CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 361,488	$ 328,018
Receivables, less allowance for doubtful accounts of $8,231 at June 30, 2016 and $7,812 at December 31, 2015	296,481	260,000
Inventories — net	257,659	239,124
Other current assets	53,656	35,542
Total current assets	969,284	862,684
Property, plant and equipment — net	250,904	240,945
Goodwill	1,516,303	1,396,529
Intangible assets — net	354,335	287,837
Other noncurrent assets	18,530	17,448
Total assets	3,109,356	2,805,443
Current liabilities
Trade accounts payable	129,164	128,911
Accrued expenses	141,408	153,672
Notes payable and current portion of long-term borrowings	1,233	1,087
Dividends payable	25,908	25,927
Total current liabilities	297,713	309,597
Long-term borrowings	1,054,325	839,707
Deferred income taxes	152,875	110,483
Other noncurrent liabilities	107,513	102,365
Total liabilities	1,612,426	1,362,152
Commitments and contingencies
Preferred stock:
Authorized: 5,000,000 shares, $.01 per share par value; Issued: None	0	0
Common stock:
Authorized: 150,000,000 shares, $.01 per share par value Issued: 90,232,839 shares at June 30, 2016 and 90,151,131 shares at December 31, 2015	902	902
Additional paid-in capital	689,945	679,623
Retained earnings	1,759,157	1,666,680
Treasury stock at cost: 14,031,568 shares at June 30, 2016 and 13,616,592 shares at December 31, 2015	(799,202)	(757,416)
Accumulated other comprehensive income (loss)	(153,872)	(146,498)
Total shareholders’ equity	1,496,930	1,443,291
Total liabilities and shareholders’ equity	$ 3,109,356	$ 2,805,443