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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
CURRENT ASSETS:    
Cash and cash equivalents $ 10,871 $ 12,135
Accounts receivable, less allowances for discounts and doubtful accounts of $6,709 and $6,779 in 2011 and 2010, respectively 104,115 104,986
Inventories, net 248,097 241,158
Deferred income taxes 32,199 18,135
Assets held for sale 216 216
Prepaid expenses and other current assets 5,489 8,076
Total current assets 400,987 384,706
Property, plant and equipment, net 64,039 60,666
Goodwill 26,124 1,437
Other intangibles, net 31,718 11,050
Deferred incomes taxes 16,937 21,347
Other assets 10,917 13,595
Total assets 550,722 492,801
CURRENT LIABILITIES:    
Notes payable 73,000 52,887
Current portion of long-term debt 109 12,402
Accounts payable 50,880 49,919
Sundry payables and accrued expenses 33,409 29,280
Accrued customer returns 25,074 23,207
Accrued rebates 22,373 23,668
Payroll and commissions 24,036 23,468
Total current liabilities 228,881 214,831
Long-term debt 190 307
Accrued postretirement benefits 6,017 21,044
Other accrued liabilities 17,540 21,944
Accrued asbestos liabilities 26,141 24,792
Total liabilities 278,769 282,918
Commitments and contingencies      
Stockholders' equity:    
Common Stock - par value $2.00 per share: Authorized 30,000,000 shares, issued 23,936,036 shares in 2011 and 2010 47,872 47,872
Capital in excess of par value 79,789 77,471
Retained earnings 153,555 97,535
Accumulated other comprehensive income 3,299 716
Treasury stock - at cost (1,116,155 and 1,276,044 shares in 2011 and 2010, respectively) (12,562) (13,711)
Total stockholders' equity 271,953 209,883
Total liabilities and stockholders' equity $ 550,722 $ 492,801