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Nature of Operations and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Changes in Allowance for Doubtful Accounts
The changes in the allowance for doubtful accounts are as follows:
(In thousands)
 
2016
 
2015
 
2014
Balance at Beginning of Year
 
$
2,163

 
$
2,198

 
$
2,689

Provision charged to expense
 
453

 
379

 
246

Accounts recovered
 
—

 
—

 
15

Accounts written off
 
(128
)
 
(205
)
 
(590
)
Currency translation
 
(93
)
 
(209
)
 
(162
)
Balance at End of Year
 
$
2,395

 
$
2,163

 
$
2,198
Changes in Estimated Product Warranty Liability
The changes in the carrying amount of accrued warranty costs included in other current liabilities in the accompanying consolidated balance sheet are as follows:
(In thousands)
 
2016
 
2015
Balance at Beginning of Year
 
$
3,670

 
$
3,875

Provision charged to income
 
3,091

 
2,660

Usage
 
(3,632
)
 
(2,559
)
Acquisition
 
991

 
—

Currency translation
 
(277
)
 
(306
)
Balance at End of Year
 
$
3,843

 
$
3,670
Supplemental Cash Flow Information
Supplemental Cash Flow Information
(In thousands)
 
2016
 
2015
 
2014
Cash Paid for Interest
 
$
1,183

 
$
616

 
$
1,081

Cash Paid for Income Taxes, Net of Refunds
 
$
15,632

 
$
11,497

 
$
10,035

 
 
 
 
 
 
 
Non-Cash Investing Activities:
 
 
 
 
 
 
Fair value of assets of acquired businesses
 
$
84,969

 
$
—

 
$
14,771

Cash paid for acquired businesses
 
(58,894
)
 
—

 
(12,658
)
Liabilities assumed of acquired businesses
 
$
26,075

 
$
—

 
$
2,113

 
 
 
 
 
 
 
Non-Cash Financing Activities:
 
 

 
 

 
 

Issuance of company common stock
 
$
3,463

 
$
3,423

 
$
3,220

Dividends declared but unpaid
 
$
2,078

 
$
1,831

 
$
1,630
Components of Inventory
The components of inventories are as follows:
(In thousands)
 
2016
 
2015
Raw Materials and Supplies
 
$
21,086

 
$
22,324

Work in Process
 
12,293

 
13,819

Finished Goods (includes $1,249 and $1,262 at customer locations)
 
21,572

 
20,615

 
 
$
54,951

 
$
56,758
Property, Plant and Equipment
Property, plant, and equipment consist of the following:
(In thousands)
 
2016
 
2015
Land
 
$
4,827

 
$
3,792

Buildings
 
39,706

 
36,547

Machinery, Equipment, and Leasehold Improvements
 
79,891

 
77,675

 
 
124,424

 
118,014

Less: Accumulated Depreciation and Amortization
 
76,720

 
75,721

 
 
$
47,704

 
$
42,293
Acquired Intangible Assets
Acquired intangible assets are as follows:
(In thousands)
 
2016
 
2015
 
 
 
 
 
Indefinite-Lived Intangible Asset
 
$
8,100

 
$
8,100

 
 
 
 
 
Definite-Lived Intangible Assets, Gross
 
$
77,052

 
$
77,052

  Acquisition (Note 2)
 
24,691

 
—

  Accumulated amortization
 
(49,040
)
 
(40,908
)
  Currency translation
 
(8,073
)
 
(6,212
)
Definite-Lived Intangible Assets, Net
 
$
44,630

 
$
29,932

 
 
 
 
 
Total Intangible Assets, Net
 
$
52,730

 
$
38,032


Acquired intangible assets by major asset class are as follows:
(In thousands)
 
Gross
 
Currency
Translation
 
Accumulated
Amortization
 
Net
December 31, 2016
 
 
 
 
 
 
 
 
Customer relationships
 
$
59,101

 
$
(5,202
)
 
$
(21,805
)
 
$
32,094

Intellectual property
 
27,101

 
(2,052
)
 
(17,105
)
 
7,944

Tradenames
 
12,547

 
(591
)
 
(1,065
)
 
10,891

Non-compete agreements
 
3,662

 
(85
)
 
(3,373
)
 
204

Distribution network
 
2,400

 
—

 
(1,642
)
 
758

Licensing agreements
 
400

 
—

 
(233
)
 
167

Other
 
4,632

 
(143
)
 
(3,817
)
 
672

 
 
$
109,843

 
$
(8,073
)
 
$
(49,040
)
 
$
52,730

January 2, 2016
 
 

 
 

 
 

 
 

Customer relationships
 
$
43,271

 
$
(3,916
)
 
$
(17,314
)
 
$
22,041

Intellectual property
 
22,899

 
(1,772
)
 
(15,584
)
 
5,543

Tradenames
 
10,269

 
(405
)
 
(698
)
 
9,166

Non-compete agreements
 
3,548

 
(55
)
 
(3,298
)
 
195

Distribution network
 
2,400

 
—

 
(1,501
)
 
899

Licensing agreements
 
400

 
—

 
(213
)
 
187

Other
 
2,365

 
(64
)
 
(2,300
)
 
1

 
 
$
85,152

 
$
(6,212
)
 
$
(40,908
)
 
$
38,032
Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill by segment are as follows:
(In thousands)
 
Papermaking Systems Segment
 
Wood Processing Systems Segment
 
Total
Balance as of January 3, 2015
 
 
 
 
 
 
        Gross balance
 
$
193,279

 
$
20,112

 
$
213,391

        Accumulated impairment losses
 
(85,509
)
 
—

 
(85,509
)
        Net balance
 
107,770

 
20,112

 
127,882

Currency Translation
 
(5,559
)
 
(3,272
)
 
(8,831
)
Total 2015 Adjustments
 
(5,559
)
 
(3,272
)
 
(8,831
)
Balance at January 2, 2016
 
 

 
 

 
 

        Gross balance
 
187,720

 
16,840

 
204,560

        Accumulated impairment losses
 
(85,509
)
 
—

 
(85,509
)
        Net balance
 
102,211

 
16,840

 
119,051

Increase Due to Acquisition (Note 2)
 
38,552

 
—

 
38,552

Currency Translation
 
(6,573
)
 
425

 
(6,148
)
Total 2016 Adjustments
 
31,979

 
425

 
32,404

Balance at December 31, 2016
 
 

 
 

 
 

        Gross balance
 
219,699

 
17,265

 
236,964

        Accumulated impairment losses
 
(85,509
)
 
—

 
(85,509
)
        Net balance
 
$
134,190

 
$
17,265

 
$
151,455
Goodwill by Reporting Unit
Goodwill by reporting unit is as follows:
(In thousands)
 
2016
 
2015
Stock-Preparation
 
$
54,751

 
$
19,527

Doctoring, Cleaning, & Filtration
 
33,839

 
35,990

Fluid-Handling
 
45,600

 
46,694

Wood Processing Systems
 
17,265

 
16,840

 
 
$
151,455

 
$
119,051