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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 49,237 $ 59,875
Accounts receivable, (net of allowance for doubtful receivables of $1,440 and $1,507, respectively) 144,938 116,712
Contract assets 23,040 0
Inventories 84,465 80,339
Taxes receivable 2,912 5,525
Prepaid expenses and other current assets 12,486 11,044
Total current assets 317,078 273,495
Property, plant and equipment, net 213,369 170,332
Goodwill 196,963 68,969
Other intangible assets, net 136,604 40,543
Deferred tax assets 2,055 1,146
Other assets, net 6,617 6,386
Total assets 872,686 560,871
Current liabilities:    
Current portion of long-term debt 10,172 277
Accounts payable 73,265 71,931
Accrued payroll and other compensation 16,621 15,978
Accrued taxes 3,095 2,230
Deferred revenue 6,990 3,412
Other accrued liabilities 11,203 8,278
Total current liabilities 121,346 102,106
Long-term debt 314,641 76,913
Deferred tax liabilities 39,265 14,714
Benefit plan liabilities 22,795 9,743
Other long-term liabilities 5,364 3,999
Commitments and Contingencies (Note 15)
Stockholders’ equity:    
Preferred stock (par value $0.01 per share; authorized 500 shares; none issued or outstanding) (Note 9) 0 0
Common stock (par value $0.01 per share; authorized 30,000 shares; issued 25,254 and 25,018 shares, respectively) (Note 9) 253 250
Capital in excess of par value 90,851 88,006
Retained earnings 411,325 374,783
Accumulated other comprehensive loss (42,685) (20,148)
Treasury stock, 7,698 and 7,675 shares of common stock, respectively, at cost (90,469) (89,495)
Total stockholders’ equity 369,275 353,396
Total liabilities and stockholders’ equity $ 872,686 $ 560,871