Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017
CURRENT ASSETS:
Cash and cash equivalents		$ 10,442	$ 8,130
Accounts receivable, less allowance for doubtful accounts of $1,510 and $1,382, respectively		48,275	50,569
Accounts receivable - other		2,107	1,848
Inventories	[1]	36,380	64,979
Contract assets		47,098
Prepaid and other current assets		10,005	11,011
TOTAL CURRENT ASSETS		154,307	136,537
PROPERTY, PLANT AND EQUIPMENT, NET		27,033	26,844
OTHER INTANGIBLE ASSETS, NET		28,302	29,061
GOODWILL		16,042	16,032
Deferred taxes		215	2,900
OTHER ASSETS		9,180	7,564
		235,079	218,938
CURRENT LIABILITIES:
Accounts payable		19,263	19,752
Other current liabilites		9,375	12,409
Current portion of long-term debt		6,000	6,000
Current portion of acquisition-related contingent liabilities		1,080	3,061
TOTAL CURRENT LIABILITIES		35,718	41,222
LONG-TERM DEBT		39,949	32,933
LONG-TERM PENSION LIABILITY		8,133	8,319
LONG-TERM ACQUISITION-RELATED CONTINGENT LIABILITIES		7,469	7,283
OTHER LONG-TERM LIABILITIES		4,744	4,213
COMMITMENTS AND CONTINGENCIES (NOTE 5)
SHAREHOLDERS' EQUITY:
Preferred stock, $.001 par value - authorized 300,000 shares (none issued)
Common stock, $.001 par value - authorized 50,000,000 shares, issued and outstanding - 15,143,328 and 15,081,947, respectively.		15	15
Additional paid-in capital		50,626	49,103
Retained earnings		95,296	83,129
Accumulated other comprehensive income (loss), net of tax:
Pensions		(7,066)	(7,282)
Cash flow hedges		50	(90)
Foreign currency translation adjustment		145	93
TOTAL SHAREHOLDERS' EQUITY		139,066	124,968
		$ 235,079	$ 218,938

[1] Inventories consist of the following: March 31,2018 (Unaudited) December 31,2017 Finished goods $ 26,767 $ 54,354 Work in process 935 604 Raw materials 8,678 10,021 $ 36,380 $ 64,979