Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash	$ 23,894	$ 13,086
Receivables	60,294	66,300
Inventories:
Finished goods	23,034	23,476
Work in process	16,643	17,097
Raw materials	43,642	40,231
Total inventories	83,319	80,804
Prepaid expenses and other current assets	8,037	4,469
Total current assets	175,544	164,659
Property, plant and equipment, at cost	213,201	213,722
Less accumulated depreciation	(124,689)	(123,401)
Net property, plant and equipment	88,512	90,321
Intangible assets, at cost less accumulated amortization	51,717	55,418
Other assets	15,819	8,872
Deferred income taxes	2,011	2,163
Goodwill	71,258	71,258
Total assets	404,861	392,691
Current liabilities:
Short-term debt	4,560	18,060
Payables	29,556	22,469
Accrued compensation and employee benefits	12,256	13,768
Warranty and after-sale costs	5,379	4,206
Other current liabilities	2,556	1,512
Total current liabilities	54,307	60,015
Other long-term liabilities	21,772	13,972
Deferred income taxes	3,233	3,332
Accrued non-pension postretirement benefits	5,191	5,184
Other accrued employee benefits	3,906	6,685
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	37,200	37,198
Capital in excess of par value	39,746	38,082
Reinvested earnings	270,772	257,313
Accumulated other comprehensive income	1,066	580
Less: Employee benefit stock	(306)	(306)
Treasury stock, at cost	(32,026)	(29,364)
Total shareholders’ equity	316,452	303,503
Total liabilities and shareholders’ equity	$ 404,861	$ 392,691