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Interim Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 126,480 $ 178,110
Trade accounts receivable, less allowances of $16,571 at March 31, 2019 and $15,469 at December 31, 2018 489,281 535,528
Inventories 282,087 268,821
Other current assets and prepaid expenses 71,536 63,401
Total current assets 969,384 1,045,860
Property, plant and equipment, net 722,926 717,526
Goodwill 535,517 534,780
Other intangible assets, net 213,977 217,308
Non-current deferred tax assets, net 34,495 35,066
Other non-current assets 160,398 68,307
Total assets 2,636,697 2,618,847
Current liabilities:    
Trade accounts payable 174,639 196,641
Accrued and other liabilities 161,438 156,449
Accrued compensation and related items 112,414 152,516
Deferred revenue and customer prepayments 128,962 105,381
Taxes payable 76,713 73,777
Short-term borrowings and current maturities of long-term debt 53,798 49,670
Total current liabilities 707,964 734,434
Long-term debt 1,008,485 985,021
Non-current deferred tax liabilities 39,648 48,818
Other non-current liabilities 318,850 260,511
Total liabilities 2,074,947 2,028,784
Commitments and contingencies (Note 17)  
Shareholders' equity:    
Preferred stock, $0.01 par value per share; authorized 10,000,000 shares 0 0
Common stock, $0.01 par value per share; authorized 125,000,000 shares; issued 44,786,011 and 44,786,011 shares; outstanding 24,803,286 and 24,921,963 shares at March 31, 2019 and December 31, 2018, respectively 448 448
Additional paid-in capital 769,950 764,717
Treasury stock at cost (19,982,725 shares at March 31, 2019 and 19,864,048 shares at December 31, 2018) (3,972,597) (3,814,604)
Retained earnings 4,053,703 3,941,916
Accumulated Other Comprehensive Income (Loss), Net of Tax (289,754) (302,414)
Total shareholders' equity 561,750 590,063
Total liabilities and shareholders' equity $ 2,636,697 $ 2,618,847