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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 36,769 $ 27,356
Accounts receivable, net 163,954 177,152
Inventories 205,797 194,868
Prepaid expenses and other current assets 17,849 17,278
Total current assets 424,369 416,654
Property, plant and equipment, net 109,379 111,407
Goodwill 618,104 618,440
Other intangible assets, net 493,905 501,537
Other assets 100,855 103,635
Total assets 1,746,612 1,751,673
Current liabilities:    
Current portion of long-term debt 20,076 18,415
Accounts payable 55,780 53,310
Accrued compensation and benefits 40,908 50,171
Other current liabilities 65,391 68,305
Total current liabilities 182,155 190,201
Long-term debt 725,320 735,221
Deferred income taxes 56,593 57,875
Other long-term liabilities 56,974 59,338
Total liabilities 1,021,042 1,042,635
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 2021 and 2020, respectively 313 313
Paid-in capital 388,959 382,628
Retained earnings 461,464 457,417
Accumulated other comprehensive loss (62,798) (63,681)
Less: 2,222,233 and 2,410,045 shares of common stock in treasury, at cost in 2021 and 2020, respectively (62,368) (67,639)
Total shareholders’ equity 725,570 709,038
Total liabilities and shareholders’ equity $ 1,746,612 $ 1,751,673