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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and Cash Equivalents, at Carrying Value $ 284,592 $ 512,144
Accounts receivable, net 318,652 323,746
Inventories 388,762 352,107
Prepaid expenses and other current assets 116,728 104,650
Total current assets 1,108,734 1,292,647
Property and equipment, net 255,905 247,407
Deferred income taxes, net 39,983 100,620
Goodwill 1,364,596 904,571
Intangible assets, net 247,514 146,845
Other assets 120,809 89,152
Total assets 3,137,541 2,781,242
Current liabilities:    
Accounts payable 158,033 95,496
Deferred revenue 28,587 32,703
Accrued payroll and related liabilities 72,476 81,118
Accrued product warranties 14,611 15,204
Advance payments from customers 28,005 19,691
Accrued expenses 40,815 41,761
Accrued income taxes 14,735 13,855
Other current liabilities 27,349 16,186
Line of Credit, Current 16,000 0
Long-term debt, current portion 12,444 0
Total current liabilities 413,055 316,014
Long-term debt, net of current portion 648,419 421,948
Deferred income taxes 53,544 22,927
Accrued income taxes 55,514 76,435
Other Liabilities, Noncurrent 95,576 67,132
Commitments and contingencies (Notes 14 and 15)
Shareholders’ equity:    
Preferred stock, $0.01 par value, 10,000 shares authorized; no shares issued at December 31, 2019 or 2018 0 0
Common stock, $0.01 par value, 500,000 shares authorized, 134,394 and 135,516 shares issued at December 31, 2019 and 2018, respectively, and additional paid-in capital 16,692 1,355
Retained earnings 2,020,686 2,024,523
Accumulated other comprehensive loss (165,945) (149,092)
Total shareholders’ equity 1,871,433 1,876,786
Total liabilities and shareholders' equity $ 3,137,541 $ 2,781,242