XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 93,515 $ 42,311
Accounts receivable, net 217,276 237,837
Inventories, net 243,529 267,674
Prepaid expenses and other current assets 7,064 10,099
Income tax receivable 5,771 12,907
Total current assets 567,155 570,828
Rental equipment, net 44,774 56,467
Property, plant and equipment 307,480 302,113
Less:  Accumulated depreciation (152,276) (141,388)
Total property, plant and equipment, net 155,204 160,725
Goodwill 192,976 198,022
Intangible assets, net 195,966 206,272
Deferred income taxes 1,675 1,078
Other non-current assets 15,709 19,371
Total assets 1,173,459 1,212,763
Current liabilities:    
Trade accounts payable 82,071 81,986
Income taxes payable 3,625 2,362
Accrued liabilities 56,916 59,686
Current maturities of long-term debt and finance lease obligations 15,068 18,840
Total current liabilities 157,680 162,874
Long-term debt and finance lease obligations, net of current maturities 359,021 425,141
Long-term tax liability 6,778 7,432
Deferred pension liability 1,274 1,844
Other long-term liabilities 25,817 19,254
Deferred income taxes 17,676 26,461
Stockholders’ equity:    
Common stock, $0.10 par value, 20,000,000 shares authorized; 11,803,055 and 11,752,509 outstanding at September 30, 2020 and December 31, 2019, respectively 1,180 1,175
Additional paid-in-capital 117,339 113,666
Treasury stock, at cost; 82,600 shares at September 30, 2020 and December 31, 2019, respectively (4,566) (4,566)
Retained earnings 544,280 500,320
Accumulated other comprehensive loss (53,020) (40,838)
Total stockholders’ equity 605,213 569,757
Total liabilities and stockholders’ equity $ 1,173,459 $ 1,212,763