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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 124,883 $ 134,244
Trade receivables, less allowance for doubtful accounts of $5,816 and $5,540 254,068 244,198
Inventories (Note 4) 171,203 153,739
Prepaid income taxes 31,800 31,448
Notes receivable, insurance companies (Note 19) 3,463 17,333
Prepaid expenses and other current assets 46,878 41,335
Total current assets 632,295 622,297
Property, plant and equipment, net (Note 6) 154,848 157,014
Prepaid pension cost 85,941 83,060
Deferred tax assets (Note 11) 26,648 25,825
Goodwill (Note 14) 426,860 422,185
Intangible assets (Note 14) 182,390 183,088
Notes receivable, insurance companies, noncurrent (Note 19) 59,954 59,567
Insurance receivable (Note 19) and other noncurrent assets 126,832 131,790
Total assets 1,695,768 1,684,826
Current liabilities    
Notes payable and current portion of long-term debt, net (Note 13) 26,780 26,680
Accounts payable 68,142 87,061
Employees’ compensation 27,584 39,377
Insurance and product liability (Note 19) 67,119 59,116
Income taxes payable (Note 11) 8,801 0
Warranty reserve (Note 19) and other current liabilities 74,978 77,045
Total current liabilities 273,404 289,279
Long-term debt, net (Note 13) 441,426 447,832
Pensions and other employee benefits 173,840 170,773
Deferred tax liabilities (Note 11) 10,249 9,341
Product liability (Note 19) and other noncurrent liabilities 155,663 165,023
Total liabilities 1,054,582 1,082,248
Commitments and contingencies (Note 19)
Equity    
Preferred stock, 4 1/2% cumulative, $50 par value (Note 8) 3,569 3,569
Common stock, no par value (Note 8) 200,002 194,953
Treasury shares, at cost (Note 8) (299,103) (297,834)
Accumulated other comprehensive loss (Note 7) (156,203) (171,762)
Retained earnings 887,656 868,675
Total MSA Safety Incorporated shareholders' equity 635,921 597,601
Noncontrolling interests 5,265 4,977
Total shareholders’ equity 641,186 602,578
Total liabilities and shareholders’ equity $ 1,695,768 $ 1,684,826