INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2012

INCOME TAXES

Schedule of income before income tax expense

	2012		2011		2010
	(in thousands)
U.S. operations	$	59,478	$	67,379	$	32,123
Foreign operations		18,858		21,447		8,724
Total	$	78,336	$	88,826	$	40,847

Schedule of income tax expense

	2012		2011			2010
	(in thousands)
Current:
Federal	$	16,766	$	16,794		$	1,488
State		3,240		3,561			1,426
Foreign		3,936		7,900			2,834
Total current:		23,942		28,255			5,748
Deferred
Federal	$	2,934	$	4,087		$	7,044
State		608		695			420
Foreign		851		(2,222	)		(389	)
Total deferred		4,393		2,560			7,075
Income tax expense	$	28,335	$	30,815		$	12,823

Schedule of tax effects of temporary differences that give rise to the deferred tax assets and liabilities

	December 31, 2012			December 31, 2011
	(in thousands)
Deferred tax assets
Accounts receivable, principally due to allowance for doubtful accounts	$	1,986		$	1,514
Inventories		3,340			2,762
Net operating loss carryforwards		8,433			8,888
Accrued pension		31,544			26,924
Stock-based compensation		4,966			7,343
Compensation-related accruals		3,209			3,103
Warranty		2,781			3,459
Obligation for postretirement benefits other than pension		4,187			4,467
Accrued liabilities and other items		4,755			4,037
Gross deferred tax assets		65,201			62,497
Valuation allowance		(7,798	)		(7,385	)
Net deferred tax assets		57,403			55,112
Deferred tax liabilities:
Intangibles		84,518			82,841
Plant and equipment		11,206			11,361
Gross deferred tax liabilities		95,724			94,202
Net deferred tax liabilities	$	(38,321	)	$	(39,090	)

Schedule of reconciliation of statutory federal income tax rate to the effective income tax rate

	2012			2011			2010
Federal statutory tax rate		35.0	%		35.0	%		35.0	%
Increase (decrease) in the tax rate resulting from:
State taxes, net of federal effect		3.2			3.0			2.1
Effect of tax rates of other countries		(0.5	)		(2.2	)		(0.7	)
Foreign Tax Credit-Amended Returns		—			—			(6.9	)
Section 199 deduction		(1.5	)		(1.7	)		(0.4	)
Change in Contingency Reserve		(1.9	)		—			—
Other		1.9			0.6			2.3
Effective tax rate		36.2	%		34.7	%		31.4	%

Summarizes the activity related to the entity's unrecognized tax benefits

	2012			2011			2010
	(in thousands)
Balance, beginning of the year	$	2,044		$	1,953		$	1,821
Additions for tax position related to the current year		125			189			112
Additions for tax position related to the prior year		191			—			69
Decreases for tax position related to the prior year		(1,102	)		—			(46	)
Prior year reductions
Settlements with taxing authorities		—			—			(47	)
Lapse of statute of limitations		(106	)		(137	)		(119	)
Change in exchange rate		—			39			163
Balance, end of the year	$	1,152		$	2,044		$	1,953