Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 63,681	$ 23,724
Accounts receivable – net	73,889	76,758
Inventories – net	74,524	82,818
Other current assets	6,146	6,091
Total current assets	218,240	189,391
Property, plant and equipment	274,279	271,739
Less accumulated depreciation	(149,556)	(141,852)
Property, plant and equipment – net	124,723	129,887
Other assets	4,159	3,860
Goodwill and other intangible assets – net	40,227	41,063
Total assets	387,349	364,201
Current liabilities:
Accounts payable	14,996	14,529
Payroll and employee related liabilities	13,636	10,871
Commissions payable	11,209	7,950
Deferred revenue	2,233	1,741
Accrued expenses	13,356	8,369
Total current liabilities	55,430	43,460
Pension benefits	2,472	9,309
Postretirement benefits	21,307	20,784
Deferred and other income taxes	7,105	3,627
Total liabilities	86,314	77,180
Equity:
Outstanding common shares: 26,091,123 at September 30, 2016 and 26,083,623 at December 31, 2015 (net of treasury shares of 957,673 and 965,173, respectively), at stated capital amounts	5,096	5,095
Retained earnings	316,157	304,341
Accumulated other comprehensive loss	(20,218)	(22,415)
Total equity	301,035	287,021
Total liabilities and equity	$ 387,349	$ 364,201

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.