CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
CURRENT ASSETS:
Cash and cash equivalents	$ 10,372	$ 11,138
Accounts receivable, less allowances for discounts and doubtful accounts of $5,212 and $5,687 in 2019 and 2018, respectively	135,516	157,535
Inventories	368,221	349,811
Unreturned customer inventories	19,722	20,484
Prepaid expenses and other current assets	15,602	7,256
Total current assets	549,433	546,224
Property, plant and equipment, net	89,649	90,754
Operating lease right-of-use assets	36,020	0
Goodwill	77,802	67,321
Other intangibles, net	64,861	48,411
Deferred incomes taxes	37,272	42,334
Investments in unconsolidated affiliates	38,858	32,469
Other assets	18,835	15,619
Total assets	912,730	843,132
CURRENT LIABILITIES:
Notes payable	52,460	43,689
Current portion of other debt	4,456	5,377
Accounts payable	92,535	94,357
Sundry payables and accrued expenses	38,819	31,033
Accrued customer returns	44,116	57,433
Accrued core liability	24,357	31,263
Accrued rebates	26,072	28,870
Payroll and commissions	26,649	20,564
Total current liabilities	309,464	312,586
Long-term debt	129	153
Noncurrent operating lease liabilities	28,376	0
Other accrued liabilities	20,837	18,075
Accrued asbestos liabilities	49,696	45,117
Total liabilities	408,502	375,931
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	102,742	102,470
Retained earnings	417,437	380,113
Accumulated other comprehensive income	(8,589)	(9,594)
Treasury stock - at cost (1,477,594 shares and 1,503,284 shares in 2019 and 2018, respectively)	(55,234)	(53,660)
Total stockholders' equity	504,228	467,201
Total liabilities and stockholders' equity	$ 912,730	$ 843,132