v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Common Stock Par Value
Treasury Stock
Capital in Excess of Par Value
Non- Controlling Interest
Beginning balance at Dec. 31, 2024 $ 2,485,924 $ 2,370,537 $ (429,475) $ 725 $ (595,781) $ 1,125,882 $ 14,036
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 190,395 190,518         (123)
Foreign currency translation adjustments 245,117 1 241,337       3,779
Changes in unrecognized pension gains and related amortization, net of tax 395   395        
Changes in derivative (losses) gains, net of tax (18,005)   (18,005)        
Stock awards and option exercises 24,401     2 6,554 17,845  
Cash dividends declared on common stock (59,641) (59,641)          
Treasury stock purchased (150,000)       (150,000)    
Excise tax on treasury shares (772)       (772)    
Ending balance at Jun. 30, 2025 2,717,814 2,501,415 (205,748) 727 (739,999) 1,143,727 17,692
Beginning balance at Mar. 31, 2025 2,551,534 2,419,414 (350,858) 726 (674,344) 1,142,620 13,976
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 111,732 111,720         12
Foreign currency translation adjustments 162,756 (1) 159,053       3,704
Changes in unrecognized pension gains and related amortization, net of tax 195   195        
Changes in derivative (losses) gains, net of tax (14,138)   (14,138)        
Stock awards and option exercises 5,642     1 4,534 1,107  
Cash dividends declared on common stock (29,718) (29,718)          
Treasury stock purchased (70,000)       (70,000)    
Excise tax on treasury shares (189)       (189)    
Ending balance at Jun. 30, 2025 2,717,814 2,501,415 (205,748) 727 (739,999) 1,143,727 17,692
Beginning balance at Dec. 31, 2025 2,685,981 2,642,552 (186,382) 728 (954,320) 1,165,518 17,885
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 160,403 160,247         156
Foreign currency translation adjustments (30,267) (120) (30,536)       389
Changes in unrecognized pension gains and related amortization, net of tax 3,637   3,637        
Changes in derivative (losses) gains, net of tax 5,956   5,956        
Stock awards and option exercises 33,315     4 8,074 25,237  
Cash dividends declared on common stock (61,531) (61,531)          
Treasury stock purchased (149,973)       (149,973)    
Excise tax on treasury shares (798)       (798)    
Ending balance at Jun. 30, 2026 2,646,723 2,741,148 (207,325) 732 (1,097,017) 1,190,755 18,430
Beginning balance at Mar. 31, 2026 2,647,557 2,684,382 (198,716) 731 (1,049,607) 1,192,705 18,062
Increase (Decrease) in Stockholders' Equity              
Net income (loss) 87,725 87,573         152
Foreign currency translation adjustments (10,516) (196) (10,536)       216
Changes in unrecognized pension gains and related amortization, net of tax 37   37        
Changes in derivative (losses) gains, net of tax 1,890   1,890        
Stock awards and option exercises 879     1 2,828 (1,950)  
Cash dividends declared on common stock (30,611) (30,611)          
Treasury stock purchased (50,000)       (50,000)    
Excise tax on treasury shares (238)       (238)    
Ending balance at Jun. 30, 2026 $ 2,646,723 $ 2,741,148 $ (207,325) $ 732 $ (1,097,017) $ 1,190,755 $ 18,430