Interim Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 56,485 $ 26,922
Accounts receivable, net 174,047 178,305
Inventories, net 154,604 150,758
Prepaid expenses 4,589 5,410
Income tax receivable 2,970 1,491
Total current assets 392,695 362,886
Rental equipment, net 32,506 37,564
Property, plant and equipment 179,727 178,044
Less: Accumulated depreciation (111,377) (107,094)
Property, plant and equipment, net 68,350 70,950
Goodwill 75,883 75,509
Intangible assets, net 50,921 52,950
Deferred income taxes 1,692 1,475
Other assets 2,835 2,169
Total assets 624,882 603,503
Current liabilities:    
Trade accounts payable 48,504 45,486
Income taxes payable 2,150 1,320
Accrued liabilities 32,567 38,141
Current maturities of long-term debt and capital lease obligations 1,372 77
Total current liabilities 84,593 85,024
Long-term debt and capital lease obligations, net of current maturities 134,018 144,006
Deferred pension liability 3,790 4,499
Other long-term liabilities 5,935 5,782
Deferred income taxes 9,030 3,723
Stockholders’ equity:    
Common stock, $.10 par value, 20,000,000 shares authorized; 11,460,184 and 11,392,236 outstanding at September 30, 2016 and December 31, 2015, respectively 1,146 1,139
Additional paid-in-capital 99,222 96,778
Treasury stock, at cost; 42,600 shares at September 30, 2016 and December 31, 2015 (426) (426)
Retained earnings 328,432 299,057
Accumulated other comprehensive loss, net (40,858) (36,079)
Total stockholders’ equity 387,516 360,469
Total liabilities and stockholders’ equity $ 624,882 $ 603,503