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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 140,095 $ 134,244
Trade receivables, less allowance for doubtful accounts of $5,369 and $5,540 245,032 244,198
Inventories (Note 3) 156,602 153,739
Investments, short-term (Note 18) 55,106 0
Prepaid income taxes 10,769 31,448
Notes receivable, insurance companies (Note 19) 3,555 17,333
Prepaid expenses and other current assets 45,464 41,335
Total current assets 656,623 622,297
Property, plant, and equipment, net (Note 4) 157,940 157,014
Prepaid pension cost (Note 14) 57,568 83,060
Deferred tax assets (Note 9) 32,522 25,825
Goodwill (Note 12) 413,640 422,185
Intangible assets, net (Note 12) 169,515 183,088
Notes receivable, insurance companies, noncurrent (Note 19) 56,012 59,567
Insurance receivable (Note 19) and other noncurrent assets 64,192 131,790
Total assets 1,608,012 1,684,826
Current Liabilities    
Notes payable and current portion of long-term debt (Note 11) 20,063 26,680
Accounts payable 78,367 87,061
Employees’ compensation 51,386 39,377
Insurance and product liability (Note 19) 48,688 59,116
Warranty reserve (Note 19) and other current liabilities 83,556 77,045
Total current liabilities 282,060 289,279
Long-term debt, net (Note 11) 341,311 447,832
Pensions and other employee benefits (Note 14) 166,101 170,773
Deferred tax liabilities (Note 9) 7,164 9,341
Product liability (Note 19) and other noncurrent liabilities 171,857 165,023
Total liabilities 968,493 1,082,248
Commitments and contingencies (Note 19)
Mine Safety Appliances Company shareholders' equity:    
Preferred stock, 4 1/2% cumulative, $50 par value (Note 6) 3,569 3,569
Common stock, no par value (180,000,000 shares authorized; 62,081,391 shares issued; 38,526,523 and 38,222,928 shares outstanding at December 31, 2018 and 2017, respectively) 211,806 194,953
Treasury shares, at cost (Note 6) (298,143) (297,834)
Accumulated other comprehensive loss (218,927) (171,762)
Retained earnings 935,577 868,675
Total MSA Safety Incorporated shareholders’ equity 633,882 597,601
Noncontrolling interests 5,637 4,977
Total shareholders’ equity 639,519 602,578
Total liabilities and shareholders’ equity $ 1,608,012 $ 1,684,826