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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 24,079 $ 37,984
Receivables (net of allowance of $1,459 and $1,416) 114,950 108,056
Revenue recognized in excess of billings on uncompleted contracts 11,514 6,998
Inventories 138,213 125,115
Other current assets 20,032 13,437
Total current assets 308,788 291,590
Property, plant and equipment, net 385,367 366,442
Intangibles, net 42,615 40,543
Goodwill 72,518 66,316
Deferred income taxes 8,997 7,957
Other assets 2,331 2,370
Total assets 820,616 775,218
Current liabilities:    
Accounts payable and accrued liabilities 83,001 74,493
Billings in excess of revenue recognized on uncompleted contracts 4,299 4,063
Payroll and benefits payable 12,592 15,458
Accrued income taxes 2,589 1,641
Current portion of long-term debt 5,000 5,000
Total current liabilities 107,481 100,655
Long-term debt 241,367 220,000
Deferred income taxes 23,601 25,624
Accrued pension and other liabilities 52,189 47,796
Total liabilities 424,638 394,075
Commitments and contingencies (Note 11)
Stockholders' equity:    
Common stock, $.01 par value, 100,000,000 shares authorized, 61,713,754 and 61,531,025 shares issued 617 615
Additional paid-in capital 188,228 185,791
Retained earnings 403,821 402,286
Treasury stock, at cost, 10,803,922 and 10,781,001 shares (154,304) (153,950)
Accumulated other comprehensive loss (42,384) (53,599)
Total stockholders' equity 395,978 381,143
Total liabilities and stockholders' equity $ 820,616 $ 775,218