Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current assets:
Cash	$ 37,728	$ 13,086
Receivables	61,406	66,300
Inventories:
Finished goods	24,646	23,476
Work in process	18,097	17,097
Raw materials	42,092	40,231
Total inventories	84,835	80,804
Prepaid expenses and other current assets	7,572	4,469
Total current assets	191,541	164,659
Property, plant and equipment, at cost	208,315	213,722
Less accumulated depreciation	(121,658)	(123,401)
Net property, plant and equipment	86,657	90,321
Intangible assets, at cost less accumulated amortization	49,934	55,418
Other assets	16,126	8,872
Deferred income taxes	1,974	2,163
Goodwill	71,258	71,258
Total assets	417,490	392,691
Current liabilities:
Short-term debt	4,360	18,060
Payables	32,363	22,469
Accrued compensation and employee benefits	12,814	13,768
Warranty and after-sale costs	6,807	4,206
Other current liabilities	2,501	1,512
Total current liabilities	58,845	60,015
Other long-term liabilities	22,863	13,972
Deferred income taxes	3,077	3,332
Accrued non-pension postretirement benefits	5,163	5,184
Other accrued employee benefits	3,903	6,685
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	37,200	37,198
Capital in excess of par value	40,306	38,082
Reinvested earnings	278,551	257,313
Accumulated other comprehensive income	404	580
Less: Employee benefit stock	(306)	(306)
Treasury stock, at cost	(32,516)	(29,364)
Total shareholders’ equity	323,639	303,503
Total liabilities and shareholders’ equity	$ 417,490	$ 392,691