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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 39,511 $ 70,913
Accounts receivable, net of allowances of $4,634 and $5,139, respectively 115,099 133,935
Inventories 82,872 92,359
Other current assets 18,490 12,080
Total current assets 255,972 309,287
Property, Plant and Equipment:    
Land and buildings 29,153 26,240
Machinery and equipment 186,511 173,771
Construction in progress 12,961 6,650
Less accumulated depreciation (154,939) (142,560)
Property, plant and equipment, net 73,686 64,101
Operating lease right-of-use asset, net 34,960  
Goodwill 27,816 7,576
Intangible assets, net of accumulated amortization of $11,440 and $9,568, respectively 25,258 12,800
Deferred income taxes, net 14,654 16,341
Other assets 3,480 2,583
TOTAL ASSETS 435,826 412,688
Current Liabilities:    
Accounts payable 63,058 86,645
Current operating lease liabilities 7,620  
Accrued liabilities and other 32,673 36,969
Current portion of long-term debt 3,256 9,102
Total current liabilities 106,607 132,716
Long-term debt 153,128 154,656
Long-term operating lease liabilities 29,414  
Pension and other post-retirement liabilities 10,666 12,065
Other long-term liabilities 7,323 3,655
Total liabilities 307,138 303,092
Commitments and contingencies (Note 13)
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; 30,801,255 and 30,512,843 shares issued and outstanding, respectively) 323 318
Treasury stock, at cost: 1,464,392 and 1,334,251 shares, respectively (11,230) (10,245)
Additional paid-in capital 245,852 243,007
Retained deficit (60,307) (76,013)
Accumulated other comprehensive loss (45,950) (47,471)
Total stockholders’ equity 128,688 109,596
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 435,826 $ 412,688