Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 107,667 $ 72,284
Accounts receivable, net 197,080 179,632
Inventories, net 265,042 280,945
Prepaid and other current assets 41,294 35,730
Total current assets 611,083 568,591
Investments in affiliated companies 479,249 472,929
Property, plant and equipment, net 1,147,879 1,186,770
Goodwill 1,248,734 1,259,805
Other intangible assets, net 652,315 676,385
Right-of-use lease assets 53,655 57,295
Other long-term assets 103,956 99,070
Total assets 4,296,871 4,320,845
LIABILITIES    
Notes payable and current maturities of long-term debt 8,489 7,766
Accounts payable 127,320 144,365
Operating lease liabilities—current 15,235 15,183
Accrued liabilities 95,310 102,154
Total current liabilities 246,354 269,468
Long-term debt, excluding current portion 1,961,687 1,899,196
Deferred income taxes 215,044 218,037
Operating lease liabilities—noncurrent 38,083 40,156
Other long-term liabilities 94,563 108,670
Total liabilities 2,555,731 2,535,527
Commitments and contingencies (Note 16)
EQUITY    
Common stock, par value (usd per share) $ 0.01 $ 0.01
Common stock, shares authorized (shares) 450,000,000 450,000,000
Common stock, shares issued (shares) 137,313,883 136,861,382
Common stock, shares outstanding (shares) 136,596,198 136,464,961
Common Stock, Value, Issued $ 1,373 $ 1,369
Preferred stock, par value (usd per share) $ 0.01 $ 0.01
Preferred stock, shares authorized (shares) 50,000,000 50,000,000
Preferred stock, shares issued (shares) 0 0
Preferred stock, shares outstanding (shares) 0 0
Preferred Stock, Value, Issued $ 0 $ 0
Additional paid-in capital 1,702,996 1,696,899
Retained earnings $ 103,237 $ 103,013
Treasury stock (shares) 717,685 396,421
Treasury Stock, Value $ (10,372) $ (6,483)
Accumulated other comprehensive loss (58,759) (15,348)
Total PQ Group Holdings Inc. equity 1,738,475 1,779,450
Noncontrolling interest 2,665 5,868
Total equity 1,741,140 1,785,318
Total liabilities and equity $ 4,296,871 $ 4,320,845