Home » Financials » 2005 Annual Report
Consolidated Balance Sheets
As of November 30 | |||||||
| (Dollars in thousands, except per share data) | 2005 | 2004 | |||||
| Assets | |||||||
| Current assets | |||||||
| Cash and cash equivalents | $ 44,671 | $ 30,124 | |||||
| Receivables, less allowances of $7,984 in 2004 and $8,168 in 2003 |
180,558 | 162,636 | |||||
| Inventories | 98,389 | 90,297 | |||||
| Deferred income taxes | 17,598 | 15,526 | |||||
| Prepaid expenses and other current assets | 11,714 | 11,032 | |||||
| Total current assets | 352,930 | 309,615 | |||||
| Investments in joint ventures | |||||||
| Equity method |
13,777 |
16,042
| |||||
| Cost method | 5,922 |
5,922
| |||||
| Property, plant and equipment | |||||||
| Land | 38,959 | 38,875 | |||||
| Buildings | 88,606 | 87,159 | |||||
| Machinery and equipment | 284,593 | 286,769 | |||||
| Construction in progress | 15,500 | 8,812 | |||||
| Total property, plant and equipment at cost | 427,658 | 421,615 | |||||
| Accumulated depreciation | (272,993) | (267,964) | |||||
| Total property, plant and equipment, net | 154,665 | 153,651 | |||||
| Deferred income taxes | 143 | 6,029 | |||||
| Intangible assets, net of accumulated amortization of $10,550
in 2004 and $9,738 in 2003 |
13,259 | 13,795 | |||||
| Other assets | 37,340 | 38,883 | |||||
| Total assets | $578,036 | $543,937 | |||||
| As of November 30 | |||||||
| 2005 | 2004 | ||||||
| Liabilities and Stockholders Equity | |||||||
| Current liabilities | |||||||
| Current portion of long-term debt | $ 18,333 | $ 18,333 | |||||
| Trade payables | 54,349 | 49,156 | |||||
| Accrued liabilities | 63,071 | 53,221 | |||||
| Income taxes | 1,051 | 8,092 | |||||
| Total current liabilities | 136,804 | 128,802 | |||||
| Long-term debt, less current portion | 77,109 | 75,349 | |||||
| Other long-term liabilities | 67,625 | 60,619 | |||||
| Total liabilities | 281,538 | 264,770 | |||||
| Commitments and Contingencies | |||||||
| Stockholders' equity | |||||||
| Common stock, par value $2.50 a share,
authorized 24,000,000 shares, outstanding 8,431,471 shares in 2004 and 8,214,563 shares in 2003, net of treasury shares |
28,450 | 27,745 | |||||
| Additional paid-in capital | 28,936 | 21,903 | |||||
| Unearned restricted stock | (2,084) | (2,300) | |||||
| Retained earnings | 326,795 | 301,013 | |||||
| Accumulated other comprehensive loss | (36,324) | (20,420) | |||||
| Treasury stock (2,666,670 shares in 2004 and 2,659,810 in 2003) | (49,275) | (48,774) | |||||
| Total stockholders' equity | 296,498 | 279,167 | |||||
| Total liabilities and stockholders' equity | $ 578,036 | $ 543,937 | |||||
| | |||||||
