XML 15 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 87,126 $ 69,225
Trade receivables, net 69,442 71,721
Gross inventories 99,417 81,278
Less LIFO reserve (42,542) (42,061)
Less excess and obsolescence reserve (2,340) (2,118)
Net inventories 54,535 37,099
Deferred income taxes 8,859 8,219
Prepaid expenses and other current assets 3,660 3,008
Total Current Assets 223,622 189,272
Property, Plant, and Equipment 331,639 308,597
Less allowances for depreciation (227,398) (204,777)
Net property, plant and equipment 104,241 103,820
Other assets 27,541 22,791
Total Assets 355,404 315,883
Current Liabilities    
Trade accounts payable and accrued expenses 48,493 42,991
Product liability 1,733 642
Employee compensation and benefits 25,467 28,298
Workers' compensation 5,200 5,100
Income taxes payable   4,962
Total Current Liabilities 80,893 81,993
Product liability 86 102
Deferred income taxes 8,525 6,050
Contingent liabilities (Note 17)
Stockholders' Equity    
Common stock, par value $1: Authorized shares - 40,000,000 2016 - 24,034,201 issued, 18,688,511 outstanding 2015 - 23,775,766 issued, 18,713,419 outstanding 24,034 23,776
Additional paid-in capital 27,211 29,591
Retained earnings 293,400 239,098
Less: Treasury stock - at cost 2016 - 5,345,690 shares 2015 - 5,062,347 shares (78,745) (64,727)
Total Stockholders' Equity 265,900 227,738
Total Liabilities and Stockholders' Equity 355,404 315,883
Voting Common Stock [Member]    
Stockholders' Equity    
Common stock, par value $1: Authorized shares - 40,000,000 2016 - 24,034,201 issued, 18,688,511 outstanding 2015 - 23,775,766 issued, 18,713,419 outstanding $ 24,034 $ 23,776