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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 24,690 $ 99,945
Trade accounts receivable, less allowances of $4,073 and $4,975, respectively 288,197 281,041
Inventories 602,963 628,138
Prepaid expenses and other current assets 46,328 36,134
Total current assets 962,178 1,045,258
Property, plant and equipment, net 1,156,952 1,125,433
Goodwill 604,714 612,792
Other intangible assets, net 180,782 195,087
Other assets, net 244,764 214,109
Total assets 3,149,390 3,192,679
Current liabilities:    
Revolving loans and current portion of long-term debt 217,127 152,398
Trade accounts payable 504,798 477,171
Accrued payroll and related costs 46,275 45,094
Accrued liabilities 93,625 106,550
Total current liabilities 861,825 781,213
Long-term debt 1,344,456 1,361,149
Other liabilities 473,694 411,133
Commitments and contingencies
Stockholders’ equity:    
Common stock ($0.01 par value per share; 200,000,000 shares authorized, 87,556,248 shares issued and 55,051,158 and 60,392,905 shares outstanding, respectively) 876 876
Paid-in capital 249,763 237,291
Retained earnings 1,558,594 1,446,193
Accumulated other comprehensive loss (223,856) (208,806)
Treasury stock at cost (32,505,090 and 27,163,343 shares, respectively) (1,115,962) (836,370)
Total stockholders’ equity 469,415 639,184
Liabilities and Equity, Total $ 3,149,390 $ 3,192,679