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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 84,277 $ 42,115
Accounts receivable, net 296,857 237,970
Inventories, net 355,389 320,917
Prepaid expenses and other current assets 12,531 9,500
Income tax receivable 209 1,666
Total current assets 749,263 612,168
Rental equipment, net 31,850 32,514
Property, plant and equipment 324,236 321,863
Less:  Accumulated depreciation (172,552) (169,372)
Total property, plant and equipment, net 151,684 152,491
Goodwill 198,726 202,406
Intangible assets, net 182,305 183,466
Deferred income taxes 1,054 1,110
Other non-current assets 23,133 21,587
Total assets 1,338,015 1,205,742
Current liabilities:    
Trade accounts payable 114,312 101,396
Income taxes payable 867 2,613
Accrued liabilities 68,315 73,523
Current maturities of long-term debt and finance lease obligations 15,022 15,032
Total current liabilities 198,516 192,564
Long-term debt and finance lease obligations, net of current maturities 357,834 254,522
Long-term tax liability 4,416 4,416
Other long-term liabilities 25,908 27,119
Deferred income taxes 24,161 21,458
Stockholders’ equity:    
Common stock, $0.10 par value, 20,000,000 shares authorized; 11,894,188 and 11,874,178 outstanding at March 31, 2022 and December 31, 2021, respectively 1,189 1,187
Additional paid-in-capital 125,681 124,228
Treasury stock, at cost; 82,600 shares at March 31, 2022 and December 31, 2021, respectively (4,566) (4,566)
Retained earnings 650,141 633,804
Accumulated other comprehensive loss (45,265) (48,990)
Total stockholders’ equity 727,180 705,663
Total liabilities and stockholders’ equity $ 1,338,015 $ 1,205,742