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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 258,390 $ 241,053
Short-term investments 4,825 7,499
Accounts receivable, net of allowances of $4,866 and $4,102 at December 31, 2019 and 2018, respectively 260,322 228,405
Inventories 236,472 215,435
Prepaid expenses and other current assets 49,950 42,446
Total current assets 809,959 734,838
Property, plant and equipment, net 469,574 446,835
Deferred income tax 17,516 31,652
Goodwill 141,318 132,437
Intangible assets, net 119,523 137,935
Other long-term assets 81,494 42,674
Total assets 1,639,384 1,526,371
Current liabilities:    
Line of credit 13,342 10,254
Accounts payable 122,148 117,808
Accrued liabilities 100,571 82,605
Income tax payable 16,156 15,744
Current portion of long-term debt 33,105 27,613
Total current liabilities 285,322 254,024
Long-term debt, net of current portion 64,401 186,143
Deferred tax liabilities 16,333 17,993
Other long-term liabilities 120,545 90,779
Total liabilities 486,601 548,939
Commitments and contingencies (See Note 17)
Stockholders' equity    
Preferred stock - par value $1.00 per share; 1,000,000 shares authorized; no shares issued or outstanding
Common stock - par value $0.66 2/3 per share; 70,000,000 shares authorized; 51,206,969 and 50,221,035, issued and outstanding at December 31, 2019 and 2018, respectively 35,111 34,454
Additional paid-in capital 427,262 399,915
Retained earnings 789,958 636,708
Treasury stock, at cost, 1,457,206 shares held at December 31, 2019 and 2018 (37,768) (37,768)
Accumulated other comprehensive loss (108,139) (101,846)
Total stockholders' equity 1,106,424 931,463
Noncontrolling interest 46,359 45,969
Total equity 1,152,783 977,432
Total liabilities and stockholders' equity $ 1,639,384 $ 1,526,371