Sensient Technologies Corporation
(NYSE:SXT)

Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, the Asia Pacific, and internationally. It operates through three segments: Flavors & Extracts Group, Color Group, and Asia...

Website: http://www.sensient.com

Founded: 1882

Full Time Employees: 4,058

Sector: Basic Materials

Industry: Specialty Chemicals

Materials

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Unit: USD	2026-03-31	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	2014-09-30	2014-06-30	2014-03-31	2013-12-31	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	2010-12-31	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	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2003-12-31

revenue	435,834,000	393,447,000	412,109,000	414,230,000	392,325,000	376,420,000	392,613,000	403,525,000	384,670,000	349,302,000	363,829,000	374,313,000	369,006,000	348,736,000	361,076,000	371,706,000	355,521,000	340,448,000	344,287,000	335,827,000	359,702,000	334,668,000	323,566,000	323,090,000	350,677,000	318,585,000	317,650,000	339,186,000	347,513,000	324,563,000	342,734,000	363,041,000	356,477,000	328,874,000	353,519,000	338,475,000	341,397,000	330,244,000	349,662,000	360,836,000	342,468,000	339,196,000	344,533,000	346,009,000	346,226,000	364,504,000	374,666,000	368,131,000	351,111,000	371,993,000	378,806,000	365,640,000	369,371,000	367,777,000	365,660,000	363,751,000	376,994,000	349,686,000	339,267,000	340,868,000	333,969,000	314,076,000	303,179,000	303,959,000	282,824,000	318,601,000	332,795,000	307,419,000	300,889,000	294,311,000	304,310,000	285,268,000	272,760,000	280,878,000	282,212,000	262,924,000	256,416,000	263,750,000	250,877,000
yoy	11.09%	4.52%	4.97%	2.65%	1.99%	7.76%	7.91%	7.80%	4.24%	0.16%	0.76%	0.70%	3.79%	2.43%	4.88%	10.68%	-1.16%	1.73%	6.40%	3.94%	2.57%	5.05%	1.86%	-4.75%	0.91%	-1.84%	-7.32%	-6.57%	-2.51%	-1.31%	-3.05%	7.26%	4.42%	-0.41%	1.10%	-6.20%	-0.31%	-2.64%	1.49%	4.29%	-1.09%	-6.94%	-8.04%	-6.01%	-1.39%	-2.01%	-1.09%	0.68%	-4.94%	1.15%	3.60%	0.52%	-2.02%	5.17%	7.78%	6.71%	12.88%	11.34%	11.90%	12.14%	18.08%	-1.42%	-8.90%	-1.13%	-6.00%	8.25%	9.36%	7.76%	10.31%	4.78%	7.83%	8.50%	6.37%	6.49%	12.49%
qoq	10.77%	-4.53%	-0.51%	5.58%	4.23%	-4.12%	-2.70%	4.90%	10.13%	-3.99%	-2.80%	1.44%	5.81%	-3.42%	-2.86%	4.55%	4.43%	-1.12%	2.52%	-6.64%	7.48%	3.43%	0.15%	-7.87%	10.07%	0.29%	-6.35%	-2.40%	7.07%	-5.30%	-5.59%	1.84%	8.39%	-6.97%	4.44%	-0.86%	3.38%	-5.55%	-3.10%	5.36%	0.96%	-1.55%	-0.43%	-0.06%	-5.01%	-2.71%	1.78%	4.85%	-5.61%	-1.80%	3.60%	-1.01%	0.43%	0.58%	0.52%	-3.51%	7.81%	3.07%	-0.47%	2.07%	6.33%	3.59%	-0.26%	7.47%	-11.23%	-4.27%	8.25%	2.17%	2.24%	-3.29%	6.68%	4.59%	-2.89%	-0.47%	7.34%	2.54%	-2.78%	5.13%
cost of products sold	283,146,000	270,098,000	270,767,000	271,398,000	260,548,000	257,002,000	262,209,000	272,803,000	258,121,000	249,472,000	250,202,000	252,136,000	244,343,000	237,232,000	239,318,000	240,703,000	230,675,000	228,065,000	229,216,000	224,233,000	244,089,000	230,674,000	217,920,000	220,876,000	238,784,000	233,105,000	215,250,000	227,418,000	232,288,000	218,548,000	227,161,000	241,571,000	233,406,000	216,289,000	230,784,000	219,250,000	220,452,000	217,657,000	227,099,000	236,402,000	226,625,000	233,123,000	231,761,000	227,854,000	228,793,000	243,003,000	245,002,000	243,623,000	234,926,000	251,934,000	256,285,000	248,503,000	251,778,000	247,822,000	250,328,000	249,086,000	257,851,000	241,979,000	237,091,000	234,592,000	229,008,000	219,130,000	210,103,000	209,269,000	196,294,000	222,705,000	231,073,000	211,777,000	208,199,000	205,326,000	209,834,000	199,120,000	189,036,000	197,274,000	196,711,000	183,485,000	183,370,000	184,320,000	176,297,000
selling and administrative expenses	85,960,000	85,163,000	83,636,000	85,126,000	78,247,000	77,422,000	79,884,000	81,065,000	77,143,000	91,767,000	69,096,000	70,586,000	73,825,000	70,279,000	74,265,000	75,759,000	72,057,000	71,963,000	68,113,000	75,841,000	68,716,000	69,179,000	64,491,000	60,089,000	77,332,000	99,946,000	63,612,000	64,400,000	65,805,000	60,763,000	65,309,000	69,289,000	67,390,000	65,206,000	70,725,000	74,845,000	96,908,000	69,313,000	71,412,000	80,769,000	68,324,000	74,465,000	69,552,000	73,088,000	70,987,000	85,407,000	81,455,000	122,929,000	77,629,000	71,269,000	73,843,000	80,799,000	66,892,000	65,657,000	68,843,000	64,722,000	64,810,000	64,110,000	61,160,000	58,516,000	57,815,000	56,291,000	54,104,000	51,433,000	48,146,000	55,041,000	56,869,000	56,009,000	57,652,000	50,856,000	54,485,000	51,936,000	53,891,000	50,063,000	50,373,000	48,664,000	45,560,000	48,824,000	49,702,000
operating income	66,728,000	38,186,000	57,706,000	57,706,000	53,530,000	41,996,000	50,520,000	49,657,000	49,406,000	8,063,000	44,531,000	51,591,000	50,838,000	41,225,000	47,493,000	55,244,000	52,789,000	40,420,000	46,958,000	35,753,000	46,897,000	34,815,000	41,155,000	42,125,000	34,561,000	-14,466,000	38,788,000	47,368,000	49,420,000	45,252,000	50,264,000	52,181,000	55,681,000	47,379,000	52,010,000	44,380,000	24,037,000	43,274,000	51,151,000	43,665,000	47,519,000	31,608,000	43,220,000	45,067,000	46,446,000	36,094,000	48,209,000	1,579,000	38,556,000	48,790,000	48,678,000	36,338,000	50,701,000	54,298,000	46,489,000	49,943,000	54,333,000	43,597,000	41,016,000	47,760,000	47,146,000	38,655,000	38,972,000	43,257,000	38,384,000	40,855,000	44,853,000	39,633,000	35,038,000	38,129,000	39,991,000	34,212,000	29,833,000	33,541,000	35,128,000	30,775,000	27,486,000	30,606,000	24,878,000
yoy	24.66%	-9.07%	14.22%	16.21%	8.35%	420.85%	13.45%	-3.75%	-2.82%	-80.44%	-6.24%	-6.61%	-3.70%	1.99%	1.14%	54.52%	12.56%	16.10%	14.10%	-15.13%	35.69%	-340.67%	6.10%	-11.07%	-30.07%	-131.97%	-22.83%	-9.22%	-11.24%	-4.49%	-3.36%	17.58%	131.65%	9.49%	1.68%	1.64%	-49.42%	36.91%	18.35%	-3.11%	2.31%	-12.43%	-10.35%	2754.15%	20.46%	-26.02%	-0.96%	-95.65%	-23.95%	-10.14%	4.71%	-27.24%	-6.68%	24.55%	13.34%	4.57%	15.24%	12.78%	5.24%	10.41%	22.83%	-5.38%	-13.11%	9.14%	9.55%	7.15%	12.16%	15.85%	17.45%	13.68%	13.84%	11.17%	8.54%	9.59%	41.20%
qoq	74.74%	-33.83%	0.00%	7.80%	27.46%	-16.87%	1.74%	0.51%	512.75%	-81.89%	-13.68%	1.48%	23.32%	-13.20%	-14.03%	4.65%	30.60%	-13.92%	31.34%	-23.76%	34.70%	-15.41%	-2.30%	21.89%	-338.91%	-137.30%	-18.11%	-4.15%	9.21%	-9.97%	-3.67%	-6.29%	17.52%	-8.90%	17.19%	84.63%	-44.45%	-15.40%	17.14%	-8.11%	50.34%	-26.87%	-4.10%	-2.97%	28.68%	-25.13%	2953.13%	-95.90%	-20.98%	0.23%	33.96%	-28.33%	-6.62%	16.80%	-6.92%	-8.08%	24.63%	6.29%	-14.12%	1.30%	21.97%	-0.81%	-9.91%	12.70%	-6.05%	-8.91%	13.17%	13.11%	-8.11%	-4.66%	16.89%	14.68%	-11.06%	-4.52%	14.14%	11.97%	-10.19%	23.02%
operating margin %	15.31%	9.71%	14.00%	13.93%	13.64%	11.16%	12.87%	12.31%	12.84%	2.31%	12.24%	13.78%	13.78%	11.82%	13.15%	14.86%	14.85%	11.87%	13.64%	10.65%	13.04%	10.40%	12.72%	13.04%	9.86%	-4.54%	12.21%	13.97%	14.22%	13.94%	14.67%	14.37%	15.62%	14.41%	14.71%	13.11%	7.04%	13.10%	14.63%	12.10%	13.88%	9.32%	12.54%	13.02%	13.41%	9.90%	12.87%	0.43%	10.98%	13.12%	12.85%	9.94%	13.73%	14.76%	12.71%	13.73%	14.41%	12.47%	12.09%	14.01%	14.12%	12.31%	12.85%	14.23%	13.57%	12.82%	13.48%	12.89%	11.64%	12.96%	13.14%	11.99%	10.94%	11.94%	12.45%	11.70%	10.72%	11.60%	9.92%
interest expense	7,902,000	7,521,000	7,328,000	7,391,000	7,341,000	6,387,000	7,696,000	7,653,000	7,045,000	6,524,000	6,294,000	6,352,000	6,002,000	4,799,000	3,672,000	3,083,000	2,993,000	2,752,000	3,037,000	3,322,000	3,433,000	3,399,000	3,497,000	3,608,000	4,307,000	4,569,000	4,936,000	5,200,000	5,402,000	5,336,000	5,407,000	5,555,000	5,555,000	4,909,000	4,946,000	4,717,000	4,811,000	4,303,000	4,584,000	4,637,000	4,800,000	4,629,000	4,295,000	4,106,000	3,915,000	4,016,000	3,718,000	4,131,000	3,830,000	4,048,000	4,008,000	4,261,000	4,483,000	4,347,000	4,406,000	4,934,000	5,135,000	4,850,000	4,894,000	5,224,000	5,488,000	4,778,000	5,483,000	5,650,000	7,246,000	7,977,000	8,480,000	8,578,000	8,765,000	8,640,000	9,470,000	9,252,000	8,969,000	9,091,000	8,980,000	8,708,000	8,820,000	8,902,000	8,724,000
earnings before income taxes	58,826,000	30,665,000	50,378,000	50,315,000	46,189,000	35,609,000	42,824,000	42,004,000	42,361,000	1,539,000	38,237,000	45,239,000	44,836,000	36,426,000	43,821,000	52,161,000	49,796,000	37,668,000	43,921,000	32,431,000	43,464,000	31,416,000	37,658,000	38,517,000	30,254,000	-19,035,000	33,852,000	42,168,000	44,018,000	39,916,000	44,857,000	46,626,000	50,126,000	42,470,000	47,064,000	39,663,000	19,226,000	38,971,000	46,567,000	39,028,000	42,719,000	26,979,000	38,925,000	40,961,000	42,531,000	32,078,000	44,491,000	-2,552,000	34,726,000	44,742,000	44,670,000	32,077,000	46,218,000	49,951,000	42,083,000	45,009,000	49,198,000	38,747,000	36,122,000	42,536,000	41,658,000	33,877,000	33,489,000	37,607,000	31,138,000	32,878,000	36,373,000	31,055,000	26,273,000	29,489,000	30,521,000	24,960,000	20,864,000	24,450,000	26,148,000	22,067,000	18,666,000	21,704,000	16,154,000
income taxes	14,656,000	5,181,000	13,422,000	12,728,000	11,727,000	5,505,000	10,134,000	11,072,000	11,421,000	7,372,000	6,694,000	11,206,000	11,185,000	7,305,000	7,773,000	13,514,000	12,725,000	10,439,000	10,009,000	6,495,000	11,796,000	6,247,000	4,748,000	7,897,000	9,481,000	-2,073,000	1,981,000	7,837,000	11,211,000	7,066,000	-2,336,000	7,503,000	11,932,000	29,049,000	14,851,000	8,889,000	6,034,000	7,621,000	10,948,000	14,277,000	11,526,000	7,647,000	11,287,000	11,419,000	11,796,000	9,414,000	15,430,000	-477,000	6,677,000	13,217,000	12,388,000	10,638,000	13,342,000	15,046,000	13,177,000	13,012,000	15,712,000	12,332,000	10,347,000	13,319,000	12,973,000	10,410,000	10,660,000	11,788,000	9,531,000	8,776,000	10,913,000	10,378,000	7,849,000	8,706,000	9,288,000	7,614,000	5,497,000	7,473,000	7,685,000	6,449,000	4,538,000	5,841,000	3,323,000
net earnings	44,170,000	25,484,000	36,956,000	37,587,000	34,462,000	30,104,000	32,690,000	30,932,000	30,940,000	-5,833,000	31,543,000	34,033,000	33,651,000	29,121,000	36,048,000	38,647,000	37,071,000	27,229,000	33,912,000	25,936,000	31,668,000	25,169,000	32,910,000	30,620,000	20,773,000	-16,962,000	31,871,000	34,331,000	32,807,000	32,850,000	47,193,000	39,123,000	38,194,000	13,421,000	32,213,000	30,774,000	13,192,000	31,350,000	35,619,000	28,116,000	31,171,000	19,218,000	27,591,000	29,450,000	30,526,000	21,305,000	29,061,000	-2,075,000	28,049,000	31,525,000	32,282,000	21,439,000	32,876,000	34,905,000	28,906,000	31,997,000	33,486,000	26,415,000	25,775,000	29,217,000	28,685,000	23,467,000	22,829,000	25,819,000	21,607,000	24,102,000	25,460,000	20,677,000	18,424,000	20,783,000	21,233,000	17,346,000	15,367,000	16,977,000	18,463,000	15,618,000	14,128,000	15,863,000	12,831,000
yoy	28.17%	-15.35%	13.05%	21.51%	11.38%	-616.10%	3.64%	-9.11%	-8.06%	-120.03%	-12.50%	-11.94%	-9.23%	6.95%	6.30%	49.01%	17.06%	8.18%	3.04%	-15.30%	52.45%	-248.38%	3.26%	-10.81%	-36.68%	-151.63%	-32.47%	-12.25%	-14.10%	144.77%	46.50%	27.13%	189.52%	-57.19%	-9.56%	9.45%	-57.68%	63.13%	29.10%	-4.53%	2.11%	-9.80%	-5.06%	-1519.28%	8.83%	-32.42%	-9.98%	-109.68%	-14.68%	-9.68%	11.68%	-33.00%	-1.82%	32.14%	12.15%	9.52%	16.74%	12.56%	12.90%	13.16%	32.76%	-2.63%	-10.33%	24.87%	17.28%	15.97%	19.91%	19.20%	19.89%	22.42%	15.00%	11.06%	8.77%	7.02%	43.89%
qoq	73.32%	-31.04%	-1.68%	9.07%	14.48%	-7.91%	5.68%	-0.03%	-630.43%	-118.49%	-7.32%	1.14%	15.56%	-19.22%	-6.72%	4.25%	36.15%	-19.71%	30.75%	-18.10%	25.82%	-23.52%	7.48%	47.40%	-222.47%	-153.22%	-7.17%	4.65%	-0.13%	-30.39%	20.63%	2.43%	184.58%	-58.34%	4.68%	133.28%	-57.92%	-11.99%	26.69%	-9.80%	62.20%	-30.35%	-6.31%	-3.52%	43.28%	-26.69%	-1500.53%	-107.40%	-11.03%	-2.34%	50.58%	-34.79%	-5.81%	20.75%	-9.66%	-4.45%	26.77%	2.48%	-11.78%	1.85%	22.24%	2.79%	-11.58%	19.49%	-10.35%	-5.33%	23.13%	12.23%	-11.35%	-2.12%	22.41%	12.88%	-9.48%	-8.05%	18.22%	10.55%	-10.94%	23.63%
net income margin %	10.13%	6.48%	8.97%	9.07%	8.78%	8.00%	8.33%	7.67%	8.04%	-1.67%	8.67%	9.09%	9.12%	8.35%	9.98%	10.40%	10.43%	8.00%	9.85%	7.72%	8.80%	7.52%	10.17%	9.48%	5.92%	-5.32%	10.03%	10.12%	9.44%	10.12%	13.77%	10.78%	10.71%	4.08%	9.11%	9.09%	3.86%	9.49%	10.19%	7.79%	9.10%	5.67%	8.01%	8.51%	8.82%	5.84%	7.76%	-0.56%	7.99%	8.47%	8.52%	5.86%	8.90%	9.49%	7.91%	8.80%	8.88%	7.55%	7.60%	8.57%	8.59%	7.47%	7.53%	8.49%	7.64%	7.56%	7.65%	6.73%	6.12%	7.06%	6.98%	6.08%	5.63%	6.04%	6.54%	5.94%	5.51%	6.01%	5.11%
weighted-average number of common shares outstanding:
basic	42,294,000	42,236,000	42,248,000	42,246,000	42,197,000	42,145,000	42,159,000	42,154,000	42,104,000	42,027,000	42,045,000	42,043,000	41,970,000	41,888,000	41,896,000	41,893,000	41,865,000	42,077,000	42,024,000	42,135,000	42,263,000	42,301,000	42,307,000	42,305,000	42,284,000	42,263,000	42,272,000	42,270,000	42,239,000	42,404,000	42,240,000	42,281,000	42,879,000	43,780,000	43,624,000	44,023,000	44,202,000	44,523,000	44,532,000	44,562,000	44,718,000	45,910,000	45,392,000	46,168,000	47,178,000	47,902,000	48,665,000
diluted	42,671,000	42,595,000	42,665,000	42,575,000	42,469,000	42,396,000	42,429,000	42,398,000	42,305,000	42,242,000	42,233,000	42,235,000	42,255,000	42,213,000	42,242,000	42,208,000	42,148,000	42,258,000	42,206,000	42,267,000	42,389,000	42,346,000	42,349,000	42,322,000	42,307,000	42,294,000	42,299,000	42,300,000	42,275,000	42,499,000	42,313,000	42,371,000	43,034,000	44,031,000	43,864,000	44,290,000	44,479,000	44,843,000	44,816,000	44,822,000	44,981,000	46,204,000	45,675,000	46,470,000	47,502,000	48,230,000	48,953,000
earnings per common share:
basic	1,040	600	870	890	820	720	780	730	730	-140	750	810	800	690	860	920	890	650	810	620	750	600	780	720	490	-400	750	810	780	732.5	1,120	930	890														600	-40	427.5	630	650	430	660	700	580	640	670	530	415	590	580	480	470	530	450	500	540	440	317.5	440	460	370	277.5	370	400	340	300	340	270
diluted	1,040	600	870	880	810	710	770	730	730	-140	750	810	800	690	850	920	880	650	800	610	750	600	780	720	490	-400	750	810	780	730	1,120	920	890														590	-40	427.5	630	650	430	660	700	580	640	670	530	412.5	590	580	480	470	530	450	500	530	430	315	440	450	370	277.5	370	400	340	300	340	270
dividends declared per common share	410			410	410	307.5	410	410	410	307.5	410	410	410	307.5	410	410	410	292.5	390	390	390	292.5	390	390	390	270	360	360	360	247.5	330	330	330	225	300	300	300	202.5	270	270	270	192.5	270	250	250	250		480
dividends declared and paid per common share		307.5	410
weighted-average number of shares outstanding:
basic	42,294,000	42,236,000	42,248,000	42,246,000	42,197,000	42,145,000	42,159,000	42,154,000	42,104,000	42,027,000	42,045,000	42,043,000	41,970,000	41,888,000	41,896,000	41,893,000	41,865,000	42,077,000	42,024,000	42,135,000	42,263,000	42,301,000	42,307,000	42,305,000	42,284,000	42,263,000	42,272,000	42,270,000	42,239,000	42,404,000	42,240,000	42,281,000	42,879,000	43,780,000	43,624,000	44,023,000	44,202,000	44,523,000	44,532,000	44,562,000	44,718,000	45,910,000	45,392,000	46,168,000	47,178,000	47,902,000	48,665,000
diluted	42,671,000	42,595,000	42,665,000	42,575,000	42,469,000	42,396,000	42,429,000	42,398,000	42,305,000	42,242,000	42,233,000	42,235,000	42,255,000	42,213,000	42,242,000	42,208,000	42,148,000	42,258,000	42,206,000	42,267,000	42,389,000	42,346,000	42,349,000	42,322,000	42,307,000	42,294,000	42,299,000	42,300,000	42,275,000	42,499,000	42,313,000	42,371,000	43,034,000	44,031,000	43,864,000	44,290,000	44,479,000	44,843,000	44,816,000	44,822,000	44,981,000	46,204,000	45,675,000	46,470,000	47,502,000	48,230,000	48,953,000
earnings from continuing operations																																		13,421,000	32,213,000	30,774,000	13,192,000	31,350,000	35,619,000	24,751,000	31,193,000	19,332,000	27,638,000	29,542,000	30,735,000	22,664,000
gain from discontinued operations, net of tax																																								3,365,000
earnings per common share:
basic:
continuing operations																																		320	740	700	300	710	800	560	700	440	610	640	650	470
discontinued operations																																						10		80						-30
earnings per common share																																		320	740	700	300	710	800	630	700	440	610	640	650	440
diluted:
loss from discontinued operations, net of tax																																									-22,000	-114,000	-47,000	-92,000	-209,000	-1,359,000
average number of common shares outstanding:
basic																																																49,853,000	12,435,250	49,761,000	49,751,000	49,711,000	49,536,000	49,537,000	49,795,000	49,776,000	49,753,000	49,637,000	12,262,750	49,277,000	49,047,000	48,825,000	48,447,000	48,301,000	48,145,000	47,792,000	47,569,000	47,299,000	11,656,750	46,818,000	46,655,000	46,402,000	11,464,000	45,909,000	45,853,000	45,805,000	46,910,000	46,855,000	46,735,000
diluted																																																50,079,000	12,477,500	49,946,000	49,917,000	49,867,000	49,785,000	49,771,000	50,016,000	49,967,000	49,947,000	49,818,000	12,338,000	49,565,000	49,365,000	49,121,000	48,750,000	48,554,000	48,351,000	48,320,000	48,166,000	47,806,000	11,780,750	47,306,000	47,149,000	46,909,000	11,525,500	46,217,000	46,114,000	45,972,000	47,170,000	47,181,000	47,167,000
dividends per common share																																																	170	230	230	220	220	220	210	210	210	210	147.5	200	200	190	190	190	190	190	180	180	125	180	160	160	112.5	150	150	150	150	150	150

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	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	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	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	2007-12-31	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	2003-12-31

current assets:
cash and cash equivalents	38,542,000	36,533,000	42,669,000	56,686,000	32,574,000	26,626,000	36,969,000	30,339,000	25,417,000	28,934,000	31,985,000	36,546,000	24,017,000	20,921,000	46,579,000	25,271,000	32,175,000	25,740,000	32,939,000	24,770,000	24,770,000	24,770,000	21,153,000	21,153,000	21,153,000	21,153,000	31,901,000	31,901,000	33,896,000	31,901,000	36,760,000	30,888,000	30,420,000	29,344,000	24,654,000	26,016,000	29,109,000	25,865,000	23,505,000	20,193,000	24,703,000	11,997,000	24,180,000	21,785,000	18,083,000	20,329,000	25,789,000	28,428,000	17,463,000	19,836,000	24,255,000	26,665,000	19,470,000	15,062,000	12,340,000	12,055,000	13,349,000	22,855,000	13,484,000	14,297,000	14,020,000	14,255,000	12,406,000	13,911,000	10,962,000	11,078,000	15,589,000	8,358,000	10,099,000	10,280,000	12,808,000	10,522,000	7,019,000	5,920,000	4,927,000	5,035,000	4,400,000	5,039,000	2,852,000	7,068,000	4,580,000	3,676,000	4,578,000	2,243,000	3,250,000
trade accounts receivable	342,295,000	305,380,000	323,387,000	333,951,000	315,024,000	290,087,000	302,012,000	315,604,000	298,488,000	272,164,000	284,668,000	300,741,000	312,530,000	302,109,000	287,197,000	295,948,000	282,265,000	261,121,000	263,710,000	234,132,000	234,132,000	234,132,000	213,201,000	213,201,000	213,201,000		255,350,000	255,350,000	273,800,000		271,268,000	277,301,000	216,480,000		222,552,000	216,197,000	202,343,000		244,157,000	254,635,000	252,328,000		246,166,000	248,110,000	245,458,000		243,894,000	265,641,000	262,220,000		258,342,000	259,146,000	254,451,000		246,691,000	242,855,000	247,814,000		232,580,000	244,080,000	235,780,000		229,183,000	216,486,000	216,000,000	203,491,000	209,197,000	199,720,000	215,906,000	230,558,000	216,825,000		196,293,000	197,072,000	196,621,000		183,373,000	182,941,000	173,765,000		164,333,000	167,646,000	171,814,000
inventories	681,730,000	678,220,000	653,718,000	619,595,000	598,204,000	600,302,000	580,847,000	553,415,000	568,547,000	598,399,000	587,024,000	588,459,000	573,706,000	564,110,000	501,382,000	452,161,000	422,837,000	411,635,000	392,231,000	381,346,000	381,346,000	381,346,000	422,517,000	422,517,000	422,517,000	422,517,000	490,757,000	490,757,000	468,324,000	490,757,000	484,811,000	461,803,000	467,996,000	463,517,000	456,480,000	428,932,000	410,067,000	404,320,000	406,957,000	381,945,000	403,849,000	409,159,000	442,352,000	428,444,000	410,346,000	449,409,000	475,011,000	479,450,000	467,331,000	474,452,000	449,012,000	427,041,000	425,061,000	442,714,000	439,743,000	413,025,000	418,056,000	414,449,000	402,007,000	397,729,000	393,562,000	392,166,000	393,362,000	367,573,000	370,974,000	396,273,000	378,126,000	369,073,000	399,427,000	382,711,000	371,264,000	361,534,000	349,693,000	331,347,000	330,074,000	333,070,000	317,219,000	308,322,000	304,827,000	313,513,000	311,671,000	307,189,000	317,980,000	328,191,000	318,755,000
prepaid expenses and other current assets	58,971,000	59,717,000	51,728,000	54,221,000	54,407,000	44,871,000	38,973,000	44,897,000	50,391,000	37,119,000	41,477,000	42,945,000	49,639,000	47,640,000	45,582,000	48,146,000	46,081,000	42,657,000	50,081,000	48,578,000	48,578,000	48,578,000	40,049,000	40,049,000	40,049,000	40,049,000	44,857,000	44,857,000	50,276,000	44,857,000	40,152,000	53,926,000	45,023,000	43,206,000	43,245,000	48,203,000	51,422,000	50,974,000	37,792,000	42,176,000	40,961,000	44,673,000	41,710,000	38,425,000	38,236,000	37,713,000	74,729,000	74,373,000	70,207,000	38,079,000	57,799,000	57,849,000	57,108,000	41,799,000	51,584,000	53,755,000	54,571,000	35,299,000	49,554,000	51,190,000	50,250,000	34,676,000	43,390,000	47,873,000	58,674,000	44,283,000	41,721,000	39,461,000	44,083,000	45,250,000	48,605,000	29,705,000	36,268,000	34,591,000	36,894,000	25,356,000	37,221,000	36,400,000	36,526,000	23,188,000	31,294,000	31,888,000	36,085,000	24,886,000	27,719,000
fixed assets held for sale		1,598,000	1,595,000	1,629,000
total current assets	1,121,538,000	1,081,448,000	1,073,097,000	1,066,082,000	1,000,209,000	961,886,000	958,801,000	944,255,000	942,843,000	936,616,000	945,154,000	968,691,000	959,892,000	934,780,000	880,740,000	821,526,000	783,358,000	741,153,000	738,961,000	741,586,000	741,586,000	741,586,000	788,213,000	788,213,000	788,213,000	788,213,000	822,865,000	822,865,000	826,296,000	822,865,000	834,894,000	825,834,000	761,941,000	733,475,000	754,327,000	726,681,000	699,729,000	717,061,000	761,207,000	749,401,000	753,863,000	753,343,000	778,542,000	760,798,000	734,182,000	759,389,000	820,004,000	847,892,000	817,221,000	789,825,000	789,408,000	770,701,000	756,090,000	751,354,000	750,358,000	721,690,000	733,790,000	706,870,000	697,625,000	707,296,000	693,612,000	672,305,000	678,341,000	645,843,000	656,610,000	655,125,000	644,633,000	616,612,000	669,515,000	668,799,000	649,502,000	610,044,000	589,273,000	568,930,000	568,516,000	551,702,000	542,213,000	532,702,000	517,970,000	520,344,000	511,878,000	510,399,000	530,457,000	536,244,000	536,730,000
other assets	102,583,000	102,362,000	102,312,000	103,252,000	101,710,000	96,276,000	96,241,000	92,501,000	93,960,000	94,873,000	94,646,000	97,050,000	96,077,000	96,609,000	100,277,000	100,863,000	104,439,000	92,952,000	88,078,000	89,883,000	89,883,000	89,883,000	80,939,000	80,939,000	80,939,000	80,939,000	66,788,000	66,788,000	87,891,000	66,788,000	67,178,000	67,508,000	67,432,000	68,251,000	66,917,000	70,314,000	70,298,000	70,462,000	72,416,000	71,170,000	71,274,000	79,561,000	71,148,000	72,097,000	70,210,000	77,376,000	70,870,000	89,305,000	85,760,000	47,786,000	45,388,000	45,715,000	47,418,000	47,685,000	39,405,000	37,783,000	38,070,000	38,730,000	40,442,000	38,657,000	35,854,000	36,093,000	34,990,000	35,887,000	37,833,000	38,462,000	39,030,000	39,261,000	42,607,000	43,800,000	45,186,000	44,404,000	45,410,000	47,360,000	47,924,000	44,059,000	54,721,000	59,139,000	60,754,000	63,384,000	66,534,000	68,106,000	64,824,000	66,352,000	78,525,000
deferred tax assets	66,630,000	71,204,000	65,741,000	67,816,000	55,884,000	50,387,000	54,731,000	37,171,000	38,444,000	41,564,000	30,857,000	35,452,000	35,108,000	32,717,000	12,912,000	19,620,000	25,757,000	29,901,000	25,859,000	29,678,000	29,678,000	29,678,000	14,976,000	14,976,000	14,976,000	14,976,000	9,189,000	9,189,000	8,653,000	9,189,000	10,868,000	11,259,000	10,980,000	7,885,000	18,075,000	13,127,000	6,787,000	12,120,000	17,323,000	18,686,000	24,535,000
intangible assets	9,893,000	10,121,000	10,464,000	10,928,000	11,450,000	11,883,000	12,271,000	11,615,000	11,706,000	12,112,000	17,352,000	17,861,000	18,569,000	18,600,000	14,042,000	13,962,000	14,486,000	14,975,000	15,248,000	10,930,000	10,930,000	10,930,000	11,802,000	11,802,000	11,802,000		18,867,000	18,867,000	18,295,000		12,843,000	9,067,000	7,680,000		7,658,000	7,791,000	7,900,000		8,480,000	8,755,000	9,097,000		9,479,000	10,416,000	8,359,000		9,122,000	9,694,000	9,474,000		10,790,000	10,869,000	11,133,000		11,716,000	11,946,000	12,607,000		12,463,000	13,187,000	12,992,000		13,302,000	12,791,000	12,993,000	13,820,000	13,541,000	13,059,000	14,148,000	14,960,000	15,266,000		14,681,000	13,963,000	14,215,000		14,635,000	14,804,000	14,665,000		15,292,000	15,806,000	16,812,000
goodwill	436,389,000	439,706,000	439,438,000	441,014,000	424,231,000	411,775,000	425,949,000	418,185,000	420,541,000	424,065,000	415,618,000	422,177,000	419,302,000	415,715,000	390,798,000	403,576,000	415,328,000	420,034,000	422,481,000	423,290,000	423,290,000	423,290,000	407,042,000	407,042,000	407,042,000	407,042,000	416,175,000	416,175,000	413,710,000	416,175,000	422,953,000	409,022,000	425,321,000	408,995,000	407,127,000	400,414,000	387,906,000	383,568,000	397,764,000	397,742,000	406,233,000	399,646,000	408,540,000	413,503,000	399,410,000	424,114,000	437,515,000	459,554,000	457,749,000	457,269,000	453,751,000	441,489,000	441,124,000	451,318,000	446,654,000	440,610,000	453,854,000	444,365,000	442,897,000	466,417,000	459,158,000	445,115,000	446,951,000	421,261,000	442,134,000	459,047,000	449,706,000	426,780,000	471,138,000	493,366,000	493,200,000	476,611,000	469,120,000	456,228,000	450,434,000	449,194,000	441,291,000	433,776,000	423,113,000	420,201,000	425,185,000	427,008,000	440,991,000	452,427,000	428,922,000
property, plant, and equipment:
land	34,683,000	34,898,000	34,449,000	34,239,000	33,016,000	32,369,000	33,615,000	32,752,000	31,496,000	31,901,000	31,269,000	31,767,000	31,734,000	31,444,000	28,641,000	29,725,000	30,723,000	31,028,000	30,990,000	31,422,000	31,422,000	31,422,000	31,431,000	31,431,000	31,431,000	31,431,000	36,787,000	36,787,000	36,467,000	36,787,000	37,043,000	34,912,000	35,925,000	35,198,000	34,866,000	34,249,000	32,925,000	33,015,000	35,118,000	35,251,000	35,688,000	33,975,000	37,388,000	37,808,000	37,289,000	42,868,000	42,423,000	45,630,000	47,232,000	56,343,000	55,967,000	54,940,000	54,017,000	53,387,000	52,576,000	51,684,000	53,322,000	52,271,000	49,544,000	52,619,000	51,603,000	49,760,000	49,087,000	45,389,000	48,084,000	49,886,000	48,009,000	45,444,000	47,794,000	50,231,000	48,651,000	46,013,000	42,494,000	40,928,000	40,051,000	39,762,000	36,041,000	35,410,000	34,559,000	33,351,000	31,919,000	30,968,000	32,204,000	33,203,000	29,042,000
buildings	366,934,000	366,797,000	361,475,000	360,193,000	356,363,000	351,171,000	355,357,000	349,407,000	349,052,000	343,594,000	336,152,000	334,004,000	325,796,000	322,268,000	304,928,000	309,609,000	314,237,000	315,207,000	315,795,000	316,533,000	316,533,000	316,533,000	298,733,000	298,733,000	298,733,000	298,733,000	318,463,000	318,463,000	319,242,000	318,463,000	319,969,000	320,523,000	323,001,000	317,464,000	306,217,000	286,800,000	283,677,000	265,157,000	271,566,000	269,151,000	286,613,000	274,318,000	281,379,000	283,807,000	278,958,000	295,381,000	292,333,000	329,721,000	335,014,000	374,388,000	345,803,000	334,459,000	333,164,000	339,732,000	320,058,000	311,114,000	304,327,000	298,743,000	293,732,000	305,286,000	301,193,000	293,605,000	289,732,000	276,554,000	287,943,000	274,532,000	251,650,000	242,335,000	258,641,000	269,084,000	266,873,000	259,830,000	252,938,000	247,203,000	244,354,000	243,734,000	240,871,000	235,048,000	233,749,000	235,802,000	224,404,000	220,535,000	226,087,000	230,488,000	193,147,000
machinery and equipment	850,598,000	858,762,000	849,283,000	844,623,000	822,073,000	804,385,000	815,608,000	798,717,000	794,891,000	781,789,000	759,191,000	764,228,000	738,524,000	722,294,000	705,029,000	710,294,000	720,107,000	715,344,000	704,812,000	703,485,000	703,485,000	703,485,000	652,063,000	652,063,000	652,063,000	652,063,000	688,003,000	688,003,000	695,811,000	688,003,000	707,662,000	698,805,000	709,085,000	687,896,000	684,526,000	697,038,000	686,858,000	643,869,000	651,446,000	633,068,000	690,662,000	664,917,000	711,340,000	711,337,000	705,084,000	723,631,000	712,828,000	747,956,000	736,593,000	751,267,000	732,386,000	716,314,000	715,418,000	735,237,000	702,104,000	685,475,000	688,651,000	674,011,000	662,870,000	689,302,000	675,191,000	648,985,000	634,218,000	601,593,000	620,613,000	621,484,000	607,546,000	584,466,000	623,661,000	640,416,000	630,994,000	612,265,000	596,237,000	582,067,000	571,381,000	567,057,000	539,258,000	542,460,000	534,032,000	535,655,000	520,651,000	514,125,000	521,852,000	530,922,000	537,623,000
construction in progress	90,451,000	78,492,000	70,631,000	62,888,000	49,503,000	43,929,000	37,724,000	37,117,000	44,403,000	59,091,000	71,223,000	66,808,000	73,502,000	65,809,000	55,896,000	49,389,000	37,721,000	32,801,000	30,564,000	21,759,000	21,759,000	21,759,000	24,613,000	24,613,000	24,613,000	24,613,000	34,772,000	34,772,000	32,973,000	34,772,000	39,140,000	35,591,000	35,966,000	40,833,000	44,974,000	37,331,000	35,218,000	79,981,000	85,251,000	86,169,000	74,624,000	62,515,000	67,117,000	57,557,000	49,913,000	54,579,000	67,532,000	64,792,000	60,474,000	55,236,000	83,820,000	77,513,000	52,883,000	41,999,000	58,352,000	51,319,000	45,338,000	34,439,000	47,010,000	36,439,000	29,846,000	32,797,000	33,052,000	30,548,000	24,895,000	45,703,000	54,102,000	43,620,000	42,560,000	37,337,000	35,597,000	30,335,000	29,263,000	24,238,000	19,757,000	20,225,000	29,157,000	28,088,000	18,051,000	13,779,000	39,429,000	45,842,000	43,650,000	40,446,000
property, plant, and equipment: - sum	1,342,666,000	1,338,949,000	1,315,838,000	1,301,943,000	1,260,955,000	1,231,854,000	1,242,304,000						1,169,556,000						1,082,161,000
less accumulated depreciation	-792,111,000	-799,653,000	-797,349,000	-786,474,000	-761,771,000	-740,267,000	-747,685,000	-726,853,000	-721,654,000	-711,098,000	-691,286,000	-691,826,000	-675,777,000	-658,622,000	-654,055,000	-655,342,000	-657,537,000	-647,902,000	-644,372,000	-627,706,000	-627,706,000	-627,706,000	-569,661,000	-569,661,000	-569,661,000	-569,661,000	-586,969,000	-586,969,000	-598,467,000	-586,969,000	-611,643,000	-601,006,000	-601,943,000	-582,868,000	-585,822,000	-575,412,000	-560,096,000	-545,499,000	-564,952,000	-555,391,000	-609,612,000	-566,047,000	-621,284,000	-613,693,000	-607,661,000	-620,892,000	-625,396,000	-668,072,000	-653,634,000	-671,926,000	-670,509,000	-651,105,000	-643,235,000	-655,647,000	-644,383,000	-627,564,000	-628,556,000	-607,925,000	-615,158,000	-633,107,000	-615,638,000	-592,611,000	-587,255,000	-558,189,000	-567,106,000	-571,063,000	-553,894,000	-526,581,000	-555,817,000	-564,318,000	-551,977,000	-530,109,000	-520,553,000	-503,490,000	-488,124,000	-479,322,000	-464,619,000	-461,658,000	-448,744,000	-439,207,000	-434,905,000	-425,265,000	-422,746,000	-419,408,000	368,014,000
total assets	2,287,588,000	2,244,137,000	2,209,541,000	2,204,561,000	2,092,668,000	2,023,794,000	2,042,612,000	1,994,867,000	2,005,682,000	2,014,507,000	2,010,176,000	2,046,212,000	2,022,727,000	1,981,614,000	1,839,208,000	1,803,222,000	1,788,619,000	1,745,493,000	1,728,416,000	1,740,860,000	1,740,860,000	1,740,860,000	1,740,151,000	1,740,151,000	1,740,151,000	1,740,151,000	1,824,940,000	1,824,940,000	1,840,871,000	1,824,940,000	1,840,907,000	1,811,515,000	1,775,388,000	1,724,340,000	1,738,865,000	1,698,333,000	1,651,202,000	1,667,860,000	1,735,619,000	1,714,002,000	1,742,977,000	1,711,437,000	1,743,649,000	1,733,630,000	1,675,744,000	1,765,206,000	1,827,231,000	1,926,472,000	1,895,883,000	1,870,734,000	1,846,804,000	1,800,895,000	1,768,012,000	1,776,643,000	1,736,840,000	1,684,057,000	1,701,403,000	1,654,164,000	1,631,425,000	1,676,096,000	1,643,811,000	1,599,268,000	1,592,418,000	1,511,677,000	1,563,999,000	1,586,996,000	1,554,323,000	1,484,996,000	1,614,247,000	1,653,675,000	1,633,292,000	1,564,182,000	1,518,863,000	1,477,427,000	1,468,508,000	1,454,067,000	1,433,568,000	1,419,769,000	1,388,149,000	1,398,273,000	1,400,387,000	1,407,524,000	1,454,131,000	1,488,578,000	1,453,528,000
liabilities and shareholders’ equity
current liabilities:
trade accounts payable	114,222,000	138,344,000	122,878,000	121,442,000	110,611,000	139,052,000	119,238,000	107,218,000	104,834,000	131,114,000	110,973,000	119,340,000	121,290,000	142,365,000	132,904,000	140,776,000	114,858,000	125,519,000	123,894,000	107,324,000	107,324,000	107,324,000	94,653,000	94,653,000	94,653,000	94,653,000	131,812,000	131,812,000	108,381,000	131,812,000	97,027,000	98,878,000	96,136,000	109,780,000	101,104,000	93,018,000	81,260,000	92,450,000	99,468,000	97,631,000	94,339,000	95,442,000	110,077,000	106,960,000	84,990,000	99,033,000	97,128,000	98,693,000	96,286,000	99,117,000	94,311,000	88,552,000	81,970,000	96,283,000	101,594,000	91,166,000	87,361,000	93,851,000	95,219,000	92,473,000	90,488,000	95,852,000	98,736,000	90,018,000	85,793,000	89,318,000	82,009,000	75,329,000	99,158,000	96,960,000	85,118,000	88,812,000	83,630,000	83,697,000	77,411,000	80,916,000	78,056,000	76,423,000	73,091,000	77,080,000	69,956,000	73,146,000	64,741,000	75,066,000	67,535,000
accrued salaries, wages, and withholdings from employees	28,626,000	43,988,000	39,295,000	34,006,000	26,449,000	47,470,000	43,020,000	33,525,000	26,079,000	26,412,000	26,818,000	24,284,000	22,788,000	43,738,000	40,918,000	35,755,000	28,388,000	40,939,000	35,530,000	34,462,000	34,462,000	34,462,000	18,655,000	18,655,000	18,655,000		23,410,000	23,410,000	20,255,000
other accrued expenses	63,163,000	65,652,000	63,064,000	58,124,000	57,751,000	52,026,000	62,099,000	52,802,000	52,503,000	52,024,000	55,676,000	51,361,000	48,789,000	51,231,000	54,283,000	47,772,000	45,903,000	46,292,000	51,457,000	42,985,000	42,985,000	42,985,000	41,429,000	41,429,000	41,429,000	41,429,000	31,198,000	31,198,000	38,703,000	31,198,000	51,842,000	49,395,000	50,230,000	51,764,000	58,282,000	50,949,000	55,774,000	54,752,000	68,756,000	64,934,000	64,514,000	61,701,000	68,617,000	71,012,000	73,573,000	76,383,000	79,380,000	95,422,000	102,558,000	78,579,000	90,873,000	60,834,000	59,848,000	56,946,000	59,588,000	50,060,000	59,865,000	56,985,000	60,072,000	54,373,000	55,229,000	49,819,000	54,167,000	51,387,000	61,167,000	50,150,000	43,449,000	49,002,000	64,655,000	56,440,000	63,595,000	56,948,000	56,715,000	49,340,000	52,999,000	49,620,000	54,700,000	45,858,000	52,370,000	57,589,000	57,714,000	48,592,000	63,653,000	58,133,000	61,464,000
income taxes	17,470,000	15,247,000	7,674,000	11,272,000	17,309,000	12,243,000	14,287,000	6,495,000	16,004,000	13,296,000	7,543,000	12,225,000	16,935,000	14,446,000	5,373,000	12,989,000	17,759,000	11,016,000	3,001,000	4,598,000	4,598,000	4,598,000	6,841,000	6,841,000	6,841,000	6,841,000	8,234,000	8,234,000	10,031,000	8,234,000	2,994,000	7,870,000	15,049,000	11,036,000	5,057,000	1,368,000	14,163,000	14,080,000	2,848,000	4,864,000	10,721,000	7,504,000	1,738,000	3,847,000	10,281,000	3,591,000	3,471,000	3,450,000	5,328,000	5,478,000	2,656,000	5,943,000	7,529,000	3,797,000	5,514,000	4,870,000	10,667,000	4,377,000	8,771,000	3,713,000	9,557,000	7,120,000	7,748,000	6,807,000	3,133,000	3,008,000	3,720,000	4,692,000	4,708,000	7,026,000	5,790,000	2,342,000	2,681,000	4,723,000	5,864,000	14,309,000	15,335,000	19,032,000	18,502,000	21,610,000	15,269,000	16,149,000	16,400,000	18,392,000	11,817,000
short-term borrowings	232,000	352,000	777,000	26,280,000	18,575,000	19,848,000	17,811,000	26,995,000	19,439,000	13,460,000	22,807,000	15,436,000	24,849,000	20,373,000	21,947,000	26,624,000	7,475,000	8,539,000	10,483,000	9,247,000	9,247,000	9,247,000	20,612,000	20,612,000	20,612,000	20,612,000	20,046,000	20,046,000	20,082,000	20,046,000	20,096,000	20,036,000	20,237,000	20,130,000	20,092,000	20,385,000	20,281,000	20,578,000	21,417,000	20,747,000	21,035,000	20,655,000	24,945,000	24,073,000	19,467,000	15,888,000	18,953,000	22,521,000	13,298,000	7,050,000	20,288,000	30,336,000	32,769,000	20,048,000	15,870,000	17,789,000	22,000,000	22,974,000	21,046,000	22,226,000	20,667,000	25,450,000	26,651,000	39,652,000	41,463,000	33,245,000	37,646,000	47,562,000	33,451,000	51,056,000	68,727,000	57,487,000	56,298,000	69,689,000	101,646,000	91,226,000	25,915,000	50,577,000	56,229,000	63,218,000	24,557,000	41,376,000	67,974,000	69,774,000	114,974,000
total current liabilities	223,713,000	263,583,000	233,688,000	251,124,000	230,695,000	270,639,000	256,455,000	227,035,000	218,859,000	236,306,000	223,817,000	222,646,000	234,651,000	272,153,000	255,425,000	263,916,000	214,383,000	232,305,000	224,365,000	215,955,000	215,955,000	215,955,000	201,375,000	201,375,000	201,375,000	201,375,000	214,700,000	214,700,000	197,452,000	214,700,000	194,174,000	198,670,000	203,238,000	216,323,000	210,211,000	188,543,000	191,084,000	213,675,000	224,447,000	215,554,000	213,832,000	212,922,000	230,901,000	230,805,000	209,098,000	224,905,000	229,359,000	248,206,000	243,218,000	222,893,000	240,179,000	213,309,000	206,458,000	204,236,000	208,511,000	186,259,000	198,700,000	207,275,000	212,967,000	197,648,000	195,203,000	205,063,000	213,072,000	207,953,000	209,082,000	197,034,000	185,373,000	191,286,000	224,724,000	231,553,000	239,858,000	229,273,000	219,097,000	224,544,000	251,698,000	260,610,000	259,071,000	272,456,000	423,052,000	442,087,000	199,069,000	211,380,000	244,822,000	255,225,000	282,420,000
deferred tax liabilities	13,540,000	13,651,000	15,037,000	15,087,000	15,077,000	14,607,000	14,500,000	14,087,000	14,072,000	14,260,000	16,202,000	16,480,000	16,200,000	15,977,000	16,489,000	15,538,000	14,178,000	14,349,000	13,101,000	13,411,000	13,411,000	13,411,000	15,053,000	15,053,000	15,053,000	15,053,000	28,976,000	28,976,000	31,097,000	28,976,000	24,638,000	31,714,000	17,722,000
other liabilities	39,733,000	40,112,000	42,447,000	44,245,000	43,421,000	39,540,000	39,449,000	36,435,000	37,028,000	37,817,000	37,115,000	39,092,000	36,652,000	37,191,000	37,736,000	37,893,000	39,902,000	28,829,000	30,399,000	30,213,000	30,213,000	30,213,000	17,813,000	17,813,000	17,813,000	17,813,000	8,554,000	8,554,000	21,845,000	8,554,000	7,820,000	10,014,000	13,686,000	13,539,000	8,427,000	6,849,000	6,278,000	6,103,000	7,792,000	7,458,000	8,064,000	7,534,000	11,305,000	11,620,000	12,778,000	17,372,000	34,580,000	32,521,000	30,770,000	8,539,000	18,396,000	22,259,000	25,028,000	10,971,000	31,085,000	31,756,000	32,523,000	11,183,000	26,758,000	37,919,000	35,782,000	12,279,000	27,054,000	24,072,000	26,948,000	29,659,000	28,887,000	26,446,000	28,934,000	29,504,000	28,131,000	14,122,000	18,851,000	17,176,000	16,921,000	4,090,000	4,440,000	4,262,000	4,280,000	3,974,000	4,107,000	3,736,000	4,417,000	4,461,000	11,329,000
accrued employee and retiree benefits	24,163,000	24,045,000	27,031,000	26,865,000	25,175,000	24,499,000	26,130,000	24,872,000	28,276,000	27,715,000	26,830,000	27,141,000	27,224,000	26,364,000	27,854,000	28,193,000	28,441,000	28,579,000	30,258,000	28,941,000	28,941,000	28,941,000	25,822,000	25,822,000	25,822,000	25,822,000	23,210,000	23,210,000	23,801,000	23,210,000	22,094,000	21,926,000	22,021,000	19,294,000	21,283,000	21,059,000	20,430,000	19,911,000	20,919,000	20,300,000	19,903,000	19,007,000	24,684,000	25,498,000	24,832,000	24,983,000	21,382,000	27,145,000	27,144,000	28,538,000	43,222,000	60,464,000	60,939,000	60,527,000	56,420,000	54,924,000	54,068,000	52,252,000	57,740,000	56,682,000	55,016,000	52,747,000	53,308,000	51,259,000	52,411,000	40,685,000	39,385,000	38,539,000	45,275,000	46,493,000	45,573,000	44,197,000	46,948,000	46,326,000	45,263,000	43,957,000	46,433,000	44,920,000	43,038,000	41,980,000	41,290,000	37,486,000	36,529,000	34,571,000	30,208,000
long-term debt	767,558,000	709,232,000	711,177,000	710,119,000	683,266,000	613,523,000	625,627,000	634,663,000	643,511,000	645,085,000	648,556,000	686,589,000	679,779,000	630,331,000	547,190,000	498,715,000	530,005,000	503,006,000	490,901,000	518,004,000	518,004,000	518,004,000	598,499,000	598,499,000	598,499,000	598,499,000	689,553,000	689,553,000		689,553,000				604,159,000				582,780,000				613,877,000				451,011,000				348,124,000	334,852,000		327,625,000	333,979,000	328,837,000	340,048,000	336,716,000	312,422,000	301,064,000	309,177,000	323,216,000	324,360,000	333,625,000	349,485,000	373,745,000	411,259,000	427,231,000	420,919,000	450,437,000	458,381,000	459,255,000	449,621,000	445,180,000	438,515,000	437,012,000	441,306,000	436,385,000	433,854,000	280,726,000	283,123,000	491,897,000	495,659,000	507,885,000	525,153,000	525,924,000
shareholders’ equity:
common stock	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000	5,396,000
additional paid-in capital	121,971,000		123,059,000	119,114,000	116,117,000		116,303,000	114,730,000	112,389,000		116,775,000	114,330,000	112,589,000	124,043,000	120,381,000	116,596,000	112,973,000	111,352,000	108,210,000	102,909,000	102,909,000	102,909,000	98,425,000	98,425,000	98,425,000	98,425,000	101,663,000	101,663,000																		110,969,000	109,269,000			105,119,000	100,085,000		98,997,000	98,253,000	97,854,000	96,954,000	95,828,000	94,187,000	91,683,000	91,300,000	90,361,000	89,027,000	89,482,000	88,404,000	86,723,000	83,861,000	83,307,000	83,130,000	80,262,000	78,197,000	76,442,000	75,233,000	73,585,000	72,451,000	70,960,000	70,420,000	68,171,000	67,241,000	66,856,000	71,582,000	71,808,000	71,835,000	72,136,000	72,117,000	72,194,000
earnings reinvested in the business	1,873,758,000	1,847,014,000	1,838,948,000	1,819,488,000	1,799,225,000	1,782,139,000	1,769,400,000	1,754,059,000	1,740,500,000	1,726,872,000	1,750,027,000	1,735,807,000	1,719,096,000	1,702,700,000	1,690,813,000	1,672,000,000	1,650,588,000	1,630,713,000	1,620,710,000	1,578,662,000	1,578,662,000	1,578,662,000	1,536,100,000	1,536,100,000	1,536,100,000	1,536,100,000	1,516,243,000	1,516,243,000	1,533,832,000	1,516,243,000	1,497,218,000	1,463,976,000	1,438,823,000	1,414,485,000	1,415,406,000	1,396,336,000	1,378,809,000	1,378,923,000	1,360,851,000	1,337,323,000	1,321,310,000	1,302,302,000	1,295,293,000	1,280,003,000	1,262,221,000	1,243,627,000	1,230,304,000	1,221,051,000	1,191,759,000	1,217,874,000	1,201,322,000	1,181,306,000	1,160,532,000	1,150,092,000	1,133,808,000	1,111,873,000	1,087,955,000	1,069,610,000	1,051,541,000	1,029,994,000	1,007,021,000	991,094,000	975,260,000	955,868,000	937,086,000	915,956,000	902,393,000	885,830,000	862,007,000	847,082,000	830,270,000	818,180,000	808,289,000	795,987,000	782,276,000	774,677,000	766,745,000	756,723,000	745,213,000	736,544,000	742,206,000	735,168,000	726,392,000	720,625,000	674,803,000
treasury stock	-608,664,000	-612,311,000	-613,398,000	-613,398,000	-613,830,000	-617,210,000	-618,038,000	-618,233,000	-618,621,000	-622,768,000	-624,007,000	-624,048,000	-624,473,000	-631,853,000	-631,853,000	-631,853,000	-632,382,000	-634,408,000	-623,771,000	-593,540,000	-593,540,000	-593,540,000	-595,324,000	-595,324,000	-595,324,000	-595,324,000	-597,800,000	-597,800,000	-595,718,000	-597,800,000	-597,800,000	-593,770,000	-594,392,000	-525,422,000	-505,138,000	-467,492,000	-453,577,000	-442,799,000	-424,233,000	-417,715,000	-415,323,000	-402,483,000	-391,293,000	-353,112,000	-287,647,000	-227,929,000	-199,081,000	-199,380,000	-101,874,000	-91,707,000	-93,633,000	-93,712,000	-94,325,000	-95,258,000	-96,077,000	-96,654,000	-95,610,000	-80,935,000	-83,720,000	-83,916,000	-85,173,000	-87,102,000	-92,327,000	-96,808,000	-100,308,000	-107,722,000	-111,106,000	-113,402,000	-119,531,000	-122,229,000	-127,362,000	-132,358,000	-135,892,000	-139,386,000	-144,092,000	-147,662,000	-151,863,000	-151,960,000	-155,423,000	-152,727,000	-136,463,000	-136,571,000	-139,656,000	-140,507,000	-147,472,000
accumulated other comprehensive loss	-173,580,000	-170,253,000	-173,844,000	-173,479,000	-211,874,000	-226,839,000	-192,610,000	-198,177,000	-175,728,000	-172,117,000	-190,535,000	-177,221,000	-184,387,000	-200,688,000	-230,223,000	-203,172,000	-174,865,000	-174,628,000	-171,153,000	-159,091,000	-159,091,000	-159,091,000	-163,008,000	-163,008,000	-163,008,000	-163,008,000	-165,555,000	-165,555,000	-166,271,000	-165,555,000	-161,348,000	-162,116,000	-125,470,000	-149,334,000	-148,591,000	-160,977,000	-189,386,000	-213,465,000	-178,260,000	-175,425,000	-154,483,000	-170,062,000	-147,773,000	-127,259,000	-146,567,000			11,226,000			-3,015,000	-30,263,000	-22,638,000	-4,585,000	-28,994,000	-46,499,000	-14,173,000	-39,048,000	-32,004,000			-14,630,000	-12,452,000	-73,952,000	-27,084,000		-6,543,000	-53,148,000									-4,097,000	-17,178,000
total shareholders’ equity	1,218,881,000		1,180,161,000	1,157,121,000	1,095,034,000		1,080,451,000	1,057,775,000	1,063,936,000		1,057,656,000	1,054,264,000	1,028,221,000		954,514,000	958,967,000	961,710,000		939,392,000	934,336,000	934,336,000		881,589,000	881,589,000	881,589,000		859,947,000	859,947,000	877,724,000		846,169,000	816,429,000	827,456,000		879,532,000	883,715,000	849,835,000		878,396,000	862,318,000	867,467,000		872,130,000	916,232,000			1,100,300,000	1,146,495,000	1,208,014,000		1,210,155,000	1,162,164,000	1,147,962,000		1,111,987,000	1,071,070,000	1,079,396,000		1,032,896,000	1,074,670,000	1,034,594,000		965,359,000	878,908,000	901,813,000	908,359,000	873,447,000	807,806,000	864,877,000	887,744,000	860,475,000		788,787,000	750,866,000	717,614,000		684,352,000	660,222,000	632,238,000		654,014,000	648,178,000	651,303,000
total liabilities and shareholders’ equity	2,287,588,000	2,244,137,000	2,209,541,000	2,204,561,000	2,092,668,000	2,023,794,000	2,042,612,000	1,994,867,000	2,005,682,000	2,014,507,000	2,010,176,000	2,046,212,000	2,022,727,000	1,981,614,000	1,839,208,000	1,803,222,000	1,788,619,000	1,745,493,000	1,728,416,000	1,740,860,000	1,740,860,000	1,740,860,000	1,740,151,000	1,740,151,000	1,740,151,000	1,740,151,000	1,824,940,000	1,824,940,000	1,840,871,000	1,824,940,000				1,724,340,000				1,667,860,000				1,711,437,000				1,765,206,000				1,870,734,000				1,776,643,000				1,654,164,000			1,643,811,000	1,599,268,000	1,592,418,000	1,511,677,000	1,563,999,000	1,586,996,000	1,554,323,000	1,484,996,000	1,614,247,000	1,653,675,000	1,633,292,000	1,564,182,000	1,518,863,000	1,477,427,000	1,468,508,000	1,454,067,000	1,433,568,000	1,419,769,000	1,388,149,000	1,398,273,000	1,400,387,000	1,407,524,000	1,454,131,000	1,488,578,000	1,453,528,000
assets
additional paid‑in capital		123,668,000				117,500,000				115,941,000																			100,485,000	101,663,000	102,703,000	102,943,000	103,099,000	107,176,000	112,459,000	110,452,000	108,593,000	107,686,000	114,642,000	112,739,000	110,567,000	109,974,000	110,507,000	111,204,000	111,346,000			108,202,000	106,576,000			99,437,000
shareholders’ equity: - sum		1,193,514,000				1,060,986,000																				881,589,000																				1,046,935,000																										814,421,000				704,104,000				622,228,000				658,698,000	580,118,000
assets held for sale																				52,760,000	52,760,000	52,760,000	91,293,000	91,293,000	91,293,000	91,293,000					1,903,000	1,916,000	2,022,000	1,969,000	7,396,000	7,333,000	6,788,000	41,393,000	48,796,000	50,452,000	32,022,000	31,029,000	1,963,000	2,057,000	494,000	1,296,000	581,000
liabilities held for sale																				17,339,000	17,339,000	17,339,000	19,185,000	19,185,000	19,185,000	19,185,000												5,313,000	6,192,000	4,509,000	3,712,000	4,090,000
liabilities and shareholders' equity
trade accounts receivable, less allowance for losses of 4,563 and 5,976, respectively																										213,201,000
intangible assets – at cost, less accumulated amortization of 9,738 and 20,325, respectively																										11,802,000
property, plant and equipment:
property, plant and equipment: - sum																										1,006,840,000																	1,097,224,000	1,090,509,000	1,071,244,000	1,116,459,000							1,155,482,000												981,535,000	991,605,000	961,307,000	915,865,000	972,656,000	997,068,000	982,115,000	948,443,000	920,932,000	894,436,000	875,543,000	870,778,000	845,327,000	841,006,000	820,391,000	818,587,000	816,403,000	811,470,000	823,793,000	835,059,000	759,812,000
accrued salaries, wages and withholdings from employees																										18,655,000				23,410,000	22,215,000	22,491,000	21,586,000	23,613,000	25,676,000	22,823,000	19,606,000	26,502,000	25,766,000	22,869,000	19,511,000	23,530,000	25,524,000	24,913,000	20,787,000	30,010,000	30,427,000	28,120,000	25,748,000	32,669,000	32,051,000	27,644,000	24,342,000	27,162,000	25,945,000	22,374,000	18,807,000	29,088,000	27,859,000	24,863,000	19,262,000	26,822,000	25,770,000	20,089,000	17,526,000	21,313,000	18,549,000	14,701,000	22,752,000	20,071,000	16,628,000	23,684,000	19,773,000	17,095,000	13,778,000	24,539,000	19,660,000	16,364,000	13,454,000	15,249,000	12,203,000	11,913,000	11,902,000	13,591,000	12,871,000
long‑term debt																													688,952,000		746,012,000	732,762,000	691,265,000		607,395,000	586,940,000	572,200,000		596,840,000	601,840,000	629,891,000		604,629,000	549,475,000	484,287,000		441,610,000	472,105,000	386,737,000			342,699,000
trade accounts receivable, less allowance for losses of 5,976 and 6,000, respectively																														255,350,000
intangible assets – at cost, less accumulated amortization of 20,325 and 17,432, respectively																														18,867,000
shareholders' equity:
total liabilities and shareholders' equity																															1,840,907,000	1,811,515,000	1,775,388,000		1,738,865,000	1,698,333,000	1,651,202,000		1,735,619,000	1,714,002,000	1,742,977,000		1,743,649,000	1,733,630,000	1,675,744,000		1,827,231,000	1,926,472,000	1,895,883,000		1,846,804,000	1,800,895,000	1,768,012,000		1,736,840,000	1,684,057,000	1,701,403,000		1,631,425,000	1,676,096,000
trade accounts receivable, less allowance for losses of 6,000 and 4,836, respectively																																		195,439,000
intangible assets – at cost, less accumulated amortization of 17,432 and 16,314, respectively																																		7,211,000
deferred income taxes																																		18,724,000	12,017,000	11,227,000	11,375,000	9,650,000	7,225,000	6,532,000	3,820,000	24,438,000	22,171,000	21,977,000	21,565,000	21,735,000				23,707,000				14,153,000				14,773,000				12,594,000										11,825,000				9,934,000	2,887,000	4,055,000	4,815,000	12,851,000	10,010,000	11,085,000	9,175,000	8,012,000	18,933,000
trade accounts receivable, less allowance for losses of 4,836 and 3,871, respectively																																						194,509,000
intangible assets – at cost, less accumulated amortization of 16,314 and 15,176, respectively																																						8,126,000
trade accounts receivable, less allowance for losses of 3,871 and 3,838, respectively																																										232,047,000
intangible assets – at cost, less accumulated amortization of 15,176 and 14,390, respectively																																										9,209,000
total shareholders' equity																																													944,749,000
trade accounts receivable, less allowance for losses of 3,838 and 4,327, respectively																																														228,907,000
intangible assets – at cost, less accumulated amortization of 14,390 and 15,634, respectively																																														8,760,000
accumulated other comprehensive income																																														-85,128,000	-45,588,000		6,157,000	6,002,000										31,896,000	16,989,000					10,868,000			36,743,000	79,298,000	75,729,000	47,970,000	37,409,000	16,418,000	3,074,000	1,273,000			-29,804,000	-32,602,000	-24,891,000	-22,921,000	-7,856,000	6,567,000	-20,959,000
trade accounts receivable, less allowance for losses of 4,327 and 3,045, respectively																																																		233,751,000
intangible assets – at cost, less accumulated amortization of 15,634 and 14,353, respectively																																																		10,546,000
trade accounts receivable, less allowance for losses of 3,045 and 3,588, respectively																																																						237,626,000
intangible assets – at cost, less accumulated amortization of 14,353 and 13,233, respectively																																																						11,578,000
trade accounts receivable, less allowance for losses of 3,588 and 3,999, respectively																																																										219,494,000
intangible assets – at cost, less accumulated amortization of 13,233 and 12,281, respectively																																																										12,660,000
trade accounts receivable, less allowance for losses of 3,999 and 3,427, respectively																																																														218,614,000
intangible assets — at cost, less accumulated amortization of 12,281 and 11,014, respectively																																																														13,219,000
current maturities of long-term debt																																																																													65,405,000	64,202,000	209,406,000	207,341,000	19,370,000	20,204,000	20,152,000	20,269,000	13,759,000
trade accounts receivable, less allowance for losses of 4,242 and 7,671, respectively																																																																								196,458,000
intangible assets – at cost, less accumulated amortization of 9,501 and 7,656, respectively																																																																								14,789,000
commitments and contingencies
trade accounts receivable, less allowance for losses of 7,671 and 7,327, respectively																																																																												178,307,000
intangible assets – at cost, less accumulated amortization of 7,656 and 6,223, respectively																																																																												14,507,000
unearned portion of nonvested stock
nonvested stock
trade accounts receivable, less allowance for losses of 7,327 and 6,629, respectively																																																																																163,724,000
intangible assets – at cost, less accumulated amortization of 6,223 and 4,794, respectively																																																																																14,964,000
unearned portion of restricted stock																																																																																-5,965,000	-4,042,000	-4,729,000	-5,109,000	-5,500,000	-3,844,000
trade accounts receivable, less allowance for losses of 6,629 and 4,843, respectively																																																																																				172,912,000
intangible assets – at cost, less accumulated amortization of 4,794 and 3,484, respectively																																																																																				17,904,000
trade accounts receivable, less allowance for losses of 4,843 and 4,885, respectively																																																																																					168,073,000
intangible assets - at cost, less accumulated amortization of 3,484 and 4,089, respectively																																																																																					17,553,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	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	2021-06-30	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	2014-06-30	2014-03-31	2013-12-31	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-06-30	2010-12-31	2009-09-30	2009-03-31	2008-09-30	2008-06-30	2008-03-31	2007-09-30	2006-03-31	2005-12-31	2005-06-30

cash flows from operating activities:
net earnings	36,956,000	37,587,000	34,462,000	30,104,000	32,690,000	30,932,000	30,940,000	-5,833,000	31,543,000	34,033,000	33,651,000	29,121,000	36,048,000	38,647,000	37,071,000	27,229,000	57,604,000	31,668,000	25,169,000	32,910,000	30,620,000	20,773,000	-16,962,000	31,871,000	34,331,000	32,807,000	32,850,000	47,193,000	39,123,000	38,194,000	13,421,000	32,213,000	30,774,000	13,192,000	31,350,000	35,619,000	28,116,000	31,171,000	19,218,000	27,591,000	29,450,000	30,526,000	25,355,000	26,986,000	-2,075,000	28,049,000	53,721,000	21,439,000	27,221,000	32,876,000	34,905,000	28,906,000	28,586,000	59,901,000
adjustments to arrive at net cash from operating activities:
depreciation and amortization	15,556,000	15,260,000	15,074,000	15,144,000	15,460,000	15,016,000	14,709,000	14,460,000	14,770,000	14,440,000	14,150,000	13,205,000	13,082,000	13,124,000	13,056,000	13,223,000	25,817,000	12,799,000	12,810,000	12,309,000	12,118,000	12,404,000	13,309,000	13,965,000	14,069,000	13,672,000	14,187,000	13,035,000	13,444,000	12,578,000	11,892,000	12,190,000	12,295,000	12,141,000	11,843,000	11,875,000	11,689,000	11,612,000	11,565,000	12,116,000	11,874,000	12,384,000	11,995,000	26,395,000	13,424,000	12,965,000	25,893,000	12,963,000	11,848,000	12,051,000	12,416,000	12,037,000	11,116,000	23,474,000
share-based compensation expense	3,945,000	3,739,000	2,900,000	3,104,000	2,069,000	2,916,000	1,995,000	1,648,000	2,519,000	2,499,000	2,267,000	3,662,000	3,785,000	4,528,000	4,163,000	3,142,000	4,188,000	2,113,000	1,591,000
net loss on assets	90,000	30,000	46,000			-2,000	-193,000		-162,000	73,000	8,000	-7,000	321,000	10,000	-48,000	128,000	206,000	161,000			36,000	14,000	102,000	-1,149,000	-34,000	-41,000	-248,000	52,000	189,000	70,000	1,181,000	1,043,000	-58,000	386,000
portfolio optimization plan costs	833,000	443,000	831,000	9,000	-89,000	306,000	1,189,000
deferred income taxes	1,188,000	1,429,000	1,282,000	-7,481,000	-11,646,000	533,000	-4,000	-7,182,000	4,725,000	-292,000	-2,351,000	-31,475,000	8,221,000	8,033,000	4,211,000	-9,864,000	1,702,000	4,257,000	296,000	-10,076,000	-3,002,000	4,077,000	-17,037,000	-1,394,000	-3,583,000	2,674,000	6,692,000	-6,781,000	14,279,000	-4,346,000	26,501,000	-4,322,000	-6,967,000	2,202,000	1,974,000	2,223,000	7,580,000	-1,349,000	-8,918,000	1,434,000	-1,350,000	4,382,000	-8,218,000	-6,590,000	-7,405,000	-5,078,000	-222,000	1,804,000	2,289,000	289,000	529,000	-191,000	970,000	3,882,000
changes in operating assets and liabilities:
trade accounts receivable	10,577,000	-9,513,000	-20,780,000	2,500,000	17,311,000	-21,118,000	-28,331,000	16,971,000	12,768,000	13,204,000	-7,142,000	-6,566,000	2,072,000	-20,751,000	-20,841,000	719,000	-26,902,000	-27,237,000	-3,395,000	12,532,000	21,190,000	-41,684,000
inventories	-35,061,000	-7,750,000	7,202,000	-33,197,000	-21,828,000	10,106,000	26,624,000	-6,738,000	-4,528,000	-12,553,000	-4,374,000	-46,993,000	-60,253,000	-39,867,000	-11,901,000	-20,425,000	19,357,000	27,621,000	29,395,000	-7,383,000	-4,242,000	29,058,000	10,745,000	-14,708,000
prepaid expenses and other assets	1,868,000	-2,964,000	-8,064,000	-5,628,000	6,833,000	7,043,000	-13,655,000	4,925,000	-2,692,000	5,596,000	-2,062,000	34,543,000	-13,679,000	-14,808,000	-11,111,000	8,959,000	-15,573,000	-13,239,000	-8,142,000	-751,000	2,073,000	-6,048,000	8,310,000	-1,658,000
accounts payable and other accrued expenses	6,605,000	8,281,000	-25,859,000		18,058,000	-729,000	-21,993,000		-2,243,000	922,000	-19,251,000		3,609,000	30,768,000	-10,267,000		9,632,000	-6,242,000		-943,000	7,188,000	2,773,000
accrued salaries, wages, and withholdings from employees	5,348,000	6,536,000	-21,665,000	5,749,000	8,945,000	7,795,000	29,000	-1,081,000	2,964,000	1,474,000	-21,187,000	1,667,000	6,007,000	8,237,000	-12,425,000	5,558,000	-3,944,000	-10,872,000
income taxes	-4,139,000	-5,926,000	4,989,000	-1,664,000	7,445,000	-9,741,000	3,150,000	5,361,000	-4,538,000	-4,546,000	2,548,000	8,764,000	-7,107,000	-4,298,000	7,063,000	5,430,000	1,953,000	5,742,000	3,921,000	-7,798,000	2,237,000	1,662,000	3,458,000	-2,663,000																																							-10,652,000	10,048,000
other liabilities	193,000	1,130,000	604,000	-979,000	1,582,000	755,000	674,000	1,041,000	-8,000	-103,000	698,000	404,000	-1,000	62,000	137,000	-2,595,000	1,710,000	955,000	-1,113,000	3,348,000	35,000	553,000
net cash from operating activities	43,959,000	48,282,000	-8,978,000	21,390,000	76,815,000	43,812,000	15,134,000	62,877,000	55,118,000	54,747,000	-3,045,000	-2,828,000	-7,895,000	23,685,000	-892,000	29,070,000	89,261,000	28,964,000	75,853,000	35,313,000	70,686,000	36,928,000	49,601,000	51,368,000	52,789,000	23,424,000	74,660,000	37,054,000	-46,445,000	18,251,000	69,384,000	48,308,000	25,248,000	37,566,000	71,884,000	49,749,000	54,672,000	46,173,000	34,573,000	16,597,000	46,288,000	30,589,000	62,079,000	69,439,000	19,835,000	35,784,000	70,044,000	25,589,000	47,156,000	43,093,000	40,139,000	8,978,000	36,305,000	66,835,000	45,180,000	43,138,000	-48,752,000	27,802,000	28,752,000	9,734,000	31,843,000	20,782,000	18,390,000	59,177,000
capital expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	43,959,000	48,282,000	-8,978,000	21,390,000	76,815,000	43,812,000	15,134,000	62,877,000	55,118,000	54,747,000	-3,045,000	-2,828,000	-7,895,000	23,685,000	-892,000	29,070,000	89,261,000	28,964,000	75,853,000	35,313,000	70,686,000	36,928,000	49,601,000	51,368,000	52,789,000	23,424,000	74,660,000	37,054,000	-46,445,000	18,251,000	69,384,000	48,308,000	25,248,000	37,566,000	71,884,000	49,749,000	54,672,000	46,173,000	34,573,000	16,597,000	46,288,000	30,589,000	62,079,000	69,439,000	19,835,000	35,784,000	70,044,000	25,589,000	47,156,000	43,093,000	40,139,000	8,978,000	36,305,000	66,835,000	45,180,000	43,138,000	-48,752,000	27,802,000	28,752,000	9,734,000	31,843,000	20,782,000	18,390,000	59,177,000
cash flows from investing activities:
acquisition of property, plant, and equipment	-19,753,000	-21,181,000	-16,854,000	-23,124,000	-13,238,000	-11,820,000	-11,030,000	-20,150,000	-22,581,000	-22,859,000	-22,278,000	-27,619,000	-19,235,000	-19,732,000	-12,736,000	-23,180,000	-25,550,000	-14,244,000	-18,153,000	-12,592,000	-12,006,000	-9,411,000		-9,467,000	-8,306,000	-8,300,000
proceeds from sale of assets	341,000	49,000	7,000	1,000	42,000	203,000	93,000	26,000	77,000	52,000	1,000	170,000	2,000	3,000	89,000	15,000	169,000	69,000	53,000	1,016,000	0	6,000	209,000	1,942,000	46,000	45,000	2,332,000	0	238,000	45,000	5,041,000	139,000	5,200,000	105,000	2,657,000	2,687,000	873,000	37,000	86,000	199,000	34,000	12,593,000	103,000	930,000	919,000	294,000	31,000	24,000	43,000	0	1,289,000	32,000	2,073,000	2,000	84,000	0	-1,942,000	1,921,000	2,000	23,000	694,000	64,000	119,000
acquisition of new business	0	-518,000	-4,349,000																																				0	0
other investing activities	-94,000	1,442,000	-88,000	1,108,000	-1,108,000	-335,000	-1,000	-295,000	-18,000	2,656,000	-602,000	-155,000	-624,000	1,137,000	434,000	-251,000	-254,000	286,000	116,000	560,000	-110,000	4,505,000																																	120,000
net cash from investing activities	-19,506,000	-20,208,000	-21,284,000	-22,015,000	-14,304,000	-11,952,000	-10,938,000	-22,069,000	-22,522,000	-20,151,000	-22,879,000	-46,738,000	-20,905,000	-18,592,000	-12,213,000	-22,416,000	10,620,000	-9,830,000	-17,617,000	-10,043,000	-861,000	-4,900,000	-17,651,000	-2,791,000	-8,413,000	-8,556,000	-12,018,000			-13,760,000	-18,555,000	-13,226,000	-4,466,000	2,430,000	-20,714,000	-21,057,000	-19,331,000	-14,101,000	-24,551,000	-18,406,000	-31,975,000	-862,000	-32,664,000	-29,442,000	-13,886,000	-26,748,000	-55,342,000	-21,085,000	-36,245,000	-19,789,000	-29,649,000	-17,001,000	-29,708,000	-23,911,000	-22,595,000	-11,580,000	22,222,000	-9,704,000	-10,813,000	-10,628,000	-9,814,000	-3,807,000	-13,224,000	-13,902,000
cash flows from financing activities:
proceeds from additional borrowings	19,135,000	40,035,000	66,449,000	24,889,000	2,243,000	94,136,000	38,053,000	154,085,000	10,540,000	136,210,000	50,827,000	140,882,000	118,291,000	29,325,000	40,099,000	56,605,000	25,997,000	21,530,000	3,503,000	-5,506,000	29,001,000	9,669,000	11,957,000	10,123,000	8,314,000	16,689,000	74,103,000	140,569,000	15,509,000	92,348,000	42,787,000	48,567,000	134,163,000	5,657,000	59,192,000	55,886,000	11,922,000	95,562,000	132,420,000	68,617,000	79,128,000	51,112,000	22,925,000	174,741,000	49,254,000	114,399,000	75,596,000	33,438,000	18,238,000	8,060,000	16,241,000	31,364,000	134,667,000	43,406,000	10,673,000	470,000	79,907,000	31,278,000	0	9,052,000	13,786,000	22,624,000	40,112,000	30,110,000
debt payments	-41,514,000	-32,377,000	-10,771,000	-12,854,000	-33,648,000	-93,540,000	-27,031,000	-181,078,000	-30,160,000	-142,572,000	-1,351,000	-83,790,000	-56,110,000	-25,272,000	-6,275,000	-42,634,000	-62,578,000	-8,999,000	-53,287,000	-2,212,000	-87,745,000	-11,104,000	-43,483,000	-35,784,000	-42,605,000	-12,577,000	-126,118,000	-125,205,000	-20,729,000	-12,280,000	-49,786,000	-35,882,000	-134,932,000	-19,350,000	-61,395,000	-62,630,000	-35,783,000	-87,284,000	-124,812,000	-11,753,000	-13,060,000	-7,037,000	-12,550,000	-73,478,000	-43,096,000	-116,321,000	-55,127,000	-23,954,000	-11,840,000	-22,777,000	-11,822,000	-11,613,000	-120,090,000	-71,878,000	-21,361,000	-28,296,000	-56,814,000	-43,858,000	-18,491,000	-3,071,000	-30,234,000
dividends paid	-17,496,000	-17,324,000	-17,376,000	-17,365,000	-17,349,000	-17,373,000	-17,312,000	-17,322,000	-17,323,000	-17,322,000	-17,255,000	-17,234,000	-17,235,000	-17,235,000	-17,211,000	-17,226,000	-33,027,000	-16,535,000	-16,520,000	-16,519,000	-16,518,000	-16,500,000	-16,502,000	-15,235,000	-15,235,000	-15,218,000	-15,215,000	-13,951,000	-13,970,000	-14,274,000	-14,342,000	-13,143,000	-13,247,000	-13,306,000	-13,278,000	-12,091,000	-12,103,000	-12,163,000	-12,209,000	-12,301,000	-11,668,000	-11,932,000	-12,032,000	-23,809,000	-11,539,000	-11,497,000	-22,507,000	-10,999,000	-10,937,000	-10,941,000	-10,987,000	-10,561,000	-10,517,000	-21,001,000	-9,941,000	-9,267,000	17,192,000	-9,177,000	-8,648,000	-8,587,000	-8,481,000	-6,949,000	-7,036,000	-14,150,000
other financing activities	0	-307,000	-2,341,000	-1,078,000	-301,000	-188,000	-2,828,000	-1,244,000	-31,000	-334,000	-7,669,000	0	0	-377,000	-1,679,000	0	-582,000	-228,000	0	-1,000	-165,000	-249,000
net cash from financing activities	-39,875,000	-9,973,000	35,961,000	-6,408,000	-49,055,000	-16,965,000	-9,118,000	-45,559,000	-36,974,000	-24,018,000	24,552,000	39,858,000	44,946,000	-13,559,000	14,934,000	-14,299,000	-92,697,000	-15,897,000	-66,304,000	-24,238,000	-75,427,000	-18,184,000	-48,028,000	-40,895,000	-49,751,000	-11,909,000	-67,230,000	-2,615,000	-19,254,000	-9,625,000	-46,467,000	-38,142,000	-28,964,000	-39,841,000	-41,968,000	-25,389,000	-38,970,000	-21,644,000	-20,804,000	6,667,000	-10,307,000	-25,690,000	-29,939,000	-30,903,000	-7,774,000	-12,925,000	-1,618,000	-1,459,000	-10,031,000	-25,132,000	-7,711,000	-5,898,000	4,259,000	-46,719,000	-19,980,000	-33,163,000	26,587,000	-17,583,000	-20,832,000	2,872,000	-20,890,000	-21,343,000	-2,604,000	-43,219,000
effect of exchange rate changes on cash and cash equivalents	1,405,000	6,011,000	249,000	-3,310,000	-6,826,000	-9,973,000	1,405,000	1,700,000	-183,000	1,951,000	4,468,000	-15,950,000	5,162,000	1,562,000	4,606,000	446,000	1,352,000	-7,000	5,938,000	4,992,000	3,393,000	-11,912,000	2,809,000	-3,142,000	1,361,000	-964,000	-271,000	1,445,000	-4,456,000	6,210,000	328,000	1,698,000	5,089,000	3,089,000	-6,842,000	9,000	-881,000	2,278,000	-1,401,000	-2,463,000	-304,000	-6,283,000	-4,936,000	-502,000	-548,000	-530,000	-1,481,000	1,363,000	1,842,000	2,113,000	-4,073,000	4,415,000	-1,485,000	3,837,000	-756,000	-2,906,000	226,000	-696,000	365,000	308,000	-40,000	152,000	-74,000	-623,000
net increase in cash and cash equivalents	-14,017,000	24,112,000	5,948,000	-10,343,000	6,630,000	4,922,000	-3,517,000	-3,051,000	-4,561,000	12,529,000	3,096,000	-25,658,000	21,308,000	-6,904,000	6,435,000	-7,199,000	8,536,000	3,230,000	-2,130,000			1,932,000	-13,269,000	4,540,000	-4,014,000	1,995,000	-4,859,000	5,872,000	468,000	1,076,000	4,690,000	-1,362,000	-3,093,000	3,244,000	2,360,000	3,312,000	-4,510,000	12,706,000	-12,183,000	2,395,000			-5,460,000	8,592,000	-2,373,000	-4,419,000	11,603,000	4,408,000					9,371,000	42,000	1,849,000	-4,511,000	283,000	-181,000	-2,528,000	2,286,000	1,099,000	-4,216,000	2,488,000	1,433,000
cash and cash equivalents at beginning of period	0	0	26,626,000		0	0	28,934,000		0	0	20,921,000		0	0	25,740,000		24,770,000	24,770,000		0	0	21,153,000		0	0	31,901,000		0	0	29,344,000		0	0	25,865,000		0	0	11,997,000		0	0	20,329,000		19,836,000	19,836,000		15,062,000	15,062,000		0	0	22,855,000		14,255,000		0	-2,024,000	0	0	10,522,000	0	7,068,000		2,243,000
cash and cash equivalents at end of period	-14,017,000	24,112,000	32,574,000		6,630,000	4,922,000	25,417,000		-4,561,000	12,529,000	24,017,000		21,308,000	-6,904,000	32,175,000		33,306,000	28,000,000		6,024,000	-2,209,000	23,085,000		4,540,000	-4,014,000	33,896,000		5,872,000	468,000	30,420,000		-1,362,000	-3,093,000	29,109,000		3,312,000	-4,510,000	24,703,000		2,395,000	3,702,000	18,083,000		28,428,000	17,463,000		26,665,000	19,470,000		285,000	-1,294,000	13,349,000		14,297,000		-4,511,000	-1,741,000	-181,000	-2,528,000	12,808,000	1,099,000	2,852,000		3,676,000
cash flows from operating activities
net (gain) loss on assets
net gain on divestitures and other charges
trade accounts payable and other accrued expenses
cash flows from investing activities
proceeds from divestiture of businesses																																0	0	12,457,000
acquisition of new businesses																												-19,787,000	-313,000	-11,000,000
cash flows from financing activities
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
cash paid during the year for:
interest																																																															15,200,000	17,037,000
capitalized interest
net gain on assets
net income on assets
net (gain) loss on divestitures and other charges
purchase of treasury stock																-11,044,000	-22,507,000	-11,665,000									0	-4,030,000	0	-72,704,000	-22,731,000	-37,743,000	-14,378,000	-12,365,000	-22,372,000	-6,673,000	-3,135,000	-17,920,000	-15,576,000	-37,896,000	-65,077,000	-58,017,000	-28,439,000	-108,753,000	-2,724,000				-6,050,000	0	-1,744,000	-15,360,000										-4,563,000
net loss on divestitures and other charges
loss on divestitures and other charges																247,000	13,511,000	1,238,000
proceeds from divesture of businesses																	36,255,000	4,059,000		973,000
cash receipts on sold receivables																											0	0	82,091,000	9,051,000
accrued salaries, wages and withholdings from employees																				927,000	4,872,000	1,611,000
share-based compensation																					1,485,000	1,177,000		339,000	-1,842,000	687,000	-1,038,000	-242,000	529,000	1,254,000	-441,000	2,044,000	2,322,000	1,930,000	966,000	1,940,000	2,785,000	2,018,000	1,584,000	-697,000	374,000	337,000	2,230,000	2,849,000	1,022,000	6,467,000	1,330,000	640,000	6,711,000	950,000	1,224,000	1,201,000	5,146,000	2,345,000
loss on divestitures																					-3,924,000	10,558,000
net decrease in cash and cash equivalents																																										-2,246,000										-9,506,000
acquisition of property, plant and equipment																											-16,650,000	-10,090,000	-12,942,000	-11,058,000	-23,519,000	-13,159,000	-9,597,000	-10,069,000	-23,212,000	-23,710,000	-20,174,000	-14,120,000	-24,433,000	-18,538,000	-23,539,000	-13,431,000	-32,672,000	-29,752,000	-14,711,000	-26,999,000	-55,241,000	-21,039,000	-36,206,000	-19,753,000	-30,908,000	-16,939,000	-28,075,000	-23,758,000	-22,799,000	-11,331,000	25,548,000	-11,508,000	-10,763,000	-12,113,000	-9,870,000	-4,383,000	-13,760,000	-14,125,000
proceeds from divesture of business
accounts receivable																								23,486,000
accounts payable and accrued expenses																								1,836,000
salaries, wages and withholdings from employees																								951,000
other deferred liabilities																								492,000
other investing activity																								4,734,000	-153,000	-301,000		-135,000	1,549,000	-798,000		-206,000	-69,000	-63,000		-34,000	-30,000	-18,000		-67,000	-77,000	-24,000		-620,000	-94,000		-132,000	-70,000		-36,000	-30,000	-94,000		-155,000		-249,000				1,462,000
other financing activity																								1,000	-225,000	-803,000		2,000	-64,000	-2,715,000		59,000	-570,000	-477,000
changes in operating assets and liabilities																										-26,375,000		-16,203,000	-114,009,000	-29,499,000		5,118,000	-14,374,000	-24,167,000		-1,694,000	110,000	2,263,000		-26,404,000	2,260,000	-19,528,000		-28,461,000	-24,213,000		-13,751,000	-13,637,000		-3,105,000	-7,917,000	-32,946,000		-23,061,000
loss on divestiture of business
liquidation of foreign entity																																			0	0
loss on divestiture of businesses																																22,000	1,256,000	31,882,000
net provided by investing activities
proceeds from options exercised and other equity transactions																																			-4,115,000	119,000	129,000	161,000	-627,000	0	370,000	184,000	157,000	396,000	331,000	494,000	420,000	56,000	558,000	526,000	601,000	272,000	199,000	2,754,000	649,000	3,930,000				5,478,000
loss on assets																																				-214,000	7,649,000	458,000	4,465,000	2,557,000	3,680,000	2,488,000	4,192,000	48,260,000	39,082,000	338,000	3,073,000	2,380,000	146,000	32,000	-1,018,000	-29,000	-4,620,000	294,000
acquisition of new businesses, net of cash acquired
1.
2.
proceeds from options exercised																																																										4,174,000						3,555,000
decrease in other assets																																																														512,000	417,000	223,000
restructuring and other charges
gain on assets
proceeds from sale of fixed assets and investments
debt and capital lease payments																																																														-32,455,000		-62,734,000
gain on sale of assets
acquisition of businesses – net of cash acquired
liabilities assumed in acquisitions
supplemental disclosure of cash flow information:
cash paid during the period for:
net earnings:
as reported																																																																15,863,000
add: reported stock compensation expense — net of tax
less: fair value stock compensation expense — net of tax
pro forma net earnings																																																																15,369,000
earnings per common share:
basic as reported																																																																340
less: net impact of fair value stock compensation expense — net of tax
basic pro forma																																																																330
diluted as reported																																																																340
diluted pro forma																																																																330
add: reported stock compensation expense – net of tax																																																																326,000
less: fair value stock compensation expense – net of tax																																																																-820,000
less: net impact of fair value stock compensation expense – net of tax																																																																-10
expenses are charged to operations in the year incurred. however, for reporting purposes, certain expenses are charged to operations based on an estimate rather than as expenses are actually incurred.
certain amounts as previously presented have been reclassified to conform to the current period presentation.
special charges
earnings from continuing operations
net cash from operating activities of continuing operations
net cash from operating activities of discontinued operations
reduction in debt

Sensient Technologies Corporation(NYSE:SXT)

Sensient Technologies Corporation
(NYSE:SXT)