Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 116,789	$ 149,121
Accounts receivable, less allowance for doubtful accounts and customer credits of $98,896 and $99,995	231,094	230,526
Inventories	201,805	168,851
Prepaids and other current assets	4,348	3,116
Total current assets	554,036	551,614
Property, plant and equipment, net	89,897	88,436
Goodwill and intangible assets, net	32,489	29,788
Deferred tax asset, net	16,427	12,429
Other assets	45,169	29,525
Total	738,018	711,792
Current liabilities:
Accounts payable	72,661	72,629
Accrued compensation	10,316	11,899
Other accrued liabilities	17,584	19,320
Total current liabilities	100,561	103,848
Other long-term liabilities	9,357	6,302
Commitments and contingencies
Shareholders’ Equity:
Common stock, par value $0.01; authorized 50,000,000 shares; issued and Outstanding 33,800,763 and 34,517,633 in 2017 and 2016, respectively	338	345
Additional paid-in capital	44,492	44,187
Retained earnings	583,270	557,110
Total shareholders’ equity	628,100	601,642
Total	$ 738,018	$ 711,792

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.