,907,000 | 42,000 | 638,000 | 260,000 | 192,000 | 275,000 | 42,000 | 272,000 | 406,000 | 128,000 | 73,000 | |||||||||||||||||||||||||
other investing activities | 0 | 0 | 0 | 6,500,000 | 0 | 0 | 2,000,000 | 0 | -2,103,000 | 0 | 2,024,000 | -777,222 | 0 | 205,000 | 573,000 | 4,215,283 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used by investing activities | -43,051,000 | -134,805,000 | -57,167,000 | -22,303,000 | -25,874,000 | -134,611,000 | -174,806,000 | -25,940,000 | 26,380,000 | -24,763,000 | -60,297,000 | -16,049,000 | -432,434,000 | -17,252,000 | -14,889,000 | -40,116,000 | -10,658,000 | -92,264,000 | -99,582,000 | -2,852,000 | -11,366,000 | -13,065,000 | -5,728,000 | -157,823,000 | -14,341,000 | -87,523,000 | -8,427,000 | -46,203,000 | -16,527,000 | -9,245,000 | -3,946,000 | -20,793,000 | -13,759,000 | -28,699,000 | -23,767,000 | -15,582,000 | -18,921,000 | -5,994,000 | -9,729,000 | -43,693,000 | -21,047,000 | -13,373,000 | -25,863,000 | -33,833,000 | -21,215,000 | -17,419,000 | -13,840,000 | -20,013,000 | -36,754,000 | -21,246,000 | -14,625,000 | -9,981,000 | -13,062,000 | |||||||||||||||||||||||||||||||||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (payments on) on short-term borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from long-term borrowings | 0 | 150,000,000 | 19,000 | 0 | 37,000 | 224,000 | 203,869,000 | 150,000,000 | 2,500,000 | 0 | 0 | 0 | 914,000 | 33,000 | 0 | 30,000 | 330,000 | 163,000 | 0 | 150,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on long-term borrowings | 0 | -100,000,000 | 0 | -169,000 | -169,000 | -169,000 | -400,170,000 | -169,000 | -111,000 | -2,000 | -1,000 | -9,000 | -2,000 | -1,000 | -2,000 | -3,000 | -1,000 | -3,000 | -3,000 | -3,000 | -16,000 | -196,000 | -255,000 | -1,077,000 | -3,559,000 | -2,103,000 | -65,000 | -73,000 | -1,435,000 | 296,611 | -73,000 | -77,000 | -147,000 | -382,000 | -236,000 | -421,000 | -30,782,000 | -30,476,000 | -30,227,000 | 804,967 | -382,000 | -284,000 | -140,000 | 317,000 | -152,000 | -199,000 | -40,108,000 | -1,586,000 | -112,000 | -1,242,000 | -207,000 | -268,000 | -210,000 | -14,792,000 | -201,000 | -645,000 | -585,000 | -3,201,000 | -747,000 | -12,604,000 | -519,000 | -1,050,000 | ||||||||||||||||||||||||
proceeds from exercise of stock options | 1,517,000 | 3,667,000 | 140,000 | 6,254,000 | 1,524,000 | 899,000 | 543,000 | 24,438,000 | 9,066,000 | 1,289,000 | 9,534,000 | 2,476,000 | 4,217,000 | 751,000 | 382,000 | 1,035,000 | 11,311,000 | 2,249,000 | 2,892,000 | 2,780,000 | 9,231,000 | 5,959,000 | 955,000 | 1,047,000 | 5,250,000 | 323,000 | 637,000 | 1,849,000 | 637,000 | 1,962,000 | 936,000 | 4,703,000 | 3,700,000 | 2,015,000 | -4,594,004 | 564,000 | 2,303,000 | 1,733,000 | -5,935,884 | 1,935,000 | 1,054,000 | 2,956,000 | -16,056,703 | 2,873,000 | 3,546,000 | 9,658,000 | -12,676,224 | 483,000 | 4,772,000 | 7,440,000 | 1,012,000 | 3,335,000 | 2,864,000 | 311,000 | 812,000 | 196,000 | 305,000 | 218,000 | 16,000 | -7,112,799 | 1,685,000 | 3,844,000 | 1,591,000 | 1,055,000 | 2,527,000 | 2,636,000 | 2,426,000 | 3,336,000 | 1,330,000 | 3,141,000 | 5,811,000 | |||||||||||||||
purchase of shares for treasury | -51,820,000 | -52,664,000 | -127,130,000 | -106,694,000 | -52,539,000 | -50,392,000 | -50,415,000 | -110,405,000 | -68,176,000 | -45,355,000 | -53,076,000 | -32,158,000 | -25,077,000 | -26,518,000 | -25,119,000 | -104,579,000 | -60,678,000 | -50,160,000 | -25,229,000 | -28,459,000 | -257,000 | -223,000 | -3,213,000 | -109,762,000 | 221,649,307 | -61,028,000 | -85,330,000 | -75,584,000 | 121,275,350 | -71,245,000 | -35,508,000 | -14,724,000 | 22,968,836 | -15,264,000 | 288,251,997 | -85,661,000 | -100,445,000 | -102,488,000 | 297,404,506 | -139,336,000 | -55,615,000 | -102,853,000 | 249,095,822 | -130,070,000 | -68,312,000 | -51,021,000 | 113,473,121 | -43,964,000 | -56,897,000 | -12,780,000 | -10,036,000 | -10,055,000 | -2,869,000 | -343,000 | -343,000 | -343,000 | 23,078,663 | -5,088,000 | 0 | -18,033,000 | 0 | 1,000 | 0 | -8,755,000 | -4,049,000 | 0 | -1,468,000 | -2,057,000 | -843,000 | -25,671,000 | -1,224,000 | |||||||||||||||
cash dividends paid to shareholders | -41,764,000 | -41,572,000 | -41,929,000 | -42,975,000 | -40,164,000 | -40,283,000 | -40,416,000 | -41,280,000 | -36,733,000 | -36,805,000 | -36,889,000 | -37,583,000 | -32,347,000 | -32,463,000 | -32,553,000 | -33,361,000 | -30,134,000 | -30,338,000 | -30,380,000 | -30,999,000 | -29,173,000 | -29,131,000 | -29,139,000 | -30,675,000 | 89,044,080 | -29,061,000 | -29,541,000 | -30,560,000 | 76,571,942 | -25,424,000 | -25,589,000 | -25,661,000 | 68,990,548 | -23,067,000 | 66,092,670 | -21,533,000 | -22,022,000 | -22,625,000 | 65,855,032 | -21,694,000 | -21,919,000 | -22,329,000 | 55,321,739 | -18,276,000 | -18,496,000 | -18,623,000 | 32,937,723 | -16,407,000 | -11,829,000 | -11,870,000 | -11,885,000 | -34,347,000 | -22,894,000 | -11,444,000 | 32,028,244 | -10,691,000 | -10,660,000 | -10,720,000 | -9,473,000 | -9,446,000 | -9,422,000 | -9,403,000 | -8,097,000 | -8,101,000 | -8,063,000 | -8,014,000 | ||||||||||||||||||||
other financing activities | 0 | 0 | -372,000 | 0 | -14,438,000 | -3,806,000 | -44,000 | -7,976,000 | -20,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash used by financing activities | -36,493,000 | -107,685,000 | -173,221,000 | -144,488,000 | 66,154,000 | -93,052,000 | -125,400,000 | -84,484,000 | -115,582,000 | -111,316,000 | -115,060,000 | -81,769,000 | -40,597,000 | -65,828,000 | -47,117,000 | -53,624,000 | -55,371,000 | -18,824,000 | -71,625,000 | -114,079,000 | -41,613,000 | -112,383,000 | -84,568,000 | -105,510,000 | -97,846,000 | -60,187,000 | -38,486,000 | -38,161,000 | -76,610,000 | 5,474,000 | -104,791,000 | 10,054,000 | -39,911,000 | -21,422,000 | -64,271,000 | -87,015,000 | -75,422,000 | -55,586,000 | -72,527,000 | -625,000 | -34,218,000 | -23,663,000 | -16,480,000 | -71,632,000 | -53,381,000 | -40,628,000 | -20,820,000 | 10,246,000 | -27,438,000 | -6,121,000 | 1,202,000 | -48,201,000 | -2,471,000 | -3,707,000 | -6,141,000 | -5,410,000 | 4,308,000 | |||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 371,000 | -681,000 | -8,664,000 | -1,459,000 | -4,535,000 | 802,000 | -5,135,000 | -763,000 | 4,088,000 | 8,327,000 | -1,286,000 | 5,087,000 | 5,324,000 | -9,460,000 | -3,130,000 | -962,000 | -1,053,000 | -835,000 | 1,992,000 | -2,192,000 | 6,877,000 | 2,867,000 | 2,783,000 | -10,819,000 | -4,396,000 | 883,000 | 1,866,000 | -39,000 | -12,940,000 | 2,947,000 | 6,035,000 | -549,000 | -2,924,000 | 5,670,000 | -17,609,000 | 2,872,000 | -11,479,000 | -5,993,000 | 1,732,000 | -18,888,000 | 3,165,000 | -2,971,000 | -1,654,000 | 2,685,000 | 1,764,000 | 3,358,000 | 5,804,000 | -5,197,000 | -915,000 | 5,647,000 | 2,770,000 | -1,542,000 | -5,142,000 | 929,000 | 1,601,000 | 2,124,000 | 974,000 | 195,000 | -63,000 | -2,324,000 | 2,121,000 | 1,235,000 | -1,516,000 | -464,000 | -1,813,000 | 832,000 | 2,929,000 | 47,000 | -723,000 | 2,367,000 | 165,000 | -2,286,000 | ||||||||||||||
increase in cash and cash equivalents | 15,792,000 | 17,443,000 | -26,956,000 | 131,546,000 | -102,306,000 | -18,809,000 | 51,120,000 | 122,184,000 | 21,680,000 | 1,653,000 | 202,077,714 | -33,249,000 | -77,273,000 | -91,715,000 | -71,466,852 | 41,106,000 | -11,962,000 | 42,355,000 | 47,329,996 | 19,909,000 | 16,023,000 | -83,187,000 | -85,940,196 | 51,608,000 | 23,720,000 | 10,638,000 | 20,280,554 | -43,831,639 | 8,636,000 | -2,707,000 | -11,528,000 | 121,635,000 | 62,567,000 | 16,120,000 | -95,141,050 | 44,233,000 | 30,504,000 | 20,471,000 | -5,838,000 | 75,239,000 | 53,445,000 | -25,676,000 | -25,699,000 | 20,484,000 | 9,371,000 | 8,049,000 | 1,826,000 | 25,797,000 | -62,306,000 | 49,871,000 | -17,387,000 | -13,027,000 | -27,656,000 | 7,897,000 | 150,887,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 0 | 377,262,000 | 0 | 0 | 0 | 393,787,000 | 0 | 0 | 0 | 197,150,000 | 0 | 0 | 0 | 192,958,000 | 0 | 0 | 0 | 257,279,000 | 0 | 0 | 0 | 199,563,000 | 0 | 0 | 358,849,000 | 0 | 0 | 326,701,000 | 0 | 0 | 0 | 304,183,000 | 0 | 0 | 278,379,000 | 0 | 0 | 299,825,000 | 0 | 0 | 286,464,000 | 0 | 0 | 361,101,000 | 0 | 0 | 366,193,000 | 0 | 0 | 388,136,000 | 284,332,000 | 284,332,000 | 284,332,000 | 0 | 0 | 217,382,000 | 170,510,000 | 0 | 23,493,000 | |||||||||||||||||||||||||
cash and cash equivalents at end of period | 15,792,000 | -6,484,000 | -95,224,000 | 394,705,000 | -26,956,000 | 131,546,000 | -102,306,000 | 374,978,000 | 51,120,000 | 122,184,000 | 21,680,000 | 198,803,000 | 55,843,000 | -11,489,000 | -1,577,000 | 154,373,000 | 32,399,000 | -30,325,000 | -51,242,000 | 242,126,000 | 104,800,000 | 9,424,000 | -20,320,000 | 163,375,000 | -33,249,000 | -77,273,000 | 267,134,000 | 41,106,000 | -11,962,000 | 369,056,000 | -96,282,000 | 19,909,000 | 16,023,000 | 220,996,000 | 51,608,000 | 23,720,000 | 289,017,000 | 75,238,000 | -1,102,000 | 205,387,000 | 73,920,000 | 7,934,000 | 248,455,000 | 32,712,000 | 7,125,000 | 300,838,000 | -16,455,000 | -3,500,000 | 341,415,000 | 8,636,000 | -2,707,000 | 376,608,000 | 405,967,000 | 346,899,000 | 300,452,000 | 44,233,000 | 30,504,000 | 237,853,000 | 75,239,000 | 53,445,000 | 94,536,000 | 20,484,000 | 9,371,000 | 116,056,000 | 25,797,000 | -62,306,000 | 142,690,000 | -13,027,000 | 10,680,000 | 169,178,000 | 7,897,000 | 174,380,000 | ||||||||||||||
increase in inventories | -39,574,000 | -27,481,000 | -20,167,000 | -22,984,000 | -57,187,000 | -55,407,000 | -25,491,000 | -45,670,000 | -40,618,000 | -42,568,000 | 26,948,000 | -12,977,000 | -17,401,000 | -8,709,000 | -13,129,000 | -14,638,000 | -13,634,000 | 153,000 | -28,052,000 | 2,231,000 | 7,819,000 | -4,712,000 | -10,780,000 | -16,233,000 | 6,302,000 | -2,298,000 | -15,157,000 | 2,419,000 | 4,026,000 | -16,334,000 | -11,139,000 | -23,055,000 | -23,017,000 | -42,969,000 | -9,954,000 | -26,970,000 | 5,880,000 | -18,116,000 | -2,317,000 | -5,554,000 | -24,331,000 | -25,097,000 | 3,446,000 | -7,829,000 | -17,226,000 | |||||||||||||||||||||||||||||||||||||||||
proceeds from short-term borrowings | -86,000 | 126,000 | 0 | 597,000 | 1,295,000 | 8,889,000 | 212,000 | 1,517,000 | 6,984,000 | 133,000 | 1,018,000 | 274,000 | 124,000 | 390,000 | 222,000 | 790,000 | 1,279,000 | 3,401,000 | 4,001,000 | 4,780,000 | 6,266,000 | 4,104,000 | 10,644,000 | 19,438,000 | 10,263,000 | 7,065,000 | 6,589,000 | 7,912,000 | 3,394,000 | 0 | 0 | -274,000 | 12,324,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts receivable | -18,100,000 | -34,108,000 | -4,881,000 | -9,603,000 | 8,774,000 | -27,664,000 | 39,390,000 | -17,839,000 | -86,120,000 | 5,368,000 | 16,359,000 | -21,776,000 | -65,795,000 | -25,698,000 | 5,629,000 | -26,900,000 | 14,415,000 | 561,000 | -40,468,000 | 15,706,000 | 10,437,000 | -5,801,000 | -16,592,000 | 11,695,000 | -25,377,000 | 20,953,000 | 544,000 | -43,885,000 | 25,385,000 | 23,218,000 | -66,585,000 | 1,274,000 | -9,593,000 | -40,279,000 | 28,749,000 | -24,529,000 | -37,174,000 | -18,025,000 | -35,734,000 | 8,703,000 | 7,378,000 | -19,523,000 | -36,277,000 | -5,001,000 | -906,000 | -21,633,000 | ||||||||||||||||||||||||||||||||||||||||
payments on short-term borrowings | -1,752,000 | -5,000 | -1,747,000 | -300,000 | -959,000 | -563,000 | -1,771,000 | -2,194,000 | -4,774,000 | -1,549,000 | -1,685,000 | -8,229,000 | -79,000 | -198,000 | -1,455,000 | -4,852,000 | -1,422,000 | -13,642,000 | -23,965,000 | -9,694,000 | -5,025,000 | -4,340,000 | 0 | -713,000 | -991,000 | 0 | -13,000 | -2,134,000 | -133,000 | 0 | -925,000 | -386,000 | -106,000 | -24,000 | 274,000 | -13,170,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -11,489,000 | -1,577,000 | -38,585,000 | -30,325,000 | -51,242,000 | -15,153,000 | 9,424,000 | -20,320,000 | -36,188,000 | -1,102,000 | -94,438,000 | 7,934,000 | -38,009,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in other current assets | 2,057,000 | 3,331,000 | 6,684,000 | 4,786,000 | -2,124,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(payments on) proceeds from short-term borrowings | -904,000 | -5,055,000 | -2,594,000 | -28,284,000 | -43,940,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in other current assets | -1,461,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used by) provided by financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in trade accounts payable | -2,218,000 | -23,439,000 | -16,676,000 | -3,412,000 | -18,301,000 | -12,916,000 | 3,915,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of marketable securities | 468,000 | -6,453,000 | -576,000 | -49,668,000 | -129,122,000 | -89,545,000 | 145,347,416 | -75,619,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (payments on) short-term borrowings | 2,016,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(payments on) proceeds from long-term borrowings | -112,000 | -1,019,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity (earnings) loss in affiliates | -436,000 | -168,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity earnings in affiliates | -106,000 | -188,000 | -174,000 | 434,000 | -67,000 | -113,000 | -100,000 | -108,000 | -114,000 | -177,000 | -85,000 | -80,000 | -81,000 | -162,000 | -49,000 | -769,000 | -448,000 | -50,000 | -839,000 | -538,000 | -141,000 | -6,000 | -56,000 | -2,000 | 236,000 | -272,000 | -216,000 | -404,000 | -701,000 | -796,000 | -431,000 | -512,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests in subsidiaries' income | 28,000 | 1,000 | -17,000 | 0 | 175,000 | -44,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income including non-controlling interests | 121,959,000 | 109,146,000 | 109,225,000 | 127,822,000 | 126,031,000 | 74,410,000 | 31,757,000 | 96,280,000 | 74,133,000 | 65,070,000 | 58,506,000 | 27,013,000 | 55,555,000 | 72,457,000 | 85,444,000 | 71,466,000 | 70,535,000 | 68,859,000 | 60,820,000 | 106,111,000 | 60,039,000 | 31,309,000 | 53,624,000 | -60,481,000 | 70,876,000 | 68,318,000 | 44,832,000 | 77,289,000 | 56,424,000 | 64,252,000 | 72,527,000 | 66,843,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income including non-controlling interests to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension settlement charges | 46,404,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (payments on) long-term borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from (used by) financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in borrowings | -56,830,000 | -24,479,000 | 96,308,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization and asset impairment net gains | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization and asset impairment net | 108,000 | 212,000 | -236,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on change in control | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due banks | 31,132,000 | -144,000 | 1,307,000 | -2,127,000 | -46,437,000 | -82,582,000 | 99,400,000 | -27,543,000 | -855,000 | 276,000 | -60,000 | -410,000 | 24,305,000 | 138,035,000 | 21,055,000 | -39,540,000 | -101,919,000 | 104,370,000 | 75,887,000 | -519,000 | 590,000 | 282,000 | -1,112,000 | -280,000 | -13,828,000 | -5,288,000 | 1,389,000 | -2,373,000 | -692,000 | -672,000 | 6,738,449 | -9,301,000 | 6,193,000 | -3,636,000 | -2,215,000 | -4,853,000 | 5,947,000 | -1,599,000 | 4,614,000 | 2,639,000 | -3,001,000 | -4,137,000 | 1,737,000 | 1,221,000 | 2,893,000 | |||||||||||||||||||||||||||||||||||||||||
net impact of u.s. tax act | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from marketable securities | 89,445,000 | 126,767,000 | 131,966,000 | 200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used by) provided by investing activities | -45,151,000 | -119,695,000 | -13,949,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests in subsidiaries’ income | 27,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income including non-controlling interests to net cash provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests in subsidiaries’ loss | -7,000 | -4,000 | -8,000 | -14,000 | -4,000 | -15,000 | -10,000 | -8,000 | -14,000 | -15,000 | -22,000 | -36,000 | -857,000 | -1,792,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from (used by) investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of marketable securities, net of proceeds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in accounts receivable | 57,583,000 | 40,533,000 | 31,417,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in other current assets | -7,908,000 | 4,975,000 | 25,657,000 | 3,654,000 | 20,099,000 | 15,808,000 | 8,473,000 | -516,000 | 3,896,000 | 1,190,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bargain purchase gain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension expense and settlement charges | 3,781,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from (used by) investing activities | 32,772,000 | -18,616,000 | 34,117,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
standard | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asu no. 2017-12, derivatives and hedging (topic 815): targeted improvements to accounting for hedging activities, issued august 2017. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interests in subsidiaries’ earnings | -4,000 | -29,000 | 37,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization and asset impairment charges | 676,000 | 6,090,000 | 0 | 30,000 | 28,588,000 | 4,695,000 | 240,000 | 114,000 | 0 | -204,000 | 227,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension | -122,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asu no. 2017-07, compensation - retirement benefits (topic 715): improving the presentation of net period pension cost and net periodic postretirement benefit cost, issued march 2017. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asu no. 2017-01, business combinations (topic 805): clarifying the definition of a business, issued january 2017. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asu no. 2016-18, statement of cash flows(topic 230): restricted cash, issued november 2016. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asu no. 2016-16, income taxes (topic 740): intra-entity transfers of assets other than inventory, issued october 2016. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asu 2016-15, statement of cash flows (topic 230): classification of certain cash receipts and cash payments, issued august 2016. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on deconsolidation of venezuelan subsidiary | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension contributions and payments | -1,556,000 | -582,000 | -712,000 | -20,865,000 | -4,416,000 | -26,471,000 | -21,234,000 | -10,479,000 | -2,083,000 | -22,081,000 | -3,066,000 | -26,030,000 | -55,321,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension expense | 5,112,000 | 4,144,000 | 4,925,000 | 5,679,000 | 4,158,000 | 2,676,000 | 2,800,000 | 7,326,000 | 7,320,000 | 7,615,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in other long-term assets and liabilities | 1,854,000 | -272,000 | -460,000 | -1,381,000 | -163,000 | 2,194,000 | -835,000 | -4,483,000 | 1,007,000 | 2,570,000 | -2,136,000 | -236,000 | -537,000 | 4,402,000 | -1,649,000 | -6,733,000 | 520,000 | 2,240,000 | 857,000 | 2,944,000 | -5,331,000 | -383,000 | 3,933,000 | -1,400,000 | 1,293,000 | -317,000 | 2,705,000 | -1,872,000 | -231,000 | -1,596,000 | 1,048,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefits from stock-based compensation | 1,892,000 | 1,165,000 | 357,000 | 194,000 | 756,000 | 537,000 | 883,000 | 826,000 | 1,652,000 | 1,508,000 | 1,476,000 | 3,989,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
numerator: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
denominator | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic weighted-average shares outstanding | -1,704,000 | -1,404,000 | 69,585,000 | -1,246,000 | -1,242,000 | 76,242,000 | -1,056,000 | -775,000 | 80,648,000 | 82,719,000 | -410,000 | -124,000 | 83,452,000 | 42,372,000 | 70,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of dilutive securities - stock options and awards | -4,000 | 48,000 | 661,000 | -44,000 | 817,000 | 8,000 | -68,000 | 968,000 | 1,067,000 | -122,000 | -36,000 | 1,156,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted weighted-average shares outstanding | -1,708,000 | -1,356,000 | 70,246,000 | -2,019,000 | -1,286,000 | 77,059,000 | -1,048,000 | -843,000 | 81,616,000 | 83,786,000 | -532,000 | -160,000 | 84,608,000 | 42,568,000 | 36,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 440 | -310 | 770 | -1,770 | 50 | 900 | -390 | 270 | 700 | 810 | -20 | 30 | 770 | -80 | -20 | -130 | 170 | 1,120 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | 440 | -310 | 760 | -1,760 | 50 | 890 | -390 | 270 | 690 | 800 | -20 | 30 | 760 | -80 | -20 | -120 | 160 | 1,110 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
denominator: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock-based compensation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange (gain) loss | -4,082,000 | -1,332,000 | -7,850,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease (increase) in inventories | 26,284,000 | 105,876,000 | 88,248,000 | 37,163,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of property, plant and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transactions with non-controlling interests | 2,327,670 | 0 | 0 | -2,330,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign exchange gain | -1,189,000 | 3,007,000 | 18,150,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income including non-controlling interests to net cash provided (used) by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization and asset impairment (gains) charges | -35,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by operating activities | 13,631,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(payments) proceeds on short-term borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of terminated interest rate swaps | -470,000 | -466,000 | -460,000 | -1,271,000 | -801,000 | -335,000 | -238,000 | -246,000 | -233,000 | -241,000 | -238,000 | -401,000 | -533,000 | -534,000 | -528,000 | -522,000 | -534,000 | -528,000 | -522,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income including non-controlling interests to net cash (used) provided by operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) provided by operating activities | -20,148,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from exercise of stock options | -5,586,181 | 140,000 | 2,471,000 | 2,983,000 | 300,000 | 1,312,000 | 715,000 | 99,000 | 292,000 | 78,000 | 105,000 | 74,000 | 2,000 | -3,412,272 | 708,000 | 1,889,000 | 819,000 | -712,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests in subsidiaries’ loss | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income including noncontrolling interests | 64,736,000 | 66,365,000 | 64,149,000 | 55,358,000 | 57,022,000 | 46,942,000 | 32,628,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income including noncontrolling interests to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of pension actuarial losses and prior service cost | 7,750,000 | 7,726,000 | 7,772,000 | 5,428,000 | 5,460,000 | 5,457,000 | 5,189,000 | 5,063,000 | 5,311,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash items | 402,000 | 2,103,000 | 549,000 | 740,000 | 1,018,000 | 5,672,000 | -3,109,000 | 2,135,000 | 1,649,000 | 5,854,000 | 811,000 | 1,527,000 | 1,669,000 | 480,000 | -1,646,000 | 933,000 | -503,000 | 211,000 | 2,480,000 | -856,000 | -924,000 | 246,000 | -30,000 | -6,204,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accrued pensions | -11,101,000 | -10,558,000 | -7,582,000 | -30,488,000 | -18,951,000 | -6,504,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests in subsidiaries’ earnings | 9,000 | 32,000 | 155,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset impairment charges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity loss (earnings) in affiliates | 443,000 | 8,954,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended september 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales | 23,526,000 | 40,899,000 | 280,757,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inter-segment sales | -4,152,000 | 2,095,000 | 35,127,000 | 3,274,000 | 24,908,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total | 19,374,000 | 42,994,000 | 315,884,000 | 25,748,000 | 256,243,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ebit, as adjusted | -4,684,000 | 11,484,000 | 46,636,000 | 9,305,000 | 30,996,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
special items charge | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ebit | -4,684,000 | 11,484,000 | 46,636,000 | 9,305,000 | 30,996,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended september 30, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nine months ended september 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | 86,026,000 | 60,784,000 | 959,142,000 | -939,000 | 879,670,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nine months ended september 30, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended june 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended june 30, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
six months ended june 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
six months ended june 30, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended march 31, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended march 31, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization gains | -119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to equity investment in affiliates | -488,000 | -488,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales to unaffiliated customers | 22,474,000 | 231,335,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
special items | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended june 30, 2009 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
six months ended june 30, 2009 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accounts payable | 38,316,000 | -16,389,000 | -24,943,000 | -4,382,000 | -9,120,000 | 6,385,000 | 31,172,000 | -27,861,000 | -752,000 | 15,281,000 | 6,071,000 | -20,981,000 | -3,100,000 | 30,924,000 | -13,029,000 | -1,268,000 | 16,843,000 | -13,928,000 | 17,107,000 | 19,312,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended march 31, 2010: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended march 31, 2009: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of actuarial losses and prior service cost | 14,092,000 | 10,186,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax of 865 in 2009 and (1,023) in 2008 | 413,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrecognized amounts from defined benefit pension plans, net of tax of 2,333 in 2009 and 189 in 2008 | 3,812,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
currency translation adjustment | 21,019,000 | 47,046,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | 38,001,000 | 67,701,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to noncontrolling interests | 77,000 | -854,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to lincoln electric holdings, inc. | 38,078,000 | 66,847,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax of (99) in 2009 and 353 in 2008 | -336,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrecognized amounts from defined benefit pension plans, net of tax of 2,454 in 2009 and 313 in 2008 | 5,923,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity losses of affiliates | 3,254,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of dilutive securities — stock options and awards | 196,000 | -34,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses, net of cash acquired | -25,002,000 | -407,000 | -2,859,000 | -6,392,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rationalization charges | 0 | 0 | 396,000 | 472,000 | 665,000 | 1,292,000 | 1,049,000 | 0 | 0 | 1,250,000 | 10,468,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity earnings of affiliates | -2,913,000 | -1,544,000 | -2,187,000 | -1,950,000 | -1,658,000 | 67,000 | -1,675,000 | -1,030,000 | -534,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in pension assets and liabilities | -4,814,000 | -6,118,000 | -6,640,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note e — comprehensive income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the components of comprehensive income are as follows: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on derivatives designated and qualifying as cash flow hedges, net of tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrecognized amounts from defined benefit pension plans, net of tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity losses (earnings) of affiliates | 4,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to these consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities net of effects from acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in accounts receivable | -2,748,000 | -11,024,000 | -35,370,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions to pension plans | -1,897,000 | -5,217,000 | -5,178,000 | -847,000 | -3,259,000 | -8,897,000 | -7,500,000 | -11,500,000 | -10,000,000 | -10,000,000 | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued pensions | -110,000 | 735,000 | 290,000 | 3,853,000 | 3,758,000 | 4,876,000 | 3,761,000 | -4,770,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from the exercise of stock options | 2,240,000 | 496,000 | 1,396,000 | 796,000 | 989,000 | 2,062,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 0 | 120,212,000 | 0 | 0 | 0 | 108,007,000 | 0 | 0 | 92,819,000 | -56,625,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
denominator for basic earnings per share — weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of dilutive securities — employee stock options | 8,000 | 506,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
denominator for diluted earnings per share — adjusted weighted-average shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity (earnings) losses of affiliates | -1,134,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
denominator for basic earnings per share - weighted-average shares outstanding | 42,843,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
denominator for diluted earnings per share - adjusted weighted-average shares outstanding | 43,349,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property, plant and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of marketable securities | 0 | 0 | 65,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of marketable securities | 0 | 0 | -15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of fixed assets | 218,000 | 517,000 | 124,000 | 2,970,000 | 785,000 | 61,000 | 1,980,000 | 1,250,000 | 141,000 | 217,000 | 926,000 | 404,000 | 509,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income, as reported | 6,076,000 | 9,872,000 | 22,240,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
add: stock-based employee compensation expense included in reported net income, net of related tax effects | 10,000 | -399,000 | 784,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deduct: total stock-based employee compensation expense determined under fair value based method for all awards granted, net of related tax effects | -19,000 | 877,000 | -1,365,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma net income | 6,067,000 | 10,350,000 | 21,659,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic, as reported | 140 | 240 | 530 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic, pro forma | 140 | 250 | 520 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted, as reported | 130 | 240 | 530 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted, pro forma | 140 | 250 | 510 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 455,000 | -199,000 | 41,676,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 491,000 | -243,000 | 42,088,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) provided by investing activities | -17,402,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of the effects from acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross change in other long-term assets and liabilities | 4,647,000 | -662,000 | -1,504,000 | 3,938,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares from treasury for stock options | 10,652,000 | 5,783,000 | 1,809,000 | 8,736,000 | 4,279,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends paid | -7,485,000 | -7,489,000 | -7,496,000 | -7,038,000 | -7,008,000 | -6,942,000 | -6,497,000 | -6,630,000 | -6,633,000 | -6,355,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in non-current accrued pensions | 417,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | 40,839,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) by financing activities | -7,068,000 | -3,673,000 | -3,457,000 | -4,021,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of businesses and equity investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due banks – net | 7,000 | -213,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from termination of interest rate swaps | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares from treasury | 4,379,000 | 1,338,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) provided by financing activities | -42,595,000 | -6,588,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued pension expense | 2,774,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends received from equity affiliates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used) by investing activities | -22,465,000 | -17,514,000 | -8,511,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due banks — net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the exercise of stock options | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity earnings of affiliates, net of dividends | -1,003,000 | -919,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of the effects from acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of fixed assets | 66,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(increase) in inventories | -6,446,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in accrued pension expense | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(decrease) in cash and cash equivalents | -1,332,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition | -8,009,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
termination of interest rate swaps | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts due bank — net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable to banks — net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by financing activities | 138,489,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of a change in accounting principle, net of tax | 37,607,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable to banks – net | -709,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchase) issuance of shares for treasury | -2,478,000 |