|
Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 374,131 |
$ 298,705 |
| Trade receivables, net |
299,309 |
373,993 |
| Inventories, net |
386,612 |
392,559 |
| Deferred income taxes |
25,000 |
23,569 |
| Prepaids and other current assets |
38,432 |
38,314 |
| Total current assets |
1,123,484 |
1,127,140 |
| Property, plant and equipment, net |
300,906 |
309,525 |
| Other assets |
11,613 |
12,586 |
| Total assets |
1,436,003 |
1,449,251 |
| Current liabilities: |
|
|
| Accounts payable |
59,688 |
53,837 |
| Accrued income taxes |
17,570 |
16,903 |
| Customer prepayments |
42,957 |
71,177 |
| Accrued compensation |
17,706 |
21,527 |
| Other accrued liabilities |
23,440 |
35,198 |
| Total current liabilities |
161,361 |
198,642 |
| Deferred income taxes |
4,578 |
5,417 |
| Total liabilities |
165,939 |
204,059 |
| Commitments and contingencies (Note 7) |
|
|
| Stockholders' equity: |
|
|
| Preferred stock, 10,000,000 shares authorized at $0.01 par value (none issued) |
|
|
| Common stock: 100,000,000 and 50,000,000 shares authorized at $0.01 par value at March 31, 2015 and December 31, 2014, 38,939,097 and 38,932,508 issued and outstanding at March 31, 2015 and December 31, 2014 |
388 |
388 |
| Additional paid-in capital |
20,224 |
16,480 |
| Retained earnings |
1,332,190 |
1,278,528 |
| Accumulated other comprehensive losses |
(82,738) |
(50,204) |
| Total stockholders' equity |
1,270,064 |
1,245,192 |
| Total liabilities and stockholders' equity |
$ 1,436,003 |
$ 1,449,251 |