Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and Cash Equivalents $ 17,901 $ 18,561
Accounts Receivable, Net of Allowance for Doubtful Accounts 109,415 95,277
Inventories 116,597 115,467
Prepaid Expenses and Other Current Assets 11,160 20,662
Total Current Assets 255,073 249,967
Property, Plant and Equipment, at Cost:    
Land 11,112 11,145
Buildings and Improvements 79,191 78,989
Machinery and Equipment 93,683 89,514
Construction in Progress 8,182 3,282
Total Property, Plant and Equipment, at Cost 192,168 182,930
Less Accumulated Depreciation 69,356 58,188
Net Property, Plant and Equipment 122,812 124,742
Other Assets 13,149 10,889
Intangible Assets, Net of Accumulated Amortization 98,103 108,276
Goodwill 115,207 115,369
Total Assets 604,344 609,243
Current Liabilities:    
Current Maturities of Long-term Debt 2,636 2,579
Accounts Payable 25,070 27,138
Accrued Payroll and Employee Benefits 24,743 24,036
Accrued Income Taxes 62 195
Other Accrued Expenses 10,881 11,527
Customer Advanced Payments and Deferred Revenue 23,168 38,757
Total Current Liabilities 86,560 104,232
Long-term Debt 145,484 167,210
Supplemental Retirement Plan and Other Liabilities for Pension Benefits 22,140 20,935
Other Liabilities 1,414 1,674
Deferred Income Taxes 11,297  
Deferred Income Taxes   14,967
Total Liabilities 266,895 309,018
Shareholders’ Equity:    
Additional Paid-in Capital 64,752 57,827
Accumulated Other Comprehensive Loss (15,494) (15,064)
Retained Earnings 305,512 257,168
Treasury Stock; 523,132 Shares in 2016 (17,618) 0
Total Shareholders’ Equity 337,449 300,225
Total Liabilities and Shareholders’ Equity 604,344 609,243
Common Class Undefined    
Shareholders’ Equity:    
Common Stock 220 194
Convertible Class B Stock    
Shareholders’ Equity:    
Common Stock $ 77 $ 100