Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 85,201	$ 48,871
Receivables	54,021	61,365
Inventories:
Finished goods	20,093	22,946
Work in process	16,375	17,728
Raw materials	40,378	41,274
Total inventories	76,846	81,948
Prepaid expenses and other current assets	7,339	7,910
Total current assets	223,407	200,094
Property, plant and equipment, at cost	212,846	209,825
Less accumulated depreciation	(129,656)	(124,064)
Net property, plant and equipment	83,190	85,761
Intangible assets, at cost less accumulated amortization	44,638	48,163
Other assets	15,022	15,875
Deferred income taxes	2,018	742
Goodwill	71,258	71,258
Total assets	439,533	421,893
Current liabilities:
Short-term debt	4,480	4,480
Payables	35,449	31,523
Accrued compensation and employee benefits	9,678	12,754
Warranty and after-sale costs	6,421	5,583
Other current liabilities	6,673	2,907
Total current liabilities	62,701	57,247
Other long-term liabilities	23,639	22,980
Deferred income taxes	2,555	876
Accrued non-pension postretirement benefits	5,643	5,711
Other accrued employee benefits	3,852	4,011
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	37,220	37,200
Capital in excess of par value	43,456	41,956
Reinvested earnings	297,370	285,879
Accumulated other comprehensive income	245	425
Less: Employee benefit stock	(154)	(154)
Treasury stock, at cost	(36,994)	(34,238)
Total shareholders’ equity	341,143	331,068
Total liabilities and shareholders’ equity	$ 439,533	$ 421,893