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Condensed Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current Assets    
Cash $ 4,673 $ 7,888
Restricted cash 8,642 8,635
Accounts receivable, less allowances of $1,555 and $1,563, respectively 79,220 73,818
Inventories    
Finished and in-process products 32,108 31,826
Raw materials and supplies 16,176 14,197
Inventory net 48,284 46,023
Prepaid expenses and other current assets 3,722 4,787
Total Current Assets 144,541 141,151
Other Assets    
Goodwill 59,592 59,219
Intangible assets, net 44,039 47,994
Deferred income taxes 247 216
Notes receivable 18,536 18,275
Other 9,825 3,347
Total other non current assets 132,239 129,051
Property, Plant and Equipment, at Cost    
Land 7,877 8,916
Buildings and leasehold improvements 60,261 65,566
Machinery and equipment 305,031 319,606
Property, Plant and Equipment, at cost 373,169 394,088
Less allowances for depreciation and amortization (279,143) (282,606)
Property, plant and equipment, net 94,026 111,482
Total Assets 370,806 381,684
Current Liabilities    
Accounts payable 54,650 48,988
Accrued expenses    
Employee compensation 14,408 11,861
Income taxes 1,154 0
Taxes, other than income taxes 1,916 2,178
Accrued interest 3,035 3,202
Other current liabilities 12,550 13,083
Total Current Liabilities 87,712 79,312
Long-term debt 170,114 189,522
Other liabilities 7,726 9,235
Deferred income taxes 10,442 10,582
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 30,252,632 and 30,019,561; net of treasury shares of 7,699,825 and 7,932,896, respectively) 18,388 18,234
Additional paid-in capital 205,715 202,033
Accumulated other comprehensive loss (33,063) (34,174)
Retained deficit (96,228) (93,060)
Total Shareholders’ Equity 94,812 93,033
Total Liabilities and Shareholders’ Equity $ 370,806 $ 381,684