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Condensed Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 150,955 $ 100,241
Accounts receivable, net 71,250 78,008
Inventories, net 45,679 42,237
Other current assets 15,094 16,992
Total current assets 282,978 237,478
Property, plant and equipment, net 101,755 105,038
Operating lease assets 25,117 24,644
Other Assets    
Prepaid pension asset 63,093 62,082
Goodwill 106,056 106,056
Other intangible assets, net 82,919 85,215
Deferred income taxes 20,296 19,795
Other 2,951 3,046
Total other assets 275,315 276,194
Total Assets 685,165 643,354
Current Liabilities    
Accounts payable 46,766 48,219
Operating lease obligations 3,178 2,787
Accrued payroll and benefits 8,818 9,564
Accrued expenses and other liabilities 34,476 36,378
Total current liabilities 93,238 96,948
Long-term debt 151,200 99,700
Long-term operating lease obligations 25,078 24,926
Long-term pension obligations 6,548 6,632
Deferred income taxes 5,576 5,637
Other long-term obligations 6,059 4,292
Total Liabilities 287,699 238,135
Shareholders’ Equity    
Common stock 310,098 307,932
Additional contributed capital 39,832 43,689
Retained earnings 512,276 509,766
Accumulated other comprehensive loss (94,994) (91,726)
Total shareholders’ equity before treasury stock 767,212 769,661
Treasury stock (369,746) (364,442)
Total shareholders’ equity 397,466 405,219
Total Liabilities and Shareholders’ Equity $ 685,165 $ 643,354