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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 47,016 $ 42,115
Accounts receivable, net 317,581 237,970
Inventories, net 352,553 320,917
Prepaid expenses and other current assets 9,144 9,500
Income tax receivable  916 1,666
Total current assets 727,210 612,168
Rental equipment, net 33,723 32,514
Property, plant and equipment 335,078 321,863
Less:  Accumulated depreciation (180,071) (169,372)
Total property, plant and equipment, net 155,007 152,491
Goodwill 195,858 202,406
Intangible assets, net 171,341 183,466
Deferred income taxes 969 1,110
Other non-current assets 24,400 21,587
Total assets 1,308,508 1,205,742
Current liabilities:    
Trade accounts payable 97,537 101,396
Income taxes payable 6,592 2,613
Accrued liabilities 71,368 73,523
Current maturities of long-term debt and finance lease obligations 15,009 15,032
Total current liabilities 190,506 192,564
Long-term debt and finance lease obligations, net of current maturities 286,943 254,522
Long-term tax liability 3,781 4,416
Other long-term liabilities 23,668 27,119
Deferred income taxes 18,250 21,458
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,913,890 and 11,874,178 outstanding at December 31, 2022 and December 31, 2021, respectively 1,191 1,187
Additional paid-in capital 129,820 124,228
Treasury stock, at cost; 82,600 shares at December 31, 2022 and December 31, 2021 (4,566) (4,566)
Retained earnings 727,183 633,804
Accumulated other comprehensive loss (68,268) (48,990)
Total stockholders’ equity 785,360 705,663
Total liabilities and stockholders’ equity $ 1,308,508 $ 1,205,742