CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 319,995	$ 284,592
Accounts receivable, net	310,989	318,652
Inventories	474,845	388,762
Prepaid expenses and other current assets	122,857	116,728
Total current assets	1,228,686	1,108,734
Property and equipment, net	255,457	255,905
Deferred income taxes, net	37,902	39,983
Goodwill	1,350,647	1,364,596
Intangible assets, net	211,206	247,514
Other assets	129,014	120,809
Total assets	3,212,912	3,137,541
Current liabilities:
Accounts payable	148,026	158,033
Deferred revenue	25,802	28,587
Accrued payroll and related liabilities	88,097	72,476
Accrued product warranties	16,786	14,611
Advance payments from customers	13,631	28,005
Accrued expenses	35,421	40,815
Accrued income taxes	36,702	14,735
Other current liabilities	45,031	27,349
Credit facility	65,000	16,000
Long-term debt, current portion	12,743	12,444
Total current liabilities	487,239	413,055
Long-term debt, net of current portion	715,220	648,419
Deferred income taxes	38,148	53,544
Accrued income taxes	72,678	55,514
Other long-term liabilities	90,761	95,576
Shareholders’ equity:
Preferred stock, $0.01 par value, 10,000 shares authorized; no shares issued at September 30, 2020, and December 31, 2019	0	0
Common stock, $0.01 par value, 500,000 shares authorized, 131,144 and 134,394 shares issued at September 30, 2020, and December 31, 2019, respectively, and additional paid-in capital	20,994	16,692
Retained earnings	1,964,104	2,020,686
Accumulated other comprehensive loss	(176,232)	(165,945)
Total shareholders’ equity	1,808,866	1,871,433
Total liabilities and shareholders' equity	$ 3,212,912	$ 3,137,541