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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 503,206 $ 258,390
Short-term investments 3,652 4,825
Accounts receivable, net of allowances of $3,234 and $4,866 at June 30, 2020 and December 31, 2019, respectively 268,618 260,322
Inventories 255,828 236,472
Prepaid expenses and other 95,181 49,950
Total current assets 1,126,485 809,959
Property, plant and equipment, net 450,615 469,574
Deferred income tax 18,113 17,516
Goodwill 152,140 141,318
Intangible assets, net 118,076 119,523
Other long-term assets 71,734 81,494
Total assets 1,937,163 1,639,384
Current liabilities:    
Line of credit 63,668 13,342
Accounts payable 138,692 122,148
Accrued liabilities and other 103,859 100,571
Income tax payable 6,064 16,156
Current portion of long-term debt 13,052 33,105
Total current liabilities 325,335 285,322
Long-term debt, net of current portion 282,271 64,401
Deferred tax liabilities 16,244 16,333
Other long-term liabilities 117,686 120,545
Total liabilities 741,536 486,601
Commitments and contingencies (See Note 9)
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; 51,598,528 and 51,206,969, issued and outstanding at June 30, 2020 and December 31, 2019, respectively 35,389 35,111
Additional paid-in capital 433,989 427,262
Retained earnings 831,159 789,958
Treasury stock at cost, 1,482,915 and 1,457,206, at June 30, 2020 and December 31, 2019, respectively (38,660) (37,768)
Accumulated other comprehensive loss (118,492) (108,139)
Total stockholders' equity 1,143,385 1,106,424
Noncontrolling interest 52,242 46,359
Total equity 1,195,627 1,152,783
Total liabilities and stockholders' equity $ 1,937,163 $ 1,639,384