Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash	$ 12,676	$ 6,656
Receivables	61,963	53,967
Inventories:
Finished goods	26,027	25,362
Work in process	9,379	13,047
Raw materials	36,316	33,365
Total inventories	71,722	71,774
Prepaid expenses and other current assets	5,500	4,538
Deferred income taxes	4,312	4,170
Total current assets	156,173	141,105
Property, plant and equipment, at cost	184,071	177,400
Less accumulated depreciation	(100,179)	(95,594)
Net property, plant and equipment	83,892	81,806
Intangible assets, at cost less accumulated amortization	58,786	61,672
Prepaid pension	645	456
Other assets	9,941	8,397
Goodwill	47,712	47,722
Total assets	357,149	341,158
Current liabilities:
Short-term debt	73,029	75,927
Payables	22,508	16,059
Accrued compensation and employee benefits	9,366	11,901
Warranty and after-sale costs	2,360	1,739
Income and other taxes	4,461	1,449
Total current liabilities	111,724	107,075
Other long-term liabilities	2,530	1,735
Deferred income taxes	6,599	6,399
Accrued non-pension postretirement benefits	6,473	6,342
Other accrued employee benefits	$ 6,203	$ 5,276
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	$ 20,544	$ 20,523
Capital in excess of par value	50,667	48,353
Reinvested earnings	196,013	189,365
Accumulated other comprehensive loss	(11,777)	(11,856)
Less: Employee benefit stock	(869)	(922)
Treasury stock, at cost	(30,958)	(31,132)
Total shareholders’ equity	223,620	214,331
Total liabilities and shareholders’ equity	$ 357,149	$ 341,158