Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED BALANCE SHEETS

v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and Cash Equivalents $ 18,180 $ 9,285
Restricted Cash 0 9,143
Accounts Receivable, Net of Allowance for Estimated Credit Losses 204,672 191,446
Inventories 196,860 199,741
Prepaid Expenses and Other Current Assets 18,027 16,557
Total Current Assets 437,739 426,172
Property, Plant and Equipment, Net of Accumulated Depreciation 107,078 80,687
Operating Right-of-Use Assets 32,269 23,609
Other Assets 11,316 7,763
Intangible Assets, Net of Accumulated Amortization 55,353 52,477
Goodwill 62,923 58,056
Total Assets 706,678 648,764
Current Liabilities:    
Accounts Payable 41,080 42,960
Accrued Payroll and Employee Benefits 34,900 33,409
Accrued Income Taxes 1,413 6,678
Current Operating Lease Liabilities 5,802 4,697
Other Accrued Expenses 32,011 40,917
Customer Advanced Payments and Deferred Revenue 26,069 27,491
Total Current Liabilities 141,275 156,152
Long-term Debt 334,451 168,669
Supplemental Retirement Plan and Other Liabilities for Pension Benefits 27,383 24,088
Long-term Operating Lease Liabilities 38,101 20,508
Other Liabilities 24,754 21,816
Deferred Income Taxes 640 1,434
Total Liabilities 566,604 392,667
Shareholders’ Equity:    
Additional Paid-in Capital 4,898 144,149
Accumulated Other Comprehensive Loss (4,410) (3,863)
Retained Earnings 216,699 192,208
Treasury Stock, 2,750,744 Shares at December 31, 2025 2,694,255 Shares at December 31, 2024 (77,498) (76,777)
Total Shareholders’ Equity 140,074 256,097
Total Liabilities and Shareholders’ Equity 706,678 648,764
Common Stock    
Shareholders’ Equity:    
Common Stock 345 329
Convertible Class B Stock    
Shareholders’ Equity:    
Common Stock $ 40 $ 51