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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS:    
Cash and cash equivalents $ 11,222 $ 27,034
Marketable securities 144,252 84,457
Accounts receivable 67,089 69,101
Less allowance for doubtful accounts 1,869 1,816
Accounts receivable, net 65,220 67,285
Inventories:    
Finished goods 27,242 25,200
Work in process 72,219 66,528
Raw materials and supplies 4,978 3,675
Total inventory 104,439 95,403
Assets held for sale 6,189 58,893
Other current assets 7,186 7,423
Total current assets 338,508 340,495
PROPERTY, PLANT AND EQUIPMENT:    
Land and land improvements 4,985 4,933
Buildings 47,412 47,012
Machinery and equipment 51,141 49,218
PROPERTY, PLANT AND EQUIPMENT 103,538 101,163
Less allowance for depreciation 58,370 51,688
PROPERTY, PLANT AND EQUIPMENT, NET 45,168 49,475
GOODWILL 11,485 11,485
INTANGIBLE ASSETS, net 3,330 4,961
NOTES RECEIVABLE 6,750 6,534
DEFERRED INCOME TAXES 995  
OTHER ASSETS 5,637 4,644
Total assets 411,873 417,594
CURRENT LIABILITIES:    
Accounts payable 28,445 39,584
Federal and state income taxes 3,750 6,273
Accrued liabilities 13,092 12,244
Liabilities held for sale 210 6,253
Total current liabilities 45,497 64,354
DEFERRED INCOME TAXES   3,004
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, $1 par value: Authorized: 12,000,000 shares at December 31, 2017 and 2016; Issued: 7,440,518 shares at December 31, 2017 and 2016; Outstanding: 6,968,120 and 6,950,786 shares at December 31, 2017 and 2016, respectively 7,441 7,441
Paid-in capital 9,074 7,913
Retained earnings 364,757 350,203
Accumulated other comprehensive loss (86) (47)
Stockholders' equity before treasury stock 381,186 365,510
Less treasury stock, at cost, 472,398 and 489,732 shares at December 31, 2017 and 2016, respectively 14,810 15,274
Total stockholders' equity 366,376 350,236
Total liabilities and stockholders' equity $ 411,873 $ 417,594