CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 19,796	$ 18,800
Accounts receivable, less allowances for discounts and doubtful accounts of $4,425 and $4,246 in 2016 and 2015, respectively	134,630	123,853
Inventories	312,477	285,793
Deferred income taxes	40,627	40,626
Prepaid expenses and other current assets	7,318	10,668
Total current assets	514,848	479,740
Property, plant and equipment, net	78,499	68,882
Goodwill	67,231	54,881
Other intangibles, net	64,056	29,386
Deferred incomes taxes	10,500	10,737
Other assets	33,563	37,438
Total assets	768,697	681,064
CURRENT LIABILITIES:
Notes payable	54,812	47,427
Current portion of long-term debt	43	16
Accounts payable	83,878	72,711
Sundry payables and accrued expenses	45,147	40,706
Accrued customer returns	40,176	38,812
Accrued rebates	29,127	27,196
Payroll and commissions	30,658	17,048
Total current liabilities	283,841	243,916
Long-term debt	120	62
Other accrued liabilities	12,380	12,922
Accrued asbestos liabilities	31,328	32,185
Total liabilities	327,669	289,085
Commitments and contingencies
Stockholders' equity:
Common Stock - par value $2.00 per share: Authorized 30,000,000 shares, issued 23,936,036 shares	47,872	47,872
Capital in excess of par value	96,850	93,247
Retained earnings	336,464	291,481
Accumulated other comprehensive income	(11,028)	(6,474)
Treasury stock - at cost (1,101,487 shares and 1,295,316 shares in 2016 and 2015, respectively)	(29,130)	(34,147)
Total stockholders' equity	441,028	391,979
Total liabilities and stockholders' equity	$ 768,697	$ 681,064