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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 112,350 $ 115,283
Accounts receivable, net 235,084 246,688
Contract assets, net 87,102 166,557
Inventories 121,589 145,845
Income taxes prepaid and receivable 43,937 19,187
Prepaid expenses and other current assets 34,990 37,132
Assets held for sale 293,783 0
Total current assets 928,835 730,692
Property, plant and equipment, net 482,568 563,431
Intangibles, net 21,428 38,127
Goodwill 162,507 176,261
Deferred income taxes 68,499 28,757
Other assets 54,872 111,428
Total assets 1,718,709 1,648,696
Current liabilities:    
Accounts payable 64,499 66,095
Accrued liabilities 139,385 141,904
Income taxes payable 35,090 18,367
Liabilities held for sale 203,323 0
Total current liabilities 442,297 226,366
Long-term debt 455,663 318,531
Other noncurrent liabilities 86,850 138,830
Deferred taxes and other liabilities 1,797 16,022
Total liabilities 986,607 699,749
Commitments and Contingencies (Note 21)
Shareholders’ Equity:    
Preferred stock, par value $5.00 per share; authorized 2,000,000 shares; none issued 0 0
Additional paid-in capital 460,472 452,933
Retained earnings 976,373 1,065,763
Accumulated items of other comprehensive income:    
Translation adjustments (119,008) (181,555)
Pension and postretirement liability adjustments (23,911) (14,328)
Derivative valuation adjustment (619) (106)
Treasury stock (Class A), at cost; 12,685,782 shares in 2025 and 9,844,746 in 2024 (567,139) (379,210)
Total Company shareholders’ equity 726,209 943,538
Noncontrolling interest 5,893 5,409
Total shareholders' equity 732,102 948,947
Total liabilities and shareholders’ equity 1,718,709 1,648,696
Common Class A    
Shareholders’ Equity:    
Class A Common Stock, par value $0.001 per share; authorized 100,000,000 shares; issued 40,989,106 in 2025 and 40,917,539 in 2024 $ 41 $ 41