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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 89,219 $ 87,174
Receivables 78,147 65,866
Inventories:    
Finished goods 25,755 25,991
Work in process 22,128 24,747
Raw materials 55,137 48,873
Total inventories 103,020 99,611
Prepaid expenses and other current assets 10,891 8,709
Total current assets 281,277 261,360
Property, plant and equipment, at cost 216,583 216,796
Less accumulated depreciation (140,514) (138,746)
Net property, plant and equipment 76,069 78,050
Intangible assets, at cost less accumulated amortization 61,252 64,176
Other assets 16,541 15,390
Deferred income taxes 7,512 7,529
Goodwill 103,287 104,313
Total assets 545,938 530,818
Current liabilities:    
Payables 52,437 41,859
Accrued compensation and employee benefits 12,104 20,644
Warranty and after-sale costs 12,409 12,868
Other current liabilities 11,559 6,775
Total current liabilities 88,509 82,146
Other long-term liabilities 33,033 29,804
Deferred income taxes 5,214 5,385
Accrued non-pension postretirement benefits 5,079 5,214
Other accrued employee benefits 4,222 5,199
Commitments and contingencies (Note 5)
Shareholders’ equity:    
Common stock 37,221 37,221
Capital in excess of par value 49,758 49,224
Reinvested earnings 362,046 353,535
Accumulated other comprehensive (loss) income (2,179) 136
Less: Treasury stock, at cost (36,965) (37,046)
Total shareholders’ equity 409,881 403,070
Total liabilities and shareholders’ equity $ 545,938 $ 530,818