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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 48,880 $ 25,373
Accounts receivable, net 227,828 205,767
Inventories, net 184,018 155,568
Prepaid expenses 6,122 5,336
Income tax receivable 4,460 483
Total current assets 471,308 392,527
Rental equipment, net 40,461 28,493
Property, plant and equipment 214,175 202,293
Less: Accumulated depreciation (130,606) (125,629)
Property, plant and equipment, net 83,569 76,664
Goodwill 83,716 84,761
Intangible assets, net 49,763 52,872
Deferred income taxes 1,553 992
Other assets 4,403 3,362
Total assets 734,773 639,671
Current liabilities:    
Trade accounts payable 71,944 55,825
Income taxes payable 0 5,002
Accrued liabilities 38,297 40,454
Current maturities of long-term debt and capital lease obligations 189 82
Total current liabilities 110,430 101,363
Long-term debt and capital lease obligations, net of current maturities 101,000 60,000
Long-term tax liability 7,347 12,316
Deferred pension liability 706 1,225
Other long-term liabilities 7,474 7,291
Deferred income taxes 10,924 8,368
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,652,597 and 11,577,048 outstanding at September 30, 2018 and December 31, 2017, respectively 1,166 1,158
Additional paid-in-capital 107,737 103,864
Treasury stock, at cost; 42,600 shares at September 30, 2018 and December 31, 2017 (426) (426)
Retained earnings 427,737 374,678
Accumulated other comprehensive loss (39,322) (30,166)
Total stockholders’ equity 496,892 449,108
Total liabilities and stockholders’ equity $ 734,773 $ 639,671