Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 35,598	$ 25,856
Accounts receivable, net	166,593	189,097
Inventories	182,668	164,616
Prepaid expenses and other current assets	19,369	17,794
Total current assets	404,228	397,363
Property, plant and equipment, net	112,253	118,883
Goodwill	617,393	618,042
Other intangible assets, net	509,684	532,800
Other assets	99,571	108,007
Total assets	1,743,129	1,775,095
Current liabilities:
Current portion of long-term debt	16,805	13,596
Accounts payable	57,197	55,968
Accrued compensation and benefits	44,869	53,690
Other current liabilities	60,168	64,833
Total current liabilities	179,039	188,087
Long-term debt	760,451	755,211
Deferred income taxes	72,906	74,488
Other long-term liabilities	47,592	46,842
Total liabilities	1,059,988	1,064,628
Commitments and contingencies
Shareholders' equity:
Preferred stock, par value $.01 per share; authorized 500,000 shares; none outstanding	0	0
Common stock, par value $0.01 per share; 100,000,000 shares authorized; 31,299,194 shares issued in 2020 and 2019, respectively	313	313
Paid-in capital	381,119	379,324
Retained earnings	439,086	470,844
Accumulated other comprehensive loss	(61,512)	(59,277)
Less: 2,703,178 and 2,876,729 shares of common stock in treasury, at cost in 2020 and 2019, respectively	(75,865)	(80,737)
Total shareholders’ equity	683,141	710,467
Total liabilities and shareholders’ equity	$ 1,743,129	$ 1,775,095