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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 50,613 $ 59,875
Accounts receivable, less allowances (2018 - $1,462; 2017 - $1,507) 126,330 116,712
Contract assets 26,598 0
Inventories 78,901 80,339
Taxes receivable 4,815 5,525
Prepaid expenses 5,603 4,858
Other current assets 6,986 6,186
Total current assets 299,846 273,495
Property, plant and equipment, at cost 403,548 397,152
Accumulated depreciation (235,240) (226,820)
Net, property, plant and equipment 168,308 170,332
Goodwill 67,022 68,969
Other intangible assets, net 36,329 40,543
Other assets, net 7,269 7,532
Total assets 578,774 560,871
Current liabilities:    
Current portion of long-term debt 271 277
Accounts payable 74,186 71,931
Accrued payroll and other compensation 13,286 15,978
Accrued taxes 3,312 2,230
Other accrued liabilities 15,255 11,690
Total current liabilities 106,310 102,106
Long-term debt 76,784 76,913
Deferred tax liabilities 16,257 14,714
Benefit plan liabilities 5,261 9,743
Other long-term liabilities 3,447 3,999
Commitments and Contingencies (Note 14)
Stockholders’ equity:    
Preferred stock 0 0
Common stock 251 250
Capital in excess of par value 91,177 88,006
Retained earnings 397,885 374,783
Accumulated other comprehensive loss (28,280) (20,148)
Treasury stock, at cost (90,318) (89,495)
Total stockholders’ equity 370,715 353,396
Total liabilities and stockholders’ equity $ 578,774 $ 560,871