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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash $ 52,244 $ 130,160
Accounts receivable, net of allowances of $5,242 and $3,881, respectively 108,595 97,793
Inventories 99,015 71,054
Other current assets 14,792 9,941
Total current assets 274,646 308,948
Property, Plant and Equipment    
Land and buildings 25,942 28,203
Machinery and equipment 183,556 167,541
Construction in progress 2,685 8,176
Less accumulated depreciation (147,553) (137,879)
Property, plant and equipment, net 64,630 66,041
Goodwill 8,045 7,703
Intangible assets, net of accumulated amortization of $8,533 and $7,048, respectively 14,548 15,511
Deferred income taxes, net 20,273 28,587
Other assets 2,246 1,975
TOTAL ASSETS 384,388 428,765
Current Liabilities:    
Accounts payable 86,608 60,556
Accrued liabilities and other 33,944 45,699
Current portion of long-term debt 3,191 0
Total current liabilities 123,743 106,255
Long-term debt 163,758 233,154
Pension and other post-retirement liabilities 15,450 18,938
Other long-term liabilities 6,695 2,728
Total liabilities 309,646 361,075
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; 30,219,278 and 29,871,354 shares issued and outstanding, respectively); 304 299
Treasury stock, at cost: 1,175,795 and 1,014,413 shares, respectively (9,114) (7,753)
Additional paid-in capital 239,870 237,367
Retained deficit (115,083) (113,378)
Accumulated other comprehensive loss (41,235) (48,845)
Total stockholders’ equity 74,742 67,690
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 384,388 $ 428,765