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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 122,629 $ 152,195
Trade receivables, less allowance for credit loss of $5,283 and $4,860 263,002 255,082
Inventories (Note 3) 195,647 185,027
Investments, short-term (Note 16) 69,769 49,892
Prepaid income taxes 13,913 13,072
Notes receivable, insurance companies (Note 17) 3,706 3,676
Prepaid expenses and other current assets 35,114 34,419
Total current assets 703,780 693,363
Property, plant and equipment, net (Note 5) 163,141 167,038
Operating lease assets, net 48,341 51,675
Prepaid pension cost (Note 14) 78,512 75,066
Deferred tax assets (Note 10) 31,885 32,596
Goodwill (Note 13) 430,114 436,679
Intangible assets, net (Note 13) 165,819 171,326
Notes receivable, insurance companies, noncurrent (Note 17) 52,662 52,336
Insurance receivable (Note 17) and other noncurrent assets 56,672 59,614
Total assets 1,730,926 1,739,693
Liabilities    
Notes payable and current portion of long-term debt (Note 12) 20,000 20,000
Accounts payable 89,062 89,120
Employees’ compensation 28,392 41,882
Insurance and product liability (Note 17) 28,177 25,870
Income taxes payable (Note 10) 16,507 6,739
Warranty reserve (Note 17) and other current liabilities 82,080 93,898
Total current liabilities 264,218 277,509
Long-term debt, net (Note 12) 351,592 328,394
Pensions and other employee benefits 184,179 186,697
Noncurrent operating lease liabilities 39,857 42,632
Deferred tax liabilities (Note 10) 10,069 9,787
Product liability (Note 17) and other noncurrent liabilities 161,629 162,101
Total liabilities 1,011,544 1,007,120
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) 232,167 229,127
Treasury shares, at cost (Note 7) (329,674) (305,159)
Accumulated other comprehensive loss (Note 6) (233,075) (214,003)
Retained earnings 1,039,609 1,012,266
Total MSA Safety Incorporated shareholders' equity 712,596 725,800
Noncontrolling interests 6,786 6,773
Total shareholders’ equity 719,382 732,573
Total liabilities and shareholders’ equity $ 1,730,926 $ 1,739,693