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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 111,901 $ 105,925
Trade receivables, less allowance for doubtful accounts of $8,045 and $8,189 237,478 232,862
Inventories (Note 3) 125,120 125,849
Prepaid income taxes 10,745 8,745
Prepaid expenses and other current assets 35,766 31,231
Total current assets 521,010 504,612
Property, plant and equipment, net (Note 5) 155,622 155,839
Prepaid pension cost 64,335 62,072
Deferred tax assets (Note 10) 26,219 26,455
Goodwill (Note 13) 339,935 340,338
Intangible assets (Note 13) 86,692 90,068
Other noncurrent assets 252,417 243,479
Total assets 1,446,230 1,422,863
Current liabilities    
Notes payable and current portion of long-term debt, net (Note 12) 6,796 6,650
Accounts payable 64,003 68,206
Employees’ compensation 31,312 37,642
Liability for Claims and Claims Adjustment Expense 47,184 57,718
Tax liabilities 13,722 11,658
Other current liabilities 67,047 70,013
Total current liabilities 230,064 251,887
Long-term debt, net (Note 12) 471,502 458,022
Pensions and other employee benefits 162,403 156,160
Deferred tax liabilities (Note 10) 26,705 24,872
Other noncurrent liabilities 14,916 14,794
Total liabilities $ 905,590 $ 905,735
Commitments and contingencies (Note 18)
Equity    
Preferred stock, 4 1/2% cumulative, $50 par value (Note 7) $ 3,569 $ 3,569
Common stock, no par value (Note 7) 164,074 157,643
Treasury shares, at cost (Note 7) (295,392) (295,070)
Accumulated other comprehensive loss (190,580) (208,199)
Retained earnings 858,368 858,553
Total MSA Safety Incorporated shareholders' equity 540,039 516,496
Noncontrolling interests 601 632
Total shareholders’ equity 540,640 517,128
Total liabilities and shareholders’ equity $ 1,446,230 $ 1,422,863