XML 33 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Balance Sheets (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 32,066 $ 36,716
Accounts receivable, less allowances of $3,278 and $3,848 163,753 128,365
Inventories, principally on last-in, first-out basis (replacement cost higher by $129,776 and $122,340) 174,884 130,917
Prepaid expenses and other current assets 8,069 6,832
Income tax receivable 2,247 8,192
Total current assets 381,019 311,022
Investment in joint venture 32,384 27,879
Goodwill 50,134 50,110
Intangible assets 38,143 41,427
Prepaid pension cost 19,765 18,580
Other assets 3,270 3,619
Property, plant and equipment    
Land 5,197 5,195
Building 52,282 52,277
Machinery and equipment 168,434 182,178
Property, plant and equipment, at cost 225,913 239,650
Less - accumulated depreciation (150,534) (162,935)
Property, plant and equipment, net 75,379 76,715
Total assets 600,094 529,352
Current liabilities    
Accounts payable 120,702 71,764
Accrued liabilities 26,012 31,320
Income taxes payable 2,341 2,357
Deferred income taxes 2,358 2,461
Current portion of long-term debt 7,945 8,012
Short-term debt 15,200 0
Total current liabilities 174,558 115,914
Long-term debt, less current portion 63,538 61,127
Deferred income taxes 25,479 26,754
Other non-current liabilities 3,247 3,390
Pension and post retirement benefit obligations 8,932 8,708
Commitments and contingencies    
Stockholders' equity    
Preferred stock, $0.01 par value - 10,000 shares authorized; no shares issued and outstanding at June 30, 2011 and December 31, 2010 0 0
Common stock, $0.01 par value - 30,000 shares authorized; 23,159 shares issued and 23,039 outstanding at June 30, 2011 and 23,149 shares issued and 22,986 outstanding at December 31, 2010 232 231
Additional paid-in capital 182,101 180,519
Retained earnings 157,147 150,747
Accumulated other comprehensive loss (13,615) (15,812)
Treasury stock, at cost - 120 shares at June 30, 2011 and 163 shares at December 31, 2010 (1,525) (2,226)
Total stockholders' equity 324,340 313,459
Total liabilities and stockholders' equity $ 600,094 $ 529,352