Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 57,604	$ 23,724
Accounts receivable, net	71,424	76,758
Inventories, net	69,049	82,818
Prepaid and other	5,823	6,091
Total current assets	203,900	189,391
Property, plant and equipment, net	122,067	129,887
Other assets	7,769	3,860
Prepaid pension assets	6,211
Goodwill and other intangible assets, net	42,871	41,063
Total assets	382,818	364,201
Current liabilities:
Accounts payable	16,306	14,529
Payroll and employee related liabilities	11,336	10,871
Commissions payable	11,163	7,950
Deferred revenue	1,361	1,741
Accrued expenses	9,186	8,369
Total current liabilities	49,352	43,460
Pension benefits		9,309
Postretirement benefits	20,709	20,784
Other long-term liabilities	9,869	3,627
Total liabilities	79,930	77,180
Equity:
Outstanding – 26,093,123 shares at December 31, 2016 and 26,083,623 shares at December 31, 2015 (after deducting treasury shares of 955,673 and 965,173, respectively), at stated capital amounts	5,097	5,095
Additional paid-in capital	215
Retained earnings	318,041	304,341
Accumulated other comprehensive loss	(20,465)	(22,415)
Total equity	302,888	287,021
Total liabilities and equity	$ 382,818	$ 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.