Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash	$ 11,311	$ 7,338
Receivables	65,959	59,818
Inventories:
Finished goods	16,069	18,087
Work in process	15,232	17,157
Raw materials	38,996	42,457
Total inventories	70,297	77,701
Prepaid expenses and other current assets	4,635	6,155
Total current assets	152,202	151,012
Property, plant and equipment, at cost	204,324	200,978
Less accumulated depreciation	(113,235)	(110,784)
Net property, plant and equipment	91,089	90,194
Intangible assets, at cost less accumulated amortization	50,340	51,872
Other assets	9,694	6,607
Deferred income taxes	931	700
Goodwill	49,314	49,314
Total assets	353,570	349,699
Current liabilities:
Short-term debt	38,156	37,950
Payables	21,610	18,350
Accrued compensation and employee benefits	9,041	13,861
Warranty and after-sale costs	2,548	2,779
Income and other taxes	4,149	2,898
Total current liabilities	75,504	75,838
Other long-term liabilities	3,914	4,019
Deferred income taxes	2,118	1,901
Accrued non-pension postretirement benefits	5,834	5,753
Other accrued employee benefits	5,340	5,979
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	37,149	37,122
Capital in excess of par value	29,014	28,022
Reinvested earnings	229,287	223,876
Accumulated other comprehensive loss	(11,261)	(11,635)
Less: Employee benefit stock	(614)	(614)
Treasury stock, at cost	(22,715)	(20,562)
Total shareholders’ equity	260,860	256,209
Total liabilities and shareholders’ equity	$ 353,570	$ 349,699