Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 93,901	$ 48,871
Receivables	57,706	61,365
Inventories:
Finished goods	22,151	22,946
Work in process	15,771	17,728
Raw materials	39,065	41,274
Total inventories	76,987	81,948
Prepaid expenses and other current assets	4,156	7,910
Total current assets	232,750	200,094
Property, plant and equipment, at cost	214,354	209,825
Less accumulated depreciation	(131,919)	(124,064)
Net property, plant and equipment	82,435	85,761
Intangible assets, at cost less accumulated amortization	42,884	48,163
Other assets	17,297	15,875
Deferred income taxes	2,012	742
Goodwill	71,258	71,258
Total assets	448,636	421,893
Current liabilities:
Short-term debt		4,480
Payables	37,791	31,523
Accrued compensation and employee benefits	12,671	12,754
Warranty and after-sale costs	7,557	5,583
Other current liabilities	2,173	2,907
Total current liabilities	60,192	57,247
Other long-term liabilities	24,247	22,980
Deferred income taxes	2,649	876
Accrued non-pension postretirement benefits	5,608	5,711
Other accrued employee benefits	4,397	4,011
Commitments and contingencies (Note 6)
Shareholders’ equity:
Common stock	37,220	37,200
Capital in excess of par value	43,850	41,956
Reinvested earnings	306,996	285,879
Accumulated other comprehensive income	684	425
Less: Employee benefit stock	(154)	(154)
Treasury stock, at cost	(37,053)	(34,238)
Total shareholders’ equity	351,543	331,068
Total liabilities and shareholders’ equity	$ 448,636	$ 421,893