CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets
Cash and cash equivalents	$ 239,397	$ 328,018
Receivables, less allowance for doubtful accounts of $8,753 at September 30, 2016 and $7,812 at December 31, 2015	287,329	260,000
Inventories — net	276,013	239,124
Other current assets	54,614	35,542
Total current assets	857,353	862,684
Property, plant and equipment — net	261,092	240,945
Goodwill	1,662,892	1,396,529
Intangible assets — net	462,430	287,837
Other noncurrent assets	18,697	17,448
Total assets	3,262,464	2,805,443
Current liabilities
Trade accounts payable	117,430	128,911
Accrued expenses	160,816	153,672
Notes payable and current portion of long-term borrowings	1,171	1,087
Dividends payable	25,940	25,927
Total current liabilities	305,357	309,597
Total long-term borrowings	1,099,601	839,707
Deferred income taxes	182,688	110,483
Other noncurrent liabilities	120,075	102,365
Total liabilities	1,707,721	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: 90,202,449 shares at September 30, 2016 and 90,151,131 shares at December 31, 2015	902	902
Additional paid-in capital	692,730	679,623
Retained earnings	1,803,060	1,666,680
Treasury stock at cost: 13,907,807 shares at September 30, 2016 and 13,616,592 shares at December 31, 2015	(794,364)	(757,416)
Accumulated other comprehensive income (loss)	(147,585)	(146,498)
Total shareholders’ equity	1,554,743	1,443,291
Total liabilities and shareholders’ equity	$ 3,262,464	$ 2,805,443