CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents	$ 35,290	$ 41,832
Receivables, net of allowances of $8,072 in 2019 and $4,745 in 2018	219,874	251,436
Inventories, net	211,342	219,421
Prepaid expenses and other current assets	26,934	18,534
Total current assets	493,440	531,223
Property, plant and equipment, net	248,181	244,328
Goodwill	911,113	904,985
Intangible assets, net	238,707	283,688
Other non-current assets	31,384	8,892
Total assets	1,922,825	1,973,116
Liabilities and Equity
Accounts payable	120,291	140,125
Accrued compensation and employee benefits	38,470	40,546
Current portion of finance lease liabilities	4,845
Current portion of finance lease liabilities		4,320
Accrued expenses and other current liabilities	36,075	28,761
Total current liabilities	199,681	213,752
Long-term debt	559,821	663,207
Deferred income taxes	84,060	99,772
Other long-term liabilities	43,049	20,402
Total liabilities	886,611	997,133
Stockholders’ equity:
Common stock (2.5 billion shares authorized, $0.01 par value) 77.5 million shares and 77.4 million shares issued and outstanding in 2019 and 2018, respectively	775	774
Capital in excess of par value of common stock	969,174	960,773
Retained earnings	107,048	54,884
Accumulated other comprehensive loss	(44,037)	(42,906)
Total stockholders’ equity	1,032,960	973,525
Noncontrolling interest	3,254	2,458
Total equity	1,036,214	975,983
Total liabilities and equity	$ 1,922,825	$ 1,973,116