Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current Assets
Cash and cash equivalents	$ 18,451	$ 10,028
Short-term investments	74,082	95,453
Trade receivables, net	64,510	67,145
Gross inventories	113,166	149,417
Less LIFO reserve	(67,058)	(66,398)
Less excess and obsolescence reserve	(3,227)	(6,533)
Net inventories	42,881	76,486
Prepaid expenses and other current assets	11,680	9,245
Total Current Assets	211,604	258,357
Property, plant and equipment	506,799	477,622
Less allowances for depreciation	(426,702)	(406,373)
Net property, plant and equipment	80,097	71,249
Deferred income taxes	19,720	16,681
Other assets	30,576	37,747
Total Assets	341,997	384,034
Current Liabilities
Trade accounts payable and accrued expenses	34,122	35,750
Contract liabilities with customers (Note 3)
Product liability	964	431
Employee compensation and benefits	15,023	18,824
Workers’ compensation	4,638	5,804
Total Current Liabilities	54,747	60,809
Lease liability (Note 8)	1,158	1,747
Employee compensation	2,271	1,835
Product liability accrual	61	61
Contingent liabilities (Note 20)
Stockholders’ Equity
Additional paid-in capital	55,356	50,536
Retained earnings	422,045	436,609
Less: Treasury stock – at cost 2025 – 8,546,225 shares 2024 – 7,677,159 shares	(218,131)	(192,031)
Total Stockholders’ Equity	283,760	319,582
Total Liabilities and Stockholders’ Equity	341,997	384,034
Nonvoting Common Stock
Stockholders’ Equity
Common Stock, Value
Common Stock
Stockholders’ Equity
Common Stock, Value	$ 24,490	$ 24,468