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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 43,416 $ 49,237
Accounts receivable, less allowances (2019 - $2,087; 2018 - $1,440) 147,392 144,938
Contract assets 21,566 23,040
Inventories 88,232 84,465
Taxes receivable 2,745 2,912
Prepaid expenses 5,190 4,707
Other current assets 8,474 7,779
Total current assets 317,015 317,078
Property, plant and equipment, at cost 473,943 458,075
Accumulated depreciation (255,736) (244,706)
Net, property, plant and equipment 218,207 213,369
Operating lease right-of-use assets 27,070 0
Goodwill 197,796 196,963
Other intangible assets, net 126,696 136,604
Other assets, net 9,650 8,672
Total assets 896,434 872,686
Current liabilities:    
Current portion of long-term debt 10,001 10,172
Accounts payable 81,053 73,265
Accrued payroll and other compensation 15,985 16,621
Deferred revenue 3,446 6,990
Other accrued liabilities 21,382 14,298
Total current liabilities 131,867 121,346
Long-term debt 289,673 314,641
Long-term operating lease liabilities 22,006 0
Deferred tax liabilities 37,640 39,265
Benefit plan liabilities 22,849 22,795
Other long-term liabilities 5,294 5,364
Commitments and Contingencies (Note 16)
Stockholders’ equity:    
Preferred stock 0 0
Common stock 253 253
Capital in excess of par value 92,297 90,851
Retained earnings 408,086 411,325
Accumulated other comprehensive loss (23,007) (42,685)
Treasury stock, at cost (90,524) (90,469)
Total stockholders’ equity 387,105 369,275
Total liabilities and stockholders’ equity $ 896,434 $ 872,686