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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 114,863 $ 79,728
Restricted Cash 950   
Accounts receivable, less allowance for doubtful accounts of $1,773 and $1,040 78,788 77,286
Accounts receivable from joint ventures 2,142 1,640
Accounts receivable, other 2,297 3,807
Taxes receivable 5,079 2,713
Inventories 73,178 77,935
Prepaid income taxes 4,914 4,315
Deferred income taxes 7,225 2,146
Asbestos-related insurance receivables 8,195 6,459
Other current assets 8,559 7,360
Assets held for sale    1,400
Assets of discontinued operations 746 843
Total current assets 306,936 265,632
Property, plant and equipment, net of accumulated depreciation of $205,575 and $193,721 149,017 148,182
Investments in unconsolidated joint ventures 21,171 23,868
Deferred income taxes 71,439 20,117
Goodwill 105,041 102,178
Other intangible assets 53,288 56,449
Asbestos-related insurance receivables 40,067 21,943
Investments, other 5,000 5,000
Other long-term assets 8,065 8,299
Long-term marketable securities    25,960
Total assets 760,024 677,628
Current liabilities    
Accounts payable 16,730 15,731
Accrued employee benefits and compensation 23,156 30,130
Accrued income taxes payable 3,135 1,799
Current portion of lease obligation 1,423 1,596
Current portion of long term debt 20,500 7,500
Asbestos-related liabilities 8,195 6,459
Other accrued liabilities 11,363 15,343
Liabilities of discontinued operations 3 239
Total current liabilities 84,505 78,797
Long term debt 77,500 115,000
Long term lease obligation 6,942 7,610
Pension liability 65,942 68,871
Retiree health care and life insurance benefits 10,654 9,486
Asbestos-related liabilities 43,222 22,326
Non-current income tax 19,300 17,588
Deferred income taxes 17,545 19,259
Other long-term liabilities 262 435
Shareholders' Equity    
Capital Stock - $1 par value; 50,000,000 authorized shares; 16,904,441 and 16,220,648 shares outstanding 16,904 16,221
Additional paid-in capital 74,272 52,738
Retained earnings 400,784 332,099
Accumulated other comprehensive income (loss) (57,808) (62,802)
Total shareholders' equity 434,152 338,256
Total liabilities and shareholders' equity $ 760,024 $ 677,628