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Document and Entity Information (USD $)	12 Months Ended
Document and Entity Information (USD $)	Dec. 31, 2012	Feb. 28, 2013	Jun. 29, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	PARK OHIO HOLDINGS CORP
Entity Central Index Key	0000076282
Document Type	10-K
Document Period End Date	Dec. 31, 2012
Amendment Flag	false
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer
Entity Public Float			$ 164,629,000
Entity Common Stock, Shares Outstanding		12,232,990

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 44,437	$ 78,001
Accounts receivable, less allowances for doubtful accounts of $3,563 in 2012 and $5,483 in 2011	161,273	139,941
Inventories, net	215,579	202,039
Deferred tax assets	19,850	20,561
Unbilled contract revenue	1,385	18,778
Other current assets	21,473	9,622
Total current assets	463,997	468,942
Property, plant and equipment:
Land and land improvements	5,675	3,654
Buildings	56,008	47,594
Machinery and equipment	247,402	208,727
Property, Plant and Equipment, Gross	309,085	259,975
Less accumulated depreciation	208,654	198,165
Property, Plant and Equipment, Net	100,431	61,810
Other assets:
Goodwill and other intangible assets	99,295	20,187
Other	62,897	63,833
Total Assets	726,620	614,772
Current liabilities:
Trade accounts payable	102,097	99,588
Accrued expenses	83,328	74,483
Current portion of long-term debt	4,411	1,415
Current portion of other postretirement benefits	1,906	2,002
Total current liabilities	191,742	177,488
Long-term liabilities, less current portion:
Senior Notes	250,000	250,000
Credit facility	120,629	93,000
Other long-term debt	3,638	3,165
Deferred tax liabilities	31,507	1,392
Other postretirement benefits and other long-term liabilities	27,353	24,285
Total Long-Term Liabilities	433,127	371,842
Serial preferred stock:
Authorized - 632,470 shares; Issued and outstanding - none
Common stock:
Authorized - 40,000,000 shares; Issued - 14,109,255 shares in 2012 and 13,813,774 in 2011	14,109	13,814
Additional paid-in capital	76,870	70,248
Retained earnings	42,178	10,392
Treasury stock, at cost, 1,872,265 shares in 2012 and 1,673,926 shares in 2011	(24,575)	(20,607)
Accumulated other comprehensive loss	(6,831)	(8,405)
Total Shareholders' Equity	101,751	65,442
Total liabilities and shareholders' equity	$ 726,620	$ 614,772

Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts	$ 3,563	$ 5,483
Capital stock, par value	$ 1	$ 1
Serial preferred stock, shares authorized	632,470	632,470
Serial preferred stock, shares issued
Serial preferred stock, shares outstanding
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	14,109,255	13,813,774
Treasury stock, shares	1,872,265	1,673,926

Consolidated Statements of Income (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Consolidated Statements of Income [Abstract]
Net sales	$ 1,134,042	$ 966,573	$ 813,522
Cost of products sold	927,026	799,248	679,425
Gross profit	207,016	167,325	134,097
Selling, general and administrative expenses	117,209	105,582	91,755
Restructuring and asset impairment charges		5,359	3,539
Settlement of litigation	13,000
Operating income	76,807	56,384	38,803
Gain on acquisition of business			(2,210)
Interest expense	26,350	32,152	23,792
Income before income taxes	50,457	24,232	17,221
Income tax expense (benefit)	18,671	(5,203)	2,034
Net income	$ 31,786	$ 29,435	$ 15,187
Amounts per common share:
Basic	$ 2.67	$ 2.54	$ 1.34
Diluted	$ 2.62	$ 2.45	$ 1.29

Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Consolidated Statements of Comprehensive Income [Abstract]
Net income	$ 31,786	$ 29,435	$ 15,187
Other comprehensive income:
Foreign currency translation gain (loss)	585	(1,387)	(711)
Pension and postretirement benefit adjustment, net of tax	989	(9,456)	8,263
Total other comprehensive income (loss)	1,574	(10,843)	7,552
Comprehensive income, net of tax	$ 33,360	$ 18,592	$ 22,739

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References+ Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 19

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=6519514

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 130

-Paragraph 10, 15

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=6518256

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 87-21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28, 29, 30

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e565-108580

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph A7

-Appendix A

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

-Number 51

-Paragraph 38

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Net of tax and reclassification adjustments of the change in the balance sheet adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency of the reporting entity. Also includes the following: gain (loss) on foreign currency forward exchange contracts; foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; and gain (loss) on a derivative instrument or nonderivative financial instrument that may give rise to a foreign currency transaction gain (loss) that has been designated and qualified as a hedging instrument for hedging of the foreign currency exposure of a net investment in a foreign operation.

+ References+ Details

Consolidated Statements of Shareholders' Equity (USD $) In Thousands	Total	Common Stock	Additional Paid-In Capital	Retained Earnings (Deficit)	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2009	$ 22,810	$ 13,274	$ 66,323	$ (34,230)	$ (17,443)	$ (5,114)
Other comprehensive income	22,739			15,187		7,552
Amortization of restricted stock	1,463		1,463
Restricted share units exchanged for restricted stock		13	(13)
Restricted stock awards		101	(101)
Restricted stock cancelled		(14)	14
Purchase of treasury stock (85,027 shares), (114,930 shares), (198,339 shares) in 2010, 2011 and 2012 respectively	(1,059)				(1,059)
Exercise of stock options (23,166 shares), (223,300 shares), (38,250 shares) for the year ending 2010, 2011 and 2012 respectively	150	23	127
Share-based compensation	272		272
Ending Balance at Dec. 31, 2010	46,375	13,397	68,085	(19,043)	(18,502)	2,438
Other comprehensive income	18,592			29,435		(10,843)
Amortization of restricted stock	1,988		1,988
Restricted stock awards		194	(194)
Purchase of treasury stock (85,027 shares), (114,930 shares), (198,339 shares) in 2010, 2011 and 2012 respectively	(2,105)				(2,105)
Exercise of stock options (23,166 shares), (223,300 shares), (38,250 shares) for the year ending 2010, 2011 and 2012 respectively	494	223	271
Share-based compensation	98		98
Ending Balance at Dec. 31, 2011	65,442	13,814	70,248	10,392	(20,607)	(8,405)
Other comprehensive income	33,360			31,786		1,574
Amortization of restricted stock	2,584		2,584
Restricted stock awards		258	(258)
Common stock award (31,606 shares)	604	31	573
Restricted stock cancelled		(32)	32
Purchase of treasury stock (85,027 shares), (114,930 shares), (198,339 shares) in 2010, 2011 and 2012 respectively	(3,968)				(3,968)
Exercise of stock options (23,166 shares), (223,300 shares), (38,250 shares) for the year ending 2010, 2011 and 2012 respectively	479	38	441
Income tax effect of share-based compensation exercises and vesting	416		416
Income tax effect of suspended benefits from share-based compensation	2,819		2,819
Share-based compensation	15		15
Ending Balance at Dec. 31, 2012	$ 101,751	$ 14,109	$ 76,870	$ 42,178	$ (24,575)	$ (6,831)

Consolidated Statements of Shareholders' Equity (Parenthetical)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Treasury stock, shares purchased	198,339	114,930	85,027
Exercise of stock options	38,250	223,300	23,166
Common stock award shares	31,606
Common Stock
Exercise of stock options	38,250	223,300	23,166
Common stock award shares	31,606
Additional Paid-In Capital
Exercise of stock options	38,250	223,300	23,166
Common stock award shares	31,606
Treasury Stock
Treasury stock, shares purchased	198,339	114,930	85,027

- Definition

Number of shares (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. Shares issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.

+ References+ Details

- Definition

Number of share options (or share units) exercised during the current period.

+ References+ Details

Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
OPERATING ACTIVITIES
Net income	$ 31,786	$ 29,435	$ 15,187
Adjustments to reconcile net income to net cash provided by operations:
Depreciation and amortization	17,991	16,177	17,132
Restructuring and asset impairment charges		5,359	3,539
Debt extinguishment costs	305	7,335
Gain on acquisition of business			(2,210)
Gain on sale of property	(250)
Deferred income taxes	7,539	(12,817)	(1,126)
Share-based compensation expense	2,725	2,086	1,735
Changes in operating assets and liabilities excluding acquisitions of businesses:
Accounts receivable	9,754	(13,533)	(7,624)
Inventories and other current assets	7,133	(8,763)	10,067
Accounts payable and accrued expenses	(21,397)	18,057	28,068
Other	295	(7,475)	2,291
Net cash provided by operating activities	55,881	35,861	67,059
INVESTING ACTIVITIES
Purchases of property, plant and equipment	(29,625)	(12,673)	(3,951)
Proceeds from sale and leaseback transactions	5,904
Business acquisitions, net of cash acquired	(96,963)		(25,900)
Proceeds from the sale of property	400	1,575
Net cash used by investing activities	(120,284)	(11,098)	(29,851)
FINANCING ACTIVITIES
Proceeds from term loans and other debt	25,870
Payments on term loans and other debt	(3,650)	(37,598)	(8,944)
Bank debt issue costs	(876)	(1,079)	(4,142)
Proceeds from (payments on) revolving credit facility	8,879	2,800	(11,000)
Issuance of 8.125% senior notes due 2021, net of deferred financing costs		244,970
Redemption of 8.375% senior subordinated notes due 2014		(189,555)
Issuance of common stock under stock option plan	1,083	494	150
Income tax effect of suspended benefits from share-based compensation	2,819
Income tax effect of share-based compensation exercises and vesting	416
Purchase of treasury stock	(3,968)	(2,105)	(1,059)
Net cash provided (used) by financing activities	30,573	17,927	(24,995)
Effect of exchange rate changes on cash	266
(Decrease) increase in cash and cash equivalents	(33,564)	42,690	12,213
Cash and cash equivalents at beginning of year	78,001	35,311	23,098
Cash and cash equivalents at end of year	44,437	78,001	35,311
Income taxes paid	5,548	4,648	1,217
Interest paid (includes $5,720 of senior subordinated notes redemption costs in 2011)	$ 23,832	$ 26,993	$ 23,324

Consolidated Statements of Cash Flows (Parenthetical) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Debt Instrument [Line Items]
Redemption costs in senior subordinated notes		5,720
Senior Notes
Debt Instrument [Line Items]
Senior notes, interest rate	8.125%	8.125%	8.125%
Senior Subordinated Notes
Debt Instrument [Line Items]
Senior notes, interest rate		8.375%

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

NOTE A — Summary of Significant Accounting Policies

Consolidation and Basis of Presentation: The consolidated financial statements include the accounts of the Company and all of its subsidiaries. All significant intercompany accounts and transactions have been eliminated upon consolidation. The Company does not have off-balance sheet arrangements or financings with unconsolidated entities or other persons. In the ordinary course of business, the Company leases certain real properties owned by related parties as described in Note L. Transactions with related parties are in the ordinary course of business, are conducted on an arm’s-length basis, and are not material to the Company’s financial position, results of operations or cash flows.

Accounting Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash Equivalents: The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

Inventories: Inventories are stated at the lower of first-in, first-out (“FIFO”) cost or market value. Inventory reserves were $27,206 and $24,881 at December 31, 2012 and 2011, respectively. Inventory consigned to others was $6,585 and $6,546 at December 31, 2012 and 2011, respectively.

Major Classes of Inventories


	December 31,
	2012		2011
Finished goods	$	112,986	$	122,010
Work in process		27,909		20,660
Raw materials and supplies		74,684		59,369

	$	215,579	$	202,039

Property, Plant and Equipment: Property, plant and equipment are carried at cost. Additions and associated interest costs are capitalized and expenditures for repairs and maintenance are charged to operations. Depreciation of fixed assets is computed principally by the straight-line method based on the estimated useful lives of the assets ranging from 25 to 40 years for buildings, and 3 to 20 years for machinery and equipment. The Company reviews long-lived assets for impairment when events or changes in business conditions indicate that their full carrying value may not be recoverable. See Note O.

Impairment of Long-Lived Assets: We assess the recoverability of long-lived assets (excluding goodwill) and identifiable acquired intangible assets with finite useful lives, whenever events or changes in circumstances indicate that we may not be able to recover the assets’ carrying amount. We measure the recoverability of assets to be held and used by a comparison of the carrying amount of the asset to the expected net future undiscounted cash flows to be generated by that asset, or, for identifiable intangibles with finite useful lives, by determining whether the amortization of the intangible asset balance over its remaining life can be recovered through undiscounted future cash flows. The amount of impairment of identifiable intangible assets with finite useful lives, if any, to be recognized is measured based on projected discounted future cash flows. We measure the amount of impairment of other long-lived assets (excluding goodwill) as the amount by which the carrying value of the asset exceeds the fair market value of the asset, which is generally determined, based on projected discounted future cash flows or appraised values. We classify long-lived assets to be disposed of other than by sale as held and used until they are disposed.

Goodwill and Indefinite-Lived Assets: In accordance with Accounting Standards Codification (“ASC”) 350, “Intangibles — Goodwill and Other” (“ASC 350”), the Company does not amortize goodwill recorded in connection with business acquisitions. Other intangible assets, which consist primarily of non-contractual customer relationships, are amortized over their estimated useful lives.

Goodwill and indefinite life intangible assets are tested annually for impairment as of October 1, or whenever events or changes in circumstances indicate there may be a possible permanent loss of value in accordance with ASC 350, Intangibles — Goodwill and Other.

Goodwill is tested for impairment at the reporting unit level and is based on the net assets for each reporting unit, including goodwill and intangible assets. We have identified our reporting units at the component level, or one level below our operating segments. In September 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) 2011-08, which amends the rules for testing goodwill for impairment. Under the new rules, an entity has the option to first assess qualitative factors to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, an entity determines it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, then performing the two-step impairment test is unnecessary. We early adopted ASU 2011-08 for our October 1, 2011 annual goodwill impairment test.

In assessing the qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, we identify and assess relevant drivers of fair value and events and circumstances that may impact the fair value and the carrying amount of the reporting unit. The identification of relevant events and circumstances and how these may impact a reporting unit’s fair value or carrying amount involve significant judgments and assumptions. The judgments and assumptions include the identification of macroeconomic conditions, industry and market considerations, cost factors, overall financial performance, Company-specific events and share price trends, and the assessment of whether each relevant factor will impact the impairment test positively or negatively and the magnitude of any such impact.

If our qualitative assessment concludes that it is more likely than not that impairment exists then a quantitative assessment is required. In a quantitative assessment, we use an income approach and other valuation techniques to estimate the fair value of our reporting units. Absent an indication of fair value from a potential buyer or similar specific transactions, we believe that using this methodology provides reasonable estimates of a reporting unit’s fair value. The income approach is based on projected future debt-free cash flow that is discounted to present value using factors that consider the timing and risk of the future cash flows. We believe that this approach is appropriate because it provides a fair value estimate based upon the reporting unit’s expected long-term operating and cash flow performance. This approach also mitigates most of the impact of cyclical downturns that occur in the reporting unit’s industry. The income approach is based on a reporting unit’s projection of operating results and cash flows that is discounted using a weighted-average cost of capital. The projection is based upon our best estimates of projected economic and market conditions over the related period including growth rates, estimates of future expected changes in operating margins and cash expenditures. Other significant estimates and assumptions include terminal value growth rates, terminal value margin rates, future capital expenditures and changes in future working capital requirements based on management projections. There are inherent uncertainties, however, related to these factors and to our judgment in applying them to this analysis. Nonetheless, we believe that this method provides a reasonable approach to estimate the fair value of our reporting units.

The Company completed its annual goodwill impairment test for each year presented and confirmed no reporting unit was at risk of failing the impairment test for any periods presented herein.

Stock-Based Compensation: The Company follows the provisions of ASC 718, “Compensation — Stock Compensation” (“ASC 718”), which requires all share-based payments to employees, including grants of employee stock options, to be recognized in the income statement based on their fair values. Compensation expense for awards with service conditions only that are subject to graded vesting is recognized on a straight-line basis over the term of the vesting period.

Additional information regarding our share-based compensation program is provided in Note I.

Income Taxes: The Company accounts for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are determined based on temporary differences between the financial reporting and the tax bases of assets and liabilities and are measured using the current enacted tax rates. In determining these amounts, management determined the probability of realizing deferred tax assets, taking into consideration factors including historical operating results, cumulative earnings and losses, expectations of future earnings, taxable income and the extended period of time over which the postretirement benefits will be paid and accordingly records valuation allowances if, based on the weight of available evidence it is more likely than not that some portion or all of our deferred tax assets will not be realized as required by ASC 740, “Income Taxes” (“ASC 740”).

Revenue Recognition: The Company recognizes revenue, other than from long-term contracts, when title is transferred to the customer, typically upon shipment. Revenue from long-term contracts (approximately 11% of consolidated revenue) is accounted for under the percentage of completion method, and recognized on the basis of the percentage each contract’s cost to date bears to the total estimated contract cost. Revenue earned on contracts in process that are in excess of billings, is classified in unbilled contract revenues in the accompanying consolidated balance sheet. Billings that are in excess of revenues earned on contracts in process are classified in accrued expenses in the accompanying balance sheet.

Accounts Receivable and Allowance for Doubtful Accounts: Accounts receivable are recorded at net realizable value. Accounts receivable are reduced by an allowance for amounts that may become uncollectable in the future. The Company’s policy is to identify and reserve for specific collectability concerns based on customers’ financial condition and payment history. During 2012 and 2011, we sold approximately $76,482 and $63,202, respectively, of accounts receivable to mitigate accounts receivable concentration risk and to provide additional financing capacity. In compliance with ASC 860, “Transfers and Servicing”, sales of accounts receivable are reflected as a reduction of accounts receivable in the Consolidated Balance Sheets and the proceeds are included in the cash flows from operating activities in the Consolidated Statements of Cash flows. In 2012 and 2011, a loss in the amount of $314 and $281, respectively, related to the sale of accounts receivable is recorded in the Consolidated Statements of Income. These losses represented implicit interest on the transactions.

Software Development Costs: Software development costs incurred subsequent to establishing feasibility through the general release of the software products are capitalized and included in other assets in the consolidated balance sheet. Technological feasibility is demonstrated by the completion of a working model. All costs prior to the development of the working model are expensed as incurred. Capitalized costs are amortized on a straight-line basis over five years, which is the estimated useful life of the software product. Amortization expense was $1,183, $1,533 and $2,213 in 2012, 2011 and 2010, respectively.

Concentration of Credit Risk: The Company sells its products to customers in diversified industries. The Company performs ongoing credit evaluations of its customers’ financial condition but does not require collateral to support customer receivables. The Company establishes an allowance for doubtful accounts based upon factors surrounding the credit risk of specific customers, historical trends and other information. As of December 31, 2012, the Company had uncollateralized receivables with four customers in the automotive industry, each with several locations, aggregating $18,791, which represented approximately 12% of the Company’s trade accounts receivable. During 2012, sales to these customers amounted to approximately $132,321, which represented approximately 12% of the Company’s net sales.

Shipping and Handling Costs: All shipping and handling costs are included in cost of products sold in the Consolidated Statements of Income.

Environmental: The Company accrues environmental costs related to existing conditions resulting from past or current operations and from which no current or future benefit is discernible. Costs that extend the life of the related property or mitigate or prevent future environmental contamination are capitalized. The Company records a liability when environmental assessments and/or remedial efforts are probable and can be reasonably estimated. The estimated liability of the Company is not reduced for possible recoveries from insurance carriers.

Foreign Currency Translation: The functional currency for a majority of subsidiaries outside the United States is the local currency. Financial statements for these subsidiaries are translated into U.S. dollars at year-end exchange rates as to assets and liabilities and weighted-average exchange rates as to revenues and expenses. The resulting translation adjustments are recorded in accumulated comprehensive income (loss) in shareholders’ equity.

New Accounting Pronouncements

In June 2011, the FASB issued ASU No. 2011-05, “Comprehensive Income (Topic 220): Presentation of Comprehensive Income”. ASU No. 2011-05 amends existing guidance by allowing only two options for presenting the components of net income and other comprehensive income: (1) in a single continuous financial statement, statement of comprehensive income or (2) in two separate but consecutive financial statements, consisting of an income statement followed by a separate statement of other comprehensive income (“OCI”). Also, items that are reclassified from OCI to net income must be presented on the face of the financial statements. ASU No. 2011-05 requires retrospective application, and is effective for fiscal years, and interim periods within those years, beginning after December 15, 2011, with early adoption permitted. In December 2011, the FASB issued ASU No. 2011-12, deferring its requirement that companies present reclassification adjustments for each component of accumulated other comprehensive income in both net income and OCI on the face of the financial statements. Entities continue to be required to present amounts reclassified out of accumulated other comprehensive income on the face of the financial statements or to disclose those amounts in the notes to the financial statements. The requirement to present reclassification adjustments in interim periods was also deferred. However, entities are required to report a total for comprehensive income in condensed financial statements of interim periods in a single continuous statement or in two consecutive statements. The Company adopted ASU No. 2011-05 in the first quarter 2012 and elected to present the components of net income and comprehensive income in two separate but consecutive statements.

In February 2013, the FASB issued ASU 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income,” which requires entities to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, entities are required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, entities are required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail on these amounts. This ASU is effective prospectively for reporting periods beginning after December 15, 2012. The Company is currently evaluating the impact of adopting this guidance.

In May 2011, the FASB amended ASC 820, “Fair Value Measurement.” This amendment is intended to result in convergence between U.S. GAAP and International Financial Reporting Standards (“IFRS”) requirements for measurement of and disclosures about fair value. This guidance clarifies the application of existing fair value measurements and disclosures, and changes certain principles or requirements for fair value measurements and disclosures. The amendment is effective for interim and annual periods beginning after December 15, 2011. The adoption of this amendment did not have a material impact on our consolidated financial statements.

Reclassification: Certain amounts in the prior years’ financial statement have been reclassified to conform to the current year presentation.

- Definition

The entire disclosure for all significant accounting policies of the reporting entity.

+ References+ Details

Segments

12 Months Ended

Dec. 31, 2012

Segments [Abstract]

Segments

NOTE B — Segments

On March 23, 2012, the Company completed the acquisition of Fluid Routing Solutions Holding Corp. (“FRS”), a leading manufacturer of automotive and industrial rubber and thermoplastic hose products and fuel filler and hydraulic fluid assemblies for the automotive and industrial industries. FRS expanded the Company’s sales of assembled components.

During the second quarter of 2012, as a result of the FRS acquisition, the Company realigned its segments in order to better align its business with the underlying markets and customers that the Company serves. In so doing, we combined Aluminum Products, Rubber Products (previously included in the former Manufactured Products segment) and Delo Screw Products (previously included in the Supply Technologies segment) with FRS to form the Assembly Components segment. The former Manufactured Products segment is now referred to as Engineered Products. The results of operations of FRS from the date of the acquisition through December 31, 2012 are included in the Assembly Components segment. The business segment results for the prior years have been reclassified to reflect these changes. Following is a description of each of our three reportable segments.

Supply Technologies provides our customers with Total Supply Management ^TM services for a broad range of high-volume, specialty production components. Total Supply Management^TM manages the efficiencies of every aspect of supplying production parts and materials to our customers’ manufacturing floor, from strategic planning to program implementation, and includes such services as engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing services and ongoing technical support. The principal customers of Supply Technologies are in the heavy-duty truck, automotive and vehicle parts, electrical distribution and controls, consumer electronics, recreational equipment, HVAC, agricultural and construction equipment, semiconductor equipment, plumbing, aerospace and defense, and appliance industries. Assembly Components manufactures cast aluminum components, automotive and industrial rubber and thermoplastic products, fuel filler and hydraulic assemblies for automotive, agricultural equipment, construction equipment, heavy-duty truck and marine equipment industries. Assembly Components also provides value-added services such as design and engineering, machining and assembly. Engineered Products operates a diverse group of niche manufacturing businesses that design and manufacture a broad range of high quality products engineered for specific customer applications. The principal customers of Engineered Products are original equipment manufacturers and end users in the steel, coatings, forging, foundry, heavy-duty truck, construction equipment, automotive, oil and gas, rail and locomotive manufacturing and aerospace and defense industries.

The Company’s sales are made through its own sales organization, distributors and representatives. Intersegment sales are immaterial and eliminated in consolidation and are not included in the figures presented. Intersegment sales are accounted for at values based on market prices. Income allocated to segments excludes certain corporate expenses and interest expense. Identifiable assets by industry segment include assets directly identified with those operations.

Corporate assets generally consist of cash and cash equivalents, deferred tax assets, property and equipment, and other assets.


	Year Ended December 31,
	2012			2011			2010
Net sales:
Supply Technologies	$	489,651		$	486,571		$	397,038
Assembly Components		304,003			157,764			173,555
Engineered Products		340,388			322,238			242,929

	$	1,134,042		$	966,573		$	813,522

Segment operating income:
Supply Technologies	$	33,748		$	31,303		$	21,738
Assembly Components		19,944			1,425			6,972
Engineered Products		55,040			45,289			28,827

		108,732			78,017			57,537
Corporate costs		(18,925	)		(16,274	)		(15,195	)
Settlement of litigation		(13,000	)		—			—
Gain on acquisition of business		—			—			2,210
Restructuring and asset impairment charge		—			(5,359	)		(3,539	)
Interest expense (includes $305 and $7,335 of debt extinguishment costs in 2012 and 2011)		(26,350	)		(32,152	)		(23,792	)

Income before income taxes	$	50,457		$	24,232		$	17,221

Identifiable assets:
Supply Technologies	$	207,002		$	225,346		$	215,147
Assembly Components		230,049			73,065			82,819
Engineered Products		199,362			195,834			174,185
General corporate		90,207			120,527			80,381

	$	726,620		$	614,772		$	552,532

Depreciation and amortization expense:
Supply Technologies	$	3,885		$	4,555		$	5,205
Assembly Components		9,475			7,180			7,967
Engineered Products		3,153			3,900			3,589
General corporate		1,478			542			371

	$	17,991		$	16,177		$	17,132

Capital expenditures:
Supply Technologies	$	1,632		$	1,308		$	1,414
Assembly Components		22,115			7,747			707
Engineered Products		3,132			895			1,786
General corporate		2,746			2,723			44

	$	29,625		$	12,673		$	3,951

The percentage of net sales by product line included in each segment was as follows:


	Year Ended December 31,
	2012			2011			2010
Supply Technologies:
Supply Technologies		87	%		88	%		88	%
Engineered specialty products		12	%		11	%		11	%
Other		1	%		1	%		1	%

		100	%		100	%		100	%

Assembly Components:
Fluid routing		50	%		—			—
Aluminum products		39	%		81	%		83	%
Rubber and plastics		9	%		15	%		14	%
Screw products		2	%		4	%		3	%

		100	%		100	%		100	%

Engineered Products:
Capital equipment		80	%		81	%		81	%
Forged and machined products		20	%		19	%		19	%

		100	%		100	%		100	%

The Company’s approximate percentage of net sales by geographic region was as follows:


	Year Ended December 31,
	2012			2011			2010
United States		77	%		76	%		73	%
Asia		6	%		9	%		10	%
Canada		8	%		5	%		6	%
Mexico		4	%		3	%		3	%
Europe		4	%		5	%		5	%
Other		1	%		2	%		3	%

		100	%		100	%		100	%

The basis for attributing revenue to individual countries is final shipping destination.

At December 31, 2012, 2011 and 2010, approximately 81%, 68% and 75%, respectively, of the Company’s assets were maintained in the United States.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 131

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details

Acquisitions

12 Months Ended

Dec. 31, 2012

Acquisitions [Abstract]

Acquisitions

NOTE C — Acquisitions

On March 23, 2012, the Company completed the acquisition of FRS, a leading manufacturer of automotive and industrial rubber and thermoplastic hose products and fuel filler and hydraulic fluid assemblies, in an all cash transaction valued at $95,962, net of cash acquired. FRS products include fuel filler, hydraulic, and thermoplastic assemblies and several forms of manufactured rubber and thermoplastic hose, including bulk and formed fuel, power steering, transmission oil cooling, hydraulic and thermoplastic hose. FRS sells to automotive and industrial customers throughout North America, Europe and Asia. FRS has five production facilities located in Florida, Michigan, Ohio, Tennessee and the Czech Republic. FRS is included in the Company’s Assembly Components segment and had revenues of $152,445 and net income of $7,140 for the period from the date acquired through December 31, 2012. The Company funded the acquisition with cash of $40,000, a $25,000 seven-year amortizing term loan provided by the Credit Agreement and secured by accounts receivable, inventory, certain real estate and machinery and equipment of the Company and $33,772 of borrowings under the revolving credit facility provided by the Credit Agreement. The acquisition was accounted for under the acquisition method of accounting. Under the acquisition method of accounting, the total estimated purchase price is allocated to FRS’ net tangible assets and intangible assets acquired and liabilities assumed based on their estimated fair values as of March 23, 2012, the effective date of the acquisition. Based on management’s valuation of the fair value of tangible and intangible assets acquired and liabilities assumed, which are based on estimates and assumptions, the preliminary purchase price is allocated as follows:


Cash and cash equivalents	$	2,810
Accounts receivable		30,920
Inventories		12,355
Prepaid expenses and other current assets		2,674
Property, plant and equipment		30,258
Customer relationships		29,400
Trademarks and trade name		11,500
Other assets		212
Accounts payable		(17,815	)
Accrued expenses		(15,599	)
Deferred tax liability		(26,424	)
Other long-term liabilities		(776	)
Goodwill		39,257

Total purchase price	$	98,772

There were $1,139 of direct transaction costs included in selling, general and administrative expenses during the year ended December 31, 2012 related to the acquisition of FRS.

The following pro forma information gives effect to the Company’s acquisition of FRS as if the acquisition occurred on January 1, 2011 and FRS had been included in the Company’s Consolidated Statements of Income for the years ended December 31, 2012 and 2011.


	Years ended December 31,
	2012		2011
(Unaudited)
Pro forma revenues	$	1,184,911	$	1,152,072
Pro forma net income	$	39,134	$	39,436
Earnings per share:
Basic	$	3.28	$	3.41
Diluted	$	3.23	$	3.29

The historical consolidated financial information of the Company and FRS has been adjusted in the pro forma information to give effect to adjustments that are: (1) directly related to the business combination; (2) factually supportable; and (3) expected to have a continuing impact on the combined results.

On November 30, 2012, the Company completed the acquisition of Elastomeros Tecnicos Moldeados Inc, (“ETM”) for $1,082 in cash, $500 in promissory notes payable and $125 annually in each of the next four years, if ETM achieves certain earnings levels. ETM is a provider of molded rubber products and has been integrated into the Company’s Assembly Components segment. The acquisition was accounted for under the acquisition method of accounting. Under the acquisition method of accounting, the purchase price is allocated to ETM’s tangible and intangible assets acquired and liabilities assumed based on their estimated fair values as of November 30, 2012, the effective date of the acquisition. Based on the preliminary purchase price allocation, goodwill of $960 was recorded.

Direct transaction costs associated with this acquisition during the year ended December 31, 2012 were not material. Assuming this acquisition had taken place at the beginning of 2011, pro forma results would not have been materially different.

Effective August 31, 2010, the Company completed the acquisition of certain assets and assumed specific liabilities relating to Assembly Components Systems (“ACS”) business unit of Lawson Products, Inc. The net assets acquired were integrated into the Company’s Supply Technologies business segment. The fair value of the net assets acquired exceeded the total purchase price and, accordingly, resulted in a gain on acquisition of business of $2,210. On September 30, 2010, the Company entered a Bill of Sale with Rome Die Casting LLC (“Rome”), a producer of aluminum high pressure die castings. The assets of Rome were integrated into the Company’s Assembly Components segment. On December 31, 2010, the Company, through its subsidiary Ajax Tocco Magnathermic, acquired the assets and the related induction heating intellectual property of ABP Induction’s United States heating business operating as Pillar Induction (“Pillar”). The assets of Pillar have been integrated into the Company’s Engineered Products segment. The acquisitions of Rome and Pillar were accounted for under the acquisition method of accounting and resulted in goodwill of $4,572 and $990, respectively.

The following unaudited pro forma information is provided to present a summary of the combined results of the Company’s operations with ACS, Rome and Pillar as if the acquisitions had occurred on January 1, 2009. The unaudited pro forma financial information is for informational purposes only and is not necessarily indicative of what the results would have been had the acquisitions been completed at the date indicated above.


	December 31, 2010
(Unaudited)
Pro forma revenues	$	881,271
Pro forma net income	$	15,072
Earnings per share:
Basic	$	1.33
Diluted	$	1.28

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 67-73

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 88-16

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141

-Paragraph 51, 52

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+ Details

Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2012

Goodwill and Other Intangible Assets [Abstract]

Goodwill and Other Intangible Assets

NOTE D — Goodwill and Other Intangible Assets

The changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2012, 2011 and 2010 were as follows:


	Supply Technologies		Assembly Components		Engineered Products			Total
Balance at January 1, 2010	$	—	$	—	$	4,155		$	4,155
Foreign currency translation		—		—		(211	)		(211	)
Acquisitions		—		4,572		584			5,156

Balance at December 31, 2010		—		4,572		4,528			9,100
Foreign currency translation		—		—		(43	)		(43	)
Finalization of Pillar purchase price allocation		—		—		406			406

Balance at December 31, 2011		—		4,572		4,891			9,463
Foreign currency translation		—		—		35			35
Acquisitions		—		40,217		—			40,217

Balance at December 31, 2012	$	—	$	44,789	$	4,926		$	49,715

Other intangible assets were acquired in connection with acquisitions. Information regarding other intangible assets as of December 31, 2012 and 2011 follows:


			2012						2011
	Acquisition Costs		Accumulated Amortization		Net		Acquisition Costs		Accumulated Amortization		Net
Non-contractual customer relationships	$	41,720	$	5,724	$	35,996	$	11,670	$	3,320	$	8,350
Other		3,420		1,336		2,084		3,420		1,046		2,374

	$	45,140	$	7,060		38,080	$	15,090	$	4,366		10,724

Indefinite-lived tradenames						11,500						—
Goodwill						49,715						9,463

Goodwill and other intangible assets					$	99,295					$	20,187

Amortization of other intangible assets was $2,511 for the year ended December 31, 2012, $1,449 for the year ended December 31, 2011 and $745 for the year ended December 31, 2010. Amortization expense for each of the five years following December 31, 2012 is approximately $3,139 in 2013 and $3,081 for each of the four subsequent years thereafter. The weighted-average amortization period for the acquired intangible assets was 13.3 years for non-contractual customer relationships and 12.2 years for other intangible assets.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References+ Details

Other Assets

12 Months Ended

Dec. 31, 2012

Other Assets [Abstract]

Other Assets

NOTE E — Other Assets

Other assets consists of the following:


	December 31,
	2012		2011
Pension assets	$	52,949	$	49,575
Deferred financing costs, net		6,970		7,253
Software development costs		791		1,920
Other		2,187		5,085

Totals	$	62,897	$	63,833

Accrued Expenses

12 Months Ended

Dec. 31, 2012

Accrued Expenses [Abstract]

Accrued Expenses

NOTE F — Accrued Expenses

Accrued expenses include the following:


	December 31,
	2012		2011
Accrued salaries, wages and benefits	$	20,117	$	15,771
Advance billings		27,165		30,180
Warranty accrual		6,889		4,208
Interest payable		5,497		5,106
Taxes, income and other		6,092		4,331
Other		17,568		14,887

Totals	$	83,328	$	74,483

Substantially all advance billings relate to the Company’s capital equipment business unit. Warranty liabilities are primarily associated with the Company’s capital equipment business unit and the fluid routing solutions business.

The changes in the aggregate product warranty liability are as follows for the year ended December 31, 2012, 2011 and 2010:


	2012			2011			2010
Balance at beginning of year	$	4,208		$	4,046		$	2,760
Claims paid during the year		(6,030	)		(3,421	)		(1,260	)
Warranty expense		5,395			3,583			2,294
Acquired warranty liabilities		3,316			—			—
Other		—			—			252

Balance at end of year	$	6,889		$	4,208		$	4,046

Financing Arrangements

12 Months Ended

Dec. 31, 2012

Financing Arrangements [Abstract]

Financing Arrangements

NOTE G — Financing Arrangements

Long-term debt consists of the following:


	December 31,
	2012		2011
8.125% senior notes due 2021	$	250,000	$	250,000
Revolving credit		101,879		93,000
Term loan		22,321		—
Other		4,478		4,580

		378,678		347,580
Less current maturities		4,411		1,415

Total	$	374,267	$	346,165

On April 7, 2011, the Company completed the sale of $250,000 in the aggregate principal amount of 8.125% senior notes due 2021 (the “Notes”). The Notes bear an interest rate of 8.125% per annum, payable semi-annually in arrears on April 1 and October 1 of each year commencing on October 1, 2011. The Notes mature on April 1, 2021. The Company is a party to a credit and security agreement dated November 5, 2003, as amended (the “Credit Agreement”) with a group of banks, under which it may borrow or issue standby letters of credit or commercial letters of credit. On March 23, 2012, the Credit Agreement was amended and restated to, among other things, increase the revolving loan commitment from $200,000 to $220,000, and provide a term loan for $25,000. The Company may increase the commitment by an additional $30,000 during the term of the Credit Agreement. The Credit Agreement is secured by accounts receivable, inventory, certain real estate and machinery and equipment. At December 31, 2012, in addition to amounts borrowed under the revolving credit facility, there was $9,001 outstanding for standby letters of credit. An annual fee of up to .5% is imposed by the bank on the unused borrowing capacity and is based on the total aggregate credit facility used. Amounts borrowed under the revolving credit facility may be borrowed at either LIBOR plus 1.75% to 2.75% or the bank’s prime lending rate minus .25% to 1.00% at the Company’s election. The interest rate is dependent on the Company’s debt service coverage ratio, as defined in the Credit Agreement. Under the Credit Agreement, a detailed borrowing base formula provides borrowing availability to the Company based on percentages of eligible accounts receivable and inventory. The interest rate on the revolving credit facility was 2.0% at December 31, 2012. At December 31, 2012 the Company had approximately $60,364 of unused borrowing capacity available under the revolving credit facility. Interest on the term loan is at either (i) LIBOR plus 2.75% or (ii) the bank’s prime lending rate plus .25%, at the Company’s election. The term loan is amortized based on a seven-year schedule with the balance due at maturity (April 7, 2016). The interest rate on the term loan was 3.14% at December 31, 2012.

Maturities of long-term debt during each of the five years following December 31, 2012 are approximately $4,411 in 2013, $4,413 in 2014, $4,416 in 2015, $114,332 in 2016 and $741 in 2017.

Foreign subsidiaries of the Company had no borrowings at December 31, 2012 and 2011, respectively and outstanding bank guarantees of approximately $9,161 at December 31, 2012 under their credit arrangements.

The Notes are general unsecured senior obligations of the Company and are fully and unconditionally guaranteed on a joint and several basis by all material domestic subsidiaries of the Company. Provisions of the indenture governing the Notes and the Credit Agreement contain restrictions on the Company’s ability to incur additional indebtedness, to create liens or other encumbrances, to make certain payments, investments, loans and guarantees and to sell or otherwise dispose of a substantial portion of assets or to merge or consolidate with an unaffiliated entity. At December 31, 2012, the Company was in compliance with all financial covenants of the Credit Agreement.

The weighted average interest rate on all debt was 6.15% at December 31, 2012.

The carrying value of cash and cash equivalents, accounts receivable, accounts payable and borrowings under the Credit Agreement approximate fair value at December 31, 2012 and 2011. The approximate fair value of the Notes was $266,250 at December 31, 2012 and $247,500 at December 31, 2011. The fair value of the Notes is estimated based on a third-party’s bid price, which was determined to be a Level 1 input.

In connection with the sale of the Notes, the Company incurred debt extinguishment costs related primarily to premiums and other transaction costs and wrote off deferred financing costs totaling $7,335 in 2011. In connection with the amendment to the Credit Agreement in 2012, the Company wrote off deferred financing costs of $305.

Income Taxes

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Income Taxes

NOTE H — Income Taxes

Income from continuing operations before income tax expense consists of the following:


	Year Ended December 31
	2012		2011		2010
United States	$	35,027	$	13,844	$	6,723
Outside the United States		15,430		10,388		10,498

	$	50,457	$	24,232	$	17,221

Income taxes consisted of the following:


	Year Ended December 31,
	2012			2011			2010
Current expense (benefit):
Federal	$	5,920		$	(41	)	$	61
State		812			497			573
Foreign		4,400			7,158			2,526

		11,132			7,614			3,160
Deferred expense (benefit):
Federal		7,522			(9,661	)		(2,014	)
State		(262	)		(2,563	)		689
Foreign		279			(593	)		199

		7,539			(12,817	)		(1,126	)

Income tax expense (benefit)	$	18,671		$	(5,203	)	$	2,034

The reasons for the difference between income tax expense and the amount computed by applying the statutory federal income tax rate to income before income taxes for the years ended December 31, 2012, 2011 and 2010 are as follows:


Rate Reconciliation	2012			2011			2010
Tax at statutory rate	$	17,660		$	8,477		$	6,027
Effect of state income taxes, net		920			153			1,048
Effect of foreign operations		(71	)		2,910			1,472
Valuation allowance, federal and foreign		(167	)		(16,820	)		(6,475	)
Non-deductable items		577			378			480
Gain on asset purchase		—			—			(772	)
Other, net		(248	)		(301	)		254

Total	$	18,671		$	(5,203	)	$	2,034

Significant components of the Company’s net deferred tax assets and liabilities are as follows:


	December 31,
	2012			2011
Deferred tax assets:
Postretirement benefit obligation	$	7,031		$	6,970
Inventory		11,522			11,682
Net operating loss and credit carryforwards		5,290			9,677
Goodwill		626			1,862
Other		13,166			12,725

Total deferred tax assets		37,635			42,916
Deferred tax liabilities:
Depreciation and amortization		8,707			83
Inventory		611			—
Pension		19,176			17,491
Intangible assets and other		16,556			1,764

Total deferred tax liabilities		45,050			19,338

Net deferred tax (liabilities) assets prior to valuation allowances		(7,415	)		23,578
Valuation allowances		(4,242	)		(4,409	)

Net deferred tax (liability) asset	$	(11,657	)	$	19,169

At December 31, 2012, the Company has state and foreign net operating loss carryforwards for income tax purposes. The foreign net operating loss carryforward is $2,760, of which $650 expires in 2022 and the remainder has no expiration date. The Company also has a tax benefit from a state net operating loss carryforward of $4,804 that expires between 2013 and 2032. The Company also has alternative minimum tax credit carryforwards of $879 that have no expiration date.

The Company is subject to taxation in the U.S. and various state and foreign jurisdictions. The Company’s tax years for 2009 through 2012 remain open for examination by the U.S. and various state and foreign taxing authorities.

As of December 31, 2012 and 2011, the Company was not in a cumulative three-year loss position and it was determined that it was more likely than not that its U.S. deferred tax assets will be realized. As of December 31, 2012, the Company reversed a valuation allowance of $328 against its state net operating loss carryforward and as of December 31, 2011, the Company reversed a valuation allowance of $16,820 against its U.S. deferred tax assets. As of December 31, 2012 and 2011, the Company recorded valuation allowances of $161 and $565, respectively, against certain foreign net deferred tax assets. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income (including reversals of deferred tax liabilities). The Company reviews all valuation allowances related to deferred tax assets and will reverse these valuation allowances, partially or totally, when appropriate under ASC 740.

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:


	2012			2011			2010
Unrecognized Tax Benefit — January 1,	$	5,977		$	6,142		$	5,718
Gross Increases — Tax Positions in Prior Period		123			32			283
Gross Decreases — Tax Positions in Prior Period		(2	)		(129	)		(4	)
Gross Increases — Tax Positions in Current Period		60			135			341
Settlements		—			—			(18	)
Lapse of Statute of Limitations		(70	)		(203	)		(178	)

Unrecognized Tax Benefit — December 31,	$	6,088		$	5,977		$	6,142

The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate is $4,870 at December 31, 2012 and $4,794 at December 31, 2011. The Company recognizes accrued interest and penalties related to unrecognized tax benefits in income tax expense. During the year ended December 31, 2012 and 2011, the Company recognized approximately $58 and $19, respectively, in net interest and penalties. The Company had approximately $759 and $701 for the payment of interest and penalties accrued at December 31, 2012 and 2011, respectively. The Company does not expect that the unrecognized tax benefit will change significantly within the next twelve months.

Deferred taxes have not been provided on approximately $77,221 of undistributed earnings of the Company’s foreign subsidiaries as it is the Company’s policy and intent to permanently reinvest such earnings. The Company has determined that it is not practicable to determine the unrecognized tax liability on such undistributed earnings.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 136, 172

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 43, 44, 45, 46, 47, 48, 49

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

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-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

+ Details

Stock Plan

12 Months Ended

Dec. 31, 2012

Stock Plan [Abstract]

Stock Plan

NOTE I — Stock Plan

Under the provisions of the Company’s 1998 Long-Term Incentive Plan, as amended (“1998 Plan”), which is administered by the Compensation Committee of the Company’s Board of Directors, incentive stock options, non-statutory stock options, stock appreciation rights (“SARs”), restricted shares, performance shares or stock awards may be awarded to directors and all employees of the Company and its subsidiaries. Stock options will be exercisable in whole or in installments as may be determined provided that no options will be exercisable more than ten years from date of grant. The exercise price will be the fair market value at the date of grant. The aggregate number of shares of the Company’s common stock that may be awarded under the 1998 Plan is 3,700,000, all of which may be incentive stock options. No more than 500,000 shares shall be the subject of awards to any individual participant in any one calendar year.

There were no stock options awarded in 2012, 2011 and 2010.

A summary of stock option activity as of December 31, 2012 and changes during the year then ended is presented below:


	2012
	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding — beginning of year		228,334		$	14.58
Granted		—			—
Exercised		(38,250	)		12.52
Canceled or expired		(3,750	)		13.40

Outstanding — end of year		186,334		$	15.02		3.5 years	$	1,172
Options exercisable		186,334			15.02		3.5 years		1,172

Exercise prices for options outstanding as of December 31, 2012 range from $3.05 to $6.28, $14.12 to $15.61 and $20.00 to $24.92. The number of options outstanding and exercisable at December 31, 2012, which correspond with these ranges, are 29,500, 116,834 and 40,000, respectively. The weighted average contractual life of these options is 3.5 years.

The fair value provisions for option awards resulted in compensation expense of $15, $98, and $272 (before tax), for 2012, 2011 and 2010, respectively.

The total intrinsic value of options exercised during the years ended December 31, 2012, 2011 and 2010 was $755, $3,609 and $368, respectively. Net cash proceeds from the exercise of stock options were $479, $494 and $150, respectively.

In 2012, the Company awarded an employee the option to purchase up to an aggregate of $500 of common stock at its then current market value at a 20% discount and recognized compensation expense of $125.

A summary of restricted share activity for the year ended December 31, 2012 is as follows:


	2012
	Number of Shares			Weighted Average Grant Date Fair Value
Outstanding — beginning of year		393,094		$	9.77
Granted		258,000			19.57
Vested		(233,551	)		9.19
Canceled or expired		(32,375	)		15.73

Outstanding — end of year		385,168		$	14.94

The Company recognized compensation expense of $2,584, $1,988 and $1,463 for the years ended December 31, 2012, 2011 and 2010, respectively, relating to restricted shares.

The total fair value of restricted stock units vested during the years ended December 31, 2012, 2011 and 2010 was $4,642, $3,986, and $4,043, respectively.

The Company recognizes compensation cost of all share-based awards as an expense on a straight-line basis over the vesting period of the awards.

As of December 31, 2012, the Company had unrecognized compensation expense of $5,549, before taxes, related to stock option awards and restricted shares. The unrecognized compensation expense is expected to be recognized over a total weighted average period of 2.1 years.

The number of shares available for future grants for all plans at December 31, 2012 is 491,003.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 50

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

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-Publisher AICPA

-Name Statement of Position (SOP)

-Number 93-6

-Paragraph 53

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

-Topic 718

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-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64, 65, A240

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

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-Topic 718

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

+ Details

Commitments and Contingencies

12 Months Ended

Dec. 31, 2012

Commitments and Contingencies [Abstract]

Commitments and Contingencies

NOTE J — Commitments and Contingencies

The Company is subject to various pending and threatened legal proceedings arising in the ordinary course of business. Although the Company cannot precisely predict the amount of any liability that may ultimately arise with respect to any of these matters, the Company records provisions when it considers the liability probable and reasonably estimable. Our provisions are based on historical experience and legal advice, reviewed quarterly and adjusted according to developments. Estimating probable losses requires the analysis of multiple forecasted factors that often depend on judgments about potential actions by third parties, such as regulators, courts, and state and federal legislatures. Changes in the amounts of our loss provisions, which can be material, affect our financial condition. Due to the inherent uncertainties in the process undertaken to estimate potential losses, we are unable to estimate an additional range of loss in excess of our accruals. While it is reasonably possible that such excess liabilities, if they were to occur, could be material to operating results in any given quarter or year of their recognition, we do not believe that it is reasonably possible that such excess liabilities would have a material adverse effect on our long-term results of operations, liquidity or consolidated financial position.

Our subsidiaries are involved in a number of contractual and warranty related disputes. At this time, we cannot reasonably determine the probability of a loss, and the timing and amount of loss, if any, cannot be reasonably estimated. We believe that appropriate liabilities for these contingencies have been recorded; however, actual results may differ materially from our estimates.

One of our subsidiaries, Ajax Tocco Magnethermic (“ATM”), which is included in the Engineered Products segment, was a party to a binding arbitration proceeding pending in South Africa with its customer Evraz Highveld Steel and Vanadium (“Evraz”). The arbitration involved a dispute over the design and installation of a melting furnace. Evraz sought binding arbitration in September 2011 for breach of contract and sought compensatory damages in the amount of $37,000, as well as fees and expenses related to the arbitration. ATM counterclaimed in the arbitration, alleging breach of contract for non-payment of $2,700 as well as fees and expenses related to the arbitration. The arbitration was scheduled to commence in June 2012. Prior to the start of the arbitration, after complete evaluation of Evraz’s evidence, consideration of the jurisdiction of the matter, the uncertainty of a specific outcome and other pertinent facts noted in preparation for the arbitration, we entered into a settlement agreement with Evraz pursuant to which we agreed to settle all claims subject to the arbitration proceeding by paying Evraz $13,000 in cash, which payment was made in June 2012. The $2,700 amount receivable from Evraz had been previously reserved and was written off in conjunction with the settlement.

ATM is the defendant in a lawsuit pending in the United States District Court for the Eastern District of Arkansas. The plaintiff is IPSCO Tubulars Inc. d/b/a TMK IPSCO. The complaint alleges claims for breach of contract, gross negligence and constructive fraud. TMK IPSCO is seeking approximately $6,000 in direct and $4,000 in consequential damages as well as an unspecified amount of punitive damages. ATM denies the allegations against it, believes it has a number of meritorious defenses and is vigorously defending the lawsuit. A motion for partial summary judgment, which was recently filed by ATM, is currently pending before the district court. A bench trial is set to begin in April of 2013.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 460

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Interpretation (FIN)

-Number 14

-Paragraph 3

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 440

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.25)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 20

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-Paragraph 1

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Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 9, 10, 11, 12

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Pensions and Postretirement Benefits

12 Months Ended

Dec. 31, 2012

Pensions and Postretirement Benefits [Abstract]

Pensions and Postretirement Benefits

NOTE K — Pensions and Postretirement Benefits

The Company and its subsidiaries have pension plans, principally noncontributory defined benefit or noncontributory defined contribution plans, covering substantially all employees. In addition, the Company has an unfunded postretirement benefit plan. In April 2011, the Company amended one of its plans to cover most U.S. employees not covered by collective bargaining agreements using a cash balance formula, which increased the 2011 benefit obligation by approximately $1,100. Under a cash balance formula, a plan participant accumulates a retirement benefit consisting of pay credits that are based upon a percentage of current eligible earnings and current interest credits. For the remaining defined benefit plans, benefits are based on the employee’s years of service. For the defined contribution plans, the costs charged to operations and the amount funded are based upon a percentage of the covered employees’ compensation.

The following tables set forth the change in benefit obligation, plan assets, funded status and amounts recognized in the consolidated balance sheet for the defined benefit pension and postretirement benefit plans as of December 31, 2012 and 2011:


	Pension						Postretirement Benefits
	2012			2011			2012			2011
Change in benefit obligation
Benefit obligation at beginning of year	$	52,259		$	49,672		$	18,559		$	18,432
Service cost		2,157			1,627			49			52
Interest cost		2,243			2,329			771			857
Actuarial losses		4,318			3,015			1,143			1,346
Benefits and expenses paid, net of contributions		(4,545	)		(4,384	)		(2,040	)		(2,128	)

Benefit obligation at end of year	$	56,432		$	52,259		$	18,482		$	18,559

Change in plan assets
Fair value of plan assets at beginning of year	$	101,834		$	110,458		$	—		$	—
Actual return (loss) on plan assets		13,692			(2,740	)		—			—
Company contributions		—			—			2,040			2,128
Cash transfer to fund postretirement benefit payments		(1,600	)		(1,500	)		—			—
Benefits and expenses paid, net of contributions		(4,545	)		(4,384	)		(2,040	)		(2,128	)

Fair value of plan assets at end of year	$	109,381		$	101,834		$	—		$	—

Funded (underfunded) status of the plans	$	52,949		$	49,575		$	(18,482	)	$	(18,559	)

Amounts recognized in the consolidated balance sheets consist of:


	Pension						Postretirement Benefits
	2012			2011			2012		2011
Noncurrent assets	$	52,949		$	49,575		$	—	$	—
Noncurrent liabilities		—			—			16,576		16,557
Current liabilities		—			—			1,906		2,002

	$	52,949		$	49,575		$	18,482	$	18,559

Amounts recognized in accumulated other comprehensive (income) loss
Net actuarial loss	$	20,275		$	22,345		$	7,592	$	7,052
Net prior service cost		104			148			—		—
Net transition (asset)		(51	)		(91	)		—		—

Accumulated other comprehensive loss	$	20,328		$	22,402		$	7,592	$	7,052

As of December 31, 2012 and 2011, the Company’s defined benefit pension plans did not hold a material amount of shares of the Company’s common stock.

The pension plan weighted-average asset allocation at December 31, 2012 and 2011 and target allocation for 2013 are as follows:


				Plan Assets
	Target 2013			2012			2011
Asset Category
Equity securities		45-75	%		64.4	%		66.4	%
Debt securities		10-40			27.8			24.6
Other		0-20			7.8			9.0

		100	%		100	%		100	%

The following table sets forth, by level within the fair value hierarchy, the pension plans assets:


	2012								2011
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Collective trust and pooled insurance funds:
Common stock	$	40,082	$	2,468	$	—	$	42,550	$	40,649	$	2,088	$	—	$	42,737
Equity Funds		23,852		—		—		23,852		21,102		—		—		21,102
Foreign Stock		4,099		—		—		4,099		3,820		—		—		3,820
U.S. Government obligations		6,460		—		—		6,460		7,176		—		—		7,176
Fixed income funds		17,079		—		—		17,079		12,492		—		—		12,492
Corporate Bonds		6,838		—		—		6,838		5,420		—		—		5,420
Cash and Cash Equivalents		1,970		—		—		1,970		2,964		—		—		2,964
Hedge funds		—		—		6,374		6,374		—		—		5,936		5,936
Other		159		—		—		159		187		—		—		187

	$	100,539	$	2,468	$	6,374	$	109,381	$	93,810	$	2,088	$	5,936	$	101,834

The fair value hierarchy has three levels based on the reliability of the inputs used to determine the fair value. Level 1 refers to the fair value determined based on unadjusted quoted prices for identical assets in active markets. Level 2 refers to the fair values based on quoted markets that are not active, quoted prices for similar assets in active markets, and inputs that are observable for the asset either directly or indirectly, for substantially the full term of the asset and inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 refers to fair value based on prices or valuation techniques that require inputs that are both unobservable and significant to the fair value measurement.

The following table presents a reconciliation of Level 3 assets held during the years ended December 31, 2012 and 2011.


	Balance Beginning of Year		Net Unrealized Gain (Loss)			Purchases		Balance End of Year
Hedge Funds:
2012	$	5,936	$	438		$	—	$	6,374

2011	$	—	$	(64	)	$	6,000	$	5,936

The following tables summarize the assumptions used in the valuation of pension and postretirement benefit obligations at December 31 and to measure the net periodic benefit cost in the following year.


	Weighted-Average assumptions as of December 31,
	Pension									Postretirement Benefits
	2012			2011			2010			2012			2011			2010
Discount rate		3.66	%		4.50	%		5.00	%		3.35	%		4.50	%		5.00	%
Expected return on plan assets		8.25	%		8.25	%		8.25	%		N/A			N/A			N/A
Rate of compensation increase		2.00	%		2.00	%		N/A			N/A			N/A			N/A

In determining its expected return on plan assets assumption for the year ended December 31, 2012, the Company considered historical experience, its asset allocation, expected future long-term rates of return for each major asset class, and an assumed long-term inflation rate. Based on these factors, the Company derived an expected return on plan assets for the year ended December 31, 2012 of 8.25%. This assumption was supported by the asset return generation model, which projected future asset returns using simulation and asset class correlation.

For measurement purposes, a 7.0% and a 7.25% annual rate of increase in the per capita cost of covered medical health care benefits and drug benefits, respectively were assumed for 2012. The rates were assumed to decrease gradually to 5.0% for medical and drug for 2042 and remain at that level thereafter.


	Pension Benefits									Postretirement Benefits
	2012			2011			2010			2012			2011			2010
Components of net periodic benefit cost
Service costs	$	2,157		$	1,627		$	295		$	49		$	52		$	31
Interest costs		2,243			2,329			2,596			771			857			959
Expected return on plan assets		(8,231	)		(8,950	)		(7,932	)		—			—			—
Transition obligation		(40	)		(40	)		(40	)		—			—			—
Amortization of prior service cost		44			44			61			(96	)		(96	)		(96	)
Recognized net actuarial loss		927			—			366			699			449			381

Benefit (income) costs	$	(2,900	)	$	(4,990	)	$	(4,654	)	$	1,423		$	1,262		$	1,275

Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive (income) loss
AOCI at beginning of year	$	22,402		$	7,701		$	15,900		$	7,052		$	6,059		$	4,980
Net (gain)/loss arising during the year		(1,143	)		14,704			(7,811	)		1,143			1,346			1,364
Recognition of prior service cost/(credit)		(44	)		(44	)		(62	)		96			96			96
Recognition of (gain)/loss		(887	)		41			(326	)		(699	)		(449	)		(381	)

Total recognized in accumulated other comprehensive loss at end of year	$	20,328		$	22,402		$	7,701		$	7,592		$	7,052		$	6,059

The estimated net loss, prior service cost and net transition obligation for the defined benefit pension plans that will be amortized from accumulated other comprehensive income into net periodic benefit cost over the year ending December 31, 2013 are $(731), $44 and $(40), respectively.

The estimated net loss and prior service cost for the postretirement plans that will be amortized from accumulated other comprehensive income into net periodic benefit cost over the year ending December 31, 2013 is $802 and $(96), respectively.

Below is a table summarizing the Company’s expected future benefit payments and the expected payments due to Medicare subsidy over the next ten years:


			Postretirement Benefits
	Pension Benefits		Gross		Expected Medicare Subsidy		Net including Medicare Subsidy
2013	$	4,072	$	2,140	$	234	$	1,906
2014		4,067		2,040		223		1,817
2015		4,044		1,930		210		1,720
2016		4,051		1,780		197		1,583
2017		4,236		1,660		182		1,478
2018 to 2022		21,569		6,656		739		5,917

The Company has a postretirement benefit plan. Under the plan, health care benefits are provided on both a contributory and noncontributory basis. The assumed health care cost trend rate has a significant effect on the amounts reported. A one-percentage-point change in the assumed health care cost trend rate would have the following effects:


	1-Percentage Point Increase		1-Percentage Point Decrease
Effect on total of service and interest cost components in 2012	$	63	$	(56	)
Effect on postretirement benefit obligation as of December 31, 2012	$	1,501	$	(1,328	)

The Company expects to have no contributions to its defined benefit plans in 2013.

In January 2008, a Supplemental Executive Retirement Plan (“SERP”) for the Company’s Chairman of the Board of Directors and Chief Executive Officer (“CEO”) was approved by the Compensation Committee of the Board of Directors of the Company. The SERP provides an annual supplemental retirement benefit for up to $375 upon the CEO’s termination of employment with the Company. The vested retirement benefit will be equal to a percentage of the Supplemental Pension that is equal to the ratio of the sum of his credited service with the Company prior to January 1, 2008 (up to a maximum of thirteen years), and his credited service on or after January 1, 2008 (up to a maximum of seven years) to twenty years of credited service. In the event of a change in control before the CEO’s termination of employment, he will receive 100% of the Supplemental Pension. The Company recorded an expense of $476 in 2012 related to the SERP and $389 in 2011 and 2010. Additionally, a non-qualified defined contribution retirement benefit was also approved in which the Company will credit $94 quarterly ($375 annually) for a seven-year period to an account in which the CEO will always be 100% vested. The seven year period began on March 31, 2008.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 158

-Paragraph 7, 21, 22

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-Name FASB Staff Position (FSP)

-Number FAS106-2

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-Name Implementation Guide (Q and A)

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-Name Statement of Financial Accounting Standard (FAS)

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+ Details

Leases

12 Months Ended

Dec. 31, 2012

Leases [Abstract]

Leases

NOTE L — Leases

Future minimum lease commitments during each of the five years following December 31, 2012 and thereafter are as follows: $12,588 in 2013, $9,149 in 2014, $6,858 in 2015, $5,416 in 2016, $4,102 in 2017 and $7,333 thereafter. Rental expense for 2012, 2011 and 2010 was $15,799, $16,363 and $13,068, respectively.

Certain of the Company’s leases are with related parties at an annual rental expense of approximately $2,560. Transactions with related parties are in the ordinary course of business, are conducted on an arms length basis, and are not material to the Company’s financial position, results of operations or cash flows.

During 2012, we entered into sales leaseback transactions for certain equipment. No gains or losses resulted from these transactions and the leases are being accounted for as operating leases.

Earnings Per Share

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share

NOTE M — Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:


	Year Ended December 31,
	2012		2011		2010
NUMERATOR
Net income	$	31,786	$	29,435	$	15,187

DENOMINATOR
Denominator for basic earnings per share — weighted average shares		11,920		11,580		11,314
Effect of dilutive securities:
Employee stock options and restricted shares		196		419		493

Denominator for diluted earnings per share — weighted average shares and assumed conversions		12,116		11,999		11,807
Amounts per common share:
Basic	$	2.67	$	2.54	$	1.34

Diluted	$	2.62	$	2.45	$	1.29

Basic earnings per common share is computed as net income available to common shareholders divided by the weighted average basic shares outstanding. Diluted earnings per common share is computed as net income available to common shareholders divided by the weighted average diluted shares outstanding.

Outstanding stock options with exercise prices greater that the average price of the common shares are anti-dilutive and are not included in the computation of diluted earnings per share. Stock options for 20,000, 40,000 and 201,100 shares of common stock were excluded in the years ended December 31, 2012, 2011 and 2010, respectively.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

Accumulated Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2012

Accumulated Comprehensive Income (Loss) [Abstract]

Accumulated Comprehensive Income (Loss)

NOTE N — Accumulated Comprehensive Income (Loss)

The changes in accumulated comprehensive income (loss) are as follows for the years ended December 31, 2012, 2011 and 2010:


	Cumulative Translation Adjustment			Pension and Postretirement benefits			Total
Balance at January 1, 2010	$	6,950		$	(12,064	)	$	(5,114	)
Translation (loss)		(711	)		—			(711	)
Net gain (loss) arising during the year, net of tax of $(1,211)		—			7,658			7,658
Recognition of prior service (cost) credit, net of tax of $(3)		—			(31	)		(31	)
Recognition of gain (loss), net of tax of $71		—			636			636

Balance at December 31, 2010		6,239			(3,801	)		2,438
Translation (loss)		(1,387	)		—			(1,387	)
Net gain (loss) arising during the year, net of tax of $(6,420)		—			(9,630	)		(9,630	)
Recognition of prior service (cost) credit, net of tax of $(21)		—			(31	)		(31	)
Recognition of gain (loss), net of tax of $203		—			205			205

Balance at December 31, 2011		4,852			(13,257	)		(8,405	)
Translation gain		585			—			585
Net gain (loss) arising during the year, net of tax of $0		—			—			—
Recognition of prior service (cost) credit, net of tax of $(18)		—			(34	)		(34	)
Recognition of gain (loss), net of tax of $563		—			1,023			1,023

Balance at December 31, 2012	$	5,437		$	(12,268	)	$	(6,831	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 12

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-Publisher FASB

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+ Details

Restructuring and Unusual Charges

12 Months Ended

Dec. 31, 2012

Restructuring and Unusual Charges [Abstract]

Restructuring and Unusual Charges

NOTE O — Restructuring and Unusual Charges

During the third quarter of 2011, the Company recorded a $5,359 restructuring and asset impairment charge related to the write down of underperforming assets in its rubber products business unit.

During the third quarter of 2010, the Company reviewed one of its investments and determined there was diminution in value and therefore recorded an asset impairment charge of $3,539 included in the Assembly Components segment.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details

Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2012

Valuation and Qualifying Accounts and Reserves [Abstract]

VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS AND RESERVES


Description	Balance at Beginning of Period		Charged to Costs and Expenses			Deductions and Other			Balance at End of Period
Year Ended December 31, 2012:
Allowances deducted from assets:
Trade receivable allowances	$	5,483	$	1,776		$	(3,696	)(A)	$	3,563
Inventory obsolescence reserve		24,881		11,641			(9,316	)(B)		27,206
Tax valuation allowances		4,409		(167	)		—			4,242
Product warranty liability		4,208		5,395			(2,714	)(C)		6,889
Year Ended December 31, 2011:
Allowances deducted from assets:
Trade receivable allowances	$	6,011	$	708		$	(1,236	)(A)	$	5,483
Inventory obsolescence reserve		22,788		7,433			(5,340	)(B)		24,881
Tax valuation allowances		22,386		(17,977	)		—			4,409
Product warranty liability		4,046		3,583			(3,421	)(C)		4,208
Year Ended December 31, 2010:
Allowances deducted from assets:
Trade receivable allowances	$	8,388	$	2,581		$	(4,958	)(A)	$	6,011
Inventory obsolescence reserve		21,456		8,956			(7,624	)(B)		22,788
Tax valuation allowances		30,668		(5,754	)		(2,528	)(D)		22,386
Product warranty liability		2,760		2,294			(1,008	)(C)		4,046

Note (A)- Uncollectable accounts written off, net of recoveries.

Note (B)- Amounts written off or payments incurred, net of acquired reserves.

Note (C)- Claims paid, net of acquired warranty liabilities of $3,316 in 2012.

Note (D)- Amounts recorded in other comprehensive income.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies [Abstract]

Consolidation and Basis of Presentation

Accounting Estimates

Cash Equivalents

Cash Equivalents: The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents.

Inventories

Major Classes of Inventories


	December 31,
	2012		2011
Finished goods	$	112,986	$	122,010
Work in process		27,909		20,660
Raw materials and supplies		74,684		59,369

	$	215,579	$	202,039

Property, Plant and Equipment

Impairment of Long-Lived Assets

Goodwill and Indefinite-Lived Assets

The Company completed its annual goodwill impairment test for each year presented and confirmed no reporting unit was at risk of failing the impairment test for any periods presented herein.

Stock-Based Compensation

Additional information regarding our share-based compensation program is provided in Note I.

Income Taxes

Revenue Recognition

Accounts Receivable and Allowance for Doubtful Accounts

Software Development Costs

Concentration of Credit Risk

Shipping and Handling Costs

Shipping and Handling Costs: All shipping and handling costs are included in cost of products sold in the Consolidated Statements of Income.

Environmental

Foreign Currency Translation

New Accounting Pronouncements

New Accounting Pronouncements

Reclassification

Reclassification: Certain amounts in the prior years’ financial statement have been reclassified to conform to the current year presentation.

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies [Abstract]

Major Classes of Inventories


	December 31,
	2012		2011
Finished goods	$	112,986	$	122,010
Work in process		27,909		20,660
Raw materials and supplies		74,684		59,369

	$	215,579	$	202,039

Segments (Tables)

12 Months Ended

Dec. 31, 2012

Segments [Abstract]

Results by business segment


	Year Ended December 31,
	2012			2011			2010
Net sales:
Supply Technologies	$	489,651		$	486,571		$	397,038
Assembly Components		304,003			157,764			173,555
Engineered Products		340,388			322,238			242,929

	$	1,134,042		$	966,573		$	813,522

Segment operating income:
Supply Technologies	$	33,748		$	31,303		$	21,738
Assembly Components		19,944			1,425			6,972
Engineered Products		55,040			45,289			28,827

		108,732			78,017			57,537
Corporate costs		(18,925	)		(16,274	)		(15,195	)
Settlement of litigation		(13,000	)		—			—
Gain on acquisition of business		—			—			2,210
Restructuring and asset impairment charge		—			(5,359	)		(3,539	)
Interest expense (includes $305 and $7,335 of debt extinguishment costs in 2012 and 2011)		(26,350	)		(32,152	)		(23,792	)

Income before income taxes	$	50,457		$	24,232		$	17,221

Identifiable assets:
Supply Technologies	$	207,002		$	225,346		$	215,147
Assembly Components		230,049			73,065			82,819
Engineered Products		199,362			195,834			174,185
General corporate		90,207			120,527			80,381

	$	726,620		$	614,772		$	552,532

Depreciation and amortization expense:
Supply Technologies	$	3,885		$	4,555		$	5,205
Assembly Components		9,475			7,180			7,967
Engineered Products		3,153			3,900			3,589
General corporate		1,478			542			371

	$	17,991		$	16,177		$	17,132

Capital expenditures:
Supply Technologies	$	1,632		$	1,308		$	1,414
Assembly Components		22,115			7,747			707
Engineered Products		3,132			895			1,786
General corporate		2,746			2,723			44

	$	29,625		$	12,673		$	3,951

Percentage of net sales by product line


	Year Ended December 31,
	2012			2011			2010
Supply Technologies:
Supply Technologies		87	%		88	%		88	%
Engineered specialty products		12	%		11	%		11	%
Other		1	%		1	%		1	%

		100	%		100	%		100	%

Assembly Components:
Fluid routing		50	%		—			—
Aluminum products		39	%		81	%		83	%
Rubber and plastics		9	%		15	%		14	%
Screw products		2	%		4	%		3	%

		100	%		100	%		100	%

Engineered Products:
Capital equipment		80	%		81	%		81	%
Forged and machined products		20	%		19	%		19	%

		100	%		100	%		100	%

Percentage of net sales by geographic region


	Year Ended December 31,
	2012			2011			2010
United States		77	%		76	%		73	%
Asia		6	%		9	%		10	%
Canada		8	%		5	%		6	%
Mexico		4	%		3	%		3	%
Europe		4	%		5	%		5	%
Other		1	%		2	%		3	%

		100	%		100	%		100	%

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

Acquisition (Tables)

12 Months Ended

Dec. 31, 2012

Acquisitions [Abstract]

Allocation of Purchase price


Cash and cash equivalents	$	2,810
Accounts receivable		30,920
Inventories		12,355
Prepaid expenses and other current assets		2,674
Property, plant and equipment		30,258
Customer relationships		29,400
Trademarks and trade name		11,500
Other assets		212
Accounts payable		(17,815	)
Accrued expenses		(15,599	)
Deferred tax liability		(26,424	)
Other long-term liabilities		(776	)
Goodwill		39,257

Total purchase price	$	98,772

Schedule of pro forma net income


	Years ended December 31,
	2012		2011
(Unaudited)
Pro forma revenues	$	1,184,911	$	1,152,072
Pro forma net income	$	39,134	$	39,436
Earnings per share:
Basic	$	3.28	$	3.41
Diluted	$	3.23	$	3.29


	December 31, 2010
(Unaudited)
Pro forma revenues	$	881,271
Pro forma net income	$	15,072
Earnings per share:
Basic	$	1.33
Diluted	$	1.28

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References+ Details

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Other Intangible Assets [Abstract]

Changes in the carrying amount of goodwill


	Supply Technologies		Assembly Components		Engineered Products			Total
Balance at January 1, 2010	$	—	$	—	$	4,155		$	4,155
Foreign currency translation		—		—		(211	)		(211	)
Acquisitions		—		4,572		584			5,156

Balance at December 31, 2010		—		4,572		4,528			9,100
Foreign currency translation		—		—		(43	)		(43	)
Finalization of Pillar purchase price allocation		—		—		406			406

Balance at December 31, 2011		—		4,572		4,891			9,463
Foreign currency translation		—		—		35			35
Acquisitions		—		40,217		—			40,217

Balance at December 31, 2012	$	—	$	44,789	$	4,926		$	49,715

Goodwill and other intangible assets


			2012						2011
	Acquisition Costs		Accumulated Amortization		Net		Acquisition Costs		Accumulated Amortization		Net
Non-contractual customer relationships	$	41,720	$	5,724	$	35,996	$	11,670	$	3,320	$	8,350
Other		3,420		1,336		2,084		3,420		1,046		2,374

	$	45,140	$	7,060		38,080	$	15,090	$	4,366		10,724

Indefinite-lived tradenames						11,500						—
Goodwill						49,715						9,463

Goodwill and other intangible assets					$	99,295					$	20,187

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References+ Details

Other Assets (Tables)

12 Months Ended

Dec. 31, 2012

Other Assets [Abstract]

Summary of other assets


	December 31,
	2012		2011
Pension assets	$	52,949	$	49,575
Deferred financing costs, net		6,970		7,253
Software development costs		791		1,920
Other		2,187		5,085

Totals	$	62,897	$	63,833

Accrued Expenses (Tables)

12 Months Ended

Dec. 31, 2012

Accrued Expenses [Abstract]

Summary of accrued expenses


	December 31,
	2012		2011
Accrued salaries, wages and benefits	$	20,117	$	15,771
Advance billings		27,165		30,180
Warranty accrual		6,889		4,208
Interest payable		5,497		5,106
Taxes, income and other		6,092		4,331
Other		17,568		14,887

Totals	$	83,328	$	74,483

Changes in product warranty liability


	2012			2011			2010
Balance at beginning of year	$	4,208		$	4,046		$	2,760
Claims paid during the year		(6,030	)		(3,421	)		(1,260	)
Warranty expense		5,395			3,583			2,294
Acquired warranty liabilities		3,316			—			—
Other		—			—			252

Balance at end of year	$	6,889		$	4,208		$	4,046

Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2012

Financing Arrangements [Abstract]

Schedule of long-term debt


	December 31,
	2012		2011
8.125% senior notes due 2021	$	250,000	$	250,000
Revolving credit		101,879		93,000
Term loan		22,321		—
Other		4,478		4,580

		378,678		347,580
Less current maturities		4,411		1,415

Total	$	374,267	$	346,165

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 55

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6584090&loc=d3e28878-108400

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(e),(f))

-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

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-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22)

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Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

+ Details

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Income from continuing operations before income tax expense


	Year Ended December 31
	2012		2011		2010
United States	$	35,027	$	13,844	$	6,723
Outside the United States		15,430		10,388		10,498

	$	50,457	$	24,232	$	17,221

Income taxes


	Year Ended December 31,
	2012			2011			2010
Current expense (benefit):
Federal	$	5,920		$	(41	)	$	61
State		812			497			573
Foreign		4,400			7,158			2,526

		11,132			7,614			3,160
Deferred expense (benefit):
Federal		7,522			(9,661	)		(2,014	)
State		(262	)		(2,563	)		689
Foreign		279			(593	)		199

		7,539			(12,817	)		(1,126	)

Income tax expense (benefit)	$	18,671		$	(5,203	)	$	2,034

Rate Reconciliation


Rate Reconciliation	2012			2011			2010
Tax at statutory rate	$	17,660		$	8,477		$	6,027
Effect of state income taxes, net		920			153			1,048
Effect of foreign operations		(71	)		2,910			1,472
Valuation allowance, federal and foreign		(167	)		(16,820	)		(6,475	)
Non-deductable items		577			378			480
Gain on asset purchase		—			—			(772	)
Other, net		(248	)		(301	)		254

Total	$	18,671		$	(5,203	)	$	2,034

Summary of Company's net deferred tax assets and liabilities


	December 31,
	2012			2011
Deferred tax assets:
Postretirement benefit obligation	$	7,031		$	6,970
Inventory		11,522			11,682
Net operating loss and credit carryforwards		5,290			9,677
Goodwill		626			1,862
Other		13,166			12,725

Total deferred tax assets		37,635			42,916
Deferred tax liabilities:
Depreciation and amortization		8,707			83
Inventory		611			—
Pension		19,176			17,491
Intangible assets and other		16,556			1,764

Total deferred tax liabilities		45,050			19,338

Net deferred tax (liabilities) assets prior to valuation allowances		(7,415	)		23,578
Valuation allowances		(4,242	)		(4,409	)

Net deferred tax (liability) asset	$	(11,657	)	$	19,169

Summary of reconciliation of unrecognized tax benefits


	2012			2011			2010
Unrecognized Tax Benefit — January 1,	$	5,977		$	6,142		$	5,718
Gross Increases — Tax Positions in Prior Period		123			32			283
Gross Decreases — Tax Positions in Prior Period		(2	)		(129	)		(4	)
Gross Increases — Tax Positions in Current Period		60			135			341
Settlements		—			—			(18	)
Lapse of Statute of Limitations		(70	)		(203	)		(178	)

Unrecognized Tax Benefit — December 31,	$	6,088		$	5,977		$	6,142

Stock Plan (Tables)

12 Months Ended

Dec. 31, 2012

Stock Plan [Abstract]

Summary of stock option activity


	2012
	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding — beginning of year		228,334		$	14.58
Granted		—			—
Exercised		(38,250	)		12.52
Canceled or expired		(3,750	)		13.40

Outstanding — end of year		186,334		$	15.02		3.5 years	$	1,172
Options exercisable		186,334			15.02		3.5 years		1,172

Summary of restricted share activity


	2012
	Number of Shares			Weighted Average Grant Date Fair Value
Outstanding — beginning of year		393,094		$	9.77
Granted		258,000			19.57
Vested		(233,551	)		9.19
Canceled or expired		(32,375	)		15.73

Outstanding — end of year		385,168		$	14.94

Pensions and Postretirement Benefits (Tables)

12 Months Ended

Dec. 31, 2012

Pensions and Postretirement Benefits [Abstract]

Summary of change in defined benefit pension and postretirement benefit plans


	Pension						Postretirement Benefits
	2012			2011			2012			2011
Change in benefit obligation
Benefit obligation at beginning of year	$	52,259		$	49,672		$	18,559		$	18,432
Service cost		2,157			1,627			49			52
Interest cost		2,243			2,329			771			857
Actuarial losses		4,318			3,015			1,143			1,346
Benefits and expenses paid, net of contributions		(4,545	)		(4,384	)		(2,040	)		(2,128	)

Benefit obligation at end of year	$	56,432		$	52,259		$	18,482		$	18,559

Change in plan assets
Fair value of plan assets at beginning of year	$	101,834		$	110,458		$	—		$	—
Actual return (loss) on plan assets		13,692			(2,740	)		—			—
Company contributions		—			—			2,040			2,128
Cash transfer to fund postretirement benefit payments		(1,600	)		(1,500	)		—			—
Benefits and expenses paid, net of contributions		(4,545	)		(4,384	)		(2,040	)		(2,128	)

Fair value of plan assets at end of year	$	109,381		$	101,834		$	—		$	—

Funded (underfunded) status of the plans	$	52,949		$	49,575		$	(18,482	)	$	(18,559	)


	Pension						Postretirement Benefits
	2012			2011			2012		2011
Noncurrent assets	$	52,949		$	49,575		$	—	$	—
Noncurrent liabilities		—			—			16,576		16,557
Current liabilities		—			—			1,906		2,002

	$	52,949		$	49,575		$	18,482	$	18,559

Amounts recognized in accumulated other comprehensive (income) loss
Net actuarial loss	$	20,275		$	22,345		$	7,592	$	7,052
Net prior service cost		104			148			—		—
Net transition (asset)		(51	)		(91	)		—		—

Accumulated other comprehensive loss	$	20,328		$	22,402		$	7,592	$	7,052

Summary of pension plan weighted-average asset allocation


				Plan Assets
	Target 2013			2012			2011
Asset Category
Equity securities		45-75	%		64.4	%		66.4	%
Debt securities		10-40			27.8			24.6
Other		0-20			7.8			9.0

		100	%		100	%		100	%

Schedule of pension plans assets by level within the fair value hierarchy


	2012								2011
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Collective trust and pooled insurance funds:
Common stock	$	40,082	$	2,468	$	—	$	42,550	$	40,649	$	2,088	$	—	$	42,737
Equity Funds		23,852		—		—		23,852		21,102		—		—		21,102
Foreign Stock		4,099		—		—		4,099		3,820		—		—		3,820
U.S. Government obligations		6,460		—		—		6,460		7,176		—		—		7,176
Fixed income funds		17,079		—		—		17,079		12,492		—		—		12,492
Corporate Bonds		6,838		—		—		6,838		5,420		—		—		5,420
Cash and Cash Equivalents		1,970		—		—		1,970		2,964		—		—		2,964
Hedge funds		—		—		6,374		6,374		—		—		5,936		5,936
Other		159		—		—		159		187		—		—		187

	$	100,539	$	2,468	$	6,374	$	109,381	$	93,810	$	2,088	$	5,936	$	101,834

Summary of reconciliation of Level 3 assets


	Balance Beginning of Year		Net Unrealized Gain (Loss)			Purchases		Balance End of Year
Hedge Funds:
2012	$	5,936	$	438		$	—	$	6,374

2011	$	—	$	(64	)	$	6,000	$	5,936

Summary of assumptions used in the valuation of the pension and postretirement benefit obligation and to measure the net periodic benefit cost


	Weighted-Average assumptions as of December 31,
	Pension									Postretirement Benefits
	2012			2011			2010			2012			2011			2010
Discount rate		3.66	%		4.50	%		5.00	%		3.35	%		4.50	%		5.00	%
Expected return on plan assets		8.25	%		8.25	%		8.25	%		N/A			N/A			N/A
Rate of compensation increase		2.00	%		2.00	%		N/A			N/A			N/A			N/A

Summary of Components of net periodic benefit cost


	Pension Benefits									Postretirement Benefits
	2012			2011			2010			2012			2011			2010
Components of net periodic benefit cost
Service costs	$	2,157		$	1,627		$	295		$	49		$	52		$	31
Interest costs		2,243			2,329			2,596			771			857			959
Expected return on plan assets		(8,231	)		(8,950	)		(7,932	)		—			—			—
Transition obligation		(40	)		(40	)		(40	)		—			—			—
Amortization of prior service cost		44			44			61			(96	)		(96	)		(96	)
Recognized net actuarial loss		927			—			366			699			449			381

Benefit (income) costs	$	(2,900	)	$	(4,990	)	$	(4,654	)	$	1,423		$	1,262		$	1,275

Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive (income) loss
AOCI at beginning of year	$	22,402		$	7,701		$	15,900		$	7,052		$	6,059		$	4,980
Net (gain)/loss arising during the year		(1,143	)		14,704			(7,811	)		1,143			1,346			1,364
Recognition of prior service cost/(credit)		(44	)		(44	)		(62	)		96			96			96
Recognition of (gain)/loss		(887	)		41			(326	)		(699	)		(449	)		(381	)

Total recognized in accumulated other comprehensive loss at end of year	$	20,328		$	22,402		$	7,701		$	7,592		$	7,052		$	6,059

Other postretirement benefit plans defined benefit net including medicare subsidy


			Postretirement Benefits
	Pension Benefits		Gross		Expected Medicare Subsidy		Net including Medicare Subsidy
2013	$	4,072	$	2,140	$	234	$	1,906
2014		4,067		2,040		223		1,817
2015		4,044		1,930		210		1,720
2016		4,051		1,780		197		1,583
2017		4,236		1,660		182		1,478
2018 to 2022		21,569		6,656		739		5,917

Summary of one-percentage-point change in the assumed health care cost trend rate


	1-Percentage Point Increase		1-Percentage Point Decrease
Effect on total of service and interest cost components in 2012	$	63	$	(56	)
Effect on postretirement benefit obligation as of December 31, 2012	$	1,501	$	(1,328	)

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per share


	Year Ended December 31,
	2012		2011		2010
NUMERATOR
Net income	$	31,786	$	29,435	$	15,187

DENOMINATOR
Denominator for basic earnings per share — weighted average shares		11,920		11,580		11,314
Effect of dilutive securities:
Employee stock options and restricted shares		196		419		493

Denominator for diluted earnings per share — weighted average shares and assumed conversions		12,116		11,999		11,807
Amounts per common share:
Basic	$	2.67	$	2.54	$	1.34

Diluted	$	2.62	$	2.45	$	1.29

Accumulated Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2012

Accumulated Comprehensive Income (Loss) [Abstract]

Changes in accumulated comprehensive income (loss)


	Cumulative Translation Adjustment			Pension and Postretirement benefits			Total
Balance at January 1, 2010	$	6,950		$	(12,064	)	$	(5,114	)
Translation (loss)		(711	)		—			(711	)
Net gain (loss) arising during the year, net of tax of $(1,211)		—			7,658			7,658
Recognition of prior service (cost) credit, net of tax of $(3)		—			(31	)		(31	)
Recognition of gain (loss), net of tax of $71		—			636			636

Balance at December 31, 2010		6,239			(3,801	)		2,438
Translation (loss)		(1,387	)		—			(1,387	)
Net gain (loss) arising during the year, net of tax of $(6,420)		—			(9,630	)		(9,630	)
Recognition of prior service (cost) credit, net of tax of $(21)		—			(31	)		(31	)
Recognition of gain (loss), net of tax of $203		—			205			205

Balance at December 31, 2011		4,852			(13,257	)		(8,405	)
Translation gain		585			—			585
Net gain (loss) arising during the year, net of tax of $0		—			—			—
Recognition of prior service (cost) credit, net of tax of $(18)		—			(34	)		(34	)
Recognition of gain (loss), net of tax of $563		—			1,023			1,023

Balance at December 31, 2012	$	5,437		$	(12,268	)	$	(6,831	)

Summary of Significant Accounting Policies (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Major Classes of Inventories
Finished goods	$ 112,986	$ 122,010
Work in process	27,909	20,660
Raw materials and supplies	74,684	59,369
Total	$ 215,579	$ 202,039

Summary of Significant Accounting Policies (Details Textual) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012 Customers	Dec. 31, 2011	Dec. 31, 2010
Line of Credit Facility [Line Items]
Amortization expense software development costs	$ 2,511	$ 1,449	$ 745
Summary of Significant Accounting Policies (Textual) [Abstract]
Inventory reserves	27,206	24,881
Inventory consigned	6,585	6,546
Percentage of long-term contracts	11.00%
Accounts receivable sold	76,482	63,202
Loss amount of accounts receivable	314	281
Aggregate amount trade accounts receivable	18,791
Percentage of trade accounts receivable	12.00%
Amount of net sales	132,321
Percentage of net sales	12.00%
Number of customers in the automotive industry	4
Software and Software Development Costs [Member]
Line of Credit Facility [Line Items]
Amortization expense software development costs	$ 1,183	$ 1,533	$ 2,213
Maximum [Member] \| Machinery and Equipment [Member]
Line of Credit Facility [Line Items]
Estimated useful lives	20 years
Maximum [Member] \| Building [Member]
Line of Credit Facility [Line Items]
Estimated useful lives	40 years
Minimum [Member] \| Machinery and Equipment [Member]
Line of Credit Facility [Line Items]
Estimated useful lives	3 years
Minimum [Member] \| Building [Member]
Line of Credit Facility [Line Items]
Estimated useful lives	25 years

Segments (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Net sales:
Net sales	$ 1,134,042	$ 966,573	$ 813,522
Segment operating income:
Segment operating income	108,732	78,017	57,537
Corporate costs	(18,925)	(16,274)	(15,195)
Settlement of litigation	(13,000)
Gain on acquisition of business			2,210
Restructuring and asset impairment charge		(5,359)	(3,539)
Interest expense (includes $305 and $7,335 of debt extinguishment costs in 2012 and 2011)	(26,350)	(32,152)	(23,792)
Income before income taxes	50,457	24,232	17,221
Identifiable assets:
Identifiable assets	726,620	614,772	552,532
Depreciation and amortization expense
Depreciation and amortization expense	17,991	16,177	17,132
Capital expenditures
Capital expenditures	29,625	12,673	3,951
Supply Technologies [Member]
Net sales:
Net sales	489,651	486,571	397,038
Segment operating income:
Income before income taxes	33,748	31,303	21,738
Identifiable assets:
Identifiable assets	207,002	225,346	215,147
Depreciation and amortization expense
Depreciation and amortization expense	3,885	4,555	5,205
Capital expenditures
Capital expenditures	1,632	1,308	1,414
Assembly Components [Member]
Net sales:
Net sales	304,003	157,764	173,555
Segment operating income:
Income before income taxes	19,944	1,425	6,972
Identifiable assets:
Identifiable assets	230,049	73,065	82,819
Depreciation and amortization expense
Depreciation and amortization expense	9,475	7,180	7,967
Capital expenditures
Capital expenditures	22,115	7,747	707
Engineered Products [Member]
Net sales:
Net sales	340,388	322,238	242,929
Segment operating income:
Income before income taxes	55,040	45,289	28,827
Identifiable assets:
Identifiable assets	199,362	195,834	174,185
Depreciation and amortization expense
Depreciation and amortization expense	3,153	3,900	3,589
Capital expenditures
Capital expenditures	3,132	895	1,786
General corporate [Member]
Identifiable assets:
Identifiable assets	90,207	120,527	80,381
Depreciation and amortization expense
Depreciation and amortization expense	1,478	542	371
Capital expenditures
Capital expenditures	$ 2,746	$ 2,723	$ 44

Segments (Details 1)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Supply Technologies [Member]
Percentage of net sales by product line
Percentage of net sales	87.00%	88.00%	88.00%
Engineered Specialty Products [Member]
Percentage of net sales by product line
Percentage of net sales	12.00%	11.00%	11.00%
Other [Member]
Percentage of net sales by product line
Percentage of net sales	1.00%	1.00%	1.00%
Supply Technologies [Member]
Percentage of net sales by product line
Percentage of net sales	100.00%	100.00%	100.00%
Fluid Routing [Member]
Percentage of net sales by product line
Percentage of net sales	50.00%
Aluminum Products [Member]
Percentage of net sales by product line
Percentage of net sales	39.00%	81.00%	83.00%
Rubber and Plastics [Member]
Percentage of net sales by product line
Percentage of net sales	9.00%	15.00%	14.00%
Screw Products [Member]
Percentage of net sales by product line
Percentage of net sales	2.00%	4.00%	3.00%
Assembly Components [Member]
Percentage of net sales by product line
Percentage of net sales	100.00%	100.00%	100.00%
Capital Equipment [Member]
Percentage of net sales by product line
Percentage of net sales	80.00%	81.00%	81.00%
Forged and Machined Products [Member]
Percentage of net sales by product line
Percentage of net sales	20.00%	19.00%	19.00%
Engineered Products [Member]
Percentage of net sales by product line
Percentage of net sales	100.00%	100.00%	100.00%

Segments (Details 2)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Percentage of net sales by geographic region
Percentages of Revenue by Geographic Regions	100.00%	100.00%	100.00%
United States [Member]
Percentage of net sales by geographic region
Percentages of Revenue by Geographic Regions	77.00%	76.00%	73.00%
Asia [Member]
Percentage of net sales by geographic region
Percentages of Revenue by Geographic Regions	6.00%	9.00%	10.00%
Canada [Member]
Percentage of net sales by geographic region
Percentages of Revenue by Geographic Regions	8.00%	5.00%	6.00%
Mexico [Member]
Percentage of net sales by geographic region
Percentages of Revenue by Geographic Regions	4.00%	3.00%	3.00%
Europe [Member]
Percentage of net sales by geographic region
Percentages of Revenue by Geographic Regions	4.00%	5.00%	5.00%
Other [Member]
Percentage of net sales by geographic region
Percentages of Revenue by Geographic Regions	1.00%	2.00%	3.00%

Segments (Details Textual) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segments (Textual) [Abstract]
Number of operating segments	3
Debt extinguishment costs	305	7,335
United States [Member]
Segments (Textual) [Abstract]
Percentage of assets	81.00%	68.00%	75.00%

Acquisition (Details) (USD $) In Thousands, unless otherwise specified	Mar. 23, 2012
Allocation of Purchase price
Total purchase price	$ 98,772
Fluid Routing Solutions [Member]
Allocation of Purchase price
Cash and cash equivalents	2,810
Accounts receivable	30,920
Inventories	12,355
Prepaid expenses and other current assets	2,674
Property, plant and equipment	30,258
Customer relationships	29,400
Trademarks and trade name	11,500
Other assets	212
Accounts payable	(17,815)
Accrued expenses	(15,599)
Deferred tax liability	(26,424)
Other long-term liabilities	(776)
Goodwill	$ 39,257

Acquisition (Details 1) (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Schedule of pro forma net income
Pro forma revenues	$ 1,184,911	$ 1,152,072	$ 881,271
Pro forma net income	$ 39,134	$ 39,436	$ 15,072
Earnings per share:
Basic	$ 3.28	$ 3.41	$ 1.33
Diluted	$ 3.23	$ 3.29	$ 1.28

- Definition

The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References+ Details

- Definition

The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period.

+ References+ Details

Acquisition (Details Textual) (USD $) In Thousands, unless otherwise specified	12 Months Ended						1 Months Ended		12 Months Ended	1 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Mar. 23, 2012	Mar. 23, 2012 Secured Debt [Member]	Mar. 23, 2012 Revolving Credit Facility [Member]	Mar. 23, 2012 Fluid Routing Solutions [Member] Facilities	Aug. 31, 2010 Fluid Routing Solutions [Member]	Dec. 31, 2012 Fluid Routing Solutions [Member]	Nov. 30, 2012 Elastomeros Tecnicos Moldeados Inc [Member]	Aug. 31, 2010 Assembly Components Systems [Member]	Sep. 30, 2010 Rome Die Casting LLC [Member]	Dec. 31, 2010 Pillar Induction [Member]
Acquisition (Textual) [Abstract]
Total purchase price net of cash acquired							$ 95,962
Total purchase price				98,772						1,082
Number of production facilities							5
Revenue	1,184,911	1,152,072	881,271				152,445			125
Net income	39,134	39,436	15,072					7,140
Portion of cash paid for acquisition							40,000
Amortization term loan, period							7 years
Revolving credit facility to fund purchase price					25,000	33,772
Transaction cost of business acquisition									1,139
Promissory notes payable										500
Goodwill							39,257			960		4,572	990
Gain on acquisition of business			$ 2,210								$ 2,210

Goodwill and Other Intangible Assets (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Changes in the carrying amount of goodwill
Goodwill, Beginning Balance	$ 9,463	$ 9,100	$ 4,155
Foreign currency translation	35	(43)	(211)
Acquisitions	40,217		5,156
Finalization of Pillar purchase price allocation		406
Goodwill, Ending Balance	49,715	9,463	9,100
Supply Technologies [Member]
Changes in the carrying amount of goodwill
Goodwill, Beginning Balance
Foreign currency translation
Acquisitions
Finalization of Pillar purchase price allocation
Goodwill, Ending Balance
Assembly Components [Member]
Changes in the carrying amount of goodwill
Goodwill, Beginning Balance	4,572	4,572
Foreign currency translation
Acquisitions	40,217		4,572
Finalization of Pillar purchase price allocation
Goodwill, Ending Balance	44,789	4,572	4,572
Engineered Products [Member]
Changes in the carrying amount of goodwill
Goodwill, Beginning Balance	4,891	4,528	4,155
Foreign currency translation	35	(43)	(211)
Acquisitions			584
Finalization of Pillar purchase price allocation		406
Goodwill, Ending Balance	$ 4,926	$ 4,891	$ 4,528

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph e

-Clause 1

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 68

-Subparagraph l

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 34

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 43

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 142

-Paragraph 45

-Subparagraph e

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 141R

-Paragraph 72

-Subparagraph d

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The aggregate amount of goodwill acquired in the period and allocated to the reportable segment. The value is stated at fair value based on the purchase price allocation.

+ References+ Details

Goodwill and Other Intangible Assets (Details 1) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Goodwill and other intangible assets
Accumulated Amortization	$ 7,060	$ 4,366
Acquisition costs	45,140	15,090
Net	38,080	10,724
Goodwill	49,715	9,463	9,100	4,155
Goodwill and other intangible assets	99,295	20,187
Non-contractual customer relationships [Member]
Goodwill and other intangible assets
Accumulated Amortization	5,724	3,320
Acquisition costs	41,720	11,670
Net	35,996	8,350
Other [Member]
Goodwill and other intangible assets
Accumulated Amortization	1,336	1,046
Acquisition costs	3,420	3,420
Net	2,084	2,374
Indefinite-lived tradenames [Member]
Goodwill and other intangible assets
Indefinite-lived tradenames	$ 11,500

- Definition

+ References

+ Details

Goodwill and Other Intangible Assets (Details Textual) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Goodwill and other intangible assets (Textual) [Abstract]
Amortization expenses	$ 2,511	$ 1,449	$ 745
Estimated amortization 2013	3,139
Estimated amortization in 2014	3,081
Estimated amortization in 2015	3,081
Estimated amortization in 2016	3,081
Estimated amortization in 2017	3,081
Estimated amortization thereafter	$ 3,081
Non-contractual customer relationships [Member]
Indefinite-lived Intangible Assets [Line Items]
Weighted-average amortization period	13 years 3 months 18 days
Other intangible assets [Member]
Indefinite-lived Intangible Assets [Line Items]
Weighted-average amortization period	12 years 2 months 12 days

Other Assets (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Summary of other assets
Pension assets	$ 52,949	$ 49,575
Deferred financing costs, net	6,970	7,253
Software development costs	791	1,920
Other	21,473	9,622
Totals	$ 62,897	$ 63,833

Accrued Expenses (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Summary of Accrued expenses
Accrued salaries, wages and benefits	$ 20,117	$ 15,771
Advance billings	27,165	30,180
Warranty accrual	6,889	4,208
Interest payable	5,497	5,106
Taxes, income and other	6,092	4,331
Other	17,568	14,887
Totals	$ 83,328	$ 74,483

- Definition

Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable arising from transactions not otherwise specified in the taxonomy. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers. For classified balance sheets, represents the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References+ Details

Accrued Expenses (Details 1) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Changes in product warranty liability
Balance at beginning of year	$ 4,208	$ 4,046	$ 2,760
Claims paid during the year	(6,030)	(3,421)	(1,260)
Warranty expense	5,395	3,583	2,294
Acquired warranty liabilities	3,316
Other			252
Balance at end of year	$ 6,889	$ 4,208	$ 4,046

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers.

+ References+ Details

Financing Arrangements (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Long-term debt
Long-term Debt	$ 378,678	$ 347,580
Less current maturities	4,411	1,415
Total	374,267	346,165
Senior Notes [Member]
Long-term debt
Long-term Debt	250,000	250,000
Revolving Credit Facility [Member]
Long-term debt
Long-term Debt	101,879	93,000
Term Loan [Member]
Long-term debt
Long-term Debt	22,321
Other [Member]
Long-term debt
Long-term Debt	$ 4,478	$ 4,580

- Definition

Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

+ References+ Details

Financing Arrangements (Details Textual) (USD $) In Thousands, unless otherwise specified	1 Months Ended	12 Months Ended					12 Months Ended
	Mar. 23, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012 Standby Letters of Credit [Member]	Dec. 31, 2012 Revolving Credit Facility [Member]	Mar. 23, 2012 Revolving Credit Facility [Member]	Dec. 31, 2012 Maximum [Member] Revolving Credit Facility [Member]	Dec. 31, 2012 Minimum [Member] Revolving Credit Facility [Member]	Dec. 31, 2012 Term Loan [Member]	Dec. 31, 2012 Senior Notes [Member]	Dec. 31, 2011 Senior Notes [Member]	Apr. 07, 2011 Senior Notes [Member]	Dec. 31, 2010 Senior Notes [Member]
Financing Arrangements (Textual) [Abstract]
Commitment loan, previous maximum						$ 200,000
Commitment loan, current maximum						220,000
Increase amount of commitment of loan						30,000
LIBOR rate plus							2.75%	1.75%	2.75%
Banks prime lending rate minus							1.00%	0.25%	0.25%
Amortized term loan period (balance due at maturity)									7 years
Interest rate on revolving credit facility					2.00%
Interest rate on term loan									3.14%
Aggregate principal												250,000
Senior notes, interest rate										8.125%	8.125%	8.125%	8.125%
Outstanding Letters of credit				9,001
Unused borrowing capacity under the revolving credit facility					60,364
Fair value of the Note										266,250	247,500
Financing Arrangements (Additional Textual) [Abstract]
Term loan available	25,000
Revolving credit facility description	Amounts borrowed under the revolving credit facility may be borrowed at either (i) LIBOR plus 2.75% or (ii) the bank's prime lending rate Plus .25% at the Company's election
Foreign subsidiaries borrowings
Annual fee on the unused borrowing capacity		0.50%
Bank guarantee under credit arrangements		9,161
Weighted average interest rate		6.15%
Premiums, other transaction costs and wrote off deferred financing		305	7,335
Maturity of long term debt - Year One		4,411
Maturity of long term debt - Year Two		4,413
Maturity of long term debt - Year Three		4,316
Maturity of long term debt - Year Four		114,332
Maturity of long term debt - Year Five		$ 741

Income Taxes (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Income from continuing operations before income tax expense
United States	$ 35,027	$ 13,844	$ 6,723
Outside the United States	15,430	10,388	10,498
Income before income taxes	$ 50,457	$ 24,232	$ 17,221

Income Taxes (Details 1) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Current expense (benefit):
Federal	$ 5,920	$ (41)	$ 61
State	812	497	573
Foreign	4,400	7,158	2,526
Total	11,132	7,614	3,160
Deferred expense (benefit):
Federal	7,522	(9,661)	(2,014)
State	(262)	(2,563)	689
Foreign	279	(593)	199
Total	7,539	(12,817)	(1,126)
Income tax expense (benefit)	$ 18,671	$ (5,203)	$ 2,034

Income Taxes (Details 2) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Rate Reconciliation
Tax at statutory rate	$ 17,660	$ 8,477	$ 6,027
Effect of state income taxes, net	920	153	1,048
Effect of foreign operations	(71)	2,910	1,472
Valuation allowance, federal and foreign	(167)	(16,820)	(6,475)
Non-deductable items	577	378	480
Gain on asset purchase			(772)
Other, net	(248)	(301)	254
Income tax expense (benefit)	$ 18,671	$ (5,203)	$ 2,034

- Definition

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.

+ References+ Details

- Definition

The portion of the difference between total income tax expense or benefit as reported in the Income Statement and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to changes in the valuation allowance for deferred tax assets in the period.

+ References+ Details

- Definition

The portion of the difference, between total income tax expense or benefit as reported in the Income Statement for the period and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations, that is attributable to total foreign income tax expense or benefit. The foreign income tax expense or benefit difference represents the income tax expense or benefit at applicable domestic statutory income tax rates applied to foreign earnings or loss for the period versus the foreign income tax expense or benefit calculated by applying the appropriate foreign tax rates.

+ References+ Details

- Definition

The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations.

+ References+ Details

Income Taxes (Details 3) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Deferred tax assets:
Postretirement benefit obligation	$ 7,031	$ 6,970
Inventory	11,522	11,682
Net operating loss and credit carryforwards	5,290	9,677
Goodwill	626	1,862
Other	13,166	12,725
Total deferred tax assets	37,635	42,916
Deferred tax liabilities:
Depreciation and amortization	8,707	83
Inventory	611
Pension	19,176	17,491
Intangible assets and other	16,556	1,764
Total deferred tax liabilities	45,050	19,338
Net deferred tax (liabilities) assets prior to valuation allowances	(7,415)	23,578
Valuation allowances	(4,242)	(4,409)
Net deferred tax (liability) asset	$ (11,657)	$ 19,169

Income Taxes (Details 4) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Reconciliation of Beginning and Ending amount of Unrecognized tax benefits
Unrecognized Tax Benefit - January 1	$ 5,977	$ 6,142	$ 5,718
Gross Increases - Tax Positions in Prior Period	123	32	283
Gross Decreases - Tax Positions in Prior Period	(2)	(129)	(4)
Gross Increases - Tax Positions in Current Period	60	135	341
Settlements			(18)
Lapse of Statute of Limitations	(70)	(203)	(178)
Unrecognized Tax Benefit - December 31,	$ 6,088	$ 5,977	$ 6,142

Income Taxes (Details Textual) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Operating Loss Carryforwards [Line Items]
Valuation allowances	$ 4,242	$ 4,409
Income Taxes (Textual) [Abstract]
Alternative minimum tax credit carryforwards	879
Deferred tax asset cumulative loss position term	3 years
Amount of unrecognized tax benefits	6,088	5,977	6,142	5,718
Net interest and penalties	58	19
Payment of interest and penalties accrued	759	701
Undistributed earnings	77,221
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Valuation allowances		16,820
State and Local Jurisdiction [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards for income tax purposes	4,804
Valuation allowance against state net operating loss carryforward	328
State and Local Jurisdiction [Member] \| Maximum [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforward Expiration Year	2032
State and Local Jurisdiction [Member] \| Minimum [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforward Expiration Year	2013
Foreign Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards for income tax purposes	2,760
Operating loss carryforward, subject to expiration	650
Operating Loss Carryforward Expiration Year	2022
Valuation allowances	$ 161	$ 565

Stock Plan (Details) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Summary of option activity
Outstanding - beginning of year, number of shares	228,334
Granted, number of shares		0	0
Exercised, number of shares	(38,250)	(223,300)	(23,166)
Canceled or expired, number of shares	(3,750)
Outstanding - end of year, number of shares	186,334	228,334
Options exercisable, number of shares	186,334
Outstanding - beginning of year, Weighted Average Exercise Price	$ 14.58
Granted, Weighted Average Exercise Price
Exercised, Weighted Average Exercise Price	$ 12.52
Canceled or Expired, Weighted Average Exercise Price	$ 13.40
Outstanding - end of year, Weighted Average Exercise Price	$ 15.02	$ 14.58
Options Exercisable, Weighted Average Exercise Price	$ 15.02
Outstanding - end of year, Weighted average remaining contractual term	3 years 6 months
Options Exercisable, Weighted average remaining contractual term	3 years 6 months
Outstanding - end of year, Aggregate intrinsic value	$ 1,172
Options Exercisable, Aggregate intrinsic value	$ 1,172

Stock Plan (Details 1) (Restricted Stock [Member], USD $)	12 Months Ended
	Dec. 31, 2012
Restricted Stock [Member]
Summary of restricted share activity
Outstanding - beginning of year, number of shares	393,094
Granted, number of shares	258,000
Vested, number of shares	(233,551)
Canceled or expired, number of shares	(32,375)
Outstanding - end of year, number of shares	385,168
Outstanding - beginning of year, weighted average grant date fair value	$ 9.77
Granted, weighted average grant date fair value	$ 19.57
Vested, weighted average grant date fair value	$ 9.19
Canceled or expired, weighted average grant date fair value	$ 15.73
Outstanding - end of year, weighted average grant date fair value	$ 14.94

- Definition

The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).

+ References+ Details

- Definition

The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date.

+ References+ Details

- Definition

The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units.

+ References+ Details

- Definition

The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement.

+ References+ Details

Stock Plan (Details Textual) (USD $) In Thousands, except Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares	186,334	228,334
Number of options exercisable	186,334
Stock Option (Textual) [Abstract]
Period of stock option exercisable	10 years
Limit of shares to individual participant in one calendar year	500,000
Stock options awards		0	0
Net cash proceeds from the exercise of stock options	$ 479	$ 494	$ 150
total fair value of restricted stock units vested	4,642	3,986	4,043
Average contractual life	3 years 6 months
Number of shares available for future grants	491,003
unrecognized compensation expense	5,549
Total intrinsic value of options exercised	755	3,609	368
Total weighted average period	2 years 1 month 6 days
Range One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares	29,500
Exercise prices for options outstanding, lower limit	$ 3.05
Exercise prices for options outstanding, upper limit	$ 6.28
Number of options exercisable	29,500
Range Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares	116,834
Exercise prices for options outstanding, lower limit	$ 14.12
Exercise prices for options outstanding, upper limit	$ 15.61
Number of options exercisable	116,834
Range Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares	40,000
Exercise prices for options outstanding, lower limit	$ 20.00
Exercise prices for options outstanding, upper limit	$ 24.92
Number of options exercisable	40,000
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	15	98	272
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated Share-based Compensation Expense	2,584	1,988	1,463
Stock Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee option to purchase common stock	500
Current market value discount rate	20.00%
Allocated Share-based Compensation Expense	$ 125
1998 Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate number of shares	3,700,000

Commitments and Contingencies (Details Textual) (USD $) In Thousands, unless otherwise specified	1 Months Ended	12 Months Ended
	Jun. 30, 2012	Dec. 31, 2012
Loss Contingencies [Line Items]
Compensatory Damages Claimed by customer		$ 37,000
Commitments and Contingencies (Textual) [Abstract]
Damages claimed due to breach of contract		2,700
Litigation Settlement	13,000
Receivable written off against settlement		2,700
Direct damages being claimed by TMK IPSCO		6,000
TMK IPSCO [Member]
Loss Contingencies [Line Items]
Additional damages being sought by TMK IPSCO		$ 4,000

- Definition

The value (monetary amount) of the award the plaintiff seeks in the legal matter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 4

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 9

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14557-108349

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 450

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14326-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 11

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 9

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 5

-Paragraph 12

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Pensions and Postretirement Benefits (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Change in plan assets
Fair value of plan assets at end of year	$ 109,381	$ 101,834
Amounts recognized in the consolidated balance sheets consist of:
Current liabilities	1,906	2,002
Pension Benefits [Member]
Change in benefit obligation
Benefit obligation at beginning of year	52,259	49,672
Service costs	2,157	1,627	295
Interest costs	2,243	2,329	2,596
Actuarial losses	4,318	3,015
Benefits and expenses paid, net of contributions	(4,545)	(4,384)
Benefit obligation at end of year	56,432	52,259	49,672
Change in plan assets
Fair value of plan assets at beginning of year	101,834	110,458
Actual return (loss) on plan assets	13,692	(2,740)
Company contributions
Cash transfer to fund postretirement benefit payments	(1,600)	(1,500)
Benefits and expenses paid, net of contributions	(4,545)	(4,384)
Fair value of plan assets at end of year	109,381	101,834	110,458
Funded (underfunded) status of the plans	52,949	49,575
Amounts recognized in the consolidated balance sheets consist of:
Noncurrent assets	52,949	49,575
Noncurrent liabilities
Current liabilities
Total amounts recognized in the balance sheets	52,949	49,575
Amounts recognized in accumulated other comprehensive (income) loss
Net actuarial loss	20,275	22,345
Net prior service cost	104	148
Net transition (asset)	(51)	(91)
Accumulated other comprehensive loss	20,328	22,402
Postretirement Benefits [Member]
Change in benefit obligation
Benefit obligation at beginning of year	18,559	18,432
Service costs	49	52	31
Interest costs	771	857	959
Actuarial losses	1,143	1,346
Benefits and expenses paid, net of contributions	(2,040)	(2,128)
Benefit obligation at end of year	18,482	18,559	18,432
Change in plan assets
Fair value of plan assets at beginning of year
Actual return (loss) on plan assets
Company contributions	2,040	2,128
Cash transfer to fund postretirement benefit payments
Benefits and expenses paid, net of contributions	(2,040)	(2,128)
Fair value of plan assets at end of year
Funded (underfunded) status of the plans	(18,482)	(18,559)
Amounts recognized in the consolidated balance sheets consist of:
Noncurrent assets
Noncurrent liabilities	16,576	16,557
Current liabilities	1,906	2,002
Total amounts recognized in the balance sheets	18,482	18,559
Amounts recognized in accumulated other comprehensive (income) loss
Net actuarial loss	7,592	7,052
Net prior service cost
Net transition (asset)
Accumulated other comprehensive loss	$ 7,592	$ 7,052

Pensions and Postretirement Benefits (Details 1)	12 Months Ended
Pensions and Postretirement Benefits (Details 1)	Dec. 31, 2012	Dec. 31, 2011
Summary of pension plan weighted-average asset allocation/summary of reconciliation of level 3 assets
Defined benefit plan, target plan asset allocations	100.00%
Defined benefit plan, weighted average asset allocations	100.00%	100.00%
Equity Securities [Member]
Summary of pension plan weighted-average asset allocation/summary of reconciliation of level 3 assets
Defined benefit plan, target plan asset allocations minimum range	45.00%
Defined benefit plan, target plan asset allocations maximum range	75.00%
Defined benefit plan, weighted average asset allocations	64.40%	66.40%
Debt Securities [Member]
Summary of pension plan weighted-average asset allocation/summary of reconciliation of level 3 assets
Defined benefit plan, target plan asset allocations minimum range	10.00%
Defined benefit plan, target plan asset allocations maximum range	40.00%
Defined benefit plan, weighted average asset allocations	27.80%	24.60%
Other [Member]
Summary of pension plan weighted-average asset allocation/summary of reconciliation of level 3 assets
Defined benefit plan, target plan asset allocations minimum range	0.00%
Defined benefit plan, target plan asset allocations maximum range	20.00%
Defined benefit plan, weighted average asset allocations	7.80%	9.00%

Pensions and Postretirement Benefits (Details 2) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	$ 109,381	$ 101,834
Common Stock [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	42,550	42,737
Equity Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	23,852	21,102
Foreign Stock [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	4,099	3,820
U.S. Government Obligations [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	6,460	7,176
Fixed Income Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	17,079	12,492
Corporate Bonds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	6,838	5,420
Cash and Cash Equivalents [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	1,970	2,964
Hedge Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	6,374	5,936
Other [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	159	187
Fair Value Inputs Level 1 [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	100,539	93,810
Fair Value Inputs Level 1 [Member] \| Common Stock [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	40,082	40,649
Fair Value Inputs Level 1 [Member] \| Equity Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	23,852	21,102
Fair Value Inputs Level 1 [Member] \| Foreign Stock [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	4,099	3,820
Fair Value Inputs Level 1 [Member] \| U.S. Government Obligations [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	6,460	7,176
Fair Value Inputs Level 1 [Member] \| Fixed Income Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	17,079	12,492
Fair Value Inputs Level 1 [Member] \| Corporate Bonds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	6,838	5,420
Fair Value Inputs Level 1 [Member] \| Cash and Cash Equivalents [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	1,970	2,964
Fair Value Inputs Level 1 [Member] \| Hedge Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 1 [Member] \| Other [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	159	187
Fair Value Inputs Level 2 [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	2,468	2,088
Fair Value Inputs Level 2 [Member] \| Common Stock [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	2,468	2,088
Fair Value Inputs Level 2 [Member] \| Equity Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 2 [Member] \| Foreign Stock [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 2 [Member] \| U.S. Government Obligations [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 2 [Member] \| Fixed Income Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 2 [Member] \| Corporate Bonds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 2 [Member] \| Cash and Cash Equivalents [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 2 [Member] \| Hedge Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 2 [Member] \| Other [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 3 [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	6,374	5,936
Fair Value Inputs Level 3 [Member] \| Common Stock [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 3 [Member] \| Equity Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 3 [Member] \| Foreign Stock [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 3 [Member] \| U.S. Government Obligations [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 3 [Member] \| Fixed Income Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 3 [Member] \| Corporate Bonds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 3 [Member] \| Cash and Cash Equivalents [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan
Fair Value Inputs Level 3 [Member] \| Hedge Funds [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan	6,374	5,936
Fair Value Inputs Level 3 [Member] \| Other [Member]
Schedule of pension plans assets by level within the fair value hierarchy
Fair Value of Pension Plan

- Definition

Assets, usually stocks, bonds, and other investments, that have been segregated and restricted (usually in a trust) to provide benefits, at their fair value as of the measurement date. Plan assets include amounts contributed by the employer (and by employees for a contributory plan) and amounts earned from investing the contributions, less benefits paid. If a plan has liabilities other than for benefits, those non-benefit obligations may be considered as reductions of plan assets.

+ References+ Details

Pensions and Postretirement Benefits (Details 3) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Summary of reconciliation of Level 3 assets
Fair value of plan assets at end of year	$ 109,381	$ 101,834
Hedge Funds [Member]
Summary of reconciliation of Level 3 assets
Fair value of plan assets at beginning of year	5,936
Net Unrealized Gain (Loss)	438	(64)
Purchases		6,000
Fair value of plan assets at end of year	$ 6,374	$ 5,936

- Definition

+ References+ Details

Pensions and Postretirement Benefits (Details 4)	12 Months Ended
Pensions and Postretirement Benefits (Details 4)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Summary of assumptions used by the consulting actuary and the related cost information
Expected return on plan assets	8.25%
Pension Benefits [Member]
Summary of assumptions used by the consulting actuary and the related cost information
Discount rate	3.66%	4.50%	5.00%
Expected return on plan assets	8.25%	8.25%	8.25%
Rate of compensation increase	2.00%	2.00%
Postretirement Benefits [Member]
Summary of assumptions used by the consulting actuary and the related cost information
Discount rate	3.35%	4.50%	5.00%

- Definition

An assumption as to the rate of return on plan assets reflecting the average rate of earnings expected on the funds invested or to be invested to provide for the benefits included in the benefit obligation.

+ References+ Details

Pensions and Postretirement Benefits (Details 5) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Pension Benefits [Member]
Components of net periodic cost
Service costs	$ 2,157	$ 1,627	$ 295
Interest costs	2,243	2,329	2,596
Expected return on plan assets	(8,231)	(8,950)	(7,932)
Transition obligation	(40)	(40)	(40)
Amortization of prior service cost	44	44	61
Recognized net actuarial loss	927		366
Benefit (income) costs	(2,900)	(4,990)	(4,654)
Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive (income) loss
AOCI at beginning of year	22,402	7,701	15,900
Net (gain)/loss arising during the year	(1,143)	14,704	(7,811)
Recognition of prior service cost/(credit)	(44)	(44)	(62)
Recognition of (gain)/loss	(887)	41	(326)
Total recognized in accumulated other comprehensive loss at end of year	20,328	22,402	7,701
Postretirement Benefits [Member]
Components of net periodic cost
Service costs	49	52	31
Interest costs	771	857	959
Expected return on plan assets
Transition obligation
Amortization of prior service cost	(96)	(96)	(96)
Recognized net actuarial loss	699	449	381
Benefit (income) costs	1,423	1,262	1,275
Other changes in plan assets and benefit obligations recognized in accumulated other comprehensive (income) loss
AOCI at beginning of year	7,052	6,059	4,980
Net (gain)/loss arising during the year	1,143	1,346	1,364
Recognition of prior service cost/(credit)	96	96	96
Recognition of (gain)/loss	(699)	(449)	(381)
Total recognized in accumulated other comprehensive loss at end of year	$ 7,592	$ 7,052	$ 6,059

Pensions and Postretirement Benefits (Details 6) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012
Other postretirement benefit plans defined benefit net including medicare subsidy
Pension Benefits 2013	$ 1,906
Pension Benefits 2014	1,817
Pension Benefits 2015	1,720
Pension Benefits 2016	1,583
Pension Benefits 2017	1,478
Pension Benefits 2018 to 2022	5,917
Pension Benefits [Member]
Other postretirement benefit plans defined benefit net including medicare subsidy
Pension Benefits 2013	4,072
Pension Benefits 2014	4,067
Pension Benefits 2015	4,044
Pension Benefits 2016	4,051
Pension Benefits 2017	4,236
Pension Benefits 2018 to 2022	21,569
Postretirement Benefits [Member]
Other postretirement benefit plans defined benefit net including medicare subsidy
Pension Benefits 2013	2,140
Pension Benefits 2014	2,040
Pension Benefits 2015	1,930
Pension Benefits 2016	1,780
Pension Benefits 2017	1,660
Pension Benefits 2018 to 2022	6,656
Other Postretirement Benefit Plans Defined Benefit Expected Medicare Subsidy [Member]
Other postretirement benefit plans defined benefit net including medicare subsidy
Pension Benefits 2013	234
Pension Benefits 2014	223
Pension Benefits 2015	210
Pension Benefits 2016	197
Pension Benefits 2017	182
Pension Benefits 2018 to 2022	$ 739

Pensions and Postretirement Benefits (Details 7) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012
Summary of one-percentage-point change in the assumed health care cost trend rate
Effect on total of service and interest cost components in 2012 Increase	$ 63
Effect on total of service and interest cost components in 2012 Decrease	(56)
Effect on postretirement benefit obligation as of December 31, 2012 Increase	1,501
Effect on postretirement benefit obligation as of December 31, 2012 Decrease	$ (1,328)

Pensions and Postretirement Benefits (Details Textual) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Pensions and Postretirement Benefits (Additional Textual) [Abstract]
Benefit obligation	$ 0	$ 1,100
Expected return on plan assets	8.25%
Annual rate of increase in the per capita cost of covered medical health care benefits	7.00%
Annual rate of increase in the per capita cost of covered health drug benefits	7.25%
Rate of medical and drug	5.00%
Annual supplemental retirement benefit	375
Supplemental Pension Maximum	13 years
Vested retirement benefit credited service maximum period	7 years
Vested retirement benefit credited service period	20 years
Percentage of Supplemental Pension Received	100.00%
SERP Expense	476	389	389
Contribution retirement benefit credited quarterly	94
Contribution retirement benefit credited annually	375
Contribution retirement benefit vested period	7 years
Contribution retirement benefit vested, Percentage	100.00%
Pension Benefits [Member]
Pensions And Postretirement Benefits (Textual) [Abstract]
Estimated net loss	(731)
Estimated prior service cost	44
Estimated net transition obligation	(40)
Pensions and Postretirement Benefits (Additional Textual) [Abstract]
Expected return on plan assets	8.25%	8.25%	8.25%
Postretirement Benefits [Member]
Pensions And Postretirement Benefits (Textual) [Abstract]
Estimated net loss	802
Estimated prior service cost	$ (96)

Leases (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Leases (Textual) [Abstract]
2013	$ 12,588
2014	9,149
2015	6,858
2016	5,416
2017	4,102
Thereafter	7,333
Rental expense	15,799	16,363	13,068
Gains or losses resulted from sales lease back transaction	0
Affiliated Entity [Member]
Leases (Textual) [Abstract]
Rental expense	$ 2,560

- Definition

Amount of required minimum rental payments maturing in the next fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the forth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the third fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing in the second fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

- Definition

Amount of required minimum rental payments maturing after the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year.

+ References+ Details

Earnings Per Share (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
NUMERATOR
Net income	$ 31,786	$ 29,435	$ 15,187
DENOMINATOR
Denominator for basic earnings per share - weighted average shares	11,920	11,580	11,314
Effect of dilutive securities:
Employee stock options and restricted shares	196	419	493
Denominator for diluted earnings per share - weighted average shares and assumed conversions	12,116	11,999	11,807
Amounts per common share:
Basic	$ 2.67	$ 2.54	$ 1.34
Diluted	$ 2.62	$ 2.45	$ 1.29

Earnings Per Share (Details Textual)	12 Months Ended
Earnings Per Share (Details Textual)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Earnings Per Share (Textual) [Abstract]
Anti-dilutive shares not included in computation	20,000	40,000	201,100

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

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-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

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-Publisher FASB

-Name Accounting Standards Codification

-Glossary Diluted Earnings Per Share

-URI http://asc.fasb.org/extlink&oid=6510752

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-Name Accounting Standards Codification

-Glossary Contingent Stock Agreement

-URI http://asc.fasb.org/extlink&oid=6508534

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-Name Accounting Standards Codification

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-Name Statement of Financial Accounting Standard (FAS)

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+ Details

Accumulated Comprehensive Income (Loss) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Changes in accumulated comprehensive income (loss)
Accumulated Other Comprehensive Income (Loss), Cumulative Translation Adjustment, Net of Tax, Beginning Balance	$ 4,852	$ 6,239	$ 6,950
Accumulated Other Comprehensive Income (Loss), Pension and Postretirement benefits, Translation Adjustment, Net of Tax, Beginning Balance	(13,257)	(3,801)	(12,064)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	(8,405)	2,438	(5,114)
Translation gain (loss)	585	(1,387)	(711)
Net gain (loss) arising during the year, net of tax		(9,630)	7,658
Recognition of prior service (cost) credit, net of tax	(34)	(31)	(31)
Recognition of gain (loss), net of tax	1,023	205	636
Accumulated Other Comprehensive Income (Loss), Cumulative Translation Adjustment, Net of Tax, Ending Balance	5,437	4,852	6,239
Accumulated Other Comprehensive Income (Loss), Pension and Postretirement benefits, Translation Adjustment, Net of Tax, Ending Balance	(12,268)	(13,257)	(3,801)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	$ (6,831)	$ (8,405)	$ 2,438

- Definition

The total of net gain (loss), prior service cost (credit), and transition assets (obligations), as well as minimum pension liability if still remaining, included in accumulated other comprehensive income associated with a defined benefit pension or other postretirement plan(s) because they have yet to be recognized as components of net periodic benefit cost.

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-Topic 715

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- Definition

Accumulated adjustment, net of tax, that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency from the functional currency of the reporting entity, net of reclassification of realized foreign currency translation gains or losses.

+ References

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-Number 12

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+ Details

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

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-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

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-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 31

-Article 5

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-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

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- Definition

Amount after tax, before reclassification adjustments, resulting from the process of expressing in the reporting currency of the reporting entity those amounts that are denominated or measured in a different currency, and from transactions whose terms are denominated in a currency other than the entity's functional currency.

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-Publisher AICPA

-Name Accounting Research Bulletin (ARB)

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+ Details

- Definition

Net of tax amount of the income statement impact of the reclassification adjustment for prior service costs recognized as a component of net period benefit cost.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Statement of Financial Accounting Standard (FAS)

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+ Details

Accumulated Comprehensive Income (Loss) (Details Textual) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Accumulated Comprehensive Income (Loss) (Textual) [Abstract]
Net gain (loss) arising during the year, net of tax	$ 0	$ (6,420)	$ (1,211)
Recognition of prior service (cost) credit, net of tax	(18)	(21)	(3)
Recognition of gain loss net of tax	$ 563	$ 203	$ 71

- Definition

Tax effect of the income statement impact of the reclassification adjustment for prior service costs recognized as a component of net period benefit cost.

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-Name Statement of Financial Accounting Standard (FAS)

-Number 158

-Paragraph 7

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tax effect of the increase (decrease) in the value of the projected benefit obligation and the (increase) decrease in the value of the plan assets resulting from experience different from that assumed or from a change in an actuarial assumption that has not been recognized in net periodic benefit cost.

+ References+ Details

Restructuring and Unusual Charges (Details Textual) (USD $) In Thousands, unless otherwise specified	3 Months Ended		12 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Dec. 31, 2011	Dec. 31, 2010
Restructuring and Unusual Charges (Textual) [Abstract]
Restructuring and asset impairment charges	$ 5,359	$ 3,539	$ 5,359	$ 3,539

Valuation and Qualifying Accounts and Reserves (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Trade receivable allowances [Member]
Valuation and qualifying accounts and reserves
Balance at Beginning of Period	$ 5,483	$ 6,011	$ 8,388
Charged to Costs and Expense	1,776	708	2,581
Deductions and Other	(3,696)	(1,236)	(4,958)
Balance at End of Period	3,563	5,483	6,011
Inventory obsolescence reserve [Member]
Valuation and qualifying accounts and reserves
Balance at Beginning of Period	24,881	22,788	21,456
Charged to Costs and Expense	11,641	7,433	8,956
Deductions and Other	(9,316)	(5,340)	(7,624)
Balance at End of Period	27,206	24,881	22,788
Tax valuation allowances [Member]
Valuation and qualifying accounts and reserves
Balance at Beginning of Period	4,409	22,386	30,668
Charged to Costs and Expense	(167)	(17,977)	(5,754)
Deductions and Other			(2,528)
Balance at End of Period	4,242	4,409	22,386
Product warranty liability [Member]
Valuation and qualifying accounts and reserves
Balance at Beginning of Period	4,208	4,046	2,760
Charged to Costs and Expense	5,395	3,583	2,294
Deductions and Other	(2,714)	(3,421)	(1,008)
Balance at End of Period	$ 6,889	$ 4,208	$ 4,046

Valuation and Qualifying Accounts and Reserves (Details Textual) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012
Valuation and Qualifying Accounts and Reserves (Textual) [Abstract]
Acquired warranty liabilities	$ 3,316