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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 51,331 $ 49,237
Accounts receivable, (net of allowance for doubtful receivables of $1,842 and $1,440, respectively) 107,786 144,938
Contract assets 28,245 23,040
Inventories 80,544 84,465
Taxes receivable 3,427 2,912
Prepaid expenses and other current assets 12,264 12,486
Total current assets 283,597 317,078
Property, plant and equipment, net 221,642 213,369
Operating lease right-of-use assets 23,116 0
Goodwill 133,912 196,963
Other intangible assets, net 115,577 136,604
Deferred tax assets 1,933 2,055
Other assets, net 6,160 6,617
Total assets 785,937 872,686
Current liabilities:    
Current portion of long-term debt 9,928 10,172
Accounts payable 73,426 73,265
Accrued payroll and other compensation 17,198 16,621
Deferred revenue 2,643 6,990
Other accrued liabilities 26,663 14,298
Total current liabilities 129,858 121,346
Long-term debt 262,713 314,641
Long-term lease liability 18,424 0
Deferred tax liabilities 34,561 39,265
Benefit plan liabilities 18,957 22,795
Other long-term liabilities 3,004 5,364
Commitments and Contingencies (Note 17)
Stockholders’ equity:    
Preferred stock (par value $0.01 per share; authorized 500 shares; none issued or outstanding) (Note 11) 0 0
Common stock (par value $0.01 per share; authorized 30,000 shares; issued 25,328 and 25,254 shares, respectively) (Note 11) 253 253
Capital in excess of par value 94,140 90,851
Retained earnings 340,629 411,325
Accumulated other comprehensive loss (25,979) (42,685)
Treasury stock, 7,705 and 7,698 shares of common stock, respectively, at cost (90,623) (90,469)
Total stockholders’ equity 318,420 369,275
Total liabilities and stockholders’ equity $ 785,937 $ 872,686