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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 88,134 $ 105,998
Trade receivables, less allowance for doubtful accounts of $8,302 and $7,821 218,833 211,440
Inventories (Note 3) 150,415 122,954
Deferred tax assets (Note 10) 21,447 23,830
Prepaid income taxes 12,161 2,876
Prepaid expenses and other current assets 41,618 30,771
Total current assets 532,608 497,869
Property, plant and equipment, net (Note 5) 144,955 151,352
Prepaid pension cost 79,330 75,017
Deferred tax assets (Note 10) 18,053 20,227
Goodwill (Note 13) 248,416 252,520
Intangible assets (Note 13) 28,474 31,323
Other noncurrent assets 234,743 236,484
Total assets 1,286,579 1,264,792
Current liabilities    
Notes payable and current portion of long-term debt (Note 12) 6,667 6,700
Accounts payable 80,465 70,210
Employees’ compensation 35,099 40,249
Insurance and product liability 81,464 47,456
Tax liabilities 18,833 5,545
Other current liabilities 58,827 63,897
Total current liabilities 281,355 234,057
Long-term debt (Note 12) 263,000 245,000
Pensions and other employee benefits 165,272 174,598
Deferred tax liabilities (Note 10) 28,334 26,306
Other noncurrent liabilities 16,059 46,198
Total liabilities $ 754,020 $ 726,159
Commitments and contingencies (Note 17)    
Equity    
Preferred stock, 4 1/2% cumulative, $50 par value (Note 7) $ 3,569 $ 3,569
Common stock, no par value (Note 7) 156,158 148,401
Treasury shares, at cost (Note 7) (295,222) (286,557)
Accumulated other comprehensive loss (181,283) (166,730)
Retained earnings 845,584 835,126
Total MSA Safety Incorporated shareholders' equity 528,806 533,809
Noncontrolling interests 3,753 4,824
Total shareholders’ equity 532,559 538,633
Total liabilities and shareholders’ equity $ 1,286,579 $ 1,264,792