Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 4,289 $ 19,864
Accounts receivable, net 96,569 42,343
Inventories 36,418 27,977
Refundable income taxes paid   2,648
Deferred income taxes 4,141 4,223
Prepaid and other current assets 1,539 1,317
Total current assets 142,956 98,372
Property, plant, and equipment, net 25,639 24,866
Assets held for sale   1,085
Goodwill 113,132 113,132
Other intangible assets, net 119,074 123,422
Deferred financing costs, net 1,782 2,216
Other long-term assets 1,806 1,246
Total assets 404,389 364,339
Current liabilities:    
Accounts payable 4,967 7,709
Accrued expenses and other current liabilities 20,397 14,418
Income taxes payable 609  
Short term borrowings 33,500 13,000
Current portion of long-term debt 971 971
Total current liabilities 60,444 36,098
Retiree health benefit obligation 4,866 4,654
Pension obligation 6,029 7,077
Deferred income taxes 49,088 45,046
Deferred compensation 588 658
Long-term debt, less current portion 109,295 110,023
Other long-term liabilities 4,428 5,462
Stockholders' equity:    
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,282,628 and 22,223,454 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively 223 222
Additional paid-in capital 137,543 135,498
Retained earnings 32,703 20,463
Accumulated other comprehensive loss, net of tax (818) (862)
Total stockholders' equity 169,651 155,321
Total liabilities and stockholders' equity $ 404,389 $ 364,339