Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets:    
Cash and Cash Equivalents $ 54,635 $ 7,380
Accounts Receivable, Net of Allowance for Doubtful Accounts 60,942 45,473
Inventories 85,269 48,624
Prepaid Expenses and Other Current Assets 5,061 1,566
Deferred Income Taxes 5,291 4,967
Total Current Assets 211,198 108,010
Property, Plant and Equipment, at Cost:    
Land 6,742 5,424
Buildings and Improvements 45,551 37,045
Machinery and Equipment 54,369 43,342
Construction in Progress 1,527 1,456
Total Property, Plant and Equipment, at Cost 108,189 87,267
Less Accumulated Depreciation 37,289 33,730
Net Property, Plant and Equipment 70,900 53,537
Deferred Income Taxes   9,019
Other Assets 5,474 2,977
Intangible Assets, Net of Accumulated Amortization 102,701 16,523
Goodwill 100,998 21,923
Total Assets 491,271 211,989
Current Liabilities:    
Current Maturities of Long-term Debt 12,279 9,268
Accounts Payable 25,255 10,592
Accrued Payroll and Employee Benefits 16,214 10,228
Accrued Income Taxes 1,318  
Other Accrued Expenses 8,454 5,406
Customer Advanced Payments and Deferred Revenue 20,747 12,286
Billings in Excess of Recoverable Costs and Accrued Profits on Uncompleted Contracts   188
Deferred Income Taxes 970   
Total Current Liabilities 85,237 47,968
Long-term Debt 188,041 20,715
Supplemental Retirement Plan and Other Liabilities for Pension Benefits 14,550 15,243
Other Liabilities 7,704 2,929
Deferred Income Taxes 24,230   
Total Liabilities 319,762 86,855
Shareholders' Equity    
Additional Paid-in Capital 40,826 22,854
Accumulated Other Comprehensive Loss (3,611) (4,783)
Retained Earnings 134,115 106,889
Total Shareholders' Equity 171,509 125,134
Total Liabilities and Shareholders' Equity 491,271 211,989
Convertible Class B Stock [Member]
    
Shareholders' Equity    
Common Stock, value 46 65
Total Shareholders' Equity 46 65
Common Stock [Member]
    
Shareholders' Equity    
Common Stock, value 133 109
Total Shareholders' Equity $ 133 $ 109