CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 308,615	$ 284,592
Accounts receivable, net	301,998	318,652
Inventories	397,526	388,762
Prepaid expenses and other current assets	122,395	116,728
Total current assets	1,130,534	1,108,734
Property and equipment, net	251,421	255,905
Deferred income taxes, net	39,458	39,983
Goodwill	1,328,828	1,364,596
Intangible assets, net	231,953	247,514
Other assets	140,043	120,809
Total assets	3,122,237	3,137,541
Current liabilities:
Accounts payable	157,971	158,033
Deferred revenue	30,364	28,587
Accrued payroll and related liabilities	76,330	72,476
Accrued product warranties	15,018	14,611
Advance payments from customers	20,964	28,005
Accrued expenses	38,981	40,815
Accrued income taxes	7,450	14,735
Other current liabilities	39,333	27,349
Credit facility	191,000	16,000
Long-term debt, current portion	11,923	12,444
Total current liabilities	589,334	413,055
Long-term debt, net of current portion	636,273	648,419
Deferred income taxes	39,961	53,544
Accrued income taxes	55,497	55,514
Other long-term liabilities	96,592	95,576
Shareholders’ equity:
Preferred stock, $0.01 par value, 10,000 shares authorized; no shares issued at March 31, 2020, and December 31, 2019	0	0
Common stock, $0.01 par value, 500,000 shares authorized, 130,371 and 134,394 shares issued at March 31, 2020, and December 31, 2019, respectively, and additional paid-in capital	1,304	16,692
Retained earnings	1,886,753	2,020,686
Accumulated other comprehensive loss	(183,477)	(165,945)
Total shareholders’ equity	1,704,580	1,871,433
Total liabilities and shareholders' equity	$ 3,122,237	$ 3,137,541