v3.26.1
Consolidated Condensed Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 95,733 $ 226,016
Receivables, net of allowance for doubtful accounts 121,234 112,356
Inventories:    
Finished goods 18,927 23,087
Work in process 32,560 29,244
Raw materials 126,604 99,604
Total inventories 178,091 151,935
Prepaid expenses and other current assets 21,147 16,770
Total current assets 416,205 507,077
Property, plant and equipment, at cost 256,564 248,450
Less accumulated depreciation (173,127) (168,814)
Net property, plant and equipment 83,437 79,636
Intangible assets, at cost less accumulated amortization 162,540 118,496
Other assets 19,269 18,653
Deferred income taxes 14,109 14,140
Goodwill 302,609 235,575
Total assets 998,169 973,577
Current liabilities:    
Payables 97,827 72,299
Accrued compensation and employee benefits 18,734 37,619
Warranty and after-sale costs, current 8,960 8,466
Other current liabilities 46,351 32,332
Total current liabilities 171,872 150,716
Long-term deferred revenue 78,784 72,771
Deferred income taxes 16,692 3,477
Accrued non-pension postretirement benefits 2,501 2,499
Other accrued employee benefits 7,225 6,658
Warranty and after-sale costs, long-term 14,737 13,108
Other long-term liabilities 23,478 11,054
Commitments and contingencies (Note 5)
Total long-term liabilities 143,417 109,567
Shareholders’ equity:    
Common stock, $1 par, authorized 80,000,000, issued 37,221,098 shares in 2026 and 2025 37,221 37,221
Capital in excess of par value 80,123 75,290
Reinvested earnings 679,651 645,876
Accumulated other comprehensive income 265 6,474
Less: Treasury stock, at cost, 8,234,251 shares in 2026 and 7,834,360 in 2025 (114,380) (51,567)
Total shareholders’ equity 682,880 713,294
Total liabilities and shareholders’ equity $ 998,169 $ 973,577