XML 40 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 73,959 $ 65,672
Accounts receivable, net of allowance for doubtful accounts of $2,511 and $2,080 at March 31, 2020 and December 31, 2019 respectively 105,867 93,444
Inventories 83,196 83,893
Prepaid expenses 4,134 4,385
Prepaid income taxes 527 5,098
Other current assets 2,998 2,454
Total current assets 270,681 254,946
Property, plant and equipment, net 215,279 216,859
Goodwill 522,785 523,998
Intangible assets with finite lives, net 136,515 143,924
Right of use assets 6,912 7,338
Other assets 9,940 8,617
Total assets 1,162,112 1,155,682
Current liabilities:    
Trade accounts payable 23,630 37,267
Accrued expenses 35,848 24,604
Accrued compensation and other benefits 9,826 11,057
Dividends payable 137 16,855
Lease liabilities - current 2,279 2,475
Total current liabilities 71,720 92,258
Revolving loan 253,569 248,569
Deferred income taxes 57,095 56,431
Lease liabilities - non-current 4,336 4,827
Derivative liabilities 443 2,103
Other long-term obligations 8,678 7,827
Total liabilities 395,841 412,015
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, $0.0667 par value. Authorized 120,000,000 shares; 32,447,415 shares issued and 32,316,842 shares outstanding at March 31, 2020 and 32,405,796 shares issued and 32,201,917 outstanding at December 31, 2019, respectively 2,164 2,161
Additional paid-in capital 173,581 174,218
Retained earnings 610,689 590,921
Accumulated other comprehensive loss (8,469) (5,564)
Treasury stock, at cost: 130,573 and 203,879 shares at March 31, 2020 and December 31, 2019, respectively (11,694) (18,069)
Total stockholders' equity 766,271 743,667
Total liabilities and stockholders' equity $ 1,162,112 $ 1,155,682