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Condensed Consolidated Balance Sheet - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 107,668 $ 140,095
Trade receivables, less allowance for doubtful accounts of $5,115 and $5,369 253,351 245,032
Inventories (Note 3) 172,663 156,602
Investments, short-term (Note 17) 73,619 55,106
Prepaid income taxes 12,252 10,769
Notes receivable, insurance companies (Note 18) 3,586 3,555
Prepaid expenses and other current assets 49,652 45,464
Total current assets 672,791 656,623
Property, plant and equipment, net (Note 5) 156,099 157,940
Operating lease assets, net (Note 14) 52,020 0
Prepaid pension cost 61,500 57,568
Deferred tax assets (Note 10) 29,492 32,522
Goodwill (Note 13) 415,254 413,640
Intangible assets (Note 13) 168,050 169,515
Notes receivable, insurance companies, noncurrent (Note 18) 56,368 56,012
Insurance receivable (Note 18) and other noncurrent assets 59,794 64,192
Total assets 1,671,368 1,608,012
Liabilities    
Notes payable and current portion of long-term debt, net (Note 12) 20,155 20,063
Accounts payable 75,524 78,367
Employees’ compensation 33,740 51,386
Insurance and product liability (Note 18) 32,429 48,688
Income taxes payable (Note 10) 8,208 0
Warranty reserve (Note 18) and other current liabilities 96,214 83,556
Total current liabilities 266,270 282,060
Long-term debt, net (Note 12) 357,304 341,311
Pensions and other employee benefits 166,294 166,101
Noncurrent operating lease liabilities (Note 14) 41,962 0
Deferred tax liabilities (Note 10) 7,613 7,164
Product liability (Note 18) and other noncurrent liabilities 168,640 171,857
Total liabilities 1,008,083 968,493
Commitments and contingencies (Note 18)
Equity    
Preferred stock, 4 1/2% cumulative, $50 par value (Note 7) 3,569 3,569
Common stock, no par value (Note 7) 213,099 211,806
Treasury shares, at cost (Note 7) (302,673) (298,143)
Accumulated other comprehensive loss (Note 6) (204,563) (218,927)
Retained earnings 947,929 935,577
Total MSA Safety Incorporated shareholders' equity 657,361 633,882
Noncontrolling interests 5,924 5,637
Total shareholders’ equity 663,285 639,519
Total liabilities and shareholders’ equity $ 1,671,368 $ 1,608,012