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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 369,301 $ 390,808
Restricted cash 1,142 5,182
Accounts receivable, net of allowance for doubtful accounts of $828 and $1,371, respectively 290,073 309,331
Contract assets 154,629 142,779
Inventories 415,322 327,377
Prepaid expenses and other assets 36,264 26,457
Income taxes receivable 246 417
Total current assets 1,266,977 1,202,351
Property, plant and equipment, net 188,318 185,272
Operating lease right-of-use assets 89,567 79,966
Goodwill 192,116 192,116
Deferred income taxes 4,941 4,924
Other assets, net 76,872 79,606
Total assets 1,818,791 1,744,235
Current liabilities:    
Current installments of long-term debt 9,259 9,161
Accounts payable 380,164 282,208
Advance payments from customers 88,686 84,122
Income taxes payable 7,330 5,572
Accrued liabilities 95,970 100,073
Total current liabilities 581,409 481,136
Long-term debt, less current installments 126,639 131,051
Operating lease liabilities 80,580 72,120
Other long-term liabilities 59,024 65,552
Deferred income taxes 3,861 4,788
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, $0.10 par value; 5,000 shares authorized, none issued
Common stock, $0.10 par value; 145,000 shares authorized; issued and outstanding - 35,566 and 36,295, respectively 3,558 3,629
Additional paid-in capital 503,386 510,405
Retained earnings 476,855 492,205
Accumulated other comprehensive loss (16,521) (16,651)
Total shareholders’ equity 967,278 989,588
Total liabilities and shareholders' equity $ 1,818,791 $ 1,744,235