LINCOLN ELECTRIC HOLDINGS INC
For the period ended Jun 30, 2026. Filed Jul 30, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 30, 2026
LECO$284.42-0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
CONDENSED CONSOLIDATED BALANCE SHEETS
(Dollars in thousands)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · June 30, 2026 · · December 31, 2025 | ||||||
| · · (UNAUDITED) · · (NOTE 1) | ||||||
| ASSETS | | | | | | |
| Current Assets · · · · | ||||||
| Cash and cash equivalents | | $242,443 | | $308,789 | ||
| Accounts receivable (less allowance for doubtful accounts of $10,510 in 2026; $11,326 in 2025) | | 586,348 | | 538,791 | ||
| Inventories (Note 8) | | 690,543 | | 633,364 | ||
| Other current assets | | 241,216 | | 258,568 | ||
| Total Current Assets | | 1,760,550 | | 1,739,512 | ||
| Property, plant and equipment (less accumulated depreciation of $965,937 in 2026; $942,806 in 2025) | | | 731,762 | | | 702,762 |
| Goodwill | | 885,232 | | 886,686 | ||
| Other assets | | 435,766 | | 448,617 | ||
| TOTAL ASSETS | | $3,813,310 | | $3,777,577 | ||
| LIABILITIES AND EQUITY | | | | | ||
| Current Liabilities | | | | | ||
| Short-term debt (Note 10) | | $— | | $143,780 | ||
| Trade accounts payable | | 447,437 | | 364,934 | ||
| Accrued employee compensation and benefits | | 156,479 | | 116,158 | ||
| Other current liabilities | | 284,167 | | 331,819 | ||
| Total Current Liabilities | | 888,083 | | 956,691 | ||
| Long-term debt, less current portion (Note 10) | | 1,150,054 | | 1,150,228 | ||
| Other liabilities | | 220,993 | | 200,864 | ||
| Total Liabilities | | 2,259,130 | | 2,307,783 | ||
| Shareholders' Equity | | | | | ||
| Common shares, without par value - at stated capital amount; authorized 240,000,000 shares; issued 98,581,434 shares in 2026 and 2025; outstanding 54,505,757 shares in 2026 and 54,845,950 in 2025 | | 9,858 | | 9,858 | ||
| Additional paid-in capital | | 617,879 | | 601,566 | ||
| Retained earnings | | 4,548,978 | | 4,342,080 | ||
| Accumulated other comprehensive loss | | (213,496) | | (205,931) | ||
| Treasury shares, at cost - 44,075,677 shares in 2026 and 43,735,484 shares in 2025 | | (3,409,039) | | (3,277,779) | ||
| Total Equity | | 1,554,180 | | 1,469,794 | ||
| TOTAL LIABILITIES AND TOTAL EQUITY | | $3,813,310 | | $3,777,577 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.