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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 59,404 $ 54,268
Accounts receivable, net of allowance for doubtful accounts of $1,354 and $610 at September 30, 2019 and December 31, 2018 respectively 93,995 99,545
Inventories 73,830 67,187
Prepaid expenses 4,107 3,830
Prepaid income taxes 5,448 0
Other current assets 3,165 1,484
Total current assets 239,949 226,314
Property, plant and equipment, net 200,805 190,919
Goodwill 504,094 447,995
Intangible assets with finite lives, net 134,397 109,405
Right of use assets 6,601 0
Derivative assets 2,171 0
Other assets 8,611 6,722
Total assets 1,096,628 981,355
Current liabilities:    
Trade accounts payable 36,739 33,345
Accrued expenses 22,693 22,025
Accrued compensation and other benefits 10,295 11,022
Dividends payable 78 15,220
Income tax payable 0 444
Lease liabilities - current 2,218 0
Total current liabilities 72,023 82,056
Revolving loan 218,569 156,000
Deferred income taxes 57,008 44,309
Lease liabilities - non-current 4,367 0
Derivative liabilities 2,475 0
Other long-term obligations 8,600 7,372
Total liabilities 363,042 289,737
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; 32,401,586 shares issued and 32,169,087 shares outstanding at September 30, 2019 and 32,256,915 shares issued and 32,256,209 outstanding at December 31, 2018, respectively 2,160 2,151
Additional paid-in capital 173,760 165,098
Retained earnings 587,315 528,027
Accumulated other comprehensive loss (9,055) (3,602)
Treasury stock, at cost: 232,499 and 706 shares at September 30, 2019 and December 31, 2018, respectively (20,594) (56)
Total stockholders' equity 733,586 691,618
Total liabilities and stockholders' equity $ 1,096,628 $ 981,355