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Condensed Consolidated Balance Sheets - Unaudited - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 145,981 $ 100,241
Accounts receivable, net 59,798 78,008
Inventories, net 44,266 42,237
Other current assets 14,750 16,992
Total current assets 264,795 237,478
Property, plant and equipment, net 99,349 105,038
Operating lease assets 24,369 24,644
Other Assets    
Prepaid pension asset 64,104 62,082
Goodwill 106,056 106,056
Other intangible assets, net 80,622 85,215
Deferred income taxes 21,278 19,795
Other 2,816 3,046
Total other assets 274,876 276,194
Total Assets 663,389 643,354
Current Liabilities    
Accounts payable 32,820 48,219
Operating lease obligations 3,051 2,787
Accrued payroll and benefits 8,725 9,564
Accrued expenses and other liabilities 33,175 36,378
Total current liabilities 77,771 96,948
Long-term debt 141,300 99,700
Long-term operating lease obligations 24,473 24,926
Long-term pension obligations 6,504 6,632
Deferred income taxes 6,303 5,637
Other long-term obligations 6,146 4,292
Total Liabilities 262,497 238,135
Shareholders’ Equity    
Common stock 310,953 307,932
Additional contributed capital 39,775 43,689
Retained earnings 515,841 509,766
Accumulated other comprehensive loss (93,155) (91,726)
Total shareholders’ equity before treasury stock 773,414 769,661
Treasury stock (372,522) (364,442)
Total shareholders’ equity 400,892 405,219
Total Liabilities and Shareholders’ Equity $ 663,389 $ 643,354