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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 192,606 $ 237,375
Accounts receivable, less allowance for doubtful accounts of $945 and $476 102,396 94,876
Accounts receivable from joint ventures 3,223 1,760
Accounts receivable, other 1,507 1,823
Taxes receivable 1,953 606
Inventories 85,536 68,628
Prepaid income taxes 3,661 4,586
Deferred income taxes 9,878 8,527
Asbestos-related insurance receivables 6,827 6,827
Other current assets 8,423 7,046
Assets held for sale 8,469  
Total current assets 424,479 432,054
Property, plant and equipment, net of accumulated depreciation of $234,005 and $225,092 180,145 150,420
Investments in unconsolidated joint ventures 17,938 17,214
Deferred income taxes 13,362 44,853
Pension asset 403 403
Goodwill 177,604 98,227
Other intangible assets 77,577 38,340
Asbestos-related insurance receivables 46,186 46,186
Other long-term assets 6,275 7,420
Total assets 943,969 835,117
Current liabilities    
Accounts payable 24,352 20,020
Accrued employee benefits and compensation 21,604 33,983
Accrued income taxes payable 10,049 6,103
Current portion of lease obligation 287 747
Current portion of long term debt 3,094 35,000
Asbestos-related liabilities 6,827 6,827
Other accrued liabilities 20,370 17,765
Liabilities held for sale 1,743  
Total current liabilities 88,326 120,445
Long term lease obligation 5,772 6,042
Long term debt 176,219 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 12,702 10,544
Deferred income taxes 9,889 14,647
Other long-term liabilities 3,298 338
Shareholders’ Equity    
Capital Stock - $1 par value; 50,000 authorized shares; 17,982 and 18,404 shares outstanding 17,982 18,404
Additional paid-in capital 112,785 137,225
Retained earnings 531,049 491,428
Accumulated other comprehensive income (loss) (85,689) (65,094)
Total shareholders' equity 576,127 581,963
Total liabilities and shareholders' equity $ 943,969 $ 835,117