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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 48,919 $ 49,237
Accounts receivable, less allowances (2019 - $1,850; 2018 - $1,440) 133,821 144,938
Contract assets 26,804 23,040
Inventories 88,189 84,465
Taxes receivable 2,354 2,912
Prepaid expenses 4,987 4,707
Other current assets 7,743 7,779
Total current assets 312,817 317,078
Property, plant and equipment, at cost 475,395 458,075
Accumulated depreciation (258,733) (244,706)
Net, property, plant and equipment 216,662 213,369
Operating lease right-of-use assets 24,148 0
Goodwill 195,613 196,963
Other intangible assets, net 120,644 136,604
Other assets, net 9,003 8,672
Total assets 878,887 872,686
Current liabilities:    
Current portion of long-term debt 9,981 10,172
Accounts payable 84,506 73,265
Accrued payroll and other compensation 17,605 16,621
Deferred revenue 2,630 6,990
Other accrued liabilities 26,072 14,298
Total current liabilities 140,794 121,346
Long-term debt 276,689 314,641
Long-term operating lease liabilities 19,241 0
Deferred tax liabilities 36,125 39,265
Benefit plan liabilities 19,827 22,795
Other long-term liabilities 4,540 5,364
Commitments and Contingencies (Note 16)
Stockholders’ equity:    
Preferred stock 0 0
Common stock 252 253
Capital in excess of par value 92,720 90,851
Retained earnings 411,090 411,325
Accumulated other comprehensive loss (31,860) (42,685)
Treasury stock, at cost (90,531) (90,469)
Total stockholders’ equity 381,671 369,275
Total liabilities and stockholders’ equity $ 878,887 $ 872,686