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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash $ 70,913 $ 52,244
Accounts receivable, net of allowances of $5,139 and $5,242, respectively 134,624 108,595
Inventories 92,359 99,015
Other current assets 16,828 14,792
Total current assets 314,724 274,646
Property, Plant and Equipment:    
Land and buildings 26,240 25,942
Machinery and equipment 175,990 183,556
Construction in progress 6,650 2,685
Less accumulated depreciation (143,781) (147,553)
Property, plant and equipment, net 65,099 64,630
Goodwill 7,576 8,045
Intangible assets, net of accumulated amortization of $9,568 and $8,533, respectively 12,800 14,548
Deferred income taxes, net 15,348 20,273
Other assets 2,583 2,246
TOTAL ASSETS 418,130 384,388
Current Liabilities:    
Accounts payable 86,645 86,608
Accrued liabilities and other 36,969 33,944
Current portion of long-term debt 9,102 3,191
Total current liabilities 132,716 123,743
Long-term debt 154,656 163,758
Pension and other post-retirement liabilities 12,065 15,450
Other long-term liabilities 3,655 6,695
Total liabilities 303,092 309,646
Commitments and contingencies (Note 11)
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; 30,512,843 and 30,219,278 shares issued and outstanding, respectively); 318 304
Treasury stock, at cost: 1,334,251 and 1,175,795 shares, respectively (10,245) (9,114)
Additional paid-in capital 243,007 239,870
Retained deficit (70,571) (115,083)
Accumulated other comprehensive loss (47,471) (41,235)
Total stockholders’ equity 115,038 74,742
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 418,130 $ 384,388