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Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 49,654 $ 26,922
Accounts receivable, net 195,692 178,305
Inventories, net 156,572 150,758
Prepaid expenses 5,134 5,410
Income tax receivable 1,360 1,491
Total current assets 408,412 362,886
Rental equipment, net 33,994 37,564
Property, plant and equipment 180,158 178,044
Less: Accumulated depreciation (109,854) (107,094)
Property, plant and equipment, net 70,304 70,950
Goodwill 76,397 75,509
Intangible assets, net 52,472 52,950
Deferred income taxes 1,897 1,475
Other assets 2,876 2,169
Total assets 646,352 603,503
Current liabilities:    
Trade accounts payable 54,903 45,486
Income taxes payable 1,076 1,320
Accrued liabilities 30,360 38,141
Current maturities of long-term debt and capital lease obligations 75 77
Total current liabilities 86,414 85,024
Long-term debt and capital lease obligations, net of current maturities 173,004 144,006
Deferred pension liability 4,063 4,499
Other long-term liabilities 5,879 5,782
Deferred income taxes 4,562 3,723
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,410,765 and 11,392,236 outstanding at March 31, 2016 and December 31, 2015, respectively 1,141 1,139
Additional paid-in-capital 97,378 96,778
Treasury stock, at cost; 42,600 shares at March 31, 2016 and December 31, 2015 (426) (426)
Retained earnings 306,691 299,057
Accumulated other comprehensive loss, net (32,354) (36,079)
Total stockholders’ equity 372,430 360,469
Total liabilities and stockholders’ equity $ 646,352 $ 603,503