 |
|
Item 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
|
Year Ended September 30, |
|
|
| |
|
2002 |
|
2001 |
|
|
|
|
(In thousands, except share data and per share data) |
| ASSETS |
| Current assets: |
| Cash and cash equivalents |
$ 6,560 |
$ 5,191 |
| Accounts receivable (net of allowances of $7,046 and $5,400) |
154,592 |
157,782 |
| Inventories |
112,431 |
102,011 |
| Other current assets |
15,060 |
6,098 |
|
|
|
| Total current assets |
288,643 |
271,082 |
| Property, plant and equipment, at cost: |
| Land and buildings |
195,579 |
206,069 |
| Machinery and equipment |
949,208 |
902,769 |
| Transportation equipment |
9,288 |
11,526 |
| Leasehold improvements |
9,521 |
9,159 |
|
|
|
| |
1,163,596 |
1,129,523 |
| Less accumulated depreciation and amortization |
(591,509) |
(540,870) |
|
|
|
| Net property, plant and equipment |
572,087 |
588,653 |
| Goodwill, net |
260,421 |
259,660 |
| Other assets |
52,582 |
45,018 |
|
|
|
| |
$1,173,733 |
$1,164,413 |
|
|
|
|
|
|
|
|
|
| |
| LIABILITIES AND SHAREHOLDERS' EQUITY |
| |
| Current liabilities: |
| Accounts payable |
$ 75,130 |
$ 79,596 |
| Accrued compensation and benefits |
39,457 |
35,863 |
| Current maturities of debt |
62,917 |
97,152 |
| Other current liabilities |
45,013 |
46,636 |
|
|
|
| Total current liabilities |
222,517 |
259,247 |
| Long-term debt due after one year |
390,323 |
388,487 |
| Adjustment for fair value hedge |
19,751 |
8,603 |
|
|
|
| Total long-term debt, less current maturities |
410,074 |
397,090 |
| Deferred income taxes |
84,345 |
87,993 |
| Other long-term items |
51,650 |
17,323 |
| Commitments and contingencies (Notes 6 and 10) |
| Shareholders' equity: |
Preferred stock, $.01 par value; 50,000,000 shares authorized; no shares
outstanding |
--- |
--- |
Class A common stock, $.01 par value; 175,000,000 shares authorized;
34,346,467 and 22,968,317 outstanding at September 30, 2002 and 2001,
respectively |
|
|
Class B common stock, $.01 par value; 60,000,000 shares authorized; zero
and 10,601,346 outstanding at September 30, 2002 and 2001, respectively |
343 |
335 |
| Capital in excess of par value |
141,235 |
130,640 |
| Deferred compensation |
(2,267) |
(1,421) |
| Retained earnings |
298,279 |
282,117 |
| Accumulated other comprehensive loss |
(32,443) |
(8,911) |
|
|
|
| Total shareholders' equity |
405,147 |
402,760 |
|
|
|
| |
$1,173,733 |
$1,164,413 |
|
|
|
|
|
|
|
|
|
See accompanying notes.
|
|
|
