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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 30,829 $ 21,607
Accounts receivable, less allowances of $3,463 and $3,529 128,544 138,311
Inventories, principally on last-in first-out basis (replacement cost higher by $130,854 and $139,940) 214,900 303,772
Prepaid expenses and other current assets 9,927 11,369
Deferred Tax Assets, Net, Current 3,242 3,723
Income tax receivable 3,249 7,596
Total current assets 390,691 486,378
Investment in joint venture 41,879 38,854
Goodwill 69,289 70,300
Intangible assets 69,489 82,477
Prepaid pension cost 16,515 12,891
Other assets 15,265 18,266
Property, plant and equipment, at cost    
Land 4,917 5,195
Building 53,252 52,884
Machinery and equipment 179,632 178,664
Property, plant and equipment, at cost 237,801 236,743
Less—accumulated depreciation (161,107) (157,103)
Property, plant and equipment, net 76,694 79,640
Total assets 679,822 788,806
Current liabilities    
Accounts payable 69,577 67,990
Employee-related Liabilities, Current 9,853 11,749
Accrued liabilities 20,154 24,815
Income taxes payable 1,360 1,563
Current portion of long-term debt 397 415
Total short-term debt 0 500
Total current liabilities 101,341 107,032
Long-term debt, less current portion 245,599 296,154
Deferred income taxes 10,733 32,350
Other non-current liabilities 5,646 5,279
Pension and post retirement benefit obligations 6,609 10,651
Commitments and contingencies      
Stockholders’ equity    
Preferred stock, $0.01 par value—9,988 shares authorized (including 400 Series B Junior Preferred $0.00 par value shares); no shares issued and outstanding at December 31, 2013 and December 31, 2012 0 0
Common stock, $0.01 par value—60,000 shares authorized and 23,471 shares issued and 23,409 outstanding at December 31, 2013 and 23,211 shares issued and 23,152 outstanding at December 31, 2012 234 232
Additional paid-in capital 223,893 219,619
Retained earnings 105,277 139,239
Accumulated other comprehensive loss (18,743) (21,071)
Treasury stock, at cost—62 shares at December 31, 2013 and 59 shares at December 31, 2012 (767) (679)
Total stockholders’ equity 309,894 337,340
Total liabilities and stockholders’ equity $ 679,822 $ 788,806