XML 15 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 43,602 $ 25,373
Accounts receivable, net 238,126 205,767
Inventories, net 174,836 155,568
Prepaid expenses 6,771 5,336
Income tax receivable 5,345 483
Total current assets 468,680 392,527
Rental equipment, net 37,057 28,493
Property, plant and equipment 207,827 202,293
Less:  Accumulated depreciation (128,090) (125,629)
Property, plant and equipment, net 79,737 76,664
Goodwill 83,972 84,761
Intangible assets, net 50,636 52,872
Deferred income taxes 1,545 992
Other assets 3,752 3,362
Total assets 725,379 639,671
Current liabilities:    
Trade accounts payable 63,322 55,825
Income taxes payable 0 5,002
Accrued liabilities 37,312 40,454
Current maturities of long-term debt and capital lease obligations 17 82
Total current liabilities 100,651 101,363
Long-term debt and capital lease obligations, net of current maturities 119,000 60,000
Long-term tax liability 12,316 12,316
Deferred pension liability 879 1,225
Other long-term liabilities 7,415 7,291
Deferred income taxes 10,671 8,368
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,652,597 and 11,577,048 outstanding at June 30, 2018 and December 31, 2017, respectively 1,165 1,158
Additional paid-in-capital 106,794 103,864
Treasury stock, at cost; 42,600 shares at June 30, 2018 and December 31, 2017 (426) (426)
Retained earnings 405,479 374,678
Accumulated other comprehensive loss (38,565) (30,166)
Total stockholders’ equity 474,447 449,108
Total liabilities and stockholders’ equity $ 725,379 $ 639,671