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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 519,090 $ 361,349
Accounts receivable, net 346,687 352,020
Inventories 372,183 371,371
Disposal Group, Including Discontinued Operation, Assets, Current 67,344 0
Prepaid expenses and other current assets 81,915 79,917
Total current assets 1,387,219 1,164,657
Property and equipment, net 263,996 271,785
Deferred income taxes, net 21,001 45,243
Goodwill 909,811 801,406
Intangible assets, net 168,130 168,460
Other assets 59,869 168,155
Total assets 2,810,026 2,619,706
Current liabilities:    
Accounts payable 106,389 114,225
Deferred revenue 25,614 34,420
Accrued payroll and related liabilities 71,310 52,874
Accrued product warranties 15,024 17,476
Advance payments from customers 20,672 26,019
Accrued expenses 37,089 34,022
Accrued income taxes 64,136 51,017
Disposal Group, Including Discontinued Operation, Liabilities, Current 39,544 0
Other current liabilities 15,155 16,659
Current portion, long-term debt 0 15,000
Total current liabilities 394,933 361,712
Long-term debt 420,684 501,921
Deferred income taxes 12,496 2,331
Accrued income taxes 87,483 9,643
Pension and other long-term liabilities 3,887 11,127
Other Liabilities, Noncurrent 59,872 65,773
Commitments and contingencies (Notes 12 and 13)
Shareholders’ equity:    
Preferred stock, $0.01 par value, 10,000 shares authorized; no shares issued at December 31, 2017 or 2016 0 0
Common stock, $0.01 par value, 500,000 shares authorized, 138,869 and 136,334 shares issued at December 31, 2017 and 2016, respectively, and additional paid-in capital 91,162 12,139
Retained earnings 1,856,756 1,832,138
Accumulated other comprehensive loss (113,360) (165,951)
Total shareholders’ equity 1,834,558 1,678,326
Total liabilities and shareholders' equity $ 2,810,026 $ 2,619,706