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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Current assets  
Cash and cash equivalents$ 71,148$ 80,135
Short-term investments 186
Accounts receivable, less allowance for doubtful accounts of $1,160 and $1,63093,04961,995
Accounts receivable from joint ventures2,5731,338
Accounts receivable, other3,2983,773
Taxes receivable2551,706
Inventories80,86547,574
Prepaid income taxes4,9301,938
Deferred income taxes2,1781,492
Asbestos-related insurance receivables8,5638,563
Assets held for sale1,8415,841
Other current assets9,8057,042
Total current assets278,505221,583
Property, plant and equipment, net of accumulated depreciation of $226,665 and $182,435150,096120,087
Investments in unconsolidated joint ventures27,66325,452
Deferred income taxes15,60917,120
Goodwill and other intangibles170,60335,984
Asbestos-related insurance receivables20,73320,733
Long-term marketable securities26,03133,592
Investments, other5,0005,000
Other long-term assets8,4225,323
Total assets702,662484,874
Current liabilities  
Accounts payable22,64216,296
Accrued employee benefits and compensation30,64026,692
Accrued income taxes payable4,0211,528
Current portion of lease obligation1,657 
Current portion of long term debt6,250 
Asbestos-related liabilities8,5638,563
Other current liabilities15,45212,362
Total current liabilities89,22565,441
Long term debt122,500 
Long term lease obligation8,149 
Pension liability26,98031,980
Retiree health care and life insurance benefits8,1448,144
Asbestos-related liabilities21,15921,159
Non-current income tax17,88515,339
Deferred income taxes24,7948,745
Other long-term liabilities6373,534
Shareholders' Equity  
Capital Stock - $1 par value; 50,000,000 authorized shares; 16,168,392 and 15,841,341 shares outstanding16,16815,841
Additional paid-in capital49,03233,194
Retained earnings330,963295,044
Accumulated other comprehensive income (loss)(12,974)(13,547)
Total shareholders' equity383,189330,532
Total liabilities and shareholders' equity$ 702,662$ 484,874