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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 134,244 $ 113,759
Trade receivables, less allowance for doubtful accounts of $5,540 and $5,610 244,198 209,514
Inventories (Note 3) 153,739 103,066
Prepaid income taxes 31,448 16,378
Notes receivable, insurance companies (Note 19) 17,333 4,180
Prepaid expenses and other current assets 41,335 25,909
Total current assets 622,297 472,806
Property, plant, and equipment, net (Note 4) 157,014 148,678
Prepaid pension cost (Note 14) 83,060 62,916
Deferred tax assets (Note 9) 25,825 23,240
Goodwill (Note 12) 422,185 333,276
Intangible Assets, Net (Excluding Goodwill) 183,088 77,015
Notes receivable, insurance companies, noncurrent (Note 19) 59,567 63,147
Insurance receivable (Note 19) and other noncurrent assets 131,790 172,842
Total assets 1,684,826 1,353,920
Current Liabilities    
Notes payable and current portion of long-term debt (Note 11) 26,680 26,666
Accounts payable 87,061 62,734
Employees’ compensation 39,377 39,880
Insurance and product liability (Note 19) 59,116 19,438
Income taxes payable (Note 9) 0 3,889
Warranty reserve (Note 19) and other current liabilities 77,045 68,803
Total current liabilities 289,279 221,410
Long-term debt, net (Note 11) 447,832 363,836
Pensions and other employee benefits (Note 14) 170,773 157,927
Deferred tax liabilities (Note 9) 9,341 34,044
Product liability (Note 19) and other noncurrent liabilities 165,023 15,491
Total liabilities 1,082,248 792,708
Commitments and contingencies (Note 19)
Mine Safety Appliances Company shareholders' equity:    
Preferred stock, 4 1/2% cumulative, $50 par value (Note 6) 3,569 3,569
Common stock, no par value (180,000,000 shares authorized; 62,081,391 shares issued; 38,222,928 and 37,736,578 shares outstanding at December 31, 2017 and 2016, respectively) 194,953 172,681
Treasury shares, at cost (Note 6) (297,834) (289,254)
Accumulated other comprehensive loss (171,762) (230,246)
Retained earnings 868,675 901,415
Total MSA Safety Incorporated shareholders’ equity 597,601 558,165
Noncontrolling interests 4,977 3,047
Total shareholders’ equity 602,578 561,212
Total liabilities and shareholders’ equity $ 1,684,826 $ 1,353,920