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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash $ 9,936 $ 8,163
Receivables 59,189 56,643
Inventories:    
Finished goods 21,638 28,548
Work in process 14,816 13,184
Raw materials 39,724 36,864
Total inventories 76,178 78,596
Prepaid expenses and other current assets 5,455 5,926
Total current assets 150,758 149,328
Property, plant and equipment, at cost 196,257 194,069
Less accumulated depreciation (104,724) (103,149)
Net property, plant and equipment 91,533 90,920
Intangible assets, at cost less accumulated amortization 55,869 57,348
Other assets 8,870 8,485
Deferred income taxes 1,426 1,421
Goodwill 47,978 47,978
Total assets 356,434 355,480
Current liabilities:    
Short-term debt 61,160 71,360
Payables 19,313 19,155
Accrued compensation and employee benefits 10,037 9,663
Warranty and after-sale costs 3,561 3,133
Income and other taxes 4,770 1,233
Total current liabilities 98,841 104,544
Other long-term liabilities 5,488 4,809
Deferred income taxes 909 774
Accrued non-pension postretirement benefits 5,818 5,709
Other accrued employee benefits $ 6,797 $ 7,369
Commitments and contingencies (Note 6)
Shareholders’ equity:    
Common stock $ 20,551 $ 20,551
Capital in excess of par value 52,595 52,178
Reinvested earnings 209,141 204,044
Accumulated other comprehensive loss (12,107) (12,780)
Less: Employee benefit stock (728) (768)
Treasury stock, at cost (30,871) (30,950)
Total shareholders’ equity 238,581 232,275
Total liabilities and shareholders’ equity $ 356,434 $ 355,480