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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 90,111 $ 78,889
Receivables, less allowance for doubtful accounts of $549 in 2013 and $519 in 2012 45,434 54,394
Inventories 70,636 70,669
Insurance receivables - asbestos 16,000 18,400
Other current assets 11,926 15,230
Total current assets 234,107 237,582
Property, plant and equipment, net 149,241 150,297
Insurance receivables - asbestos 89,358 99,715
Deferred income tax assets 25,965 25,800
Investments in joint ventures 12,525 13,319
Other noncurrent assets 6,978 6,466
Total Assets 518,174 533,179
Current liabilities:    
Accounts payable 15,299 15,839
Accrued payrolls and employee benefits 8,654 9,301
Industrial Revenue Bond debt 13,311 13,311
Asbestos liability - current portion 21,000 23,500
Other current liabilities 22,646 24,473
Total current liabilities 80,910 86,424
Employee benefit obligations 96,407 96,100
Asbestos liability 149,568 157,522
Other noncurrent liabilities 1,190 1,040
Total liabilities 328,075 341,086
Commitments and contingent liabilities (Note 6)      
Shareholders' equity:    
Common stock - par value $1; authorized 20,000 shares; issued and outstanding 10,363 shares in 2013 and 10,346 shares in 2012 10,363 10,346
Additional paid-in capital 125,120 124,464
Retained earnings 137,162 139,658
Accumulated other comprehensive loss (82,546) (82,375)
Total shareholders' equity 190,099 192,093
Total Liabilities and Shareholders' Equity $ 518,174 $ 533,179