Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash	$ 13,394	$ 7,338
Receivables	68,884	59,818
Inventories:
Finished goods	21,954	18,087
Work in process	17,700	17,157
Raw materials	37,356	42,457
Total inventories	77,010	77,701
Prepaid expenses and other current assets	3,968	6,155
Total current assets	163,256	151,012
Property, plant and equipment, at cost	210,489	200,978
Less accumulated depreciation	(117,347)	(110,784)
Net property, plant and equipment	93,142	90,194
Intangible assets, at cost less accumulated amortization	57,835	51,872
Other assets	10,704	6,607
Deferred income taxes	0	700
Goodwill	61,156	49,314
Total assets	386,093	349,699
Current liabilities:
Short-term debt	44,970	37,950
Payables	27,136	18,350
Accrued compensation and employee benefits	13,779	13,861
Warranty and after-sale costs	3,413	2,779
Income and other taxes	3,196	2,898
Total current liabilities	92,494	75,838
Other long-term liabilities	5,795	4,019
Deferred income taxes	1,618	1,901
Accrued non-pension postretirement benefits	5,853	5,753
Other accrued employee benefits	6,203	5,979
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	37,163	37,122
Capital in excess of par value	30,757	28,022
Reinvested earnings	240,764	223,876
Accumulated other comprehensive loss	(9,856)	(11,635)
Less: Employee benefit stock	(614)	(614)
Treasury stock, at cost	(24,084)	(20,562)
Total shareholders’ equity	274,130	256,209
Total liabilities and shareholders’ equity	$ 386,093	$ 349,699