XML 15 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 44,972 $ 26,922
Accounts receivable, net 196,901 178,305
Inventories, net 159,840 150,758
Prepaid expenses 4,928 5,410
Income tax receivable 1,631 1,491
Total current assets 408,272 362,886
Rental equipment, net 34,063 37,564
Property, plant and equipment 180,994 178,044
Less: Accumulated depreciation (110,321) (107,094)
Property, plant and equipment, net 70,673 70,950
Goodwill 75,919 75,509
Intangible assets, net 51,724 52,950
Deferred income taxes 1,601 1,475
Other assets 3,076 2,169
Total assets 645,328 603,503
Current liabilities:    
Trade accounts payable 55,702 45,486
Income taxes payable 1,159 1,320
Accrued liabilities 33,081 38,141
Current maturities of long-term debt and capital lease obligations 1,211 77
Total current liabilities 91,153 85,024
Long-term debt and capital lease obligations, net of current maturities 164,003 144,006
Deferred pension liability 3,926 4,499
Other long-term liabilities 5,843 5,782
Deferred income taxes 4,165 3,723
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,448,358 and 11,392,236 outstanding at June 30, 2016 and December 31, 2015, respectively 1,145 1,139
Additional paid-in-capital 98,616 96,778
Treasury stock, at cost; 42,600 shares at June 30, 2016 and December 31, 2015 (426) (426)
Retained earnings 316,227 299,057
Accumulated other comprehensive loss, net (39,324) (36,079)
Total stockholders’ equity 376,238 360,469
Total liabilities and stockholders’ equity $ 645,328 $ 603,503