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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 136,238 $ 152,195
Trade receivables, less allowance for credit loss of $5,044 and $4,860 240,137 255,082
Inventories (Note 3) 225,410 185,027
Investments, short-term (Note 16) 59,945 49,892
Prepaid income taxes 16,418 13,072
Notes receivable, insurance companies (Note 17) 3,736 3,676
Prepaid expenses and other current assets 39,666 34,419
Total current assets 721,550 693,363
Property, plant and equipment, net (Note 5) 170,184 167,038
Operating lease assets, net 47,106 51,675
Prepaid pension cost (Note 14) 80,775 75,066
Deferred tax assets (Note 10) 32,030 32,596
Goodwill (Note 13) 430,671 436,679
Intangible assets, net (Note 13) 162,907 171,326
Notes receivable, insurance companies, noncurrent (Note 17) 52,988 52,336
Insurance receivable (Note 17) and other noncurrent assets 54,724 59,614
Total assets 1,752,935 1,739,693
Liabilities    
Notes payable and current portion of long-term debt (Note 12) 20,000 20,000
Accounts payable 96,513 89,120
Employees’ compensation 34,783 41,882
Insurance and product liability (Note 17) 27,876 25,870
Income taxes payable (Note 10) 22,415 6,739
Warranty reserve (Note 17) and other current liabilities 91,771 93,898
Total current liabilities 293,358 277,509
Long-term debt, net (Note 12) 314,500 328,394
Pensions and other employee benefits 185,464 186,697
Noncurrent operating lease liabilities 38,826 42,632
Deferred tax liabilities (Note 10) 10,533 9,787
Product liability (Note 17) and other noncurrent liabilities 161,600 162,101
Total liabilities 1,004,281 1,007,120
Equity    
Preferred stock, 4.5% cumulative, $50 par value (Note 7) 3,569 3,569
Common stock, no par value (Note 7) 233,786 229,127
Treasury shares, at cost (Note 7) (329,590) (305,159)
Accumulated other comprehensive loss (Note 6) (225,210) (214,003)
Retained earnings 1,058,955 1,012,266
Total MSA Safety Incorporated shareholders' equity 741,510 725,800
Noncontrolling interests 7,144 6,773
Total shareholders’ equity 748,654 732,573
Total liabilities and shareholders’ equity 1,752,935 1,739,693
Trade receivables, allowance for doubtful accounts $ 5,044 $ 4,860
Common Stock, No Par Value $ 0 $ 0