GPC CORPORATION CONSOLIDATED BALANCE SHEET (In thousands, except number of shares) 06/30/17 06/30/16 06/30/15 ASSETS Cash and cash equivalents 3,053 2,943 5,182 Short-term marketable securities 9,568 6,246 4,767 Net accounts receivable 4,594 4,373 4,568 Inventories 4,624 4,716 4,979 Other current assets 2,139 11,345 8,496 Total current assets 23,978 29,623 27,992 Land and buildings 6,943 6,885 2,059 Machinery & equipment 29,505 29,506 6,926 Office furniture & equipment 765 769 184 Leasehold improvements 2,935 2,706 2,599 Total property, plant and equipment 40,148 39,866 40,063 Less: accumulated depreciation (20,255) (20,481) (20,408) Total long-term assets 19,893 19,385 19,655 Goodwill 44,699 44,350 44,622 Acquired intangible assets, net 13,770 24,527 25,010 Other assets 8,307 10,167 12,216 Total assets 110,647 128,052 129,495 LIABILITIES AND SHAREHOLDERS' EQUITY Accounts payable 9,632 9,325 8,138 Accrued expenses 7,024 7,449 8,091 Current liabilities held for sale 0 2,343 1,543 Other current liabilities 13,554 11,653 12,018 Total current liabilities 30,210 30,770 29,790 Long-term debt (variable rate bank loans) 18,038 18,945 18,327 Deferred income tax 8,126 9,113 9,179 Other non-current liabilities 8,912 11,241 9,149 Total liabilities 65,286 70,069 66,445 SHAREHOLDERS' EQUITY Common stock, $1 par value; 10,000,000 shares authorized (shares issued - end of 2017 4,009,200; end of 2016 4,009,200; end of 2015 4,009,200) 4,009 4,009 4,009 Retained earnings 85,707 87,953 84,807 Additional paid-in-capital 63,641 63,714 63,852 Net unrecognized gain/loss on derivative instruments (14,875) (16,159) (13,023) Foreign currency translation adjustment 594 642 631 Treasury stock repurchased at cost (End of 2017 1,455,900 shares; End of 2016 1,341,200 (93,715) (82,176) (77,226) shares; End of 2015 1,294,700 shares) Total shareholders' equity 45,361 57,983 63,050 Total liabilities and shareholders' equity 110,647 128,052 129,495 Calculate and show steps Average Price pers share for Stock buyback