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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 3,657 $ 7,062
Accounts and other receivables, net 79,749 64,817
Income taxes recoverable 301 0
Inventories 68,895 51,381
Prepaid expenses and other 9,125 16,567
Total current assets 161,727 139,827
Property, plant and equipment, at cost 501,741 499,426
Less: accumulated depreciation (367,206) (362,394)
Net property, plant and equipment 134,535 137,032
Right-of-use leased assets 14,267 14,635
Identifiable intangible assets, net 6,887 7,326
Goodwill 22,446 22,446
Deferred income taxes 32,330 32,517
Other assets 2,025 2,448
Noncurrent assets of discontinued operations 0 126
Total assets 374,217 356,357
Current liabilities:    
Accounts payable 83,190 64,704
Accrued expenses 16,960 22,168
Lease liability, short-term 2,476 2,453
Short-term debt 627 1,322
Income taxes payable 550 320
Current liabilities of discontinued operations 0 741
Total current liabilities 103,803 91,708
Lease liability, long-term 12,514 12,993
ABL revolving facility 56,000 60,600
Pension and other postretirement benefit obligations, net 5,870 5,914
Deferred income tax liabilities 69 69
Other non-current liabilities 4,591 4,105
Total liabilities 182,847 175,389
Shareholders’ equity:    
Common stock, no par value (authorized shares 150,000,000, issued and outstanding 34,903,429 shares at March 31, 2025 and 34,661,272 shares at December 31, 2024) 64,151 63,590
Common stock held in trust for savings restoration plan (118,543 shares at March 31, 2025 and December 31, 2024) (2,233) (2,233)
Accumulated other comprehensive income (loss):    
Foreign currency translation adjustment 5,132 5,105
Gain (loss) on derivative financial instruments 70 268
Pension and other postretirement benefit adjustments 737 826
Retained earnings 123,513 113,412
Total shareholders’ equity 191,370 180,968
Total liabilities and shareholders’ equity $ 374,217 $ 356,357