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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets    
Cash $ 5,538 $ 7,344
Restricted cash 8,627 8,627
Accounts receivable, less allowances of $926 and $559, respectively 77,517 77,633
Inventories    
Finished and in-process products 34,314 39,840
Raw materials and supplies 14,270 14,898
Inventory net 48,584 54,738
Prepaid expenses and other assets 5,396 5,966
Total Current Assets 145,662 154,308
Other Assets    
Goodwill 59,459 64,035
Intangible assets, net 50,555 58,530
Deferred income taxes 103 840
Notes receivable 18,204 17,981
Other 3,087 2,324
Total other non current assets 131,408 143,710
Property, Plant and Equipment, at Cost    
Land 8,614 7,960
Buildings and leasehold improvements 63,672 62,519
Machinery and equipment 331,589 345,277
Property, Plant and Equipment, at cost 403,875 415,756
Less allowances for depreciation and amortization (285,590) (284,983)
Property, plant and equipment, net 118,285 130,773
Total Assets 395,355 428,791
Current Liabilities    
Accounts payable 51,025 71,310
Accrued expenses    
Employee compensation 11,435 17,832
Taxes, other than income taxes 2,069 1,733
Accrued interest 1,965 2,709
Other 13,651 23,228
Total Current Liabilities 80,145 116,812
Long-term debt 197,930 191,881
Other liabilities 9,372 12,354
Deferred income taxes 9,133 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 29,919,381 and 29,521,566; net of treasury shares of 8,033,076 and 8,430,891, respectively) 18,163 17,895
Additional paid-in capital 201,219 196,743
Accumulated other comprehensive loss (33,101) (39,110)
Retained deficit (87,506) (77,825)
Total Shareholders’ Equity 98,775 97,703
Total Liabilities and Shareholders’ Equity $ 395,355 $ 428,791