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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 39,004 $ 54,268
Accounts receivable, net of allowance for doubtful accounts of $583 and $610 at March 31, 2019 and December 31, 2018 respectively 99,834 99,545
Inventories 66,764 67,187
Prepaid expenses 3,510 3,830
Assets held for sale 11,748 0
Other current assets 806 1,484
Total current assets 221,666 226,314
Property, plant and equipment, net 188,036 194,339
Goodwill 446,453 447,995
Intangible assets with finite lives, net 100,088 105,985
Right of use assets 8,036 0
Other assets 7,609 6,722
Total assets 971,888 981,355
Current liabilities:    
Trade accounts payable 26,342 33,345
Accrued expenses 20,922 22,025
Accrued compensation and other benefits 6,255 11,022
Dividends payable 78 15,220
Income tax payable 6,989 444
Lease liabilities - current 2,467 0
Liabilities held for sale 757 0
Total current liabilities 63,810 82,056
Revolving loan 140,000 156,000
Deferred income taxes 44,311 44,309
Lease liabilities - non-current 5,559 0
Other long-term obligations 7,699 7,372
Total liabilities 261,379 289,737
Commitments and contingencies (note 16)
Stockholders' equity:    
Preferred stock, $25 par value. Authorized 2,000,000 shares; none issued and outstanding 0 0
Common stock, $.0667 par value. Authorized 120,000,000 shares; 32,336,228 shares issued and 32,330,032 outstanding at March 31, 2019 and 32,256,915 shares issued and 32,256,209 outstanding at December 31, 2018, respectively 2,156 2,151
Additional paid-in capital 166,762 165,098
Retained earnings 546,810 528,027
Accumulated other comprehensive loss (4,686) (3,602)
Treasury stock, at cost: 6,196 and 706 shares at March 31, 2019 and December 31, 2018 (533) (56)
Total stockholders' equity 710,509 691,618
Total liabilities and stockholders' equity $ 971,888 $ 981,355