CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets    
Cash and cash equivalents $ 199,858 $ 237,375
Accounts receivable, less allowance for doubtful accounts of $906 and $476 113,540 94,876
Accounts receivable from joint ventures 2,028 1,760
Accounts receivable, other 2,788 1,823
Taxes receivable 703 606
Inventories 82,239 68,628
Prepaid income taxes 4,726 4,586
Deferred income taxes 11,449 8,527
Asbestos-related insurance receivables 6,827 6,827
Other current assets 11,008 7,046
Total current assets 435,166 432,054
Property, plant and equipment, net of accumulated depreciation of $221,200 and $225,092 179,630 150,420
Investments in unconsolidated joint ventures 17,057 17,214
Deferred income taxes 40,918 44,853
Pension Asset 403 403
Goodwill 175,009 98,227
Other intangible assets 82,171 38,340
Asbestos-related insurance receivables 46,186 46,186
Other long-term assets 8,522 7,420
Total assets 985,062 835,117
Current liabilities    
Accounts payable 29,954 20,020
Accrued employee benefits and compensation 26,127 33,983
Accrued income taxes payable 8,402 6,103
Current portion of lease obligation 662 747
Current portion of long term debt 42,500 35,000
Asbestos-related liabilities 6,827 6,827
Other accrued liabilities 24,088 17,765
Total current liabilities 138,560 120,445
Long term lease obligation 5,285 6,042
Long term debt 137,500 25,000
Pension liability 19,650 17,652
Retiree health care and life insurance benefits 8,768 8,768
Asbestos-related liabilities 49,718 49,718
Non-current income tax 12,078 10,544
Deferred income taxes 37,725 14,647
Other long-term liabilities 2,707 338
Shareholders’ Equity    
Capital Stock - $1 par value; 50,000,000 authorized shares; 18,605,116 and 18,403,109 shares outstanding 18,605 18,404
Additional paid-in capital 141,999 137,225
Retained earnings 505,055 491,428
Accumulated other comprehensive income (loss) (92,588) (65,094)
Total shareholders' equity 573,071 581,963
Total liabilities and shareholders' equity $ 985,062 $ 835,117