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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 70,662 $ 16,793
Accounts receivable, net 196,244 170,329
Inventories, net 141,408 135,760
Prepaid expenses 5,003 4,725
Income tax receivable 243 11
Total current assets 413,560 327,618
Rental equipment, net 28,047 30,970
Property, plant and equipment 182,670 180,041
Less: Accumulated depreciation (116,145) (113,412)
Property, plant and equipment, net 66,525 66,629
Goodwill 75,298 74,825
Intangible assets, net 49,302 50,038
Deferred income taxes 665 619
Other assets 1,742 2,077
Total assets 635,139 552,776
Current liabilities:    
Trade accounts payable 54,361 43,136
Income taxes payable 6,924 2,333
Accrued liabilities 27,287 33,158
Current maturities of long-term debt and capital lease obligations 536 73
Total current liabilities 89,108 78,700
Long-term debt and capital lease obligations, net of current maturities 127,017 70,017
Deferred pension liability 2,519 2,929
Other long-term liabilities 7,106 6,969
Deferred income taxes 6,533 6,444
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,498,423 and 11,462,484 outstanding at March 31, 2017 and December 31, 2016, respectively 1,150 1,146
Additional paid-in-capital 100,695 99,765
Treasury stock, at cost; 42,600 shares at March 31, 2017 and December 31, 2016 (426) (426)
Retained earnings 346,009 334,988
Accumulated other comprehensive loss, net (44,572) (47,756)
Total stockholders’ equity 402,856 387,717
Total liabilities and stockholders’ equity $ 635,139 $ 552,776