Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 68,858	$ 110,610
Accounts receivable, net of reserve	164,969	101,141
Inventories	107,058	128,743
Other current assets	10,537	19,937
Total current assets	351,422	360,431
Property, plant, and equipment, net	118,932	129,575
Goodwill	292,390	236,044
Acquired intangibles	123,013	82,215
Other assets	4,015	2,206
Total assets	889,772	810,471
Current liabilities:
Accounts payable	89,204	81,246
Accrued expenses	67,605	52,439
Billings in Excess of Cost	28,186	0
Current maturities of long-term debt	400	400
Total current liabilities	185,395	134,085
Long-term debt	208,882	209,511
Deferred income taxes	42,654	49,772
Other non-current liabilities	42,755	29,874
Shareholders’ equity:
Preferred stock, $0.01 par value; authorized 10,000 shares; none outstanding	0	0
Common stock, $0.01 par value; authorized 50,000 shares; 31,779 and 31,342 shares outstanding at December 31, 2015 and 2014, respectively	317	313
Additional paid-in capital	253,458	247,232
Retained earnings	178,073	154,625
Accumulated other comprehensive loss	(15,416)	(9,551)
Cost of 484 and 429 common shares held in treasury in 2015 and 2014	(6,346)	(5,390)
Total shareholders’ equity	410,086	387,229
Total liabilities and shareholders' equity	$ 889,772	$ 810,471