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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 27, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 532,667 $ 351,911
Trade accounts and notes receivable, net of allowance for doubtful accounts of $3,066 and $1,145 275,557 234,409
Inventories, net 332,885 287,098
Deferred tax charges and refundable income taxes 20,291 24,552
Other current assets 27,447 34,427
Total current assets 1,188,847 932,397
Property, plant and equipment, net of accumulated depreciation of $558,433 and $522,424 475,202 479,544
Other assets:    
Right-of-use assets 47,911 50,160
Goodwill 725,678 695,044
Intangible assets, net of accumulated amortization of $437,450 and $409,328 342,258 333,952
Deferred tax assets and other noncurrent tax assets 11,772 11,245
Other 12,372 13,744
Total assets 2,804,040 2,516,086
Current liabilities:    
Less current maturities of long-term debt 0 4,000
Accounts payable 80,359 84,207
Accrued payroll and related benefits 61,884 62,340
Accrued interest payable 12,607 9,653
Other accrued liabilities 58,626 78,125
Income taxes payable 24,479 26,108
Total current liabilities 237,955 264,433
Long-term debt, excluding current maturities, net of unamortized discount and debt issuance costs of $11,008 and $9,516 1,183,992 932,484
Pension benefit obligations and other liabilities 37,106 37,867
Deferred tax liabilities and other noncurrent tax liabilities 71,494 71,586
Long-term lease liability 41,704 43,827
Commitments and contingent liabilities 0 0
Equity:    
Preferred stock, par value $.01; 5,000,000 shares authorized; none issued and outstanding as of June 27, 2020 and December 31, 2019 0 0
Common stock, par value $.01; 400,000,000 shares authorized; issued and outstanding shares as of June 27, 2020: 134,948,625 and 134,746,225, respectively; issued and outstanding shares as of December 31, 2019: 134,929,768 and 134,727,368, respectively 1,349 1,349
Treasury stock, at cost: 202,400 shares held as of June 27, 2020 and December 31, 2019 (7,112) (7,112)
Additional paid-in capital 838,739 842,784
Retained earnings 447,590 366,127
Accumulated other comprehensive loss (48,777) (37,259)
Total equity 1,231,789 1,165,889
Total liabilities and equity $ 2,804,040 $ 2,516,086