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Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 34,522 $ 39,533
Accounts receivable, net 194,942 175,008
Inventories 175,440 166,088
Deferred income taxes 7,304 4,712
Prepaid expenses 4,688 4,415
Income tax receivable 556 3,546
Total current assets 417,452 393,302
Rental equipment, net 44,437 33,631
Property, plant and equipment 173,592 171,667
Less: Accumulated depreciation (104,201) (100,497)
Property, plant and equipment, net 69,391 71,170
Goodwill 77,389 75,691
Intangible assets, net 55,010 56,984
Deferred income taxes 117 642
Other assets 1,441 1,466
Total assets 665,237 632,886
Current liabilities:    
Trade accounts payable 60,806 47,741
Income taxes payable 338 52
Accrued liabilities 36,060 41,002
Current maturities of long-term debt and capital lease obligations 528 551
Deferred income tax 322 21
Total current liabilities 98,054 89,367
Long-term debt and capital lease obligations, net of current maturities 203,014 190,024
Deferred pension liability 4,788 5,714
Other long-term liabilities 5,940 5,656
Deferred income taxes 5,544 4,455
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,388,881 and 11,306,650 outstanding at June 30, 2015 and December 31, 2014, respectively 1,139 1,130
Additional paid-in-capital 96,245 93,849
Treasury stock, at cost; 42,600 shares at June 30, 2015 and December 31, 2014 (426) (426)
Retained earnings 274,737 259,476
Accumulated other comprehensive loss, net (23,798) (16,359)
Total stockholders’ equity 347,897 337,670
Total liabilities and stockholders’ equity $ 665,237 $ 632,886