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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 112,185 $ 113,759
Trade receivables, less allowance for doubtful accounts of $6,181 and $5,610 226,780 209,514
Inventories (Note 3) 160,280 103,066
Prepaid income taxes 20,618 16,378
Notes receivable, insurance companies (Note 18) 19,295 4,180
Prepaid expenses and other current assets 37,381 25,909
Total current assets 576,539 472,806
Property, plant and equipment, net (Note 5) 152,475 148,678
Prepaid pension cost 58,954 62,916
Deferred tax assets (Note 10) 36,094 23,240
Goodwill (Note 13) 417,949 333,276
Intangible assets (Note 13) 185,356 77,015
Notes receivable, insurance companies, noncurrent (Note 18) 59,151 63,147
Insurance receivable (Note 18) and other noncurrent assets 108,699 172,842
Total assets 1,595,217 1,353,920
Current liabilities    
Notes payable and current portion of long-term debt, net (Note 12) 26,667 26,666
Accounts payable 65,589 62,734
Employees’ compensation 36,848 39,880
Insurance and product liability (Note 18) 72,739 19,438
Income taxes payable (Note 10) 0 3,889
Other current liabilities 71,245 68,803
Total current liabilities 273,088 221,410
Long-term debt, net (Note 12) 445,717 363,836
Pensions and other employee benefits 172,851 157,927
Deferred tax liabilities (Note 10) 37,347 34,044
Other noncurrent liabilities 45,007 15,491
Total liabilities 974,010 792,708
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) 189,145 172,681
Treasury shares, at cost (Note 7) (299,583) (289,254)
Accumulated other comprehensive loss (Note 6) (191,703) (230,246)
Retained earnings 915,311 901,415
Total MSA Safety Incorporated shareholders' equity 616,739 558,165
Noncontrolling interests 4,468 3,047
Total shareholders’ equity 621,207 561,212
Total liabilities and shareholders’ equity $ 1,595,217 $ 1,353,920