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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 216,458 $ 191,884
Accounts receivable, less allowance for doubtful accounts of $1,592 and $1,655 95,311 85,126
Accounts receivable from joint ventures 1,485 1,897
Accounts receivable, other 2,258 2,638
Taxes receivable 86 1,578
Inventories 64,291 66,889
Prepaid income taxes 4,543 5,519
Deferred income taxes 6,876 7,271
Asbestos-related insurance receivables 7,542 7,542
Other current assets 8,718 7,363
Total current assets 407,568 377,707
Property, plant and equipment, net of accumulated depreciation of $227,015 and $222,189 144,208 146,931
Investments in unconsolidated joint ventures 18,125 18,463
Deferred income taxes 45,550 44,854
Pension Asset 2,983 2,982
Goodwill 108,558 108,671
Other intangible assets 47,674 49,171
Asbestos-related insurance receivables 49,508 49,508
Investments, other 507 507
Other long-term assets 7,647 7,740
Total assets 832,328 806,534
Current liabilities    
Accounts payable 21,369 17,534
Accrued employee benefits and compensation 23,175 29,724
Accrued income taxes payable 6,830 4,078
Current portion of lease obligation 850 849
Current portion of long term debt 18,750 17,500
Asbestos-related liabilities 7,542 7,542
Other accrued liabilities 15,248 12,813
Total current liabilities 93,764 90,040
Long term lease obligation 7,105 7,170
Long term debt 55,000 60,000
Pension liability 5,435 5,435
Retiree health care and life insurance benefits 9,649 9,649
Asbestos-related liabilities 52,205 52,205
Non-current income tax 10,479 10,208
Deferred income taxes 16,468 16,077
Other long-term liabilities 329 223
Shareholders’ Equity    
Capital Stock - $1 par value; 50,000,000 authorized shares; 18,120,086 and 17,854,506 shares outstanding 18,120 17,855
Additional paid-in capital 122,257 110,577
Retained earnings 453,125 438,545
Accumulated other comprehensive income (loss) (11,608) (11,450)
Total shareholders' equity 581,894 555,527
Total liabilities and shareholders' equity $ 832,328 $ 806,534