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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 184,728 $ 160,672
Trade receivables, less allowance for credit loss of $4,732 and $5,344 224,954 252,283
Inventories (Note 2) 220,021 197,819
Investments, short-term (Note 16) 54,976 74,982
Prepaid income taxes 30,396 26,185
Notes receivable, insurance companies (Note 17) 3,825 3,796
Prepaid expenses and other current assets 45,678 38,541
Total current assets 764,578 754,278
Property, plant and equipment, net (Note 4) 197,832 189,620
Operating lease assets, net 68,199 53,451
Prepaid pension cost (Note 14) 101,317 97,545
Deferred tax assets (Note 9) 34,301 35,665
Goodwill (Note 12) 447,059 443,272
Intangible assets, net (Note 12) 164,234 161,051
Notes receivable, insurance companies, noncurrent (Note 17) 48,837 48,540
Net investment in sales-type leases, noncurrent (Note 13) 28,509 0
Insurance receivable (Note 17) and other noncurrent assets 87,896 89,062
Total assets 1,942,762 1,872,484
Liabilities    
Notes payable and current portion of long-term debt (Note 11) 20,000 20,000
Accounts payable 90,706 86,854
Employees’ compensation 33,373 40,277
Insurance and product liability (Note 17) 40,056 43,706
Income taxes payable (Note 9) 15,490 3,580
Other current liabilities 107,102 116,128
Total current liabilities 306,727 310,545
Long-term debt, net (Note 11) 340,428 287,157
Pensions and other employee benefits 201,040 208,068
Noncurrent operating lease liabilities 59,211 44,639
Deferred tax liabilities (Note 9) 12,065 10,916
Product liability (Note 17) and other noncurrent liabilities 200,401 201,268
Total liabilities 1,119,872 1,062,593
Equity    
Preferred stock, 4.5% cumulative, $50 par value (Note 6) 3,569 3,569
Common stock, no par value (Note 6) 245,887 242,693
Treasury shares, at cost (Note 6) (331,215) (327,756)
Accumulated other comprehensive loss (Note 5) (188,948) (182,397)
Retained earnings 1,085,383 1,065,789
Total MSA Safety Incorporated shareholders' equity 814,676 801,898
Noncontrolling interests 8,214 7,993
Total shareholders’ equity 822,890 809,891
Total liabilities and shareholders’ equity $ 1,942,762 $ 1,872,484