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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 118,161 $ 134,244
Trade receivables, less allowance for doubtful accounts of $5,846 and $5,540 236,245 244,198
Inventories (Note 4) 183,829 153,739
Investments, short-term (Note 18) 56,996 0
Prepaid income taxes 34,147 31,448
Notes receivable, insurance companies (Note 19) 3,525 17,333
Prepaid expenses and other current assets 40,434 41,335
Total current assets 673,337 622,297
Property, plant and equipment, net (Note 6) 150,569 157,014
Prepaid pension cost 91,914 83,060
Deferred tax assets (Note 11) 27,360 25,825
Goodwill (Note 14) 416,779 422,185
Intangible assets (Note 14) 173,317 183,088
Notes receivable, insurance companies, noncurrent (Note 19) 60,726 59,567
Insurance receivable (Note 19) and other noncurrent assets 56,681 131,790
Total assets 1,650,683 1,684,826
Current liabilities    
Notes payable and current portion of long-term debt, net (Note 13) 20,005 26,680
Accounts payable 71,659 87,061
Employees’ compensation 37,757 39,377
Insurance and product liability (Note 19) 78,019 59,116
Income taxes payable (Note 11) 20,191 0
Warranty reserve (Note 19) and other current liabilities 80,316 77,045
Total current liabilities 307,947 289,279
Long-term debt, net (Note 13) 370,195 447,832
Pensions and other employee benefits 167,373 170,773
Deferred tax liabilities (Note 11) 8,973 9,341
Product liability (Note 19) and other noncurrent liabilities 136,489 165,023
Total liabilities 990,977 1,082,248
Commitments and contingencies (Note 19)
Equity    
Preferred stock, 4 1/2% cumulative, $50 par value (Note 8) 3,569 3,569
Common stock, no par value (Note 8) 207,315 194,953
Treasury shares, at cost (Note 8) (298,466) (297,834)
Accumulated other comprehensive loss (Note 7) (183,435) (171,762)
Retained earnings 925,337 868,675
Total MSA Safety Incorporated shareholders' equity 654,320 597,601
Noncontrolling interests 5,386 4,977
Total shareholders’ equity 659,706 602,578
Total liabilities and shareholders’ equity $ 1,650,683 $ 1,684,826