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Nature of Operations and Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Apr. 01, 2017
Accounting Policies [Abstract]  
Supplemental Cash Flow Information
The Company paid additional post-closing consideration of $165,000 in the first quarter of 2017 associated with the April 2016 acquisition of RT Holding GmbH, the parent corporation of a group of companies known as the PAALGROUP (PAAL).
 
 
Three Months Ended
(In thousands)
 
April 1,
2017
 
April 2,
2016
Non-Cash Financing Activities:
 
 

 
 

Issuance of Company common stock
 
$
2,640

 
$
2,854

Dividends declared but unpaid
 
$
2,310

 
$
2,063
Inventories
The components of inventories are as follows:
 
 
April 1,
2017
 
December 31,
2016
(In thousands)
 
 
Raw Materials and Supplies
 
$
24,670

 
$
21,086

Work in Process
 
13,104

 
12,293

Finished Goods
 
22,067

 
21,572

Total Inventories
 
$
59,841

 
$
54,951
Intangible Assets, Net
Intangible assets are as follows:
 
 
April 1,
2017
 
December 31,
2016
(In thousands)
 
 
Indefinite-Lived
 
$
8,100

 
$
8,100

 
 
 
 
 
Definite-Lived, Gross
 
$
101,743

 
$
77,052

Acquisition
 
—

 
24,691

Accumulated amortization
 
(50,759
)
 
(49,040
)
Currency translation
 
(7,268
)
 
(8,073
)
Definite-Lived, Net
 
$
43,716

 
$
44,630

 
 
 
 
 
Total Intangible Assets, Net
 
$
51,816

 
$
52,730
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 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

Currency Translation
 
2,092

 
264

 
2,356

Total 2017 Adjustments
 
2,092

 
264

 
2,356

Balance at April 1, 2017
 
 

 
 

 
 

Gross balance
 
221,791

 
17,529

 
239,320

Accumulated impairment losses
 
(85,509
)
 
—

 
(85,509
)
Net balance
 
$
136,282

 
$
17,529

 
$
153,811
Warranty Obligations
The changes in the carrying amount of accrued warranty costs included in other current liabilities in the accompanying condensed consolidated balance sheet are as follows:
 
 
Three Months Ended
(In thousands)
 
April 1,
2017
 
April 2,
2016
Balance at Beginning of Year
 
$
3,843

 
$
3,670

Provision charged to income
 
804

 
560

Usage
 
(570
)
 
(526
)
Currency translation
 
62

 
81

Balance at End of Period
 
$
4,139

 
$
3,785