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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash $ 130,160 $ 92,194
Accounts receivable, net of allowances of $3,881 and $4,539, respectively 97,793 130,240
Inventories 71,054 75,658
Other current assets 9,941 10,185
Total current assets 308,948 308,277
PROPERTY, PLANT AND EQUIPMENT    
Land and buildings 28,203 27,330
Machinery and equipment 167,541 166,380
Construction in progress 8,176 11,849
Less accumulated depreciation (137,879) (134,598)
Property, plant and equipment, net 66,041 70,961
GOODWILL 7,703 7,834
INTANGIBLE ASSETS, net of accumulated amortization of $7,048 and $6,858, respectively 15,511 16,946
DEFERRED INCOME TAXES, NET 28,587 25,253
OTHER ASSETS 1,975 4,771
TOTAL ASSETS 428,765 434,042
CURRENT LIABILITIES:    
Accounts payable 60,556 66,657
Accrued liabilities and other 45,699 48,196
Total current liabilities 106,255 114,853
LONG-TERM DEBT 233,154 232,363
PENSION AND OTHER POST-RETIREMENT BENEFITS 18,938 17,233
OTHER LONG-TERM LIABILITIES 2,728 3,663
Total liabilities 361,075 368,112
COMMITMENTS AND CONTINGENCIES (Note 10)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $.01 par value (5,000,000 shares authorized; no shares issued and outstanding) 0 0
Common stock, $.01 par value (60,000,000 shares authorized; 29,871,354 and 29,448,779 shares issued and outstanding, respectively); 299 294
Treasury stock, at cost: 1,014,413 and 879,404 shares, respectively (7,753) (7,039)
Additional paid-in capital 237,367 234,760
Retained deficit (113,378) (122,431)
Accumulated other comprehensive loss (48,845) (39,654)
Total stockholders’ equity 67,690 65,930
TOTAL LIABILITIES AND EQUITY $ 428,765 $ 434,042