XML 29 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Condensed Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 587,000$ 867,000
Short-term investments2,400,0002,400,000
Accounts receivable, net26,161,00021,887,000
Inventories43,918,00038,606,000
Taxes receivable1,181,000631,000
Prepaid expense & other current assets3,099,0002,502,000
Total current assets77,346,00066,893,000
Property, plant & equipment, net28,568,00029,891,000
Other assets:  
Insurance for asbestos-related liabilities17,646,00017,646,000
Other assets9,451,0008,800,000
Total other assets27,097,00026,446,000
Total assets133,011,000123,230,000
Current liabilities:  
Accounts payable11,881,0008,829,000
Accrued expenses15,511,00016,864,000
Notes payable15,895,0004,639,000
Current portion of long-term debt1,496,0001,487,000
Total current liabilities44,783,00031,819,000
Long-term debt, less current portion4,609,0005,851,000
Asbestos-related liabilities17,700,00017,700,000
Other liabilities15,840,00016,771,000
Total liabilities82,932,00072,141,000
Stockholders' equity  
Common stock46,00046,000
Additional paid-in capital20,075,00020,148,000
Less cost of shares in treasury(14,958,000)(15,133,000)
Retained earnings46,818,00046,769,000
Accumulated other comprehensive loss(2,845,000)(1,683,000)
Total stockholders' equity of controlling interests49,136,00050,147,000
Noncontrolling interests943,000942,000
Total stockholders' equity50,079,00051,089,000
Total liabilities and stockholders' equity$ 133,011,000$ 123,230,000