CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 332,958	$ 284,592
Accounts receivable, net	304,981	318,652
Inventories	433,908	388,762
Prepaid expenses and other current assets	114,429	116,728
Total current assets	1,186,276	1,108,734
Property and equipment, net	255,770	255,905
Deferred income taxes, net	41,393	39,983
Goodwill	1,340,989	1,364,596
Intangible assets, net	222,123	247,514
Other assets	110,746	120,809
Total assets	3,157,297	3,137,541
Current liabilities:
Accounts payable	147,487	158,033
Deferred revenue	30,319	28,587
Accrued payroll and related liabilities	79,981	72,476
Accrued product warranties	15,887	14,611
Advance payments from customers	14,142	28,005
Accrued expenses	32,892	40,815
Accrued income taxes	24,273	14,735
Other current liabilities	34,721	27,349
Credit facility	191,000	16,000
Long-term debt, current portion	12,465	12,444
Total current liabilities	583,167	413,055
Long-term debt, net of current portion	643,265	648,419
Deferred income taxes	40,405	53,544
Accrued income taxes	57,243	55,514
Other long-term liabilities	82,516	95,576
Shareholders’ equity:
Preferred stock, $0.01 par value, 10,000 shares authorized; no shares issued at June 30, 2020, and December 31, 2019	0	0
Common stock, $0.01 par value, 500,000 shares authorized, 131,106 and 134,394 shares issued at June 30, 2020, and December 31, 2019, respectively, and additional paid-in capital	10,778	16,692
Retained earnings	1,925,732	2,020,686
Accumulated other comprehensive loss	(185,809)	(165,945)
Total shareholders’ equity	1,750,701	1,871,433
Total liabilities and shareholders' equity	$ 3,157,297	$ 3,137,541