Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 27,356	$ 25,856
Accounts receivable, less allowance for doubtful accounts of $3,876 in 2020 and $2,786 in 2019	177,152	189,097
Inventories	194,868	164,616
Prepaid expenses and other current assets	17,278	17,794
Total current assets	416,654	397,363
Property, plant and equipment, net	111,407	118,883
Deferred income taxes	6,842	5,659
Goodwill	618,440	618,042
Other intangible assets, net	501,537	532,800
Other assets	96,793	102,348
Total assets	1,751,673	1,775,095
LIABILITIES AND SHAREHOLDERS' EQUITY
Current portion of long-term debt	18,415	13,596
Accounts payable	53,310	55,968
Accrued compensation and benefits	50,171	53,690
Other current liabilities	68,305	64,833
Total current liabilities	190,201	188,087
Long-term debt	735,221	755,211
Deferred income taxes	57,875	74,488
Other long-term liabilities	59,338	46,842
Total liabilities	1,042,635	1,064,628
Commitments and contingencies
Preferred stock, par value $.01 per share; authorized 500,000 shares, none issued or outstanding	0	0
Common stock, par value $.01 per share; 100,000,000 authorized; 31,299,194 issued in 2020 and 2019, respectively	313	313
Paid-in capital	382,628	379,324
Retained earnings	457,417	470,844
Accumulated other comprehensive loss	(63,681)	(59,277)
Less: Treasury stock, at cost; 2,410,045 and 2,876,729 shares in 2020 and 2019, respectively	(67,639)	(80,737)
Total shareholders' equity	709,038	710,467
Total liabilities and shareholders' equity	$ 1,751,673	$ 1,775,095