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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current Assets    
Cash $ 7,344 $ 4,676
Restricted cash 8,627 0
Accounts receivable-less allowances of $559 and $782, respectively 77,633 90,664
Inventories    
Finished and in-process products 39,840 40,122
Raw materials and supplies 14,898 23,216
Inventory net 54,738 63,338
Prepaid expenses and other assets 5,966 6,591
Deferred income taxes 0 2,397
Assets held for sale - current 0 117,775
Total Current Assets 154,308 285,441
Other Assets    
Goodwill 64,035 66,639
Intangible assets, net 58,530 72,235
Deferred income taxes 840 545
Notes receivable 17,981 0
Other 3,449 3,207
Total other non current assets 144,835 142,626
Property, Plant and Equipment, at Cost    
Land 7,960 8,405
Buildings and leasehold improvements 62,519 57,537
Machinery and equipment 345,277 335,963
Property, Plant and Equipment, at cost 415,756 401,905
Less allowances for depreciation and amortization (284,983) (265,139)
Property, plant and equipment, net 130,773 136,766
Total Assets 429,916 564,833
Current Liabilities    
Accounts payable 71,310 77,320
Accrued expenses    
Employee compensation 17,832 14,967
Income taxes 0 3,086
Taxes, other than income taxes 1,733 1,940
Accrued interest 2,709 3,207
Liabilities held for sale 0 27,122
Other 23,228 26,172
Total Current Liabilities 116,812 153,814
Long-term debt 193,006 236,429
Other liabilities 12,354 13,738
Deferred income taxes 10,041 14,281
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 29,521,566 and 31,162,962; net of treasury shares of 8,430,891 and 6,604,175, respectively) 17,895 18,855
Additional paid-in capital 196,743 218,394
Accumulated other comprehensive loss (39,110) (11,688)
Retained deficit (77,825) (78,990)
Total Shareholders’ Equity 97,703 146,571
Total Liabilities and Shareholders’ Equity $ 429,916 $ 564,833