Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 41,395	$ 44,358
Accounts receivable, less allowances of $3,144 ($3,325 in 2017)	78,107	73,972
Inventories - net	83,212	77,886
Prepaids	5,369	3,434
Prepaid taxes	2,223	5,266
Other current assets	4,113	2,214
TOTAL CURRENT ASSETS	214,419	207,130
Property, plant and equipment - net	105,172	108,598
Intangibles - net	9,093	10,020
Goodwill	15,867	16,544
Deferred income taxes	8,023	7,774
Other assets	11,506	9,719
TOTAL ASSETS	364,080	359,785
LIABILITIES AND SHAREHOLDERS’ EQUITY
Trade accounts payable	28,240	25,141
Notes payable to banks	2,722	864
Current portion of long-term debt	1,448	1,448
Accrued compensation and amounts withheld from employees	13,431	11,461
Accrued expenses and other liabilities	12,532	14,686
Accrued profit-sharing and other benefits	4,195	6,284
Dividends payable	1,055	1,046
Income taxes payable	1,199	1,903
TOTAL CURRENT LIABILITIES	64,822	62,833
Long-term debt, less current portion	37,308	34,598
Unfunded pension obligation	10,006	10,664
Deferred income taxes	1,833	2,090
Other noncurrent liabilities	10,582	11,063
Shareholders’ equity:
Common shares - $2 par value per share, 15,000,000 shares authorized, 5,036,978 and 5,038,207 issued and outstanding, at June 30, 2018 and December 31, 2017, respectively	12,639	12,593
Common shares issued to rabbi trust, 269,358 and 289,026 shares at June 30, 2018 and December 31, 2017, respectively	(10,988)	(11,834)
Deferred compensation liability	10,988	11,834
Paid-in capital	31,657	29,734
Retained earnings	321,954	311,765
Treasury shares, at cost, 1,282,476 and 1,258,069 shares at June 30, 2018 and December 31, 2017, respectively	(69,929)	(68,115)
Accumulated other comprehensive loss	(56,792)	(47,440)
TOTAL SHAREHOLDERS’ EQUITY	239,529	238,537
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 364,080	$ 359,785