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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 39,620 $ 103,172
Accounts receivable, less allowance of $851 and $973, respectively 166,858 185,058
Inventory, net 112,535 121,409
Derivative financial instruments 92 213
Prepaid expenses and other assets 54,271 51,217
Assets held for sale 69,699  
Total current assets 443,075 461,069
Property and equipment, net of accumulated depreciation of $98,705 and $83,404, respectively 171,380 200,294
Goodwill 55,311 69,685
Other intangible assets, net of accumulated amortization of $81,198 and $77,622, respectively 56,385 83,286
Deferred financing costs 647 936
Deferred income tax assets 64,024 30,152
Other non-current assets 12,225 37,983
Total assets 803,047 883,405
Current Liabilities:    
Accounts payable 93,113 89,596
Accrued liabilities 65,808 [1] 77,209
Current maturities of long-term debt 3,413 3,460
Derivative financial instruments   1,050
Liabilities held for sale 13,062  
Total current liabilities 175,396 171,315
Pension benefit obligations 7,211 7,913
Other Liabilities 3,087 2,747
Long-term debt, less current maturities 136,477 141,209
Deferred tax liabilities 1,177 6,347
Total liabilities 323,348 329,531
Common Stock:    
No par value; 55,000,000 shares authorized, 33,856,629 and 36,761,362 issued and outstanding at December 31, 2018 and 2017, respectively 140,300 265,048
Paid-in capital 14,934 15,625
Accumulated other comprehensive loss (39,500) (20,444)
Accumulated earnings 363,965 293,645
Total shareholders’ equity 479,699 553,874
Total liabilities and shareholders’ equity $ 803,047 $ 883,405
[1] During 2018, unearned revenues associated with GPT and CSZ-IC were classified as liabilities held for sale. As of December 31, 2018, 5,351 in unearned revenues associated with GPT and CSZ-IC were classified as liabilities held for sale.