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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 84,425 $ 42,311
Accounts receivable, net 248,773 237,837
Inventories, net 273,648 267,674
Prepaid expenses and other current assets 10,243 10,099
Income tax receivable 6,878 12,907
Total current assets 623,967 570,828
Rental equipment, net 52,045 56,467
Property, plant and equipment 297,729 302,113
Less:  Accumulated depreciation (141,349) (141,388)
Total property, plant and equipment, net 156,380 160,725
Goodwill 195,561 198,022
Intangible assets, net 202,344 206,272
Deferred income taxes 1,026 1,078
Other non-current assets 18,553 19,371
Total assets 1,249,876 1,212,763
Current liabilities:    
Trade accounts payable 88,891 81,986
Income taxes payable 2,079 2,362
Accrued liabilities 52,923 59,686
Current maturities of long-term debt and finance lease obligations 18,826 18,840
Total current liabilities 162,719 162,874
Long-term debt and finance lease obligations, net of current maturities 471,429 425,141
Long-term tax liability 6,778 7,432
Deferred pension liability 1,654 1,844
Other long-term liabilities 25,307 19,254
Deferred income taxes 21,580 26,461
Stockholders’ equity:    
Common stock, $0.10 par value, 20,000,000 shares authorized; 11,761,259 and 11,752,509 outstanding at March 31, 2020 and December 31, 2019, respectively 1,176 1,175
Additional paid-in-capital 114,967 113,666
Treasury stock, at cost; 82,600 shares at March 31, 2020 and December 31, 2019, respectively (4,566) (4,566)
Retained earnings 514,320 500,320
Accumulated other comprehensive loss (65,488) (40,838)
Total stockholders’ equity 560,409 569,757
Total liabilities and stockholders’ equity $ 1,249,876 $ 1,212,763