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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash $ 7,888 $ 7,344
Restricted cash 8,635 8,627
Accounts receivable, less allowances of $1,563 and $559, respectively 73,818 77,633
Inventories    
Finished and in-process products 31,826 39,840
Raw materials and supplies 14,197 14,898
Inventory net 46,023 54,738
Prepaid expenses and other assets 4,787 5,966
Total Current Assets 141,151 154,308
Other Assets    
Goodwill 59,219 64,035
Intangible assets, net 47,994 58,530
Deferred income taxes 216 840
Notes receivable 18,275 17,981
Other 3,347 2,324
Total other non current assets 129,051 143,710
Property, Plant and Equipment, at Cost    
Land 8,916 7,960
Buildings and leasehold improvements 65,566 62,519
Machinery and equipment 319,606 345,277
Property, Plant and Equipment, at cost 394,088 415,756
Less allowances for depreciation and amortization (282,606) (284,983)
Property, plant and equipment, net 111,482 130,773
Total Assets 381,684 428,791
Current Liabilities    
Accounts payable 48,988 71,310
Accrued expenses    
Employee compensation 11,861 17,832
Taxes, other than income taxes 2,178 1,733
Accrued interest 3,202 2,709
Other 13,083 23,228
Total Current Liabilities 79,312 116,812
Long-term debt 189,522 191,881
Other liabilities 9,235 12,354
Deferred income taxes 10,582 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 30,019,561 and 29,521,566; net of treasury shares of 7,932,896 and 8,430,891, respectively) 18,234 17,895
Additional paid-in capital 202,033 196,743
Accumulated other comprehensive loss (34,174) (39,110)
Retained deficit (93,060) (77,825)
Total Shareholders’ Equity 93,033 97,703
Total Liabilities and Shareholders’ Equity $ 381,684 $ 428,791