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Consolidated Condensed Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 24,864 $ 20,847
Accounts receivable, net 183,248 183,882
Inventories 253,729 231,644
Prepaid expenses and other current assets 26,459 23,750
Total current assets 488,300 460,123
Property, plant and equipment, net 108,526 108,863
Goodwill 617,534 617,528
Other intangible assets, net 463,421 471,049
Other assets 107,943 108,454
Total assets 1,785,724 1,766,017
Current liabilities:    
Current portion of long-term debt 12,231 12,249
Accounts payable 67,458 58,197
Accrued compensation and benefits 45,423 60,488
Other current liabilities 62,485 65,712
Total current liabilities 187,597 196,646
Long-term debt 703,542 672,407
Deferred income taxes 63,226 68,537
Other long-term liabilities 41,813 42,992
Total liabilities 996,178 980,582
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 2022 and 2021, respectively 313 313
Paid-in capital 365,555 396,771
Retained earnings 526,472 496,605
Accumulated other comprehensive loss (52,763) (54,203)
Less: 1,782,667 and 1,925,893 shares of common stock in treasury, at cost in 2022 and 2021, respectively (50,031) (54,051)
Total shareholders’ equity 789,546 785,435
Total liabilities and shareholders’ equity $ 1,785,724 $ 1,766,017