Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 34,032	$ 44,358
Accounts receivable, less allowances of $3,289 ($3,325 in 2017)	87,034	73,972
Inventories - net	82,402	77,886
Prepaids	6,756	3,434
Prepaid taxes	1,944	5,266
Other current assets	3,742	2,214
TOTAL CURRENT ASSETS	215,910	207,130
Property, plant and equipment - net	104,608	108,598
Intangibles - net	8,857	10,020
Goodwill	15,882	16,544
Deferred income taxes	7,830	7,774
Other assets	10,882	9,719
TOTAL ASSETS	363,969	359,785
LIABILITIES AND SHAREHOLDERS’ EQUITY
Trade accounts payable	29,749	25,141
Notes payable to banks	3,795	864
Current portion of long-term debt	1,448	1,448
Accrued compensation and amounts withheld from employees	14,347	11,461
Accrued expenses and other liabilities	13,047	14,686
Accrued profit-sharing and other benefits	6,055	6,284
Dividends payable	1,050	1,046
Income taxes payable	912	1,903
TOTAL CURRENT LIABILITIES	70,403	62,833
Long-term debt, less current portion	32,681	34,598
Unfunded pension obligation	4,919	10,664
Deferred income taxes	1,841	2,090
Other noncurrent liabilities	7,720	11,063
Shareholders’ equity:
Common shares - $2 par value per share, 15,000,000 shares authorized, 5,012,109 and 5,038,207 issued and outstanding, at September 30, 2018 and December 31, 2017, respectively	12,643	12,593
Common shares issued to rabbi trust, 269,630 and 289,026 shares at September 30, 2018 and December 31, 2017, respectively	(11,008)	(11,834)
Deferred compensation liability	11,008	11,834
Paid-in capital	33,284	29,734
Retained earnings	329,959	311,765
Treasury shares, at cost, 1,309,617 and 1,258,069 shares at September 30, 2018 and December 31, 2017, respectively	(72,242)	(68,115)
Accumulated other comprehensive loss	(57,239)	(47,440)
TOTAL SHAREHOLDERS’ EQUITY	246,405	238,537
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 363,969	$ 359,785