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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 121,802 $ 51,919
Accounts receivable, net 392,940 362,007
Inventories, net 384,488 377,480
Prepaid expenses and other current assets 16,226 12,497
Income tax receivable 75 54
Total current assets 915,531 803,957
Rental equipment, net 43,102 39,264
Property, plant and equipment 369,233 365,960
Less:  Accumulated depreciation (204,423) (199,300)
Total property, plant and equipment, net 164,810 166,660
Goodwill 205,452 206,536
Intangible assets, net 163,909 168,296
Deferred income taxes 1,388 1,375
Other non-current assets 25,228 23,298
Total assets 1,519,420 1,409,386
Current liabilities:    
Trade accounts payable 103,409 99,678
Income taxes payable 17,596 12,529
Accrued liabilities 77,349 86,711
Current maturities of long-term debt and finance lease obligations 15,008 15,008
Total current liabilities 213,362 213,926
Long-term debt and finance lease obligations, net of current maturities 306,525 220,269
Long-term tax liability 2,633 2,634
Other long-term liabilities 24,335 23,694
Deferred income taxes 16,009 16,100
Stockholders’ equity:    
Common stock, $0.10 par value, 20,000,000 shares authorized; 11,996,041 and 11,964,181 outstanding at March 31, 2024 and December 31, 2023, respectively 1,200 1,196
Additional paid-in-capital 139,022 137,791
Treasury stock, at cost; 82,600 shares at March 31, 2024 and December 31, 2023, respectively (4,566) (4,566)
Retained earnings 881,876 852,859
Accumulated other comprehensive loss (60,976) (54,517)
Total stockholders’ equity 956,556 932,763
Total liabilities and stockholders’ equity $ 1,519,420 $ 1,409,386