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Consolidated Condensed Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash $ 10,366 $ 7,263
Receivables 58,012 50,133
Inventories:    
Finished goods 19,503 17,704
Work in process 13,996 12,330
Raw materials 30,704 30,905
Total inventories 64,203 60,939
Prepaid expenses and other current assets 4,373 3,994
Deferred income taxes 4,919 4,834
Total current assets 141,873 127,163
Property, plant and equipment, at cost 171,432 164,138
Less accumulated depreciation (93,712) (87,722)
Net property, plant and equipment 77,720 76,416
Intangible assets, at cost less accumulated amortization 53,401 57,317
Prepaid pension 4,959 4,312
Other assets 8,019 6,155
Goodwill 44,695 44,695
Total assets 330,667 316,058
Current liabilities:    
Short-term debt 61,664 70,045
Payables 18,712 18,554
Accrued compensation and employee benefits 10,776 7,337
Warranty and after-sale costs 1,140 882
Income and other taxes 2,858 1,223
Total current liabilities 95,150 98,041
Other long-term liabilities 1,343 1,324
Deferred income taxes 9,730 9,790
Accrued non-pension postretirement benefits 5,923 5,934
Other accrued employee benefits 4,329 4,406
Commitments and contingencies (Note 6)      
Shareholders’ equity:    
Common stock 20,520 20,504
Capital in excess of par value 47,537 45,627
Reinvested earnings 186,099 170,318
Accumulated other comprehensive loss (7,825) (7,524)
Less: Employee benefit stock (995) (1,075)
Treasury stock, at cost (31,144) (31,287)
Total shareholders’ equity 214,192 196,563
Total liabilities and shareholders’ equity $ 330,667 $ 316,058