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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 82,002 $ 42,311
Accounts receivable, net 229,714 237,837
Inventories, net 248,706 267,674
Prepaid expenses and other current assets 7,625 10,099
Income tax receivable 4,066 12,907
Total current assets 572,113 570,828
Rental equipment, net 48,583 56,467
Property, plant and equipment 302,219 302,113
Less:  Accumulated depreciation (146,009) (141,388)
Total property, plant and equipment, net 156,210 160,725
Goodwill 195,457 198,022
Intangible assets, net 198,925 206,272
Deferred income taxes 815 1,078
Other non-current assets 17,585 19,371
Total assets 1,189,688 1,212,763
Current liabilities:    
Trade accounts payable 63,417 81,986
Income taxes payable 2,619 2,362
Accrued liabilities 52,615 59,686
Current maturities of long-term debt and finance lease obligations 15,072 18,840
Total current liabilities 133,723 162,874
Long-term debt and finance lease obligations, net of current maturities 423,723 425,141
Long-term tax liability 6,778 7,432
Deferred pension liability 1,464 1,844
Other long-term liabilities 25,361 19,254
Deferred income taxes 21,488 26,461
Stockholders’ equity:    
Common stock, $0.10 par value, 20,000,000 shares authorized; 11,786,895 and 11,752,509 outstanding at June 30, 2020 and December 31, 2019, respectively 1,179 1,175
Additional paid-in-capital 115,594 113,666
Treasury stock, at cost; 82,600 shares at June 30, 2020 and December 31, 2019, respectively (4,566) (4,566)
Retained earnings 525,778 500,320
Accumulated other comprehensive loss (60,834) (40,838)
Total stockholders’ equity 577,151 569,757
Total liabilities and stockholders’ equity $ 1,189,688 $ 1,212,763