Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 35,183	$ 24,154
Accounts receivable, net	96,882	87,659
Contract with Customer, Asset, Net, Current	94,091	113,182
Inventories	207,607	172,383
Income tax refunds receivable	1,276	14,843
Other current assets	17,400	16,114
Total current assets	452,439	428,335
Accumulated depreciation	290,279	268,089
Property, plant and equipment, net of accumulated depreciation of $290,279 and $268,089, respectively	205,210	201,606
Operating Lease, Right-of-Use Asset	7,774	7,391
Goodwill	383,997	379,854
Other intangible assets, net	347,424	372,331
Deferred Tax Assets, Net	46,917	47,385
Other assets	54,894	51,207
Total assets	1,498,655	1,488,109
Long-term Debt, Current Maturities	199,128	0
Current liabilities:
Accounts payable – trade	51,862	48,277
Accrued salaries and wages	37,005	31,395
Contract with Customer, Liability, Current	12,284	4,081
Operating Lease, Liability, Current	3,492	3,332
Income taxes payable	707	393
Other current liabilities	38,322	39,097
Total current liabilities	342,800	126,575
Long-term debt, excluding current portion, net of debt issuance costs	358,000	561,061
Deferred Income Tax Liabilities, Net	8,082	6,079
Underfunded pension	42,268	52,309
Contract with Customer, Liability, Noncurrent	19,787	20,515
Operating Lease, Liability, Noncurrent	4,646	4,534
Other long-term liabilities	31,305	36,280
Commitments and contingencies (Note 19)
Preferred stock, shares outstanding (in shares)	0	0
Preferred stock, shares authorized (in shares)	200,000	200,000
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares issued (in shares)	30,954,296	30,640,068
Common stock, shares authorized (in shares)	50,000,000	50,000,000
Common stock, par value (in dollars per share)	$ 1	$ 1
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; 30,954,296 and 30,640,068 shares issued, respectively	30,954	30,640
Additional paid-in capital	254,727	245,436
Retained earnings	670,607	685,234
Accumulated other comprehensive income (loss)	$ (141,584)	$ (158,421)
Shares of common stock held in treasury at cost (in shares)	2,663,532	2,607,841
Less 2,663,532 and 2,607,841 shares of common stock, respectively, held in treasury, at cost	$ (122,937)	$ (122,133)
Total shareholders’ equity	691,767	680,756
Total liabilities and shareholders’ equity	$ 1,498,655	$ 1,488,109