Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 226,212	$ 191,782
Receivables	106,229	83,507
Inventories:
Finished goods	38,867	34,764
Work in process	39,315	41,261
Raw materials	83,084	77,649
Total inventories	161,266	153,674
Prepaid expenses and other current assets	15,510	13,214
Total current assets	509,217	442,177
Property, plant and equipment, at cost	229,409	225,988
Less accumulated depreciation	(156,955)	(152,110)
Net property, plant and equipment	72,454	73,878
Intangible assets, at cost less accumulated amortization	50,178	53,737
Other assets	13,350	11,249
Deferred income taxes	22,706	22,715
Goodwill	113,355	113,163
Total assets	781,260	716,919
Current liabilities:
Payables	96,011	81,807
Accrued compensation and employee benefits	21,768	29,871
Warranty and after-sale costs	13,849	11,102
Other current liabilities	6,491	9,168
Total current liabilities	138,119	131,948
Long-term deferred revenue	59,449	49,763
Deferred income taxes	4,838	5,061
Accrued non-pension postretirement benefits	3,798	3,614
Other accrued employee benefits	6,016	5,293
Other long-term liabilities	5,902	4,758
Commitments and contingencies (Note 5)
Shareholders’ equity:
Common stock, $1 par, authorized 80,000,000, issued 37,221,098 at June 30, 2024 and December 31, 2023	37,221	37,221
Capital in excess of par value	62,915	59,185
Reinvested earnings	505,040	458,719
Accumulated other comprehensive loss	(5,343)	(1,646)
Less: Treasury stock, at cost, 7,809,378 shares at June 30, 2024 and 7,873,781 shares at December 31, 2023	(36,695)	(36,997)
Total shareholders’ equity	563,138	516,482
Total liabilities and shareholders’ equity	$ 781,260	$ 716,919