CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 216,095	$ 235,964
Receivables, less allowance for doubtful accounts of $7,483 at March 31, 2017 and $8,078 at December 31, 2016	294,707	272,813
Inventories	257,900	252,859
Other current assets	54,978	61,085
Total current assets	823,680	822,721
Property, plant and equipment — net	250,114	247,816
Goodwill	1,645,565	1,632,592
Intangible assets — net	428,583	435,504
Other noncurrent assets	15,843	16,311
Total assets	3,163,785	3,154,944
Current liabilities
Trade accounts payable	135,462	128,933
Accrued expenses	142,670	152,852
Short-term borrowings	323	1,046
Dividends payable	0	26,327
Total current liabilities	278,455	309,158
Long-term borrowings	950,283	1,014,235
Deferred income taxes	171,438	166,427
Other noncurrent liabilities	122,304	121,230
Total liabilities	1,522,480	1,611,050
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: 90,190,717 shares at March 31, 2017 and 90,200,951 shares at December 31, 2016	902	902
Additional paid-in capital	702,644	697,213
Retained earnings	1,910,638	1,834,739
Treasury stock at cost: 13,636,301 shares at March 31, 2017 and 13,760,266 shares at December 31, 2016	(794,442)	(787,307)
Accumulated other comprehensive income (loss)	(178,437)	(201,653)
Total shareholders’ equity	1,641,305	1,543,894
Total liabilities and shareholders’ equity	$ 3,163,785	$ 3,154,944