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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 160,672 $ 152,195
Trade receivables, less allowance for credit loss of $5,344 and $4,860 252,283 255,082
Inventories (Note 3) 197,819 185,027
Investments, short-term (Note 18) 74,982 49,892
Prepaid income taxes 26,185 13,072
Notes receivable, insurance companies (Note 19) 3,796 3,676
Prepaid expenses and other current assets 38,541 34,419
Total current assets 754,278 693,363
Property, plant and equipment, net (Note 4) 189,620 167,038
Operating lease assets, net (Note 16) 53,451 51,675
Prepaid pension cost (Note 14) 97,545 75,066
Deferred tax assets (Note 9) 35,665 32,596
Goodwill (Note 12) 443,272 436,679
Intangible assets, net (Note 12) 161,051 171,326
Notes receivable, insurance companies, noncurrent (Note 19) 48,540 52,336
Insurance receivable (Note 19) and other noncurrent assets 89,062 59,614
Total assets 1,872,484 1,739,693
Current Liabilities    
Notes payable and current portion of long-term debt (Note 11) 20,000 20,000
Accounts payable 86,854 89,120
Employees’ compensation 40,277 41,882
Insurance and product liability (Note 19) 43,706 25,870
Income taxes payable (Note 9) 3,580 6,739
Accrued restructuring (Note 2) and other current liabilities 116,128 93,898
Total current liabilities 310,545 277,509
Long-term debt, net (Note 11) 287,157 328,394
Pensions and other employee benefits (Note 14) 208,068 186,697
Noncurrent operating lease liabilities (Note 16) 44,639 42,632
Deferred tax liabilities (Note 9) 10,916 9,787
Product liability (Note 19) and other noncurrent liabilities 201,268 162,101
Total liabilities 1,062,593 1,007,120
Commitments and contingencies (Note 19)
Mine Safety Appliances Company shareholders' equity:    
Preferred stock, 4.5% 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; 39,067,902 and 38,841,194 shares outstanding at December 31, 2020 and 2019, respectively) 242,693 229,127
Treasury shares, at cost (Note 6) (327,756) (305,159)
Accumulated other comprehensive loss (Note 5) (182,397) (214,003)
Retained earnings 1,065,789 1,012,266
Total MSA Safety Incorporated shareholders’ equity 801,898 725,800
Noncontrolling interests 7,993 6,773
Total shareholders’ equity 809,891 732,573
Total liabilities and shareholders’ equity $ 1,872,484 $ 1,739,693