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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 209,170 $ 50,443
Restricted cash 2,505 2,505
Accounts receivable, less allowance of $1,800 and $1,193, respectively 118,885 159,710
Inventory:    
Raw materials 61,762 61,323
Work in process 6,575 7,444
Finished goods 44,293 49,712
Inventory, net 112,630 118,479
Other current assets 36,592 42,726
Total current assets 479,782 373,863
Property and equipment, net 149,240 160,605
Goodwill 64,629 64,572
Other intangible assets, net 48,399 49,783
Operating lease right-of-use assets 12,780 11,587
Deferred income tax assets 57,972 57,650
Other non-current assets 10,568 9,326
Total assets 823,370 727,386
Current Liabilities:    
Accounts payable 65,521 83,035
Current lease liabilities 4,184 4,586
Current maturities of long-term debt 2,500 2,500
Other current liabilities 63,805 66,583
Total current liabilities 136,010 156,704
Long-term debt, less current maturities 198,099 78,124
Pension benefit obligation 7,690 8,057
Non-current lease liabilities 10,097 6,751
Other non-current liabilities 2,153 5,100
Total liabilities 354,049 254,736
Common Stock:    
No par value; 55,000,000 shares authorized 32,639,752 and 32,674,354 issued and outstanding at June 30, 2020 and December 31, 2019, respectively 104,113 102,507
Paid-in capital 9,770 10,852
Accumulated other comprehensive loss (47,845) (42,441)
Accumulated earnings 403,283 401,732
Total shareholders’ equity 469,321 472,650
Total liabilities and shareholders’ equity $ 823,370 $ 727,386