Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 226,016	$ 295,305
Receivables, net of allowance for doubtful accounts	112,356	84,325
Inventories:
Finished goods	23,087	24,022
Work in process	29,244	36,705
Raw materials	99,604	82,681
Total inventories	151,935	143,408
Prepaid expenses and other current assets	16,770	17,078
Total current assets	507,077	540,116
Property, plant and equipment, at cost:
Land and improvements	9,544	9,237
Building and improvements	74,956	71,526
Machinery and equipment	163,950	152,440
Property, plant and equipment, at cost	248,450	233,203
Less accumulated depreciation	(168,814)	(158,943)
Net property, plant and equipment	79,636	74,260
Intangible assets, at cost less accumulated amortization	118,496	45,066
Other assets	18,653	12,676
Deferred income taxes	14,140	32,525
Goodwill	235,575	111,770
Total assets	973,577	816,413
Current liabilities:
Payables	72,299	55,659
Accrued compensation and employee benefits	37,619	34,912
Warranty and after-sale costs, current	8,466	7,283
Other current liabilities	32,332	20,351
Total current liabilities	150,716	118,205
Long-term deferred revenue	72,771	64,153
Deferred income taxes	3,477	3,652
Accrued non-pension postretirement benefits	2,499	3,033
Other accrued employee benefits	6,658	6,927
Warranty and after-sale costs, long-term	13,108	9,410
Other long-term liabilities	11,054	4,801
Commitments and contingencies (Note 6)
Total long-term liabilities	109,567	91,976
Shareholders’ equity:
Common stock, $1 par, authorized 80,000,000 shares, issued 37,221,098 shares in 2025 and 2024	37,221	37,221
Capital in excess of par value	75,290	65,819
Reinvested earnings	645,876	547,796
Accumulated other comprehensive loss	6,474	(7,906)
Less: Treasury stock, at cost, 7,834,360 shares in 2025 and 7,810,158 shares in 2024	(51,567)	(36,698)
Total shareholders’ equity	713,294	606,232
Total liabilities and shareholders’ equity	$ 973,577	$ 816,413