Interim Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 127,277	$ 207,785
Trade accounts receivable, less allowances of $16,370 at September 30, 2019 and $15,469 at December 31, 2018	490,429	566,256
Inventories	299,746	274,285
Other current assets and prepaid expenses	72,356	61,321
Total current assets	989,808	1,109,647
Property, plant and equipment, net	743,393	748,657
Goodwill	537,624	535,979
Other intangible assets, net	202,131	206,242
Deferred tax assets, net	35,777	36,978
Other non-current assets	170,914	151,818
Total assets	2,679,647	2,789,321
Current liabilities:
Trade accounts payable	155,901	185,592
Accrued and other liabilities	162,355	166,118
Accrued compensation and related items	109,480	155,402
Deferred Revenue	150,742	122,489
Taxes payable	70,766	69,043
Short-term borrowings and current maturities of long-term debt	53,585	55,868
Total current liabilities	702,829	754,512
Long-term debt	1,146,590	1,235,350
Deferred tax liabilities, net	44,926	45,267
Other non-current liabilities	335,209	333,412
Total liabilities	2,229,554	2,368,541
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 24,921,963 and 24,921,963 shares at September 30, 2019 and December 31, 2018, respectively	448	448
Additional paid-in capital	792,689	783,871
Treasury stock at cost (20,430,810 shares at June 30, 2019 and 19,864,048 shares at December 31, 2018)	(4,717,962)	(4,539,154)
Retained earnings	4,720,523	4,499,288
Accumulated Other Comprehensive Income (Loss), Net of Tax	(345,605)	(323,673)
Total shareholders' equity	450,093	420,780
Total liabilities and shareholders' equity	$ 2,679,647	$ 2,789,321