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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 10,669 $ 8,163
Receivables 57,969 56,643
Inventories:    
Finished goods 20,732 28,548
Work in process 18,047 13,184
Raw materials 43,658 36,864
Total inventories 82,437 78,596
Prepaid expenses and other current assets 5,672 5,926
Total current assets 156,747 149,328
Property, plant and equipment, at cost 198,881 194,069
Less accumulated depreciation (108,722) (103,149)
Net property, plant and equipment 90,159 90,920
Intangible assets, at cost less accumulated amortization 52,810 57,348
Other assets 7,988 8,485
Deferred income taxes 1,445 1,421
Goodwill 47,978 47,978
Total assets 357,127 355,480
Current liabilities:    
Short-term debt 49,730 71,360
Payables 19,296 19,155
Accrued compensation and employee benefits 12,802 9,663
Warranty and after-sale costs 3,219 3,133
Income and other taxes 2,608 1,233
Total current liabilities 87,655 104,544
Other long-term liabilities 3,826 4,809
Deferred income taxes 880 774
Accrued non-pension postretirement benefits 5,942 5,709
Other accrued employee benefits 6,315 7,369
Commitments and contingencies (Note 6)
Shareholders’ equity:    
Common stock 37,120 41,102
Capital in excess of par value 27,378 31,627
Reinvested earnings 221,099 204,044
Accumulated other comprehensive loss (11,795) (12,780)
Less: Employee benefit stock (728) (768)
Treasury stock, at cost (20,565) (30,950)
Total shareholders’ equity 252,509 232,275
Total liabilities and shareholders’ equity $ 357,127 $ 355,480