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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 72,819 $ 53,533
Trade accounts receivable, less allowances of $5,095 and $5,339, respectively 511,332 454,637
Inventories 634,806 721,290
Prepaid expenses and other current assets 71,177 62,462
Total current assets 1,290,134 1,291,922
Property, plant and equipment, net 1,517,510 1,489,872
Goodwill 1,148,302 1,171,454
Other intangible assets, net 383,448 417,088
Other assets, net 239,900 275,113
Total assets 4,579,294 4,645,449
Current liabilities:    
Revolving loans and current portion of long-term debt 170,214 108,789
Trade accounts payable 712,739 659,629
Accrued payroll and related costs 68,773 66,257
Accrued liabilities 127,342 123,602
Total current liabilities 1,079,068 958,277
Long-term debt 2,134,400 2,438,502
Deferred income taxes 268,036 262,394
Other liabilities 216,525 220,211
Commitments and contingencies
Stockholders’ equity:    
Common stock ($0.01 par value per share; 400,000,000 and 200,000,000 shares authorized, 175,112,496 shares issued and 110,429,596 and 110,385,344 shares outstanding, respectively) 1,751 1,751
Paid-in capital 276,062 262,201
Retained earnings 1,997,785 1,809,845
Accumulated other comprehensive loss (268,808) (188,973)
Treasury stock at cost (64,682,900 and 64,727,152 shares, respectively) (1,125,525) (1,118,759)
Total stockholders’ equity 881,265 766,065
Liabilities and Equity, Total $ 4,579,294 $ 4,645,449