Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and Cash Equivalents $ 7,380 $ 10,919
Accounts Receivable, Net of Allowance for Doubtful Accounts 45,473 35,669
Inventories 48,624 40,094
Prepaid Expenses 1,566 2,421
Deferred Income Taxes 4,967 3,207
Total Current Assets 108,010 92,310
Property, Plant and Equipment, at Cost:    
Land 5,424 2,819
Buildings and Improvements 37,045 22,760
Machinery and Equipment 43,342 37,289
Construction in Progress 1,456 7,702
Total Property, Plant and Equipment, at Cost 87,267 70,570
Less Accumulated Depreciation 33,730 29,448
Net Property, Plant and Equipment 53,537 41,122
Deferred Income Taxes 9,019 7,039
Intangible Assets, net of Accumulated Amortization 16,523 14,000
Other Assets 2,977 3,249
Goodwill 21,923 17,185
Total Assets 211,989 174,905
Current Liabilities:    
Current Maturities of Long-term Debt 9,268 5,290
Accounts Payable 10,592 10,559
Accrued Payroll and Employee Benefits 10,228 9,261
Customer Advanced Payments and Deferred Revenue 12,286 5,796
Billings in Excess of Recoverable Costs and Accrued Profits on Uncompleted Contracts 188 264
Other Accrued Expenses 5,406 2,307
Total Current Liabilities 47,968 33,477
Long-term Debt 20,715 27,973
Supplemental Retirement Plan and Other Liabilities for Pension Benefits 15,243 7,765
Other Liabilities 2,929 2,827
Total Liabilities 86,855 72,042
Shareholders' Equity    
Additional Paid-in Capital 22,883 19,260
Accumulated Other Comprehensive Loss (4,783) (886)
Retained Earnings 106,889 86,622
Other Shareholders' Equity 125,134 105,144
Less Treasury Stock: 0 Shares in 2012 and 528,341 Shares in 2011   2,281
Total Shareholders' Equity 125,134 102,863
Total Liabilities and Shareholders' Equity 211,989 174,905
Common Stock
    
Shareholders' Equity    
Common Stock, value 109 97
Total Shareholders' Equity 109 97
Convertible Class B Stock
    
Shareholders' Equity    
Common Stock, value 36 51
Total Shareholders' Equity $ 36 $ 51