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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 31,358 $ 140,800
Accounts receivable, net 102,477 73,524
Contract assets 117,828 112,354
Contract costs, current portion 822 850
Inventories 221,815 193,100
Income tax refunds receivable 15,865 13,832
Other current assets 15,749 12,083
Total current assets 505,914 546,543
Property, plant and equipment, net of accumulated depreciation of $260,640 and $251,888, respectively 198,866 197,822
Operating Lease, Right-of-Use Asset 7,523 11,011
Goodwill 390,734 240,681
Other intangible assets, net 385,478 138,074
Deferred income taxes 15,711 15,717
Contract costs, noncurrent portion 9,865 10,249
Equity Method Investments 10,000  
Other assets 40,443 38,385
Total assets 1,564,534 1,198,482
Current liabilities:    
Accounts payable – trade 37,267 42,134
Accrued salaries and wages 31,952 38,892
Contract liabilities, current portion 3,932 2,945
Operating Lease, Liability, Current 3,633 4,502
Income taxes payable 183 386
Other current liabilities 38,404 32,076
Total current liabilities 115,371 120,935
Long-term debt, excluding current portion, net of debt issuance costs 609,800 189,421
Deferred income taxes 6,194 6,506
Underfunded pension 5,574 21,786
Contract liabilities, noncurrent portion 20,477 16,528
Operating Lease, Liability, Noncurrent 4,569 7,140
Other Liabilities, Noncurrent 35,940 39,837
Commitments and contingencies (Note 15)
Shareholders' equity:    
Preferred stock, $1 par value, 200,000 shares authorized; none outstanding 0 0
Common stock, $1 par value, 50,000,000 shares authorized; voting; 30,620,003 and 30,434,269 shares issued, respectively 30,620 30,434
Additional paid-in capital 243,330 248,153
Retained earnings 749,007 750,445
Accumulated other comprehensive income (loss) (134,256) (111,385)
Less 2,604,564 and 2,573,896 shares of common stock, respectively, held in treasury, at cost (122,092) (121,318)
Total shareholders’ equity 766,609 796,329
Total liabilities and shareholders’ equity 1,564,534 1,198,482
Equity Method Investments 10,000  
Near Earth Autonomy    
Current assets:    
Equity Method Investments 10,000 0
Equity Method Investments $ 10,000 $ 0