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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current Assets    
Cash $ 3,887 $ 4,676
Accounts receivable-less allowances of $631 and $782, respectively 98,503 90,664
Inventories    
Finished and in-process products 43,396 40,122
Raw materials and supplies 22,395 23,216
Inventory net 65,791 63,338
Prepaid expenses and other 5,529 6,591
Deferred income taxes 3,115 2,397
Assets held for sale 0 117,775
Total Current Assets 176,825 285,441
Other Assets    
Goodwill 62,553 66,639
Intangible assets, net 65,523 72,235
Deferred income taxes 497 545
Other 29,477 3,207
Total other non current assets 158,050 142,626
Property, Plant and Equipment, at Cost    
Land 8,058 8,405
Buildings and leasehold improvements 59,023 57,537
Machinery and equipment 335,403 335,963
Property, Plant and Equipment, at cost 402,484 401,905
Less allowances for depreciation and amortization (271,045) (265,139)
Property, plant and equipment, net 131,439 136,766
Total Assets 466,314 564,833
Current Liabilities    
Accounts payable 69,249 77,320
Accrued expenses    
Employee compensation 14,462 14,967
Income taxes 2,971 3,086
Taxes, other than income taxes 2,176 1,940
Accrued interest 3,105 3,207
Liabilities of Assets Held-for-sale 0 27,122
Other 17,431 26,172
Total Current Liabilities 109,394 153,814
Long-term debt 201,385 236,429
Other liabilities 12,310 13,738
Deferred income taxes 13,277 14,281
Shareholders’ Equity    
Serial Preferred Shares (authorized 1,000,000 shares; none issued and outstanding) 0 0
Common Shares, without par value (authorized 60,000,000 shares; outstanding 30,995,923 and 31,162,962; after deducting treasury shares of 6,956,534 and 6,604,175, respectively) 18,761 18,855
Additional paid-in capital 214,482 218,394
Accumulated other comprehensive loss (32,573) (11,688)
Retained deficit (70,722) (78,990)
Total Shareholders' Equity 129,948 146,571
Total Liabilities and Shareholders' Equity $ 466,314 $ 564,833