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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash $ 4,975 $ 3,089
Receivables 41,168 40,429
Inventories:    
Finished goods 13,476 9,800
Work in process 11,377 15,284
Raw materials 24,583 23,232
Total inventories 49,436 48,316
Prepaid expenses and other current assets 2,266 2,381
Deferred income taxes 3,350 3,122
Total current assets 101,195 97,337
Property, plant and equipment, at cost:    
Land and improvements 8,011 7,874
Buildings and improvements 49,840 48,014
Machinery and equipment 87,077 88,066
Total property and equipment 144,928 143,954
Less accumulated depreciation (78,826) (77,866)
Net property, plant and equipment 66,102 66,088
Intangible assets, at cost less accumulated amortization 33,680 34,170
Other assets 6,259 7,449
Deferred income taxes 2,309 1,658
Goodwill 9,365 9,162
Total assets 218,910 215,864
Current liabilities:    
Short-term debt 1,790 12,878
Payables 11,365 11,159
Accrued compensation and employee benefits 6,734 7,143
Warranty and after-sale costs 1,593 889
Income and other taxes 931 610
Total current liabilities 22,413 32,679
Other long-term liabilities 1,078 2,472
Accrued non-pension postretirement benefits 6,103 5,972
Other accrued employee benefits 10,035 6,358
Commitments and contingencies (Note 6)      
Shareholders' equity:    
Common Stock, $1 par; authorized 40,000,000 shares; issued 21,292,030 shares in 2011 and 21,258,850 shares in 2010 21,292 21,259
Capital in excess of par value 39,445 37,582
Reinvested earnings 166,271 156,101
Accumulated other comprehensive loss (14,566) (13,137)
Less: Employee benefit stock (1,485) (1,536)
Treasury stock, at cost; 6,169,329 shares in 2011 and 6,210,361 shares in 2010 (31,676) (31,886)
Total shareholders' equity 179,281 168,383
Total liabilities and shareholders' equity $ 218,910 $ 215,864