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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 82,165 $ 78,889
Receivables, less allowance for doubtful accounts of $530 in 2013 and $519 in 2012 49,215 54,394
Inventories 70,616 70,669
Insurance receivables - asbestos 20,000 18,400
Other current assets 13,317 15,230
Total current assets 235,313 237,582
Property, plant and equipment, net 149,991 150,297
Insurance receivables - asbestos 89,683 99,715
Deferred income tax assets 26,143 25,800
Investments in joint ventures 12,764 13,319
Other noncurrent assets 6,904 6,466
Total Assets 520,798 533,179
Current liabilities:    
Accounts payable 16,322 15,839
Accrued payrolls and employee benefits 8,121 9,301
Industrial Revenue Bond debt 13,311 13,311
Asbestos liability - current portion 26,000 23,500
Other current liabilities 22,583 24,473
Total current liabilities 86,337 86,424
Employee benefit obligations 95,704 96,100
Asbestos liability 148,464 157,522
Other noncurrent liabilities 1,142 1,040
Total liabilities 331,647 341,086
Commitments and contingent liabilities (Note 6)      
Shareholders' equity:    
Common stock - par value $1; authorized 20,000 shares; issued and outstanding 10,346 shares in 2013 and 2012 10,346 10,346
Additional paid-in capital 124,710 124,464
Retained earnings 137,922 139,658
Accumulated other comprehensive loss (83,827) (82,375)
Total shareholders' equity 189,151 192,093
Total Liabilities and Shareholders' Equity $ 520,798 $ 533,179