Home » Financials » 2006 Annual Report
Consolidated Balance Sheets
As of November 30 | |||||||
| (Dollars in thousands, except per share data) | 2006 | 2005 | |||||
| Assets | |||||||
| Current assets | |||||||
| Cash and cash equivalents | $ 139,479 | $ 44,671 | |||||
| Receivables, less allowances of $4,912 in 2006 and $7,693 in 2005 |
160,173 | 180,558 | |||||
| Inventories | 77,134 | 98,389 | |||||
| Deferred income taxes | 23,861 | 17,598 | |||||
| Prepaid expenses and other current assets | 15,921 | 11,714 | |||||
| Total current assets | 416,568 | 352,930 | |||||
| Investments in joint ventures | |||||||
| Equity method |
14,501 |
13,777 | |||||
| Cost method | 3,784 |
5,922 | |||||
| Property, plant and equipment | |||||||
| Land | 33,327 | 38,959 | |||||
| Buildings | 57,434 | 88,606 | |||||
| Machinery and equipment | 261,538 | 284,593 | |||||
| Construction in progress | 20,657 | 15,500 | |||||
| Total property, plant and equipment at cost | 372,956 | 427,658 | |||||
| Accumulated depreciation | (238,486) | (272,993) | |||||
| Total property, plant and equipment, net | 134,470 | 154,665 | |||||
| Deferred income taxes | - | 143 | |||||
| Intangible assets, net of accumulated amortization of $3,017 in 2006 and $10,142 in 2005 |
2,143 | 13,259 | |||||
| Other assets | 63,198 | 37,340 | |||||
| Total assets | $634,664 | $578,036 | |||||
| As of November 30 | |||||||
| 2006 | 2005 | ||||||
| Liabilities and Stockholders Equity | |||||||
| Current liabilities | |||||||
| Current portion of long-term debt | $ 10,000 | $ 18,333 | |||||
| Trade payables | 45,650 | 54,349 | |||||
| Accrued liabilities | 68,970 | 63,071 | |||||
| Income taxes | 11,481 | 1,051 | |||||
| Total current liabilities | 136,101 | 136,804 | |||||
| Long-term debt, less current portion | 72,525 | 77,109 | |||||
| Other long-term liabilities | 62,813 | 67,625 | |||||
| Total liabilities | 271,439 | 281,538 | |||||
| Commitments and Contingencies | |||||||
| Stockholders' equity | |||||||
| Common stock,par value $2.50 per share, authorized 24,000,000 shares, outstanding 9,075,094 shares in 2006 and 8,698,148 shares in 2005, net of treasury shares |
29,431 | 28,450 | |||||
| Additional paid-in capital | 39,500 | 28,936 | |||||
| Unearned restricted stock | - | (2,084) | |||||
| Retained earnings | 371,894 | 326,795 | |||||
| Accumulated other comprehensive loss | (27,232) | (36,324) | |||||
| Treasury stock (2,666,670 shares in 2004 and 2,659,810 in 2003) | (50,368) | (49,275) | |||||
| Total stockholders' equity | 363,225 | 296,498 | |||||
| Total liabilities and stockholders' equity | $ 634,664 | $ 578,036 | |||||
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