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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 33,855 $ 24,296
Accounts receivable, net 241,461 242,279
Inventories 322,298 318,324
Prepaid expenses and other current assets 38,110 30,750
Total current assets 635,724 615,649
Property, plant and equipment, net 117,951 120,722
Goodwill 806,276 806,844
Other intangible assets, net 641,310 649,484
Other assets 107,994 107,322
Total assets 2,309,255 2,300,021
Current liabilities:    
Current portion of long-term debt 692 708
Accounts payable 101,635 88,224
Accrued compensation and benefits 49,931 70,069
Other current liabilities 139,146 151,728
Total current liabilities 291,404 310,729
Long-term debt 990,110 973,140
Deferred income taxes 64,002 60,902
Other long-term liabilities 109,075 121,028
Total liabilities 1,454,591 1,465,799
Commitments and contingencies
Shareholders' equity:    
Preferred stock, par value $.01 per share; authorized 500,000 shares; none outstanding 0 0
Common stock, par value $0.01 per share; 100,000,000 shares authorized; 31,299,194 shares issued in 2024 and 2023, respectively 313 313
Paid-in capital 458,024 446,535
Retained earnings 466,082 452,531
Accumulated other comprehensive loss (49,801) (50,170)
Less: 508,028 and 534,000 shares of common stock in treasury, at cost, in 2024 and 2023, respectively (19,954) (14,987)
Total shareholders’ equity 854,664 834,222
Total liabilities and shareholders’ equity $ 2,309,255 $ 2,300,021