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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 104,377 $ 471,540
Restricted Cash, Current 25,121 0
Accounts receivable, net 153,806 156,492
Contract with Customer, Asset, Net, Current 108,645 121,614
Capitalized Contract Cost, Net, Current 3,511 6,052
Inventories 185,072 156,353
Income tax refunds receivable 5,269 8,069
Other current assets 12,173 16,368
Total current assets 597,974 936,488
Accumulated depreciation 228,984 210,549
Property, plant and equipment, net of accumulated depreciation of $228,984 and $210,549, respectively 210,852 140,450
Operating Lease, Right-of-Use Asset 12,880 15,159
Goodwill 247,244 195,314
Other intangible assets, net 150,198 53,439
Deferred Tax Assets, Net 39,809 35,240
Capitalized Contract Cost, Net, Noncurrent 8,311 6,099
Other assets 39,125 36,754
Total assets 1,306,393 1,418,943
Current liabilities:    
Accounts payable – trade 60,200 70,884
Accrued salaries and wages 70,552 43,220
Contract with Customer, Liability, Current 39,073 42,942
Operating Lease, Liability, Current 4,305 4,306
Income taxes payable 19 4,722
Disposal Group, Including Discontinued Operation, Liabilities, Current 18,086 0
Other current liabilities 36,177 37,918
Total current liabilities 228,412 203,992
Long-term debt, excluding current portion, net of debt issuance costs 185,401 181,622
Deferred Income Tax Liabilities, Net 7,381 6,994
Underfunded pension 69,610 97,246
Contract with Customer, Liability, Noncurrent 11,019 37,855
Operating Lease, Liability, Noncurrent 9,325 11,617
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent 1,171 0
Other long-term liabilities 47,636 56,415
Commitments and contingencies (Note 19)
Preferred stock, shares outstanding (in shares) 0 0
Preferred stock, shares authorized (in shares) 200,000 200,000
Preferred stock, par value (in dollars per share) $ 1 $ 1
Common stock, shares issued (in shares) 30,278,668 30,058,455
Common stock, shares authorized (in shares) 50,000,000 50,000,000
Common stock, par value (in dollars per share) $ 1 $ 1
Shareholders’ equity:    
Preferred stock, $1 par value, 200,000 shares authorized; none outstanding $ 0 $ 0
Common stock, $1 par value, 50,000,000 shares authorized; voting; 30,278,668 and 30,058,455 shares issued, respectively 30,279 30,058
Additional paid-in capital 238,829 228,153
Retained earnings 728,764 820,666
Accumulated other comprehensive income (loss) $ (130,821) $ (150,893)
Shares of common stock held in treasury at cost (in shares) 2,555,785 2,219,332
Less 2,555,785 and 2,219,332 shares of common stock, respectively, held in treasury, at cost $ (120,613) $ (104,782)
Total shareholders’ equity 746,438 823,202
Total liabilities and shareholders’ equity $ 1,306,393 $ 1,418,943