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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 25,373 $ 16,793
Accounts receivable, net 205,767 170,329
Inventories, net 155,568 135,760
Prepaid expenses 5,336 4,725
Income tax receivable 483 11
Total current assets 392,527 327,618
Rental equipment, net 28,493 30,970
Property, plant and equipment 202,293 180,041
Less: Accumulated depreciation (125,629) (113,412)
Property, plant and equipment, net 76,664 66,629
Goodwill 84,761 74,825
Intangible assets, net 52,872 50,038
Deferred income taxes 992 619
Other assets 3,362 2,077
Total assets 639,671 552,776
Current liabilities:    
Trade accounts payable 55,825 43,136
Income taxes payable 5,002 2,333
Accrued liabilities 40,454 33,158
Current maturities of long-term debt and capital lease obligations 82 73
Total current liabilities 101,363 78,700
Long-term debt and capital lease obligation, net of current maturities 60,000 70,017
Long-term tax liability 12,316 0
Accrued pension liabilities 1,225 2,929
Other long-term liabilities 7,291 6,969
Deferred income taxes 8,368 6,444
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,577,048 and 11,462,484 outstanding at December 31, 2017 and December 31, 2016, respectively 1,158 1,146
Additional paid-in capital 103,864 99,765
Treasury stock, at cost; 42,600 shares at December 31, 2017 and December 31, 2016 (426) (426)
Retained earnings 374,678 334,988
Accumulated other comprehensive loss (30,166) (47,756)
Total stockholders’ equity 449,108 387,717
Total liabilities and stockholders’ equity $ 639,671 $ 552,776