XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 116,650 $ 134,244
Trade receivables, less allowance for doubtful accounts of $5,786 and $5,540 239,406 244,198
Inventories (Note 4) 177,256 153,739
Prepaid income taxes 34,023 31,448
Notes receivable, insurance companies (Note 19) 3,494 17,333
Prepaid expenses and other current assets 38,682 41,335
Total current assets 609,511 622,297
Property, plant and equipment, net (Note 6) 148,780 157,014
Prepaid pension cost 88,237 83,060
Deferred tax assets (Note 11) 25,806 25,825
Goodwill (Note 14) 418,384 422,185
Intangible assets (Note 14) 176,600 183,088
Notes receivable, insurance companies, noncurrent (Note 19) 60,340 59,567
Insurance receivable (Note 19) and other noncurrent assets 122,901 131,790
Total assets 1,650,559 1,684,826
Current liabilities    
Notes payable and current portion of long-term debt, net (Note 13) 26,895 26,680
Accounts payable 76,331 87,061
Employees’ compensation 34,760 39,377
Insurance and product liability (Note 19) 57,495 59,116
Income taxes payable (Note 11) 12,177 0
Warranty reserve (Note 19) and other current liabilities 75,614 77,045
Total current liabilities 283,272 289,279
Long-term debt, net (Note 13) 403,712 447,832
Pensions and other employee benefits 167,906 170,773
Deferred tax liabilities (Note 11) 8,589 9,341
Product liability (Note 19) and other noncurrent liabilities 148,010 165,023
Total liabilities 1,011,489 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) 204,171 194,953
Treasury shares, at cost (Note 8) (298,623) (297,834)
Accumulated other comprehensive loss (Note 7) (181,525) (171,762)
Retained earnings 906,244 868,675
Total MSA Safety Incorporated shareholders' equity 633,836 597,601
Noncontrolling interests 5,234 4,977
Total shareholders’ equity 639,070 602,578
Total liabilities and shareholders’ equity $ 1,650,559 $ 1,684,826