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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 78,967 $ 65,672
Accounts receivable, net of allowance for doubtful accounts of $2,201 and $2,080 at September 30, 2020 and December 31, 2019 respectively 98,709 93,444
Inventories 77,430 83,893
Prepaid expenses 5,021 4,385
Prepaid income taxes 7,185 5,098
Other current assets 2,810 2,454
Total current assets 270,122 254,946
Property, plant and equipment, net 219,554 216,859
Goodwill 526,257 523,998
Intangible assets with finite lives, net 126,182 143,924
Right of use assets 8,188 7,338
Other assets 11,038 8,617
Total assets 1,161,341 1,155,682
Current liabilities:    
Trade accounts payable 23,329 37,267
Accrued expenses 28,991 24,604
Accrued compensation and other benefits 14,083 11,057
Dividends payable 136 16,855
Lease liabilities - current 1,874 2,475
Total current liabilities 68,413 92,258
Revolving loan 193,569 248,569
Deferred income taxes 57,082 56,431
Lease liabilities - non-current 6,026 4,827
Derivative liabilities 7,004 2,103
Other long-term obligations 9,804 7,827
Total liabilities 341,898 412,015
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; 32,451,415 shares issued and 32,342,602 shares outstanding at September 30, 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 175,160 174,218
Retained earnings 653,382 590,921
Accumulated other comprehensive loss (1,217) (5,564)
Treasury stock, at cost: 108,813 and 203,879 shares at September 30, 2020 and December 31, 2019, respectively (10,046) (18,069)
Total stockholders' equity 819,443 743,667
Total liabilities and stockholders' equity $ 1,161,341 $ 1,155,682