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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents (Note 2) $ 117,302 $ 160,672
Trade receivables, less allowance for credit loss of $4,930 and $5,344 219,481 252,283
Inventories (Note 3) 249,449 197,819
Investments, short-term (Note 17) 48,972 74,982
Prepaid income taxes 41,098 26,185
Notes receivable, insurance companies (Note 18) 3,884 3,796
Prepaid expenses and other current assets 45,193 38,541
Total current assets 725,379 754,278
Property, plant and equipment, net (Note 5) 204,410 189,620
Operating lease assets, net 50,731 53,451
Prepaid pension cost (Note 15) 108,842 97,545
Deferred tax assets (Note 10) 44,587 35,665
Goodwill (Note 13) 636,113 443,272
Intangible assets, net (Note 13) 312,606 161,051
Notes receivable, insurance companies, noncurrent (Note 18) 44,330 48,540
Net investment in sales-type leases, noncurrent (Note 14) 27,202 0
Insurance receivable (Note 18) and other noncurrent assets 105,252 89,062
Total assets 2,259,452 1,872,484
Liabilities    
Notes payable and current portion of long-term debt (Note 12) 20,000 20,000
Accounts payable 92,634 86,854
Employees’ compensation 48,307 40,277
Insurance and product liability (Note 18) 40,188 43,706
Income taxes payable (Note 10) 22,608 3,580
Other current liabilities 113,084 116,128
Total current liabilities 336,821 310,545
Long-term debt, net (Note 12) 592,742 287,157
Pensions and other employee benefits 199,486 208,068
Noncurrent operating lease liabilities 40,854 44,639
Deferred tax liabilities (Note 10) 49,898 10,916
Product liability (Note 18) and other noncurrent liabilities 215,474 201,268
Total liabilities 1,435,275 1,062,593
Equity    
Preferred stock, 4.5% cumulative, $50 par value (Note 7) 3,569 3,569
Common stock, no par value (Note 7) 252,084 242,693
Treasury shares, at cost (Note 7) (331,350) (327,756)
Accumulated other comprehensive loss (Note 6) (189,323) (182,397)
Retained earnings 1,089,197 1,065,789
Total MSA Safety Incorporated shareholders' equity 824,177 801,898
Noncontrolling interests (Note 19) 0 7,993
Total shareholders’ equity 824,177 809,891
Total liabilities and shareholders’ equity $ 2,259,452 $ 1,872,484