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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 174,078 $ 160,672
Trade receivables, less allowance for credit loss of $4,537 and $5,344 226,575 252,283
Inventories (Note 2) 232,658 197,819
Investments, short-term (Note 16) 49,982 74,982
Prepaid income taxes 33,595 26,185
Notes receivable, insurance companies (Note 17) 3,855 3,796
Prepaid expenses and other current assets 49,239 38,541
Total current assets 769,982 754,278
Property, plant and equipment, net (Note 4) 201,163 189,620
Operating lease assets, net 67,383 53,451
Prepaid pension cost (Note 14) 105,078 97,545
Deferred tax assets (Note 9) 37,007 35,665
Goodwill (Note 12) 447,267 443,272
Intangible assets, net (Note 12) 161,402 161,051
Notes receivable, insurance companies, noncurrent (Note 17) 49,133 48,540
Net investment in sales-type leases, noncurrent (Note 13) 29,383 0
Insurance receivable (Note 17) and other noncurrent assets 95,435 89,062
Total assets 1,963,233 1,872,484
Liabilities    
Notes payable and current portion of long-term debt (Note 11) 20,000 20,000
Accounts payable 89,086 86,854
Employees’ compensation 37,533 40,277
Insurance and product liability (Note 17) 43,857 43,706
Income taxes payable (Note 9) 19,871 3,580
Other current liabilities 107,494 116,128
Total current liabilities 317,841 310,545
Long-term debt, net (Note 11) 314,587 287,157
Pensions and other employee benefits 201,311 208,068
Noncurrent operating lease liabilities 58,877 44,639
Deferred tax liabilities (Note 9) 13,017 10,916
Product liability (Note 17) and other noncurrent liabilities 208,832 201,268
Total liabilities 1,114,465 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) 253,773 242,693
Treasury shares, at cost (Note 6) (331,039) (327,756)
Accumulated other comprehensive loss (Note 5) (179,145) (182,397)
Retained earnings 1,093,261 1,065,789
Total MSA Safety Incorporated shareholders' equity 840,419 801,898
Noncontrolling interests 8,349 7,993
Total shareholders’ equity 848,768 809,891
Total liabilities and shareholders’ equity $ 1,963,233 $ 1,872,484