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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current Assets    
Cash $ 6,499 $ 7,344
Restricted cash 8,627 8,627
Accounts receivable, less allowances of $693 and $559, respectively 77,677 77,633
Inventories    
Finished and in-process products 40,711 39,840
Raw materials and supplies 14,987 14,898
Inventory net 55,698 54,738
Prepaid expenses and other assets 3,474 5,966
Total Current Assets 151,975 154,308
Other Assets    
Goodwill 59,613 64,035
Intangible assets, net 53,063 58,530
Deferred income taxes 103 840
Notes receivable 18,133 17,981
Other 3,062 2,324
Total other non current assets 133,974 143,710
Property, Plant and Equipment, at Cost    
Land 8,685 7,960
Buildings and leasehold improvements 63,546 62,519
Machinery and equipment 334,504 345,277
Property, Plant and Equipment, at cost 406,735 415,756
Less allowances for depreciation and amortization (282,380) (284,983)
Property, plant and equipment, net 124,355 130,773
Total Assets 410,304 428,791
Current Liabilities    
Accounts payable 41,266 71,310
Accrued expenses    
Employee compensation 14,013 17,832
Taxes, other than income taxes 2,025 1,733
Accrued interest 3,018 2,709
Other 12,795 23,228
Total Current Liabilities 73,117 116,812
Long-term debt 217,440 191,881
Other liabilities 9,401 12,354
Deferred income taxes 9,476 10,041
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 29,674,999 and 29,521,566; net of treasury shares of 8,277,458 and 8,430,891, respectively) 18,000 17,895
Additional paid-in capital 198,979 196,743
Accumulated other comprehensive loss (32,278) (39,110)
Retained deficit (83,831) (77,825)
Total Shareholders’ Equity 100,870 97,703
Total Liabilities and Shareholders’ Equity $ 410,304 $ 428,791