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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 45,200 $ 39,620
Restricted cash 2,504  
Accounts receivable, less allowance of $1,040 and $851, respectively 170,823 166,858
Inventory:    
Raw materials 65,337 61,679
Work in process 6,863 5,939
Finished goods 46,591 44,917
Inventory, net 118,791 112,535
Derivative financial instruments 897 92
Prepaid expenses and other assets 39,884 54,271
Assets held for sale 6,742 69,699
Total current assets 384,841 443,075
Property and equipment, net 162,783 171,380
Goodwill 63,501 55,311
Other intangible assets, net 51,338 56,385
Operating lease right-of-use assets 12,136  
Deferred financing costs 1,692 647
Deferred income tax assets 54,380 64,024
Other non-current assets 7,000 12,225
Total assets 737,671 803,047
Current Liabilities:    
Accounts payable 89,293 93,113
Accrued liabilities 67,482 65,808
Current lease liabilities 4,483  
Current maturities of long-term debt 2,500 3,413
Liabilities held for sale 6,742 13,062
Total current liabilities 170,500 175,396
Pension benefit obligation 6,596 7,211
Non-current lease liabilities 7,391  
Long-term debt, less current maturities 97,123 136,477
Deferred income tax liabilities 1,142 1,177
Other non-current liabilities 3,326 3,087
Total liabilities 286,078 323,348
Common Stock:    
No par value; 55,000,000 shares authorized, 32,741,826 and 33,856,629 issued and outstanding at September 30, 2019 and December 31, 2018, respectively 103,781 140,300
Paid-in capital 11,348 14,934
Accumulated other comprehensive loss (54,814) (39,500)
Accumulated earnings 391,278 363,965
Total shareholders’ equity 451,593 479,699
Total liabilities and shareholders’ equity $ 737,671 $ 803,047