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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 39,023 $ 34,043
Accounts receivable, net 269,785 228,098
Inventories, net 211,355 176,630
Prepaid expenses and other current assets 6,906 5,327
Income tax receivable 4,918 8,745
Total current assets 531,987 452,843
Rental equipment, net 49,342 43,978
Property, plant and equipment 236,692 219,135
Less:  Accumulated depreciation (134,955) (131,905)
Total property, plant and equipment, net 101,737 87,230
Goodwill 88,821 83,243
Intangible assets, net 63,568 48,857
Deferred income taxes 1,893 1,783
Other non-current assets 14,905 3,699
Total assets 852,253 721,633
Current liabilities:    
Trade accounts payable 70,251 54,083
Income taxes payable 2,019 2,865
Accrued liabilities 42,490 43,785
Current maturities of long-term debt and finance lease obligations 134 119
Total current liabilities 114,894 100,852
Long-term debt and finance lease obligations, net of current maturities 180,234 85,179
Long-term tax liability 6,378 6,120
Deferred pension liability 1,832 1,944
Other long-term liabilities 13,127 8,436
Deferred income taxes 14,304 11,731
Stockholders’ equity:    
Common stock, $.10 Par Value, 20,000,000 shares authorized; 11,673,838 and 11,662,688 outstanding at March 31, 2019 and December 31, 2018, respectively 1,167 1,166
Additional paid-in-capital 109,285 108,422
Treasury stock, at cost, 57,600 and 42,600 shares at March 31, 2019 and December 31, 2018, respectively (1,916) (426)
Retained earnings 456,889 443,040
Accumulated other comprehensive loss (43,941) (44,831)
Total stockholders’ equity 521,484 507,371
Total liabilities and stockholders’ equity $ 852,253 $ 721,633