Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Current assets:
Cash	$ 10,629	$ 11,164
Receivables	70,029	58,210
Inventories:
Finished goods	22,588	23,125
Work in process	19,199	22,035
Raw materials	42,558	40,012
Total inventories	84,345	85,172
Prepaid expenses and other current assets	5,881	4,077
Total current assets	170,884	158,623
Property, plant and equipment, at cost	214,234	212,485
Less accumulated depreciation	(122,595)	(118,884)
Net property, plant and equipment	91,639	93,601
Intangible assets, at cost less accumulated amortization	57,301	59,326
Other assets	9,436	9,897
Deferred income taxes	802	2,856
Goodwill	71,258	67,424
Total assets	401,320	391,727
Current liabilities:
Short-term debt	35,957	44,550
Payables and other current liabilities	24,860	28,601
Accrued compensation and employee benefits	12,381	15,509
Warranty and after-sale costs	4,302	3,367
Income and other taxes	366	1,082
Total current liabilities	77,866	93,109
Other long-term liabilities	14,446	4,073
Deferred income taxes	1,323	3,434
Accrued non-pension postretirement benefits	5,704	5,703
Other accrued employee benefits	6,751	7,956
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	37,198	37,165
Capital in excess of par value	36,809	32,182
Reinvested earnings	250,432	244,224
Accumulated other comprehensive income (loss)	294	(10,893)
Less: Employee benefit stock	(461)	(460)
Treasury stock, at cost	(29,042)	(24,766)
Total shareholders’ equity	295,230	277,452
Total liabilities and shareholders’ equity	$ 401,320	$ 391,727