v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Treasury Stock [Member]
Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2024   $ 32 $ 106,702 $ 763,240 $ (72,239) $ (52,864) $ 197,774
Shares issued upon exercise of stock options     2,112        
Share-based compensation     411 705     (122)
Other     0        
Purchase/Transfer of subsidiary shares     (423)       0
Purchase of subsidiary shares from noncontrolling interests             0
Pension benefits, net of tax $ (102)       (73)   (29)
Net income 96,600     74,480     22,120
Dividends       (51,394)     (26,875)
Reclassification Adjustment - See Note 1             0
Foreign currency translation adjustment, net of tax 87,102       64,370   22,732
Transfer from other comprehensive income into earnings 1,631       1,631    
Net derivative instrument gain (loss), net of tax         4,712   1,793
Shares repurchased           (2,043)  
Ending Balance at Jun. 30, 2025 1,056,752 32 108,802 787,031 (1,599) (54,907) 217,393
Beginning Balance at Mar. 31, 2025   32 107,985 780,338 (46,854) (52,864) 218,882
Shares issued upon exercise of stock options     1,035        
Share-based compensation     205 399     (177)
Other     0        
Purchase/Transfer of subsidiary shares     (423)       0
Purchase of subsidiary shares from noncontrolling interests             0
Pension benefits, net of tax (52)       (37)   (15)
Net income 41,197     31,988     9,209
Dividends       (25,694)     (26,566)
Reclassification Adjustment - See Note 1       0     0
Foreign currency translation adjustment, net of tax 59,180       43,722   15,458
Transfer from other comprehensive income into earnings 0       0    
Net derivative instrument gain (loss), net of tax         1,570   602
Shares repurchased           (2,043)  
Ending Balance at Jun. 30, 2025 1,056,752 32 108,802 787,031 (1,599) (54,907) 217,393
Beginning Balance at Dec. 31, 2025 1,104,024 32 127,541 828,906 (9,029) (66,734) 223,308
Shares issued upon exercise of stock options     280        
Share-based compensation     489 0     361
Other     (658)       658
Purchase/Transfer of subsidiary shares     0        
Purchase of subsidiary shares from noncontrolling interests             (1,496)
Pension benefits, net of tax (108)       (78)   (30)
Net income 93,585     73,853     19,732
Dividends       (51,263)     (28,332)
Reclassification Adjustment - See Note 1 (12,900)     (12,908)     12,908
Foreign currency translation adjustment, net of tax (21,983)       (15,114)   (6,869)
Transfer from other comprehensive income into earnings (479)       (479)    
Net derivative instrument gain (loss), net of tax         (441)   (3)
Shares repurchased           (3,936)  
Ending Balance at Jun. 30, 2026 1,090,698 32 127,652 838,588 (25,141) (70,670) 220,237
Beginning Balance at Mar. 31, 2026   32 127,503 846,631 (21,853) (70,670) 230,909
Shares issued upon exercise of stock options     0        
Share-based compensation     245 0     181
Other     (96)       96
Purchase/Transfer of subsidiary shares     0        
Purchase of subsidiary shares from noncontrolling interests             (248)
Pension benefits, net of tax (53)       (38)   (15)
Net income 36,882     30,487     6,395
Dividends       (25,622)     (28,332)
Reclassification Adjustment - See Note 1       (12,908)     12,908
Foreign currency translation adjustment, net of tax (4,823)       (3,189)   (1,634)
Transfer from other comprehensive income into earnings 433       433    
Net derivative instrument gain (loss), net of tax         (494)   (23)
Shares repurchased           0  
Ending Balance at Jun. 30, 2026 $ 1,090,698 $ 32 $ 127,652 $ 838,588 $ (25,141) $ (70,670) $ 220,237