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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 121,984 $ 96,045 [1]
Short-term investments 16,340 31,990 [1]
Accounts receivable, net 76,548 63,019 [1]
Inventories:    
Raw materials and purchased parts 26,470 23,037 [1]
Work in process 22,711 17,599 [1]
Finished goods 7,230 4,866 [1]
56,411 45,502 [1]
Other current assets 8,288 8,593 [1]
Total current assets 279,571 245,149 [1]
Property, plant and equipment, at cost:    
Land and land improvements 7,917 4,079 [1]
Buildings and building improvements 13,612 7,967 [1]
Machinery and equipment 45,292 35,157 [1]
66,821 47,203 [1]
Less accumulated depreciation and amortization (32,558) (28,969) [1]
Net property, plant and equipment 34,263 18,234 [1]
Goodwill 65,483 58,849 [1]
Intangible assets, net 17,766 17,835 [1]
Other assets 7,381 5,445 [1]
404,464 345,512 [1]
Current liabilities:    
Short-term borrowings 3,130 [1]
Current installments of long-term debt 1,300 [1]
Accounts payable 29,907 31,444 [1]
Accrued compensation and benefits 18,509 14,770 [1]
Accrued warranty 4,344 3,737 [1]
Deferred profit 6,721 6,886 [1]
Income taxes payable 2,725 1,920 [1]
Other accrued liabilities 10,526 9,932 [1]
Total current liabilities 77,162 68,689 [1]
Accrued retirement benefits 17,033 15,673 [1]
Noncurrent deferred gain on sale of facility 10,597 11,689 [1]
Deferred income taxes 7,132 5,852 [1]
Noncurrent income tax liabilities 6,600 6,375 [1]
Long-term debt, excluding current installments 4,853 [1]
Other accrued liabilities 2,290 1,765 [1]
Stockholders' equity:    
Preferred stock, $1 par value; 1,000 shares authorized, none issued [1]
Common stock, $1 par value; 60,000 shares authorized, 28,213 shares issued and outstanding in 2017 and 26,842 shares in 2016 28,213 26,842 [1]
Paid-in capital 123,064 111,950 [1]
Retained earnings 145,536 124,559 [1]
Accumulated other comprehensive loss (18,016) (27,882)
Total stockholders' equity 278,797 235,469 [1]
$ 404,464 $ 345,512 [1]
[1] Derived from December 31, 2016 audited financial statements