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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 104,427 $ 113,759
Trade receivables, less allowance for doubtful accounts of $6,288 and $5,610 208,392 209,514
Inventories (Note 3) 117,621 103,066
Prepaid income taxes 15,432 16,378
Notes receivable, insurance companies (Note 18) 19,723 4,180
Prepaid expenses and other current assets 29,206 25,909
Total current assets 494,801 472,806
Property, plant and equipment, net (Note 5) 144,445 148,678
Prepaid pension cost 54,016 62,916
Deferred tax assets (Note 10) 24,190 23,240
Goodwill (Note 13) 335,297 333,276
Intangible assets (Note 13) 75,763 77,015
Notes receivable, insurance companies, noncurrent (Note 18) 63,416 63,147
Insurance receivable (Note 18) and other noncurrent assets 66,226 172,842
Total assets 1,258,154 1,353,920
Current liabilities    
Notes payable and current portion of long-term debt, net (Note 12) 26,848 26,666
Accounts payable 65,682 62,734
Employees’ compensation 23,422 39,880
Insurance and product liability (Note 18) 18,939 19,438
Taxes on income (Note10) 1,202 3,889
Other current liabilities 65,922 68,803
Total current liabilities 202,015 221,410
Long-term debt, net (Note 12) 268,568 363,836
Pensions and other employee benefits 158,908 157,927
Deferred tax liabilities (Note 10) 34,867 34,044
Other noncurrent liabilities 15,518 15,491
Total liabilities 679,876 792,708
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) 182,158 172,681
Treasury shares, at cost (Note 7) (289,952) (289,254)
Accumulated other comprehensive loss (216,892) (230,246)
Retained earnings 897,458 901,415
Total MSA Safety Incorporated shareholders' equity 576,341 558,165
Noncontrolling interests 1,937 3,047
Total shareholders’ equity 578,278 561,212
Total liabilities and shareholders’ equity $ 1,258,154 $ 1,353,920