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Consolidated Statements of Financial Position (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current Assets    
Cash $ 3,948 $ 6,801
Accounts receivable-less allowances of $3,255 and $3,863, respectively 115,508 105,830
Inventories    
Finished and in-process products 72,899 67,721
Raw materials and supplies 34,603 27,496
Inventory net 107,502 95,217
Prepaid expenses 9,033 5,415
Deferred income taxes 3,605 5,189
Total Current Assets 239,596 218,452
Other Assets    
Goodwill 61,056 44,666
Patents and other intangible assets 25,839 17,267
Other 7,882 7,438
Total other non current assets 94,777 69,371
Property, Plant and Equipment, at Cost    
Land 4,438 4,540
Buildings and leasehold improvements 57,058 58,299
Machinery and equipment 445,789 412,704
Property, Plant and Equipment, at cost 507,285 475,543
Less allowances for depreciation and amortization (356,802) (334,609)
Property, plant and equipment, net 150,483 140,934
Total Assets 484,856 428,757
Current Liabilities    
Accounts payable 72,417 64,717
Accrued expenses    
Employee compensation 18,885 20,566
Income taxes 1,090 3,379
Taxes, other than income taxes 2,606 2,729
Accrued interest 240 161
Other 19,239 18,799
Current portion of long-term debt 0 305
Total Current Liabilities 114,477 110,656
Long-term debt, less current portion 92,814 73,725
Other liabilities 17,865 14,343
Deferred income taxes 29,678 23,893
Shareholders’ Equity    
Serial Preferred Shares (authorized 1,000,000 shares; none issued and outstanding) 0 0
Common Shares, without par value (authorized 60,000,000 shares; outstanding 33,480,189 and 33,420,488; net of treasury shares of 4,356,160 and 4,492,169, respectively) 20,316 20,312
Additional paid-in capital 266,419 265,000
Accumulated other comprehensive income 10,643 7,294
Retained deficit (67,356) (86,466)
Total Shareholders’ Equity 230,022 206,140
Total Liabilities and Shareholders’ Equity $ 484,856 $ 428,757