CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 209,762	$ 237,375
Accounts receivable, less allowance for doubtful accounts of $994 and $476	107,337	94,876
Accounts receivable from joint ventures	2,222	1,760
Accounts receivable, other	1,229	1,823
Taxes receivable	1,045	606
Inventories	87,032	68,628
Prepaid income taxes	4,108	4,586
Deferred income taxes	10,711	8,527
Asbestos-related insurance receivables	6,827	6,827
Other current assets	10,863	7,046
Total current assets	441,136	432,054
Property, plant and equipment, net of accumulated depreciation of $244,612 and $225,092	181,531	150,420
Investments in unconsolidated joint ventures	17,228	17,214
Deferred income taxes	15,799	44,853
Pension asset	403	403
Goodwill	178,617	98,227
Other intangible assets	80,566	38,340
Asbestos-related insurance receivables	46,186	46,186
Other long-term assets	6,264	7,420
Total assets	967,730	835,117
Current liabilities
Accounts payable	24,924	20,020
Accrued employee benefits and compensation	22,633	33,983
Accrued income taxes payable	7,569	6,103
Current portion of lease obligation	690	747
Current portion of long term debt	2,750	35,000
Asbestos-related liabilities	6,827	6,827
Other accrued liabilities	22,327	17,765
Total current liabilities	87,720	120,445
Long term lease obligation	5,444	6,042
Long term debt	177,250	25,000
Pension liability	13,150	17,652
Retiree health care and life insurance benefits	8,768	8,768
Asbestos-related liabilities	49,718	49,718
Non-current income tax	12,399	10,544
Deferred income taxes	10,055	14,647
Other long-term liabilities	3,337	338
Shareholders’ Equity
Capital Stock - $1 par value; 50,000,000 authorized shares; 18,649,994 and 18,403,109 shares outstanding	18,649	18,404
Additional paid-in capital	146,524	137,225
Retained earnings	518,595	491,428
Accumulated other comprehensive income (loss)	(83,879)	(65,094)
Total shareholders' equity	599,889	581,963
Total liabilities and shareholders' equity	$ 967,730	$ 835,117