Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 36,844 $ 24,195
Accounts receivable, net 67,707 60,918
Inventories 51,584 48,248
Refundable income taxes paid 4,850  
Deferred income taxes 6,154 7,004
Prepaid and other current assets 2,104 2,156
Total current assets 169,243 142,521
Property, plant, and equipment, net 42,636 37,546
Goodwill 160,932 160,962
Other intangible assets, net 127,647 135,009
Deferred financing costs, net 2,337 2,485
Other long-term assets 2,708 1,920
Total assets 505,503 480,443
Current liabilities:    
Accounts payable 14,555 9,753
Accrued expenses and other current liabilities 25,549 33,670
Income taxes payable   642
Current portion of long-term debt 1,629 1,629
Total current liabilities 41,733 45,694
Retiree health benefit obligation 6,656 6,774
Pension obligation 10,839 12,316
Deferred income taxes 54,932 49,853
Long-term debt, less current portion 184,843 186,471
Other long-term liabilities 6,004 6,046
Stockholders' equity:    
Common Stock, par value $0.01, 200,000,000 shares authorized, 22,387,797 and 22,282,628 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively 224 223
Additional paid-in capital 141,626 138,268
Retained earnings 64,829 40,826
Accumulated other comprehensive loss, net of tax (6,183) (6,028)
Total stockholders' equity 200,496 173,289
Total liabilities and stockholders' equity $ 505,503 $ 480,443