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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 111,511 $ 140,095
Trade receivables, less allowance for doubtful accounts of $5,545 and $5,369 256,666 245,032
Inventories (Note 3) 187,779 156,602
Investments, short-term (Note 17) 72,461 55,106
Prepaid income taxes 13,751 10,769
Notes receivable, insurance companies (Note 18) 3,616 3,555
Prepaid expenses and other current assets 41,850 45,464
Total current assets 687,634 656,623
Property, plant and equipment, net (Note 5) 158,047 157,940
Operating lease assets, net (Note 14) 50,935 0
Prepaid pension cost 64,987 57,568
Deferred tax assets (Note 10) 30,153 32,522
Goodwill (Note 13) 433,156 413,640
Intangible assets (Note 13) 175,263 169,515
Notes receivable, insurance companies, noncurrent (Note 18) 56,724 56,012
Insurance receivable (Note 18) and other noncurrent assets 56,957 64,192
Total assets 1,713,856 1,608,012
Liabilities    
Notes payable and current portion of long-term debt, net (Note 12) 20,127 20,063
Accounts payable 73,264 78,367
Employees’ compensation 36,171 51,386
Insurance and product liability (Note 18) 23,898 48,688
Income taxes payable (Note 10) 9,815 0
Warranty reserve (Note 18) and other current liabilities 94,242 83,556
Total current liabilities 257,517 282,060
Long-term debt, net (Note 12) 378,380 341,311
Pensions and other employee benefits 168,340 166,101
Noncurrent operating lease liabilities (Note 14) 40,710 0
Deferred tax liabilities (Note 10) 10,986 7,164
Product liability (Note 18) and other noncurrent liabilities 166,776 171,857
Total liabilities 1,022,709 968,493
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) 218,801 211,806
Treasury shares, at cost (Note 7) (305,363) (298,143)
Accumulated other comprehensive loss (Note 6) (203,406) (218,927)
Retained earnings 971,453 935,577
Total MSA Safety Incorporated shareholders' equity 685,054 633,882
Noncontrolling interests 6,093 5,637
Total shareholders’ equity 691,147 639,519
Total liabilities and shareholders’ equity $ 1,713,856 $ 1,608,012