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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 131,740 $ 100,241
Accounts receivable, net 76,431 78,008
Inventories, net 41,492 42,237
Other current assets 14,020 16,992
Total current assets 263,683 237,478
Property, plant and equipment, net 97,777 105,038
Operating lease assets, net 23,727 24,644
Other Assets    
Prepaid pension asset 65,115 62,082
Goodwill 106,056 106,056
Other intangible assets, net 76,126 85,215
Deferred income taxes 20,595 19,795
Other 2,774 3,046
Total other assets 270,666 276,194
Total Assets 655,853 643,354
Current Liabilities    
Accounts payable 46,739 48,219
Operating lease obligations 3,149 2,787
Accrued payroll and benefits 12,437 9,564
Accrued expenses and other liabilities 32,794 36,378
Total current liabilities 95,119 96,948
Long-term debt 106,300 99,700
Long-term operating lease obligations 23,747 24,926
Long-term pension obligations 6,446 6,632
Deferred income taxes 6,223 5,637
Other long-term obligations 4,052 4,292
Total Liabilities 241,887 238,135
Commitments and Contingencies (Note 10)
Shareholders’ Equity    
Common stock 310,976 307,932
Additional contributed capital 40,796 43,689
Retained earnings 525,624 509,766
Accumulated other comprehensive loss (90,908) (91,726)
Total shareholders’ equity before treasury stock 786,488 769,661
Treasury stock (372,522) (364,442)
Total shareholders’ equity 413,966 405,219
Total Liabilities and Shareholders’ Equity $ 655,853 $ 643,354