CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 295,391	$ 512,144
Accounts receivable, net	329,552	323,746
Inventories	397,547	352,107
Prepaid expenses and other current assets	94,692	104,650
Total current assets	1,117,182	1,292,647
Property and equipment, net	253,338	247,407
Deferred income taxes, net	101,211	100,620
Goodwill	1,354,795	904,571
Intangible assets, net	262,095	146,845
Other assets	109,259	89,152
Total assets	3,197,880	2,781,242
Current liabilities:
Accounts payable	144,284	95,496
Deferred revenue	41,631	32,703
Accrued payroll and related liabilities	73,023	81,118
Accrued product warranties	14,371	15,204
Advance payments from customers	30,253	19,691
Accrued expenses	43,406	41,761
Accrued income taxes	0	13,855
Other current liabilities	23,816	16,186
Credit facility	87,500	0
Current portion, long-term debt	12,104	0
Total current liabilities	470,388	316,014
Long-term debt	644,880	421,948
Deferred income taxes	50,700	22,927
Accrued income taxes	62,327	76,435
Pension and other long-term liabilities	99,935	67,132
Shareholders’ equity:
Preferred stock, $0.01 par value, 10,000 shares authorized; no shares issued at June 30, 2019, and December 31, 2018	0	0
Common stock, $0.01 par value, 500,000 shares authorized, 135,597 and 135,516 shares issued at June 30, 2019, and December 31, 2018, respectively, and additional paid-in capital	1,341	1,355
Retained earnings	2,041,844	2,024,523
Accumulated other comprehensive loss	(173,535)	(149,092)
Total shareholders’ equity	1,869,650	1,876,786
Total liabilities and shareholders' equity	$ 3,197,880	$ 2,781,242