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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 26,922 $ 39,533
Accounts receivable, net 178,305 175,008
Inventories 150,758 166,088
Deferred income taxes 0 4,712
Prepaid expenses 5,410 4,415
Income tax receivable 1,491 3,546
Total current assets 362,886 393,302
Rental equipment, net 37,564 33,631
Property, plant and equipment 178,044 171,667
Less: Accumulated depreciation (107,094) (100,497)
Property, plant and equipment, net 70,950 71,170
Goodwill 75,509 75,691
Intangible assets, net 52,950 56,984
Deferred income taxes 1,475 642
Other assets 2,169 1,466
Total assets 603,503 632,886
Current liabilities:    
Trade accounts payable 45,486 47,741
Income taxes payable 1,320 52
Accrued liabilities 38,141 41,002
Current maturities of long-term debt and capital lease obligations 77 551
Deferred income taxes 0 21
Total current liabilities 85,024 89,367
Long-term debt and capital lease obligation, net of current maturities 144,006 190,024
Accrued pension liabilities 4,499 5,714
Other long-term liabilities 5,782 5,656
Deferred income taxes 3,723 4,455
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,392,236 and 11,306,650 issued at December 31, 2015 and December 31, 2014, respectively 1,139 1,130
Additional paid-in capital 96,778 93,849
Treasury stock, at cost; 42,600 shares at December 31, 2015 and December 31, 2014 (426) (426)
Retained earnings 299,057 259,476
Accumulated other comprehensive loss (36,079) (16,359)
Total stockholders’ equity 360,469 337,670
Total liabilities and stockholders’ equity $ 603,503 $ 632,886