Home » Financials » 2009 Annual Report
Consolidated Balance Sheets
As of November 30 | |||||||
| (Dollars in thousands, except per share data) | 2009 | 2008 | |||||
| Assets | |||||||
| Current assets | |||||||
| Cash and cash equivalents | $181,114 | $ 143,561 | |||||
| Receivables, less allowances of $5,351
in 2009 and $7,009 in 2008 |
151,210 | 181,961 | |||||
| Inventories | 62,700 | 95,645 | |||||
| Deferred income taxes | 19,795 | 25,582 | |||||
| Prepaid expenses and other current assets | 11,585 | 10,053 | |||||
| Total current assets | 426,404 |
456,802 |
|||||
| Investments | |||||||
| Equity method venture |
30,626 |
14,428 |
|||||
| Cost method ventures | 3,784 |
3,784 |
|||||
| Property, plant and equipment | |||||||
| Land | 46,029 |
38,679 |
|||||
| Buildings | 100,583 |
85,555 |
|||||
| Machinery and equipment | 345,604 |
306,177 |
|||||
| Construction in progress | 32,306 |
37,386 |
|||||
| Total property, plant and equipment at cost | 524,522 | 467,797 | |||||
| Accumulated depreciation | (286,014) | (261,635) | |||||
| Total property, plant and equipment, net | 238,508 | 206,162 | |||||
| Deferred income taxes | 14,321 | 4,763 | |||||
| Goodwill and intangible assets, net of accumulated amortization
of $1,257 in 2009 and $1,197 in 2008 |
2,088 | 2,108 | |||||
| Other assets | 46,818 | 38,275 | |||||
| Total assets | 762,549 | $ 726,322 | |||||
| The accompanying notes are an integral part of these consolidated financial statements.. | |||||||
| As of November 30 | |||||||
| 2009 | 2008 | ||||||
| Liabilities and Stockholders Equity | |||||||
| Current liabilities | |||||||
| Current portion of long-term debt | 7,366 | $ 16,763 | |||||
|---|---|---|---|---|---|---|---|
| Trade payables | 44,052 | 52,613 | |||||
| Accrued liabilities | 77,515 | 79,538 | |||||
| Income taxes payable | 10,004 | 10,443 | |||||
| Total current liabilities | 138,937 | 159,357 | |||||
| Long-term debt, less current portion | 30,933 | 35,989 | |||||
| Deferred income taxes | 1,710 | 3,806 | |||||
| Other long-term liabilities | 99,379 | 50,050 | |||||
| Total liabilities | 270,959 | 249,202 | |||||
| Commitments and contingencies | |||||||
| Stockholders' equity | |||||||
| Common Stock, par value $2.50 per share,
authorized 24,000,000 shares, outstanding 9,209,836 shares in 2009 and
9,188,692 shares in 2008, net of treasury shares |
29,920 | 29,805 | |||||
| Additional paid-in capital | 59,531 | 54,447 | |||||
| Retained earnings | 500,224 | 478,968 | |||||
| Accumulated other comprehensive loss | (42,036) | (31,475) | |||||
| Treasury stock (2,758,356 shares in 2009 and 2,733,300 shares in 2008) | (56,049) | (54,625) | |||||
| Total stockholders' equity | 491,590 | 477,120 | |||||
| Total liabilities and stockholders' equity | 762,549 | $ 726,322 | |||||
| | |||||||
| The accompanying notes are an integral part of these consolidated financial statements. | |||||||
