Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash	$ 15,033	$ 13,086
Receivables	68,095	66,300
Inventories:
Finished goods	21,811	23,476
Work in process	16,076	17,097
Raw materials	42,667	40,231
Total inventories	80,554	80,804
Prepaid expenses and other current assets	7,541	4,469
Total current assets	171,223	164,659
Property, plant and equipment, at cost	215,098	213,722
Less accumulated depreciation	(125,816)	(123,401)
Net property, plant and equipment	89,282	90,321
Intangible assets, at cost less accumulated amortization	53,534	55,418
Other assets	15,810	8,872
Deferred income taxes	2,142	2,163
Goodwill	71,258	71,258
Total assets	403,249	392,691
Current liabilities:
Short-term debt	10,980	18,060
Payables	25,983	22,469
Accrued compensation and employee benefits	9,583	13,768
Warranty and after-sale costs	4,318	4,206
Other current liabilities	7,060	1,512
Total current liabilities	57,924	60,015
Other long-term liabilities	21,494	13,972
Deferred income taxes	3,217	3,332
Accrued non-pension postretirement benefits	5,214	5,184
Other accrued employee benefits	6,787	6,685
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	37,200	37,198
Capital in excess of par value	38,756	38,082
Reinvested earnings	263,777	257,313
Accumulated other comprehensive income	311	580
Less: Employee benefit stock	(306)	(306)
Treasury stock, at cost	(31,125)	(29,364)
Total shareholders’ equity	308,613	303,503
Total liabilities and shareholders’ equity	$ 403,249	$ 392,691