Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash	$ 7,356	$ 8,163
Receivables	61,326	56,643
Inventories:
Finished goods	21,876	28,548
Work in process	16,559	13,184
Raw materials	42,280	36,864
Total inventories	80,715	78,596
Prepaid expenses and other current assets	5,505	5,926
Total current assets	154,902	149,328
Property, plant and equipment, at cost	198,134	194,069
Less accumulated depreciation	(107,381)	(103,149)
Net property, plant and equipment	90,753	90,920
Intangible assets, at cost less accumulated amortization	54,328	57,348
Other assets	8,452	8,485
Deferred income taxes	1,380	1,421
Goodwill	47,978	47,978
Total assets	357,793	355,480
Current liabilities:
Short-term debt	53,590	71,360
Payables	22,175	19,155
Accrued compensation and employee benefits	11,142	9,663
Warranty and after-sale costs	3,513	3,133
Income and other taxes	3,459	1,233
Total current liabilities	93,879	104,544
Other long-term liabilities	4,048	4,809
Deferred income taxes	882	774
Accrued non-pension postretirement benefits	5,893	5,709
Other accrued employee benefits	7,178	7,369
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	20,557	20,551
Capital in excess of par value	53,587	52,178
Reinvested earnings	215,642	204,044
Accumulated other comprehensive loss	(12,301)	(12,780)
Less: Employee benefit stock	(728)	(768)
Treasury stock, at cost	(30,844)	(30,950)
Total shareholders’ equity	245,913	232,275
Total liabilities and shareholders’ equity	$ 357,793	$ 355,480