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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets    
Cash and cash equivalents $ 137,015 $ 114,863
Restricted cash    950
Accounts receivable, less allowance for doubtful accounts of $1,661 and $1,773 88,846 78,788
Accounts receivable from joint ventures 1,778 2,142
Accounts receivable, other 1,752 2,297
Taxes receivable 2,212 5,079
Inventories 66,733 73,178
Prepaid income taxes 5,134 4,914
Deferred income taxes 7,074 7,225
Asbestos-related insurance receivables 8,195 8,195
Other current assets 7,450 8,559
Assets of discontinued operations    746
Total current assets 326,189 306,936
Property, plant and equipment, net of accumulated depreciation of $211,592 and $205,575 148,669 149,017
Investments in unconsolidated joint ventures 19,022 21,171
Deferred income taxes 59,150 71,439
Goodwill 103,000 105,041
Other intangible assets 49,570 53,288
Asbestos-related insurance receivables 40,067 40,067
Investments, other 5,127 5,000
Other long-term assets 7,715 8,065
Total assets 758,509 760,024
Current liabilities    
Accounts payable 17,753 16,730
Accrued employee benefits and compensation 23,981 23,156
Accrued income taxes payable 1,921 3,135
Current portion of lease obligation 1,004 1,423
Current portion of long term debt 23,000 20,500
Asbestos-related liabilities 8,195 8,195
Other accrued liabilities 11,454 11,363
Liabilities of discontinued operations    3
Total current liabilities 87,308 84,505
Long term lease obligation 6,734 6,942
Long term debt 70,000 77,500
Pension liability 34,008 65,942
Retiree health care and life insurance benefits 10,654 10,654
Asbestos-related liabilities 43,222 43,222
Non-current income tax 20,033 19,300
Deferred income taxes 15,820 17,545
Other long-term liabilities 350 262
Shareholders’ Equity    
Capital Stock - $1 par value; 50,000,000 authorized shares; 17,242,257 and 16,904,441 shares outstanding 17,242 16,904
Additional paid-in capital 83,655 74,272
Retained earnings 413,446 400,784
Accumulated other comprehensive income (loss) (43,963) (57,808)
Total shareholders' equity 470,380 434,152
Total liabilities and shareholders' equity $ 758,509 $ 760,024