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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 491,767 $ 375,950
Receivables, less allowance for doubtful accounts of $7,298 at September 30, 2018 and $7,764 at December 31, 2017 324,895 294,166
Inventories 287,126 259,724
Other current assets 51,451 74,203
Total current assets 1,155,239 1,004,043
Property, plant and equipment - net 276,821 258,350
Goodwill 1,708,783 1,704,158
Intangible assets - net 395,497 414,746
Other noncurrent assets 18,467 18,331
Total assets 3,554,807 3,399,628
Current liabilities    
Trade accounts payable 141,178 147,067
Accrued expenses 185,453 184,705
Short-term borrowings 536 258
Dividends payable 33,046 28,945
Total current liabilities 360,213 360,975
Long-term borrowings 848,246 858,788
Deferred income taxes 131,149 137,638
Other noncurrent liabilities 154,625 155,685
Total liabilities 1,494,233 1,513,086
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: 90,128,776 shares at September 30, 2018 and 90,162,211 shares at December 31, 2017 902 902
Additional paid-in capital 732,941 716,906
Retained earnings 2,276,634 2,057,915
Treasury stock at cost: 13,262,072 shares at September 30, 2018 and 13,468,675 shares at December 31, 2017 (835,801) (799,674)
Accumulated other comprehensive income (loss) (114,102) (89,507)
Total shareholders’ equity 2,060,574 1,886,542
Total liabilities and shareholders’ equity $ 3,554,807 $ 3,399,628