Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash	$ 13,532	$ 11,164
Receivables	63,372	58,210
Inventories:
Finished goods	22,668	23,125
Work in process	19,012	22,035
Raw materials	43,448	40,012
Total inventories	85,128	85,172
Prepaid expenses and other current assets	4,728	4,077
Total current assets	166,760	158,623
Property, plant and equipment, at cost	215,512	212,485
Less accumulated depreciation	(121,979)	(118,884)
Net property, plant and equipment	93,533	93,601
Intangible assets, at cost less accumulated amortization	57,468	59,326
Other assets	9,226	9,897
Deferred income taxes	855	2,856
Goodwill	67,424	67,424
Total assets	395,266	391,727
Current liabilities:
Short-term debt	48,170	44,550
Payables and other current liabilities	24,300	28,601
Accrued compensation and employee benefits	9,375	15,509
Warranty and after-sale costs	3,702	3,367
Income and other taxes	3,003	1,082
Total current liabilities	88,550	93,109
Other long-term liabilities	11,324	4,073
Deferred income taxes	1,546	3,434
Accrued non-pension postretirement benefits	5,834	5,703
Other accrued employee benefits	7,290	7,956
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	37,177	37,165
Capital in excess of par value	32,870	32,182
Reinvested earnings	247,866	244,224
Accumulated other comprehensive loss	(10,411)	(10,893)
Less: Employee benefit stock	(461)	(460)
Treasury stock, at cost	(26,319)	(24,766)
Total shareholders’ equity	280,722	277,452
Total liabilities and shareholders’ equity	$ 395,266	$ 391,727