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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 277,303 $ 297,795
Accounts receivable, net 391,331 353,561
Inventories 457,007 472,237
Prepaid expenses and other current assets 97,568 104,646
Total current assets 1,223,209 1,228,239
Property and equipment, net 269,269 267,682
Deferred income taxes, net 35,610 36,210
Goodwill 1,386,847 1,394,364
Intangible assets, net 197,632 209,636
Other assets 116,235 116,217
Total assets 3,228,802 3,252,348
Current liabilities:    
Accounts payable 150,541 157,592
Deferred revenue 28,568 25,862
Accrued payroll and related liabilities 77,330 98,911
Accrued product warranties 18,397 17,019
Advance payments from customers 13,730 10,940
Accrued expenses 34,617 41,347
Accrued income taxes 27,852 28,941
Other current liabilities 44,708 44,053
Long-term debt, current portion 12,945 13,473
Total current liabilities 408,688 438,138
Long-term debt, net of current portion 712,866 724,919
Deferred income taxes 43,159 43,708
Accrued income taxes 60,699 60,248
Other long-term liabilities 93,516 101,961
Shareholders’ equity:    
Preferred stock, $0.01 par value, 10,000 shares authorized; no shares issued at March 31, 2021, and December 31, 2020 0 0
Common stock, $0.01 par value, 500,000 shares authorized; 131,575 and 131,360 shares issued, 131,368 and 131,153 shares outstanding at March 31, 2021, and December 31, 2020, respectively, and additional paid-in capital 42,101 31,767
Retained earnings 2,033,585 2,017,097
Treasury Stock, Carrying Basis (7,504) (7,504)
Accumulated other comprehensive loss (158,308) (157,986)
Total shareholders’ equity 1,909,874 1,883,374
Total liabilities and shareholders' equity $ 3,228,802 $ 3,252,348