Consolidated Condensed Balance Sheets (Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 44,034	$ 27,428
Accounts receivable, net	146,736	148,244
Inventories	149,537	135,869
Prepaid expenses and other current assets	16,377	18,971
Total current assets	356,684	330,512
Property, plant and equipment, net	117,041	122,029
Goodwill	401,792	397,664
Other intangible assets, net	418,957	419,549
Other assets	66,713	59,229
Total assets	1,361,187	1,328,983
Current liabilities:
Current portion of long-term debt	13,542	10,202
Accounts payable	50,258	41,647
Accrued compensation and benefits	28,636	32,036
Other current liabilities	46,887	30,067
Total current liabilities	139,323	113,952
Long-term debt	494,789	488,288
Deferred income taxes	112,410	119,143
Other long-term liabilities	24,999	27,024
Total liabilities	771,521	748,407
Commitments and contingencies
Shareholders' equity:
Preferred stock, par value $.01 per share; authorized 500,000 shares; none outstanding	0	0
Common stock, par value $.01 per share; 100,000,000 shares authorized; 31,299,194 shares issued in 2017 and 2016, respectively	313	313
Paid-in capital	332,656	329,276
Retained earnings	398,982	406,932
Accumulated other comprehensive loss	(47,651)	(58,526)
Less: 3,371,915 and 3,471,121 shares of common stock in treasury, at cost in 2017 and 2016, respectively	(94,634)	(97,419)
Total shareholders’ equity	589,666	580,576
Total liabilities and shareholders’ equity	$ 1,361,187	$ 1,328,983

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.