Interim Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 124,439	$ 178,110
Trade accounts receivable, less allowances of $16,835 at June 30, 2019 and $15,469 at December 31, 2018	498,723	535,528
Inventories	286,347	268,821
Other current assets and prepaid expenses	71,937	63,401
Total current assets	981,446	1,045,860
Property, plant and equipment, net	728,007	717,526
Goodwill	534,557	534,780
Other intangible assets, net	211,211	217,308
Non-current deferred tax assets, net	35,722	35,066
Other non-current assets	169,915	68,307
Total assets	2,660,858	2,618,847
Current liabilities:
Trade accounts payable	160,584	196,641
Accrued and other liabilities	162,777	156,449
Accrued compensation and related items	129,202	152,516
Deferred revenue and customer prepayments	128,704	105,381
Taxes payable	74,066	73,777
Short-term borrowings and current maturities of long-term debt	51,918	49,670
Total current liabilities	707,251	734,434
Long-term debt	1,087,874	985,021
Non-current deferred tax liabilities	40,282	48,818
Other non-current liabilities	321,365	260,511
Total liabilities	2,156,772	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 24,609,232 and 24,921,963 shares at June 30, 2019 and December 31, 2018, respectively	448	448
Additional paid-in capital	774,288	764,717
Treasury stock at cost (20,176,779 shares at June 30, 2019 and 19,864,048 shares at December 31, 2018)	(4,149,540)	(3,814,604)
Retained earnings	4,180,323	3,941,916
Accumulated Other Comprehensive Income (Loss), Net of Tax	(301,433)	(302,414)
Total shareholders' equity	504,086	590,063
Total liabilities and shareholders' equity	$ 2,660,858	$ 2,618,847