CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 303,291	$ 235,964
Receivables, less allowance for doubtful accounts of $8,268 at September 30, 2017 and $8,078 at December 31, 2016	307,505	272,813
Inventories	266,705	252,859
Other current assets	77,977	61,085
Total current assets	955,478	822,721
Property, plant and equipment — net	250,889	247,816
Goodwill	1,679,768	1,632,592
Intangible assets — net	414,853	435,504
Other noncurrent assets	16,773	16,311
Total assets	3,317,761	3,154,944
Current liabilities
Trade accounts payable	137,917	128,933
Accrued expenses	170,223	152,852
Short-term borrowings	347	1,046
Dividends payable	28,364	26,327
Total current liabilities	336,851	309,158
Long-term borrowings	874,853	1,014,235
Deferred income taxes	172,808	166,427
Other noncurrent liabilities	122,937	121,230
Total liabilities	1,507,449	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: 90,171,307 shares at September 30, 2017 and 90,200,951 shares at December 31, 2016	902	902
Additional paid-in capital	712,091	697,213
Retained earnings	1,992,638	1,834,739
Treasury stock at cost: 13,512,162 shares at September 30, 2017 and 13,760,266 shares at December 31, 2016	(797,857)	(787,307)
Accumulated other comprehensive income (loss)	(97,462)	(201,653)
Total shareholders’ equity	1,810,312	1,543,894
Total liabilities and shareholders’ equity	$ 3,317,761	$ 3,154,944