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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 52,617 [1] $ 48,822 [1]
Accounts and other receivables, net of allowance for doubtful accounts and sales returns of $3,327 in 2013 and $3,552 in 2012 99,246 100,798
Income taxes recoverable 0 2,886
Inventories 70,663 74,670
Deferred income taxes 5,628 5,614
Prepaid expenses and other 6,353 6,780
Total current assets 234,507 239,570
Property, plant and equipment, at cost:    
Land and land improvements 12,093 12,537
Buildings 109,125 110,961
Machinery and equipment 677,621 625,655
Total property, plant and equipment 798,839 749,153
Less accumulated depreciation 516,279 495,736
Net property, plant and equipment 282,560 253,417
Goodwill and other intangibles 226,300 240,619
Other assets and deferred charges 49,641 49,559
Total assets 793,008 [1] 783,165 [1]
Current liabilities:    
Accounts payable 82,795 82,067
Accrued expenses 42,158 42,514
Income taxes payable 114 0
Total current liabilities 125,067 124,581
Long-term debt 139,000 128,000
Deferred income taxes 70,795 60,773
Other noncurrent liabilities 55,482 97,559
Total liabilities 390,344 410,913
Commitments and contingencies      
Shareholders’ equity:    
Issued and outstanding—32,305,145 shares in 2013 and 32,069,370 in 2012 (including restricted stock) 20,641 15,195
Common stock held in trust for savings restoration plan (65,332 shares in 2013 and 64,654 in 2012) (1,418) (1,401)
Accumulated other comprehensive income (loss):    
Foreign currency translation adjustment (19,205) 131
Gain (loss) on derivative financial instruments 765 993
Pension and other postretirement benefit adjustments (71,848) (103,471)
Retained earnings 473,729 460,805
Total shareholders’ equity 402,664 372,252
Total liabilities and shareholders’ equity $ 793,008 $ 783,165
[1] Information on exports and foreign operations are provided on the next page. Cash and cash equivalents includes funds held in locations outside the U.S. of $38.6 million and $28.6 million at December 31, 2013 and 2012, respectively. Export sales relate almost entirely to Film Products. Operations outside the U.S. in The Netherlands, Hungary, China, Italy (sold in 2011), Brazil and India also relate to Film Products. Sales from our locations in The Netherlands, Hungary and Italy are primarily to customers located in Europe. Sales from our locations in China (Guangzhou and Shanghai) are primarily to customers located in China, but also include other customers in Asia. Sales activity at the new film products manufacturing facility in India was not significant in 2011.