Condensed Consolidated Balance Sheet (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 13,366 $ 8,454
Accounts receivable, less allowances of $3,161 and $3,375 129,204 131,003
Inventories, principally on last-in first-out basis (replacement cost higher by $129,279 and $129,779) 243,331 236,932
Prepaid expenses and other current assets 13,156 9,458
Deferred income taxes 752 685
Income tax receivable 2,264 2,886
Total current assets 402,073 389,418
Investment in joint venture 38,003 37,443
Goodwill 12,973 12,973
Intangible assets, net 52,695 56,555
Prepaid pension cost 7,494 7,092
Other assets 10,502 11,660
Property, plant and equipment    
Land 3,594 4,466
Buildings 50,528 52,821
Machinery and equipment 182,817 183,923
Property, plant and equipment, at cost 236,939 241,210
Less - accumulated depreciation (168,403) (168,375)
Property, plant and equipment, net 68,536 72,835
Total assets 592,276 587,976
Current liabilities    
Accounts payable 85,998 68,782
Accrued and other liabilities 36,034 27,670
Income taxes payable 505 328
Current portion of long-term debt 734 737
Total current liabilities 123,271 97,517
Long-term debt, less current portion 313,239 309,377
Deferred income taxes 6,585 8,360
Other non-current liabilities 3,393 3,655
Pension and postretirement benefit obligations 18,775 18,747
Commitments and contingencies      
Stockholders’ equity    
Preferred stock, $0.01 par value—9,988 shares authorized (including 400 Series B Junior Preferred $0.00 par value shares); no shares issued and outstanding at March 31, 2015 and December 31, 2014 0 0
Common stock, $0.01 par value—60,000 shares authorized and 23,700 shares issued and 23,572 outstanding at March 31, 2015 and 23,630 shares issued and 23,559 outstanding at December 31, 2014 236 236
Additional paid-in capital 226,853 225,953
Accumulated deficit (50,130) (29,424)
Accumulated other comprehensive loss (48,857) (45,565)
Treasury stock, at cost—128 shares at March 31, 2015 and 71 shares at December 31, 2014 (1,089) (880)
Total stockholders’ equity 127,013 150,320
Total liabilities and stockholders’ equity $ 592,276 $ 587,976