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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 100,210 $ 87,174
Receivables 77,247 65,866
Inventories:    
Finished goods 21,092 25,991
Work in process 24,272 24,747
Raw materials 66,073 48,873
Total inventories 111,437 99,611
Prepaid expenses and other current assets 15,027 8,709
Total current assets 303,921 261,360
Property, plant and equipment, at cost 216,547 216,796
Less accumulated depreciation (142,507) (138,746)
Net property, plant and equipment 74,040 78,050
Intangible assets, at cost less accumulated amortization 57,772 64,176
Other assets 15,580 15,390
Deferred income taxes 7,512 7,529
Goodwill 101,206 104,313
Total assets 560,031 530,818
Current liabilities:    
Payables 61,597 41,859
Accrued compensation and employee benefits 14,941 20,644
Warranty and after-sale costs 10,859 12,868
Other current liabilities 9,938 6,775
Total current liabilities 97,335 82,146
Other long-term liabilities 32,345 29,804
Deferred income taxes 4,937 5,385
Accrued non-pension postretirement benefits 5,089 5,214
Other accrued employee benefits 4,142 5,199
Commitments and contingencies (Note 5)
Shareholders’ equity:    
Common stock 37,221 37,221
Capital in excess of par value 51,015 49,224
Reinvested earnings 372,856 353,535
Accumulated other comprehensive (loss) income (7,544) 136
Less: Treasury stock, at cost (37,365) (37,046)
Total shareholders’ equity 416,183 403,070
Total liabilities and shareholders’ equity $ 560,031 $ 530,818