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Nature of Operations and Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jul. 01, 2017
Accounting Policies [Abstract]  
Supplemental Cash Flow Information
 
 
Six Months Ended
(In thousands)
 
July 1,
2017
 
July 2,
2016
Non-Cash Investing Activities:
 
 

 
 

Fair value of assets acquired
 
$
—

 
$
86,555

Cash paid for acquired business
 
—

 
(58,894
)
Liabilities assumed of acquired business
 
$
—

 
$
27,661

Non-Cash Financing Activities:
 
 

 
 

Issuance of Company common stock
 
$
2,814

 
$
3,057

Dividends declared but unpaid
 
$
2,311

 
$
2,070
Inventories
The components of inventories are as follows:
 
 
July 1,
2017
 
December 31,
2016
(In thousands)
 
 
Raw Materials and Supplies
 
$
27,555

 
$
21,086

Work in Process
 
14,418

 
12,293

Finished Goods
 
21,417

 
21,572

Total Inventories
 
$
63,390

 
$
54,951
Intangible Assets, Net
Intangible assets are as follows:
 
 
July 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
 
(52,494
)
 
(49,040
)
Currency translation
 
(5,690
)
 
(8,073
)
Definite-Lived, Net
 
$
43,559

 
$
44,630

 
 
 
 
 
Total Intangible Assets, Net
 
$
51,659

 
$
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
 
6,704

 
668

 
7,372

Total 2017 Adjustments
 
6,704

 
668

 
7,372

Balance at July 1, 2017
 
 

 
 

 
 

Gross balance
 
226,403

 
17,933

 
244,336

Accumulated impairment losses
 
(85,509
)
 
—

 
(85,509
)
Net balance
 
$
140,894

 
$
17,933

 
$
158,827
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:
 
 
Six Months Ended
(In thousands)
 
July 1,
2017
 
July 2,
2016
Balance at Beginning of Year
 
$
3,843

 
$
3,670

Provision charged to income
 
1,209

 
1,524

Usage
 
(1,056
)
 
(1,623
)
Acquisition
 
—

 
991

Currency translation
 
224

 
(20
)
Balance at End of Period
 
$
4,220

 
$
4,542