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Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 114,787 $ 87,174
Receivables 83,491 65,866
Inventories:    
Finished goods 23,783 25,991
Work in process 25,970 24,747
Raw materials 63,855 48,873
Total inventories 113,608 99,611
Prepaid expenses and other current assets 13,742 8,709
Total current assets 325,628 261,360
Property, plant and equipment, at cost 216,159 216,796
Less accumulated depreciation (143,790) (138,746)
Net property, plant and equipment 72,369 78,050
Intangible assets, at cost less accumulated amortization 54,314 64,176
Other assets 15,450 15,390
Deferred income taxes 7,512 7,529
Goodwill 99,100 104,313
Total assets 574,373 530,818
Current liabilities:    
Payables 65,462 41,859
Accrued compensation and employee benefits 17,734 20,644
Warranty and after-sale costs 10,369 12,868
Other current liabilities 8,220 6,775
Total current liabilities 101,785 82,146
Other long-term liabilities 36,540 29,804
Deferred income taxes 4,575 5,385
Accrued non-pension postretirement benefits 5,072 5,214
Other accrued employee benefits 3,542 5,199
Commitments and contingencies (Note 5)
Shareholders’ equity:    
Common stock 37,221 37,221
Capital in excess of par value 51,780 49,224
Reinvested earnings 384,207 353,535
Accumulated other comprehensive (loss) income (12,984) 136
Less: Treasury stock, at cost (37,365) (37,046)
Total shareholders’ equity 422,859 403,070
Total liabilities and shareholders’ equity $ 574,373 $ 530,818