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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 75,850 $ 25,373
Accounts receivable, net 234,747 205,767
Inventories, net 168,211 155,568
Prepaid expenses 7,810 5,336
Income tax receivable 1,306 483
Total current assets 487,924 392,527
Rental equipment, net 32,751 28,493
Property, plant and equipment 210,681 202,293
Less: Accumulated depreciation (129,196) (125,629)
Property, plant and equipment, net 81,485 76,664
Goodwill 85,033 84,761
Intangible assets, net 51,888 52,872
Deferred income taxes 2,497 992
Other assets 4,316 3,362
Total assets 745,894 639,671
Current liabilities:    
Trade accounts payable 61,830 55,825
Income taxes payable 5,537 5,002
Accrued liabilities 33,304 40,454
Current maturities of long-term debt and capital lease obligations 275 82
Total current liabilities 100,946 101,363
Long-term debt and capital lease obligations, net of current maturities 147,000 60,000
Long-term tax liability 12,316 12,316
Deferred pension liability 1,052 1,225
Other long-term liabilities 7,391 7,291
Deferred income taxes 10,807 8,368
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,585,973 and 11,577,048 outstanding at March 31, 2018 and December 31, 2017, respectively 1,158 1,158
Additional paid-in-capital 104,588 103,864
Treasury stock, at cost; 42,600 shares at March 31, 2018 and December 31, 2017 (426) (426)
Retained earnings 387,985 374,678
Accumulated other comprehensive loss (26,923) (30,166)
Total stockholders’ equity 466,382 449,108
Total liabilities and stockholders’ equity $ 745,894 $ 639,671