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Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 74,637 $ 16,793
Accounts receivable, net 200,223 170,329
Inventories, net 153,150 135,760
Prepaid expenses 5,487 4,725
Income tax receivable 4,493 11
Total current assets 437,990 327,618
Rental equipment, net 31,441 30,970
Property, plant and equipment 190,228 180,041
Less: Accumulated depreciation (118,995) (113,412)
Property, plant and equipment, net 71,233 66,629
Goodwill 82,430 74,825
Intangible assets, net 55,353 50,038
Deferred income taxes 652 619
Other assets 1,765 2,077
Total assets 680,864 552,776
Current liabilities:    
Trade accounts payable 57,164 43,136
Income taxes payable 2,210 2,333
Accrued liabilities 35,994 33,158
Current maturities of long-term debt and capital lease obligations 80 73
Total current liabilities 95,448 78,700
Long-term debt and capital lease obligations, net of current maturities 146,017 70,017
Deferred pension liability 2,409 2,929
Other long-term liabilities 7,407 6,969
Deferred income taxes 6,672 6,444
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,562,001 and 11,462,484 outstanding at June 30, 2017 and December 31, 2016, respectively 1,156 1,146
Additional paid-in-capital 102,355 99,765
Treasury stock, at cost; 42,600 shares at June 30, 2017 and December 31, 2016 (426) (426)
Retained earnings 357,163 334,988
Accumulated other comprehensive loss, net (37,337) (47,756)
Total stockholders’ equity 422,911 387,717
Total liabilities and stockholders’ equity $ 680,864 $ 552,776