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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets  
Cash and cash equivalents$ 25,901$ 36,716
Accounts receivable, less allowances of $3,145 and $3,848168,261128,365
Inventories, principally on last-in, first-out basis (replacement cost higher by $133,913 and $122,340)188,417130,917
Prepaid expenses and other current assets8,9316,832
Income tax receivable2,0898,192
Total current assets393,599311,022
Investment in joint venture34,56327,879
Goodwill50,07750,110
Intangible assets36,46741,427
Prepaid pension cost20,35718,580
Other assets3,5263,619
Property, plant and equipment  
Land5,1935,195
Building52,21852,277
Machinery and equipment165,966182,178
Property, plant and equipment, at cost223,377239,650
Less - accumulated depreciation(148,542)(162,935)
Property, plant and equipment, net74,83576,715
Total assets613,424529,352
Current liabilities  
Accounts payable112,42371,764
Accrued liabilities28,53031,320
Income taxes payable3,6372,357
Deferred income taxes2,7152,461
Current portion of long-term debt7,8718,012
Short-term debt33,4000
Total current liabilities188,576115,914
Long-term debt, less current portion62,58361,127
Deferred income taxes24,34426,754
Other non-current liabilities3,7783,390
Pension and post retirement benefit obligations9,0448,708
Commitments and contingencies  
Stockholders' equity  
Preferred stock, $0.01 par value - 10,000 shares authorized; no shares issued and outstanding at September 30, 2011 and December 31, 2010  
Common stock, $0.01 par value - 30,000 shares authorized; 23,159 shares issued and 23,035 outstanding at September 30, 2011 and 23,149 shares issued and 22,986 outstanding at December 31, 2010232231
Additional paid-in capital183,293180,519
Retained earnings160,950150,747
Accumulated other comprehensive loss(17,803)(15,812)
Treasury stock, at cost - 124 shares at September 30, 2011 and 163 shares at December 31, 2010(1,573)(2,226)
Total stockholders' equity325,099313,459
Total liabilities and stockholders' equity$ 613,424$ 529,352