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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 102,176 $ 51,331
Accounts receivable, net of allowance for doubtful receivables of $2,402 and $1,842, respectively 116,947 107,786
Contract assets 32,403 28,245
Inventories 78,996 80,544
Taxes receivable 6,652 3,427
Prepaid expenses and other current assets 12,218 12,264
Total current assets 349,392 283,597
Property, plant and equipment, net 214,513 221,642
Operating lease right-of-use assets 22,243 23,116
Goodwill 87,595 133,912
Other intangible assets, net 95,121 115,577
Deferred income tax assets 1,260 1,933
Other assets, net 5,338 6,160
Total assets 775,462 785,937
Current liabilities:    
Current portion of long-term debt 9,789 9,928
Accounts payable 101,905 73,426
Accrued payroll and other compensation 24,589 17,198
Accrued taxes 8,214 5,638
Derivative liabilities 11,996 6,355
Restructuring liabilities 9,431 108
Other accrued liabilities 21,705 17,205
Total current liabilities 187,629 129,858
Long-term debt, excluding current portion, net of debt issuance costs 260,649 262,713
Long-term lease liability 17,947 18,424
Deferred income tax liabilities 27,174 34,561
Benefit plan liabilities 21,691 18,957
Other long-term liabilities 2,676 3,004
Commitments and Contingencies (Note 17)
Stockholders’ equity:    
Preferred stock, $0.01 per share par value, 500 shares authorized; none issued or outstanding) (Note 11) 0 0
Common stock, $0.01 per share par value, 30,000 shares authorized; 25,555 and 25,328 shares issued, respectively) (Note 11) 256 253
Capital in excess of par value 99,770 94,140
Retained earnings 266,904 340,629
Accumulated other comprehensive loss (18,342) (25,979)
Less treasury stock, 7,717 and 7,705 shares of common stock, respectively, at cost (90,892) (90,623)
Total stockholders’ equity 257,696 318,420
Total liabilities and stockholders’ equity $ 775,462 $ 785,937