Badger Meter, Inc
(NYSE:BMI)

Badger Meter, Inc. manufactures and markets flow measurement, quality, control, and communication solutions in the United States, Asia, Canada, Europe, Mexico, the Middle East, and internationally. It offers mechanical or static water meters, and related radio and software technologies and services ...

Website: http://www.badgermeter.com

Founded: 1905

Full Time Employees: 1,567

Sector: Industrials

Industry: Electrical Equipment & Parts

Industrials

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Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2005-12-31	2004-12-31

net sales	202,277,000	220,706,000	235,651,000	238,095,000	222,211,000	205,182,000	208,438,000	216,658,000	196,280,000	182,440,000	186,193,000	175,858,000	159,101,000	147,324,000	148,009,000	137,833,000	132,402,000	135,749,000	128,738,000	122,869,000	117,842,000	112,330,000	113,587,000	91,119,000	108,508,000	107,556,000	108,646,000	103,542,000	104,881,000	104,413,000	110,630,000	113,648,000	105,041,000	96,650,000	100,008,000	104,176,000	101,606,000	93,098,000	96,273,000	103,820,000	100,570,000	95,770,000	99,388,000	98,896,000	83,644,000	89,339,000	96,271,000	95,662,000	83,496,000	81,010,000	92,963,000	88,341,000	71,808,000	74,323,000	87,130,000	81,974,000	76,233,000	60,710,000	69,698,000	75,148,000	57,359,000	64,843,000	75,702,000	74,290,000	61,799,000	56,436,000	60,814,000	67,763,000	65,324,000	67,646,000	68,826,000	74,660,000	68,420,000	57,198,000	62,782,000	62,173,000	52,663,000
yoy	-8.97%	7.57%	13.06%	9.89%	13.21%	12.47%	11.95%	23.20%	23.37%	23.84%	25.80%	27.59%	20.17%	8.53%	14.97%	12.18%	12.36%	20.85%	13.34%	34.84%	8.60%	4.44%	4.55%	-12.00%	3.46%	3.01%	-1.79%	-8.89%	-0.15%	8.03%	10.62%	9.09%	3.38%	3.82%	3.88%	0.34%	1.03%	-2.79%	-3.13%	4.98%	20.24%	7.20%	3.24%	3.38%	0.18%	10.28%	3.56%	8.29%	16.28%	9.00%	6.69%	7.77%	-5.80%	22.42%	25.01%	9.08%	32.91%	-6.37%	-7.93%	1.15%	-7.18%	14.90%	24.48%	9.63%	-5.40%	-16.57%	-11.64%	-9.24%	-4.52%	18.27%	9.63%	20.08%	29.92%
qoq	-8.35%	-6.34%	-1.03%	7.15%	8.30%	-1.56%	-3.79%	10.38%	7.59%	-2.02%	5.88%	10.53%	7.99%	-0.46%	7.38%	4.10%	-2.47%	5.45%	4.78%	4.27%	4.91%	-1.11%	24.66%	-16.03%	0.89%	-1.00%	4.93%	-1.28%	0.45%	-5.62%	-2.66%	8.19%	8.68%	-3.36%	-4.00%	2.53%	9.14%	-3.30%	-7.27%	3.23%	5.01%	-3.64%	0.50%	18.23%	-6.37%	-7.20%	0.64%	14.57%	3.07%	-12.86%	5.23%	23.02%	-3.38%	-14.70%	6.29%	7.53%	25.57%	-12.90%	-7.25%	31.01%	-11.54%	-14.34%	1.90%	20.21%	9.50%	-7.20%	-10.25%	3.73%	-3.43%	-1.71%	-7.81%	9.12%	19.62%	-8.89%	0.98%	18.06%
cost of sales	117,950,000	127,719,000	139,815,000	140,285,000	126,774,000	122,422,000	124,560,000	131,290,000	119,102,000	110,975,000	113,470,000	106,424,000	96,285,000	90,359,000	90,487,000	83,073,000	81,679,000	80,913,000	77,554,000	72,767,000	68,480,000	68,276,000	68,564,000	55,269,000	65,186,000	66,431,000	66,976,000	63,266,000	64,424,000	64,262,000	66,684,000	72,144,000	68,293,000	57,647,000	62,969,000	63,122,000	62,956,000	59,576,000	57,626,000	64,424,000	61,559,000	61,313,000	63,287,000	63,753,000	53,569,000	58,444,000	59,806,000	60,831,000	54,545,000	52,007,000	59,860,000	58,495,000	46,771,000	45,472,000	52,800,000	51,773,000	47,369,000	41,327,000	46,918,000	47,928,000	36,922,000	40,205,000	47,748,000	47,267,000	38,590,000	35,920,000	37,089,000	41,162,000	39,152,000	43,494,000	45,418,000	48,286,000	43,896,000	37,257,000	40,114,000	39,639,000	36,408,000
gross margin	84,327,000	92,987,000	95,836,000	97,810,000	95,437,000	82,760,000	83,878,000	85,368,000	77,178,000	71,465,000	72,723,000	69,434,000	62,816,000	56,965,000	57,522,000	54,760,000	50,723,000	54,836,000	51,184,000	50,102,000	49,362,000	44,054,000	45,023,000	35,850,000	43,322,000	41,125,000	41,670,000	40,276,000	40,457,000	40,151,000	43,946,000	41,504,000	36,748,000	39,003,000	37,039,000	41,054,000	38,650,000	33,522,000	38,647,000	39,396,000	39,011,000	34,457,000	36,101,000	35,143,000	30,075,000	30,895,000	36,465,000	34,831,000	28,951,000	29,003,000	33,103,000	29,846,000	25,037,000	28,851,000	34,330,000	30,201,000	28,864,000	19,383,000	22,780,000	27,220,000	20,437,000	24,638,000	27,954,000	27,023,000	23,209,000	20,516,000	23,725,000	26,601,000	26,172,000	24,152,000	23,408,000	26,374,000	24,524,000	19,941,000	22,668,000	22,534,000	16,255,000
yoy	-11.64%	12.36%	14.26%	14.57%	23.66%	15.80%	15.34%	22.95%	22.86%	25.45%	26.43%	26.80%	23.84%	3.88%	12.38%	9.30%	2.76%	24.47%	13.68%	39.75%	13.94%	7.12%	8.05%	-10.99%	7.08%	2.43%	-5.18%	-2.96%	10.09%	2.94%	18.65%	1.10%	-4.92%	16.35%	-4.16%	4.21%	-0.93%	-2.71%	7.05%	12.10%	29.71%	11.53%	-1.00%	0.90%	3.88%	6.52%	10.16%	16.70%	15.63%	0.53%	-3.57%	-1.18%	-13.26%	48.85%	50.70%	10.95%	41.23%	-21.33%	-18.51%	0.73%	-11.94%	20.09%	17.83%	1.59%	-11.32%	-15.05%	1.35%	0.86%	6.72%	21.12%	3.26%	17.04%	50.87%
qoq	-9.31%	-2.97%	-2.02%	2.49%	15.32%	-1.33%	-1.75%	10.61%	7.99%	-1.73%	4.74%	10.54%	10.27%	-0.97%	5.04%	7.96%	-7.50%	7.14%	2.16%	1.50%	12.05%	-2.15%	25.59%	-17.25%	5.34%	-1.31%	3.46%	-0.45%	0.76%	-8.64%	5.88%	12.94%	-5.78%	5.30%	-9.78%	6.22%	15.30%	-13.26%	-1.90%	0.99%	13.22%	-4.55%	2.73%	16.85%	-2.65%	-15.27%	4.69%	20.31%	-0.18%	-12.39%	10.91%	19.21%	-13.22%	-15.96%	13.67%	4.63%	48.91%	-14.91%	-16.31%	33.19%	-17.05%	-11.86%	3.45%	16.43%	13.13%	-13.53%	-10.81%	1.64%	8.36%	3.18%	-11.25%	7.54%	22.98%	-12.03%	0.59%	38.63%
gross margin %	41.69%	42.13%	40.67%	41.08%	42.95%	40.33%	40.24%	39.40%	39.32%	39.17%	39.06%	39.48%	39.48%	38.67%	38.86%	39.73%	38.31%	40.40%	39.76%	40.78%	41.89%	39.22%	39.64%	39.34%	39.93%	38.24%	38.35%	38.90%	38.57%	38.45%	39.72%	36.52%	34.98%	40.35%	37.04%	39.41%	38.04%	36.01%	40.14%	37.95%	38.79%	35.98%	36.32%	35.54%	35.96%	34.58%	37.88%	36.41%	34.67%	35.80%	35.61%	33.78%	34.87%	38.82%	39.40%	36.84%	37.86%	31.93%	32.68%	36.22%	35.63%	38.00%	36.93%	36.38%	37.56%	36.35%	39.01%	39.26%	40.06%	35.70%	34.01%	35.33%	35.84%	34.86%	36.11%	36.24%	30.87%
selling, engineering and administration	49,156,000	49,938,000	49,752,000	52,947,000	46,012,000	43,537,000	43,255,000	43,856,000	40,600,000	39,386,000	41,301,000	39,932,000	37,770,000	34,491,000	33,651,000	32,672,000	31,861,000	31,975,000	31,744,000	31,427,000	31,615,000	27,092,000	25,509,000	23,186,000	27,307,000	24,782,000	25,225,000	25,243,000	26,130,000	25,341,000	28,212,000	25,153,000	26,774,000	25,852,000	24,628,000	24,463,000	25,181,000	24,427,000	24,705,000	24,474,000	26,205,000	24,947,000	22,477,000	22,961,000	23,022,000	22,742,000	20,482,000	20,610,000	21,261,000	18,654,000	19,230,000	19,686,000	20,312,000	20,036,000	20,219,000	18,846,000	18,676,000	17,353,000	14,791,000	14,943,000	15,199,000	14,979,000	14,518,000	14,041,000	14,463,000	13,066,000	13,057,000	13,944,000	14,704,000	14,056,000	14,221,000	14,624,000	14,655,000	12,775,000	12,904,000	13,118,000	11,985,000
operating earnings	35,171,000	43,049,000	46,084,000	44,863,000	49,425,000	39,223,000	40,623,000	41,512,000	36,578,000	32,079,000	31,422,000	29,502,000	25,046,000	22,474,000	23,871,000	22,088,000	18,862,000	22,861,000	19,440,000	18,675,000	17,747,000	16,962,000	19,514,000	12,664,000	16,015,000	16,343,000	16,445,000	15,033,000	14,327,000	14,810,000	15,734,000	16,351,000	9,974,000	13,151,000	12,411,000	16,591,000	13,469,000	9,095,000	13,942,000	14,922,000	12,806,000	9,510,000	13,624,000	12,182,000	7,053,000	8,153,000	15,983,000	14,221,000	7,690,000	10,349,000	13,873,000	10,160,000	4,725,000	8,815,000	14,111,000	11,355,000	10,188,000	2,030,000	7,989,000	12,277,000	5,238,000	9,659,000	13,436,000	12,982,000	8,746,000	7,450,000	10,668,000	12,657,000	11,468,000	10,096,000	9,187,000	11,750,000	9,869,000	7,166,000	9,764,000	9,416,000	4,270,000
interest income	-1,138,000	-1,565,000	-1,330,000	-895,000	-1,334,000	-2,924,000	-2,301,000	-1,862,000	-1,526,000	-1,398,000	-1,200,000
other pension and postretirement income	-28,000
earnings before income taxes	36,337,000	44,642,000	47,442,000	45,786,000	50,787,000	42,135,000	42,911,000	43,362,000	38,092,000	33,444,000	32,590,000	30,296,000	25,636,000	22,907,000	23,947,000	22,046,000	18,817,000	22,879,000	19,396,000	18,639,000	17,709,000	16,914,000	19,539,000	12,588,000	15,940,000	16,205,000	16,338,000	14,913,000	14,151,000	14,586,000	3,652,000	7,911,000	9,703,000	12,929,000	12,169,000	16,444,000	13,291,000	8,885,000	13,729,000	14,694,000	12,536,000	9,234,000	13,319,000	11,863,000	6,736,000	7,893,000	15,710,000	13,910,000	7,399,000	10,095,000	13,609,000	9,828,000	4,477,000	8,546,000	13,825,000	11,117,000	9,983,000	6,345,750	8,076,000	12,181,000	5,126,000			12,902,000	8,646,000			12,350,000	11,068,000
provision for income taxes	9,002,000	11,067,000	12,365,000	11,202,000	12,389,000	11,418,000	10,873,000	10,306,000	8,961,000	8,723,000	6,621,000	7,803,000	6,221,000	5,368,000	6,014,000	5,382,000	4,457,000	5,603,000	3,541,000	4,667,000	3,928,000	3,820,000	4,678,000	3,054,000	4,086,000	3,931,000	3,617,000	3,555,000	3,327,000	3,347,000	801,000	1,757,000	2,157,000	5,696,000	4,194,000	5,830,000	4,542,000	2,772,000	4,937,000	5,294,000	4,546,000	3,751,000	4,992,000	3,962,000	2,509,000	1,892,000	5,479,000	5,096,000	2,767,000	3,715,000	4,560,000	3,547,000	1,570,000	3,062,000	4,968,000	3,675,000	3,734,000	779,000	1,196,000	4,347,000	1,866,000	3,291,000	4,318,000	4,873,000	3,294,000	2,200,000	4,665,000	4,593,000	4,095,000	3,520,000	2,980,000	4,374,000	3,597,000	2,709,000	3,400,000	3,381,000	1,449,000
net earnings	27,335,000	33,575,000	35,077,000	34,584,000	38,398,000	30,717,000	32,038,000	33,056,000	29,131,000	24,721,000	25,969,000	22,493,000	19,415,000	17,539,000	17,933,000	16,664,000	14,360,000	17,276,000	15,855,000	13,972,000	13,781,000	13,094,000	14,861,000	9,534,000	11,854,000	12,274,000	12,721,000	11,358,000	10,824,000	11,239,000	2,851,000	6,154,000	7,546,000	7,233,000	7,975,000	10,614,000	8,749,000	6,113,000	8,792,000	9,400,000	7,990,000	5,483,000	8,327,000	7,901,000	4,227,000	6,001,000	10,231,000	8,814,000	4,632,000	6,380,000	9,049,000	6,281,000	2,907,000	5,484,000	8,857,000	7,442,000	6,249,000	1,187,000	6,880,000	7,834,000	3,260,000	6,258,000	9,023,000	8,029,000	5,352,000	5,085,000	14,355,000	7,757,000	6,973,000	6,195,000	5,828,000	7,041,000	6,020,000	2,666,000	5,751,000	5,468,000	2,572,000
yoy	-28.81%	9.30%	9.49%	4.62%	31.81%	24.25%	23.37%	46.96%	50.04%	40.95%	44.81%	34.98%	35.20%	1.52%	13.11%	19.27%	4.20%	31.94%	6.69%	46.55%	16.26%	6.68%	16.82%	-16.06%	9.52%	9.21%	346.19%	84.56%	43.44%	55.39%	-64.25%	-42.02%	-13.75%	18.32%	-9.29%	12.91%	9.50%	11.49%	5.58%	18.97%	89.02%	-8.63%	-18.61%	-10.36%	-8.74%	-5.94%	13.06%	40.33%	59.34%	16.34%	2.17%	-15.60%	-53.48%	362.01%	28.74%	-5.00%	91.69%	-81.03%	-23.75%	-2.43%	-39.09%	23.07%	-37.14%	3.51%	-23.25%	-17.92%	146.31%	10.17%	15.83%	132.37%	1.34%	28.77%	134.06%
qoq	-18.59%	-4.28%	1.43%	-9.93%	25.01%	-4.12%	-3.08%	13.47%	17.84%	-4.81%	15.45%	15.85%	10.70%	-2.20%	7.62%	16.04%	-16.88%	8.96%	13.48%	1.39%	5.25%	-11.89%	55.87%	-19.57%	-3.42%	-3.51%	12.00%	4.93%	-3.69%	294.21%	-53.67%	-18.45%	4.33%	-9.30%	-24.86%	21.32%	43.12%	-30.47%	-6.47%	17.65%	45.72%	-34.15%	5.39%	86.92%	-29.56%	-41.34%	16.08%	90.28%	-27.40%	-29.49%	44.07%	116.06%	-46.99%	-38.08%	19.01%	19.09%	426.45%	-82.75%	-12.18%	140.31%	-47.91%	-30.64%	12.38%	50.02%	5.25%	-64.58%	85.06%	11.24%	12.56%	6.30%	-17.23%	16.96%	125.81%	-53.64%	5.18%	112.60%
net income margin %	13.51%	15.21%	14.89%	14.53%	17.28%	14.97%	15.37%	15.26%	14.84%	13.55%	13.95%	12.79%	12.20%	11.91%	12.12%	12.09%	10.85%	12.73%	12.32%	11.37%	11.69%	11.66%	13.08%	10.46%	10.92%	11.41%	11.71%	10.97%	10.32%	10.76%	2.58%	5.41%	7.18%	7.48%	7.97%	10.19%	8.61%	6.57%	9.13%	9.05%	7.94%	5.73%	8.38%	7.99%	5.05%	6.72%	10.63%	9.21%	5.55%	7.88%	9.73%	7.11%	4.05%	7.38%	10.17%	9.08%	8.20%	1.96%	9.87%	10.42%	5.68%	9.65%	11.92%	10.81%	8.66%	9.01%	23.60%	11.45%	10.67%	9.16%	8.47%	9.43%	8.80%	4.66%	9.16%	8.79%	4.88%
earnings per share:
basic	0.94	1.15	1.19	1.18	1.31	1.05	1.09	1.13	0.99	0.84	0.89	0.77	0.66	0.6	0.61	0.57	0.49	0.59	0.54	0.48	0.47	0.45	0.51	0.33	0.41	0.43	0.44	0.39	0.37	0.39	0.1	0.21	0.26	0.26	0.28	0.37	0.3	0.21	0.3	0.65	0.55	0.38	0.58	0.55	0.29	0.4	0.71	0.62	0.33	0.44	0.63	0.44	0.21	0.39	0.63	0.52	0.42	0.3	0.46	0.52	0.22			0.54	0.36			0.53	0.47
diluted	0.93	1.14	1.19	1.17	1.3	1.04	1.08	1.12	0.99	0.84	0.88	0.76	0.66	0.59	0.61	0.57	0.49	0.59	0.54	0.48	0.47	0.45	0.51	0.33	0.41	0.42	0.44	0.39	0.37	0.38	0.1	0.21	0.26	0.25	0.27	0.36	0.3	0.21	0.3	0.65	0.55	0.38	0.58	0.55	0.29	0.4	0.71	0.61	0.32	0.44	0.63	0.44	0.2	0.39	0.62	0.52	0.42	0.298	0.46	0.52	0.22			0.53	0.36			0.52	0.47
dividends declared per common share	0.4	0.27	0.4	0.34	0.34	0.22	0.34	0.27	0.27	0.18	0.27	0.23	0.23	0.158	0.23	0.2	0.2	0.14	0.2	0.18	0.18	0.13	0.18	0.17	0.17	0.118	0.17	0.15	0.15	0.103	0.15	0.13	0.13	0.09	0.13	0.115	0.115	0.079	0.115	0.2	0.2	0.145	0.2	0.19	0.19	0.138	0.19	0.18	0.18
shares used in computation of earnings per share:
basic	29,214,558	-29,376,031	29,424,004	29,414,457	29,378,491	-29,322,332	29,369,923	29,361,034	29,320,483	-29,246,161	29,294,886	29,272,693	29,255,184	-29,182,270	29,215,982	29,210,444	29,198,888	-29,095,347	29,157,628	29,114,346	29,098,490	-29,020,623	29,048,683	29,047,297	29,042,158	-28,993,052	29,013,573	29,027,887	29,028,964	-28,954,122	28,989,205	28,963,373	28,932,787	-28,911,013	28,939,292	28,938,451	28,900,702	-28,850,420	28,898,526	14,443,539	14,421,250	-14,359,091	14,392,517	14,379,450	14,332,775	-14,163,176	14,312,847	14,309,509	14,240,220	-14,339,338	14,371,718	14,365,536	14,145,406	-14,379,312	14,128,055	14,234,900	14,831,780	-14,944,231	14,989,366	14,962,314	14,938,758	-14,882,995	14,910,497	14,924,203	14,892,254	-14,760,185	14,830,871	14,769,853	14,689,324	-14,503,024	14,618,072	14,509,709	14,394,862	-14,152,600	14,288,860	14,167,554	14,057,135
impact of dilutive securities	150,612	-172,019	159,380	170,883	186,306	-173,127	178,005	167,904	174,005	-172,858	178,488	174,832	165,770	-151,451	156,482	133,907	164,438	-199,849	184,204	197,828	218,098	-169,684	171,814	218,422	181,757	-192,920	179,765	183,646	209,660	-198,232	207,955	170,070	217,259	-173,284	178,756	159,369	182,279	-160,337	162,306	82,166	77,432	-67,627	64,104	63,816	74,232	-70,572	64,108	57,844	89,977	-79,465	75,017	65,463	91,351	-65,073	57,851	72,332	65,837	-84,261	69,109	90,478	119,474	-101,185	96,068	97,232	110,556	-159,816	130,633	158,085	191,176	-309,461	259,725	314,127
diluted	29,365,170	-29,548,050	29,583,384	29,585,340	29,564,797	-29,495,459	29,547,928	29,528,938	29,494,488	-29,419,019	29,473,374	29,447,525	29,420,954	-29,333,721	29,372,464	29,344,351	29,363,326	-29,295,196	29,341,832	29,312,174	29,316,588	-29,190,307	29,220,497	29,265,719	29,223,915	-29,185,972	29,193,338	29,211,533	29,238,624	-29,152,354	29,197,160	29,133,443	29,150,046	-29,084,297	29,118,048	29,097,820	29,082,981	-29,010,757	29,060,832	14,525,705	14,498,682	-14,426,718	14,456,621	14,443,266	14,407,007	-14,233,748	14,376,955	14,367,353	14,330,197	-14,418,803	14,446,735	14,430,999	14,236,757	-14,444,385	14,185,906	14,307,232	14,897,617	-15,028,492	15,058,475	15,052,792	15,058,232	-14,984,180	15,006,565	15,021,435	15,002,810	-14,920,001	14,961,504	14,927,938	14,880,500	-14,812,485	14,877,797	14,823,836	14,750,236	-14,569,875	14,661,224	14,567,020	14,540,086
other pension and postretirement (income) costs		-28,000	-28,000	-28,000
other pension and postretirement costs					-28,000	12,000	13,000	12,000	12,000	33,000	32,000	33,000	32,000	33,000	32,000	33,000	32,000	30,000	30,000	29,000	31,000	36,000	21,000	44,000	44,000	165,000	41,000	35,000	47,000	61,000	11,787,000	8,031,000
interest expense												-827,000	-622,000	-466,000	-108,000	9,000	13,000	-48,000	14,000	7,000	7,000	12,000	-46,000	32,000	31,000	-27,000	66,000	85,000	129,000	163,000	295,000	409,000	290,000	222,000	242,000	147,000	178,000	210,000	213,000	228,000	270,000	276,000	305,000	319,000	317,000	260,000	273,000	311,000	291,000	254,000	264,000	332,000	248,000	269,000	286,000	238,000	205,000	64,000	-87,000	96,000	112,000	110,000	95,000	80,000	100,000	165,000	-962,000	307,000	400,000	381,000	379,000	335,000	252,000	276,000	348,000	315,000	352,000
other pension and postretirement (benefits) costs																																	-19,000
per share amounts:
dividends declared – common stock																																																		0.13	0.18	0.17	0.17	0.123	0.17	0.16	0.16	0.11	0.16																	0.08	0.08
dividends declared — common stock																																																												0.14	0.14	0.095	0.14			0.085	0.12						0.09	0.063	0.09
earnings from continuing operations before income taxes																																																														9,549,000	13,341,000			7,285,000	11,630,000			9,715,000	8,808,000	11,415,000	9,617,000	6,890,000	9,416,000	9,101,000	3,918,000
earnings from continuing operations																																																														6,258,000	9,023,000			5,085,000	6,965,000			6,195,000	5,828,000	7,041,000	6,020,000	4,181,000	6,016,000	5,720,000	2,469,000
earnings from discontinued operations net of income taxes																																																																			7,390,000
earnings per share:
basic from continuing operations																																																														0.375	0.61			0.368	0.47							0.25	0.42	0.4	0.17
basic from discontinued operations																																																																		0.125	0.5							-0.008	-0.02	-0.01	0.01
total basic																																																														0.42	0.61			0.34	0.97			0.42	0.4	0.49	0.42	0.19	0.4	0.39	0.18
diluted from continuing operations																																																														0.373	0.6			0.363	0.47							0.243	0.41	0.39	0.17
diluted from discontinued operations																																																																		0.125	0.49							-0.005	-0.02	-0.01	0.01
total diluted																																																														0.42	0.6			0.33	0.96			0.42	0.39	0.48	0.41	0.18	0.39	0.38	0.18
dividends declared																																																																0.12	0.12			0.11	0.11	0.073	0.11	0.09
earnings per share amounts:
basic	0.94	1.15	1.19	1.18	1.31	1.05	1.09	1.13	0.99	0.84	0.89	0.77	0.66	0.6	0.61	0.57	0.49	0.59	0.54	0.48	0.47	0.45	0.51	0.33	0.41	0.43	0.44	0.39	0.37	0.39	0.1	0.21	0.26	0.26	0.28	0.37	0.3	0.21	0.3	0.65	0.55	0.38	0.58	0.55	0.29	0.4	0.71	0.62	0.33	0.44	0.63	0.44	0.21	0.39	0.63	0.52	0.42	0.3	0.46	0.52	0.22			0.54	0.36			0.53	0.47
diluted	0.93	1.14	1.19	1.17	1.3	1.04	1.08	1.12	0.99	0.84	0.88	0.76	0.66	0.59	0.61	0.57	0.49	0.59	0.54	0.48	0.47	0.45	0.51	0.33	0.41	0.42	0.44	0.39	0.37	0.38	0.1	0.21	0.26	0.25	0.27	0.36	0.3	0.21	0.3	0.65	0.55	0.38	0.58	0.55	0.29	0.4	0.71	0.61	0.32	0.44	0.63	0.44	0.2	0.39	0.62	0.52	0.42	0.298	0.46	0.52	0.22			0.53	0.36			0.52	0.47
loss from discontinued operations net of income taxes																																																																										-103,500	-265,000	-252,000
earnings per share amounts:
basic:
from continuing operations																																																																						0.42	0.4	0.49	0.42
from discontinued operations
diluted:
earnings from discontinued operations																																																																													103,000
impact of diluted securities																																																																									355,374
diluted	29,365,170	-29,548,050	29,583,384	29,585,340	29,564,797	-29,495,459	29,547,928	29,528,938	29,494,488	-29,419,019	29,473,374	29,447,525	29,420,954	-29,333,721	29,372,464	29,344,351	29,363,326	-29,295,196	29,341,832	29,312,174	29,316,588	-29,190,307	29,220,497	29,265,719	29,223,915	-29,185,972	29,193,338	29,211,533	29,238,624	-29,152,354	29,197,160	29,133,443	29,150,046	-29,084,297	29,118,048	29,097,820	29,082,981	-29,010,757	29,060,832	14,525,705	14,498,682	-14,426,718	14,456,621	14,443,266	14,407,007	-14,233,748	14,376,955	14,367,353	14,330,197	-14,418,803	14,446,735	14,430,999	14,236,757	-14,444,385	14,185,906	14,307,232	14,897,617	-15,028,492	15,058,475	15,052,792	15,058,232	-14,984,180	15,006,565	15,021,435	15,002,810	-14,920,001	14,961,504	14,927,938	14,880,500	-14,812,485	14,877,797	14,823,836	14,750,236	-14,569,875	14,661,224	14,567,020	14,540,086
impact of stock-based compensation																																																																										104,420.25	372,364	399,466	482,951
diluted	29,365,170	-29,548,050	29,583,384	29,585,340	29,564,797	-29,495,459	29,547,928	29,528,938	29,494,488	-29,419,019	29,473,374	29,447,525	29,420,954	-29,333,721	29,372,464	29,344,351	29,363,326	-29,295,196	29,341,832	29,312,174	29,316,588	-29,190,307	29,220,497	29,265,719	29,223,915	-29,185,972	29,193,338	29,211,533	29,238,624	-29,152,354	29,197,160	29,133,443	29,150,046	-29,084,297	29,118,048	29,097,820	29,082,981	-29,010,757	29,060,832	14,525,705	14,498,682	-14,426,718	14,456,621	14,443,266	14,407,007	-14,233,748	14,376,955	14,367,353	14,330,197	-14,418,803	14,446,735	14,430,999	14,236,757	-14,444,385	14,185,906	14,307,232	14,897,617	-15,028,492	15,058,475	15,052,792	15,058,232	-14,984,180	15,006,565	15,021,435	15,002,810	-14,920,001	14,961,504	14,927,938	14,880,500	-14,812,485	14,877,797	14,823,836	14,750,236	-14,569,875	14,661,224	14,567,020	14,540,086

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2005-12-31	2004-12-31

assets
current assets:
cash and cash equivalents	205,453,000	226,016,000	201,693,000	165,208,000	131,358,000	295,305,000	258,955,000	226,212,000	199,310,000	191,782,000	162,910,000	141,805,000	128,361,000		114,787,000	100,210,000	89,219,000		67,038,000	57,359,000	51,402,000		93,901,000	85,201,000	70,376,000																																														4,944,000	5,401,000	6,286,000		4,552,000	5,991,000
accounts receivable	110,290,000	112,356,000	115,056,000	117,667,000	111,855,000	84,325,000
inventories:
finished goods	24,965,000	23,087,000	26,180,000	24,499,000	23,145,000	24,022,000	35,725,000	38,867,000	37,414,000	34,764,000	34,910,000	31,216,000	28,427,000	31,350,000	23,783,000	21,092,000	25,755,000	25,991,000	25,122,000	26,116,000	27,967,000	24,881,000	22,151,000	20,093,000	19,469,000	22,946,000	24,646,000	23,034,000	21,811,000	23,476,000	22,588,000	25,199,000	22,668,000	23,125,000	21,954,000	17,446,000	16,069,000	18,087,000	20,732,000	21,876,000	21,638,000	28,548,000	26,349,000	26,027,000	26,484,000	25,362,000	19,503,000	20,699,000	18,113,000	17,704,000	17,544,000	18,750,000	20,598,000	19,872,000	19,806,000	12,985,000	12,718,000	13,476,000	12,401,000	11,984,000	10,807,000	9,800,000	9,581,000	8,807,000	8,519,000	8,960,000	11,366,000	12,572,000	13,455,000	13,484,000	15,025,000	8,758,000	8,871,000	8,225,000	7,855,000	8,479,000	9,634,000	9,122,000
work in process	35,296,000	29,244,000	30,291,000	33,529,000	38,287,000	36,705,000	39,011,000	39,315,000	41,178,000	41,261,000	35,940,000	35,565,000	27,920,000	23,577,000	25,970,000	24,272,000	22,128,000	24,747,000	14,584,000	15,618,000	14,094,000	16,841,000	15,771,000	16,375,000	16,776,000	17,728,000	18,097,000	16,643,000	16,076,000	17,097,000	19,199,000	19,643,000	19,012,000	22,035,000	17,700,000	17,407,000	15,232,000	17,157,000	18,047,000	16,559,000	14,816,000	13,184,000	12,168,000	9,379,000	11,432,000	13,047,000	13,996,000	10,567,000	11,678,000	12,330,000	10,094,000	10,853,000	11,590,000	13,340,000	13,400,000	13,639,000	13,169,000	11,377,000	10,282,000	11,527,000	17,655,000	15,284,000	13,261,000	11,993,000	11,684,000	10,372,000	9,245,000	10,675,000	10,895,000	10,990,000	12,395,000	15,150,000	12,604,000	10,660,000	10,529,000	9,064,000	9,920,000	10,302,000
raw materials	114,932,000	99,604,000	96,156,000	89,233,000	87,973,000	82,681,000	83,781,000	83,084,000	81,852,000	77,649,000	76,938,000	77,968,000	75,997,000	64,929,000	63,855,000	66,073,000	55,137,000	48,873,000	52,118,000	49,059,000	42,190,000	39,864,000	39,065,000	40,378,000	38,185,000	41,274,000	42,092,000	43,642,000	42,667,000	40,231,000	42,558,000	40,814,000	43,448,000	40,012,000	37,356,000	39,035,000	38,996,000	42,457,000	43,658,000	42,280,000	39,724,000	36,864,000	37,226,000	36,316,000	34,092,000	33,365,000	30,704,000	31,930,000	34,187,000	30,905,000	26,730,000	24,011,000	26,313,000	27,785,000	27,008,000	34,455,000	32,029,000	24,583,000	25,102,000	23,723,000	24,039,000	23,232,000	18,429,000	17,455,000	14,529,000	13,152,000	15,674,000	15,450,000	15,701,000	14,841,000	17,470,000	15,621,000	16,941,000	15,209,000	17,399,000	17,152,000	14,588,000	13,866,000
total inventories	175,193,000	151,935,000	152,627,000	147,261,000	149,405,000	143,408,000	158,517,000	161,266,000	160,444,000	153,674,000	147,788,000	144,749,000	132,344,000	119,856,000	113,608,000	111,437,000	103,020,000	99,611,000	91,824,000	90,793,000	84,251,000	81,586,000	76,987,000	76,846,000	74,430,000	81,948,000	84,835,000	83,319,000	80,554,000	80,804,000	84,345,000	85,656,000	85,128,000	85,172,000	77,010,000	73,888,000	70,297,000	77,701,000	82,437,000	80,715,000	76,178,000	78,596,000	75,743,000	71,722,000	72,008,000	71,774,000	64,203,000	63,196,000	63,978,000	60,939,000	54,368,000	53,614,000	58,501,000	60,997,000	60,214,000	61,079,000	57,916,000	49,436,000	47,785,000	47,234,000	52,501,000	48,316,000	41,271,000	38,255,000	34,732,000	32,484,000	36,285,000	38,697,000	40,051,000	39,315,000	44,890,000	39,529,000	38,416,000	34,094,000	35,783,000	34,695,000	34,142,000	33,290,000
prepaid expenses and other current assets	17,365,000	16,770,000	25,210,000	18,139,000	18,959,000	17,078,000	18,397,000	15,510,000	18,557,000	13,214,000	23,191,000	18,013,000	15,892,000	13,273,000	13,742,000	15,027,000	10,891,000	8,709,000	13,083,000	7,210,000	6,817,000	5,303,000	4,156,000	7,339,000	7,459,000	7,910,000	7,572,000	8,037,000	7,541,000	4,469,000	5,881,000	5,070,000	4,728,000	4,077,000	3,968,000	4,335,000	4,635,000	6,155,000	5,672,000	5,505,000	5,455,000	5,926,000	5,560,000	5,500,000	4,085,000	4,538,000	4,373,000	4,045,000	3,354,000	3,994,000	3,678,000	3,500,000	3,932,000	4,343,000	2,960,000	3,431,000	3,694,000	2,266,000	2,992,000	3,744,000	4,070,000	2,381,000	2,619,000	3,364,000	3,449,000	2,488,000	3,052,000	3,091,000	3,878,000	2,316,000	3,838,000	4,485,000	4,648,000	3,450,000	3,161,000	3,964,000	3,817,000	3,179,000
total current assets	508,301,000	507,077,000	494,586,000	448,275,000	411,577,000	540,116,000	529,296,000	509,217,000	470,598,000	442,177,000	422,952,000	388,587,000	360,843,000	347,832,000	325,628,000	303,921,000	281,277,000	261,360,000	245,692,000	219,313,000	204,112,000	220,851,000	232,750,000	223,407,000	211,429,000	200,094,000	191,541,000	175,544,000	171,223,000	164,659,000	170,884,000	168,154,000	166,760,000	158,623,000	163,256,000	156,499,000	152,202,000	151,012,000	156,747,000	154,902,000	150,758,000	149,328,000	149,387,000	156,173,000	141,946,000	141,105,000	141,873,000	139,720,000	133,298,000	127,163,000	122,651,000	116,445,000	117,450,000	121,374,000	126,962,000	126,651,000	123,405,000	101,195,000	103,176,000	104,272,000	100,152,000	97,337,000	102,562,000	97,355,000	95,267,000	86,680,000	89,805,000	85,405,000	87,667,000	86,529,000	92,545,000	90,559,000	86,262,000	79,934,000	83,040,000	87,839,000	81,478,000	79,359,000
property, plant and equipment, at cost	251,978,000		246,217,000	244,748,000	238,032,000		231,777,000	229,409,000	227,043,000		227,998,000	227,775,000	224,916,000		216,159,000	216,547,000	216,583,000		216,531,000	216,727,000	217,193,000		214,354,000	212,846,000	211,457,000		208,315,000	213,201,000	215,098,000		214,234,000	215,513,000	215,512,000		210,489,000	207,761,000	204,324,000		198,881,000	198,134,000	196,257,000		187,983,000	184,071,000	179,781,000		171,432,000	169,644,000	167,537,000		159,298,000	157,050,000	155,350,000		149,786,000	150,530,000	150,759,000		143,822,000	142,837,000	146,257,000		141,812,000	141,821,000	139,031,000		139,006,000	137,916,000	134,969,000		134,063,000	132,727,000	128,746,000		123,350,000	120,414,000	116,153,000
less accumulated depreciation	-171,144,000	-168,814,000	-167,855,000	-166,811,000	-162,345,000	-158,943,000	-158,498,000	-156,955,000	-154,109,000	-152,110,000	-153,559,000	-153,069,000	-150,391,000	-147,403,000	-143,790,000	-142,507,000	-140,514,000	-138,746,000	-136,590,000	-135,145,000	-135,109,000	-134,699,000	-131,919,000	-129,656,000	-126,887,000	-124,064,000	-121,658,000	-124,689,000	-125,816,000	-123,401,000	-122,595,000	-122,838,000	-121,979,000	-118,884,000	-117,347,000	-116,303,000	-113,235,000	-110,784,000	-108,722,000	-107,381,000	-104,724,000	-103,149,000	-101,475,000	-100,179,000	-97,436,000	-95,594,000	-93,712,000	-92,458,000	-90,236,000	-87,722,000	-85,894,000	-85,501,000	-84,467,000	-82,276,000	-81,284,000	-82,339,000	-80,750,000	-78,826,000	-77,452,000	-75,827,000	-78,321,000	-77,866,000	-76,424,000	-77,846,000	-76,502,000	-75,252,000	-76,337,000	-74,967,000	-73,771,000	-72,111,000	-73,779,000	-73,549,000	-72,719,000	-71,100,000	-70,746,000	-69,281,000	-69,374,000	-68,540,000	-65,940,000	-65,279,000
net property, plant and equipment	80,834,000	79,636,000	78,362,000	77,937,000	75,687,000	74,260,000	73,279,000	72,454,000	72,934,000	73,878,000	74,439,000	74,706,000	74,525,000	73,542,000	72,369,000	74,040,000	76,069,000	78,050,000	79,941,000	81,582,000	82,084,000	82,705,000	82,435,000	83,190,000	84,570,000	85,761,000	86,657,000	88,512,000	89,282,000	90,321,000	91,639,000	92,675,000	93,533,000	93,601,000	93,142,000	91,458,000	91,089,000	90,194,000	90,159,000	90,753,000	91,533,000	90,920,000	86,508,000	83,892,000	82,345,000	81,806,000	77,720,000	77,186,000	77,301,000	76,416,000	73,404,000	71,549,000	70,883,000	70,484,000	68,502,000	68,191,000	70,009,000	66,102,000	66,370,000	67,010,000	67,936,000	66,088,000	65,388,000	63,975,000	62,529,000	62,871,000	62,669,000	62,949,000	61,198,000	61,823,000	60,284,000	59,178,000	56,027,000	54,578,000	52,604,000	51,133,000	46,779,000	44,709,000
intangible assets, at cost less accumulated amortization	114,395,000	118,496,000	122,060,000	126,109,000	131,091,000	45,066,000	48,957,000	50,178,000	52,471,000	53,737,000	54,634,000	57,512,000	59,511,000	53,607,000	54,314,000	57,772,000	61,252,000	64,176,000	67,076,000	70,178,000	72,119,000	53,598,000	42,884,000	44,638,000	46,396,000	48,163,000	49,934,000	51,717,000	53,534,000	55,418,000	57,301,000	59,113,000	57,468,000	59,326,000	57,835,000	60,027,000	50,340,000	51,872,000	52,810,000	54,328,000	55,869,000	57,348,000	58,508,000	58,786,000	60,243,000	61,672,000	53,401,000	54,780,000	56,058,000	57,317,000	60,163,000	61,416,000	57,129,000	58,351,000	59,845,000	61,169,000	62,825,000	33,680,000	34,323,000	34,912,000	35,369,000	34,170,000	34,712,000	26,287,000	23,248,000	23,603,000	23,960,000	24,316,000	24,673,000	25,030,000	25,387,000	25,742,000	450,000	477,000	513,000	554,000	595,000	636,000	1,026,000	1,160,000
other assets	18,520,000	18,653,000	13,955,000	15,708,000	17,123,000	12,676,000	13,543,000	13,350,000	11,293,000	11,249,000	12,225,000	11,849,000	11,927,000	14,048,000	15,450,000	15,580,000	16,541,000	15,390,000	16,508,000	17,235,000	18,063,000	17,428,000	17,297,000	15,022,000	15,288,000	15,875,000	16,126,000	15,819,000	15,810,000	8,872,000	9,436,000	9,240,000	9,226,000	9,897,000	10,704,000	9,606,000	9,694,000	6,607,000	7,988,000	8,452,000	8,870,000	8,485,000	9,231,000	9,941,000	9,620,000	8,397,000	8,019,000	7,845,000	7,786,000	6,155,000	6,033,000	5,712,000	5,400,000	4,314,000	5,691,000	6,262,000	6,087,000	6,259,000	6,439,000	6,814,000	6,682,000	7,449,000	7,373,000	7,217,000	5,462,000	5,845,000	6,133,000	5,915,000	5,736,000	5,713,000	5,526,000	5,535,000	5,079,000	4,919,000	4,984,000	4,513,000	4,256,000	4,211,000	4,101,000	4,009,000
deferred income taxes	14,105,000	14,140,000	32,653,000	32,692,000	32,580,000	32,525,000	22,785,000	22,706,000	22,704,000	22,715,000	12,809,000	12,801,000	12,829,000	12,757,000	7,512,000	7,512,000	7,512,000	7,529,000	5,084,000	5,077,000	5,081,000	5,090,000	2,012,000	2,018,000	2,015,000	742,000	1,974,000	2,011,000	2,142,000	2,163,000	802,000	816,000	855,000	2,856,000			931,000	700,000	1,445,000	1,380,000	1,426,000		4,282,000	4,312,000	4,286,000	4,170,000	4,919,000	4,923,000	4,900,000	4,834,000	3,925,000	3,915,000	3,926,000	3,896,000	4,043,000	3,960,000	4,081,000	3,350,000	3,417,000	3,410,000	3,400,000	3,122,000	2,583,000	2,571,000	2,571,000	2,570,000	2,905,000	2,907,000	2,903,000	2,914,000	3,088,000	3,101,000	3,089,000	3,082,000	3,758,000	3,749,000	3,757,000	3,737,000	3,432,000	4,007,000
goodwill	234,653,000	235,575,000	236,654,000	235,699,000	231,538,000	111,770,000	115,001,000	113,355,000	113,474,000	113,163,000	112,698,000	113,797,000	113,768,000	101,261,000	99,100,000	101,206,000	103,287,000	104,313,000	104,726,000	105,631,000	104,836,000	88,708,000	71,258,000	71,258,000	71,258,000	71,258,000	71,258,000	71,258,000	71,258,000	71,258,000	71,258,000	71,109,000	67,424,000	67,424,000	61,156,000	61,156,000	49,314,000	49,314,000	47,978,000	47,978,000	47,978,000	47,978,000	48,443,000	47,712,000	47,712,000	47,722,000	44,695,000	44,695,000	44,695,000	44,695,000	46,641,000	46,641,000	35,930,000	35,930,000	35,670,000	35,670,000	34,612,000	9,365,000	9,162,000	9,162,000	9,162,000	9,162,000	9,000,000	9,847,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,958,000	6,580,000	7,104,000
total assets	970,808,000	973,577,000	978,270,000	936,420,000	899,596,000	816,413,000	802,861,000	781,260,000	743,474,000	716,919,000	689,757,000	659,252,000	633,403,000	603,047,000	574,373,000	560,031,000	545,938,000	530,818,000	519,027,000	499,016,000	486,295,000	468,380,000	448,636,000	439,533,000	430,956,000	421,893,000	417,490,000	404,861,000	403,249,000	392,691,000	401,320,000	401,107,000	395,266,000	391,727,000	386,093,000	378,746,000	353,570,000	349,699,000	357,127,000	357,793,000	356,434,000	355,480,000	352,817,000	357,149,000	342,427,000	341,158,000	330,667,000	328,970,000	323,678,000	316,058,000	308,892,000	301,763,000	286,792,000	290,453,000	296,670,000	297,943,000	296,938,000	218,910,000	220,476,000	223,105,000	220,279,000	215,864,000	221,215,000	209,040,000	198,526,000	191,016,000	194,793,000	194,715,000	195,538,000	195,358,000	194,136,000	191,407,000	158,211,000	150,301,000	151,608,000	154,506,000	143,576,000	139,383,000	145,867,000	142,961,000
liabilities and shareholders’ equity
current liabilities:
payables	106,490,000	72,299,000	69,786,000	74,125,000	73,789,000	55,659,000	77,381,000	96,011,000	90,617,000	81,807,000	84,997,000	81,104,000	79,549,000	71,440,000	65,462,000	61,597,000	52,437,000	41,859,000	42,408,000	41,252,000	40,014,000	34,923,000	37,791,000	35,449,000	35,915,000	31,523,000	32,363,000	29,556,000	25,983,000						27,136,000	23,891,000	21,610,000	18,350,000	19,296,000	22,175,000	19,313,000	19,155,000	18,946,000	22,508,000	18,435,000	16,059,000	18,712,000	18,147,000	17,433,000	18,554,000	19,435,000	20,308,000	16,710,000	15,551,000	20,966,000	18,859,000	18,166,000	11,365,000	13,938,000	13,616,000	11,409,000	11,159,000	14,219,000	17,351,000	14,258,000	10,773,000	14,231,000	14,411,000	14,333,000	13,230,000	16,741,000	14,798,000	13,415,000	11,363,000	13,962,000	13,611,000	12,853,000	10,597,000	11,484,000	11,395,000
accrued compensation and employee benefits	15,663,000	37,619,000	33,524,000	23,825,000	17,298,000	34,912,000	29,756,000	21,768,000	15,588,000	29,871,000	25,502,000	17,491,000	11,984,000	20,513,000	17,734,000	14,941,000	12,104,000	20,644,000	18,874,000	15,686,000	11,505,000	14,617,000	12,671,000	9,678,000	9,181,000	12,754,000	12,814,000	12,256,000	9,583,000	13,768,000	12,381,000	9,632,000	9,375,000	15,509,000	13,779,000	11,116,000	9,041,000	13,861,000	12,802,000	11,142,000	10,037,000	9,663,000	9,581,000	9,366,000	8,001,000	11,901,000	10,776,000	8,433,000	7,184,000	7,337,000	7,792,000	6,525,000	6,852,000	9,821,000	9,196,000	7,768,000	8,047,000	6,734,000	6,797,000	6,468,000	6,668,000	7,143,000	7,420,000	7,170,000	6,327,000	6,071,000	6,442,000	6,435,000	6,177,000	8,714,000	8,099,000	7,017,000	6,287,000	5,988,000	6,775,000	6,307,000	5,596,000	6,181,000	6,436,000	6,166,000
warranty and after-sale costs, current	8,375,000	8,466,000	8,926,000	9,828,000	6,638,000	7,283,000
other current liabilities	38,891,000	32,332,000	41,186,000	30,932,000	43,292,000	20,351,000	6,366,000	6,491,000	16,464,000	9,168,000	7,463,000	9,274,000	14,684,000	8,753,000	8,220,000	9,938,000	11,559,000	6,775,000	5,667,000	2,406,000	7,789,000	4,042,000	2,173,000	6,673,000	4,979,000	2,907,000	2,501,000	2,556,000	7,060,000
total current liabilities	169,419,000	150,716,000	153,422,000	138,710,000	141,017,000	118,205,000	129,163,000	138,119,000	135,094,000	131,948,000	128,782,000	118,914,000	115,786,000	110,312,000	101,785,000	97,335,000	88,509,000	82,146,000	79,835,000	72,309,000	71,766,000	65,199,000	60,192,000	62,701,000	60,456,000	57,247,000	58,845,000	54,307,000	57,924,000	60,015,000	77,866,000	85,627,000	88,550,000	93,109,000	92,494,000	90,272,000	75,504,000	75,838,000	87,655,000	93,879,000	98,841,000	104,544,000	100,616,000	111,724,000	106,782,000	107,075,000	95,150,000	100,719,000	102,757,000	98,041,000	95,154,000	96,035,000	89,422,000	94,080,000	104,271,000	107,105,000	96,073,000	22,413,000	25,917,000	30,763,000	34,860,000	32,679,000	43,293,000	34,342,000	30,259,000	26,261,000	36,889,000	45,138,000	47,255,000	50,789,000	61,538,000	69,534,000	43,820,000	41,209,000	46,332,000	54,600,000	48,092,000	45,711,000
long-term deferred revenue	73,347,000	72,771,000	69,180,000	68,545,000	65,445,000	64,153,000	60,879,000	59,449,000	54,181,000	49,763,000
accrued non-pension postretirement benefits	2,496,000	2,499,000	3,395,000	3,340,000	3,289,000	3,033,000	3,808,000	3,798,000	3,831,000	3,614,000	3,647,000	3,612,000	3,859,000	3,917,000	5,072,000	5,089,000	5,079,000	5,214,000	5,763,000	5,762,000	5,786,000	5,789,000	5,608,000	5,643,000	5,721,000	5,711,000	5,163,000	5,191,000	5,214,000	5,184,000	5,704,000	5,718,000	5,834,000	5,703,000	5,853,000	5,864,000	5,834,000	5,753,000	5,942,000	5,893,000	5,818,000	5,709,000	6,512,000	6,473,000	6,394,000	6,342,000	5,923,000	5,939,000	5,918,000	5,934,000	6,626,000	6,578,000	6,519,000	6,489,000	6,068,000	6,104,000	6,117,000	6,103,000	6,029,000	6,138,000	6,059,000	5,972,000	6,044,000	6,036,000	6,055,000	5,949,000	5,815,000	5,788,000	5,719,000	5,585,000	6,271,000	6,252,000	6,191,000	6,083,000	7,096,000	7,049,000	7,025,000	6,903,000	3,955,000	4,490,000
other accrued employee benefits	6,629,000	6,658,000	6,447,000	7,563,000	6,226,000	6,927,000	6,704,000	6,016,000	5,404,000	5,293,000	5,050,000	5,042,000	4,290,000	3,940,000	3,542,000	4,142,000	4,222,000	5,199,000	4,865,000	6,350,000	6,513,000	5,154,000	4,397,000	3,852,000	3,537,000	4,011,000	3,903,000	3,906,000	6,787,000	6,685,000	6,751,000	6,341,000	7,290,000	7,956,000	6,203,000	5,753,000	5,340,000	5,979,000	6,315,000	7,178,000	6,797,000	7,369,000	5,486,000	6,203,000	4,906,000	5,276,000	4,329,000	4,301,000	4,067,000	4,406,000	7,790,000	7,813,000	8,128,000	8,859,000	7,968,000	9,153,000	9,856,000	10,035,000	4,842,000	5,512,000	5,998,000	6,358,000	7,145,000	11,405,000	11,487,000	12,007,000	12,862,000	18,467,000	21,673,000	21,265,000	7,103,000	7,094,000	6,552,000	7,040,000	8,367,000	7,837,000	8,212,000	8,266,000	6,332,000	6,902,000
warranty and after-sale costs, long-term	14,363,000	13,108,000	12,833,000	9,721,000	10,690,000	9,410,000
other long-term liabilities	10,764,000	11,054,000	6,418,000	6,840,000	6,956,000	4,801,000	6,014,000	5,902,000	4,503,000	4,758,000	53,131,000	49,431,000	44,687,000	37,808,000	36,540,000	32,345,000	33,033,000	29,804,000	30,742,000	26,588,000	26,324,000	25,283,000	24,247,000	23,639,000	23,093,000	22,980,000	22,863,000	21,772,000	21,494,000	13,972,000	14,446,000	13,657,000	11,324,000	4,073,000	5,795,000	5,813,000	3,914,000	4,019,000	3,826,000	4,048,000	5,488,000	4,809,000	4,211,000	2,530,000	2,064,000	1,735,000	1,343,000	1,345,000	1,335,000	1,324,000	2,695,000	2,690,000	1,545,000	1,086,000	1,021,000	5,592,000	6,670,000	1,078,000	946,000	2,442,000	2,463,000	2,472,000	2,355,000	2,378,000	2,391,000	2,338,000	1,145,000	1,014,000	1,038,000	1,059,000	561,000	580,000	601,000	627,000	508,000	528,000	547,000	557,000	634,000
commitments and contingencies
total long-term liabilities	110,958,000	109,567,000				91,976,000
shareholders’ equity:
common stock	37,221,000	37,221,000	37,221,000	37,221,000	37,221,000	37,221,000	37,221,000	37,221,000	37,221,000	37,221,000			37,221,000		37,221,000	37,221,000	37,221,000	37,221,000	37,221,000	37,221,000	37,221,000	37,221,000	37,220,000	37,220,000	37,220,000	37,200,000	37,200,000	37,200,000	37,200,000	37,198,000	37,198,000	37,177,000	37,177,000	37,165,000	37,163,000	37,158,000	37,149,000	37,122,000	37,120,000	20,557,000	20,551,000	20,551,000	20,542,000	20,544,000	20,527,000	20,523,000	20,520,000	20,519,000	20,518,000	20,504,000	20,480,000	20,473,000	20,473,000	20,441,000	20,430,000	20,419,000	20,786,000	21,292,000	21,289,000	21,286,000	21,264,000	21,259,000	21,241,000	21,231,000	21,223,000	21,210,000	21,189,000	21,132,000	21,083,000	21,074,000	21,061,000	20,929,000	20,970,000	20,902,000	20,851,000	20,795,000	20,616,000	20,553,000
capital in excess of par value	76,996,000	75,290,000	72,541,000	70,505,000	67,516,000	65,819,000	64,234,000	62,915,000	60,468,000	59,185,000	57,962,000	55,833,000	54,245,000	53,282,000	51,780,000	51,015,000	49,758,000	49,224,000	48,432,000	46,500,000	45,599,000	44,964,000	43,850,000	43,456,000	42,690,000	41,956,000	40,306,000	39,746,000	38,756,000	38,082,000	36,809,000	33,681,000	32,870,000	32,182,000	30,757,000	30,148,000	29,014,000	28,022,000	27,378,000	53,587,000	52,595,000	52,178,000	51,080,000	50,667,000	48,807,000	48,353,000	47,537,000	47,087,000	46,339,000	45,627,000	43,988,000	43,315,000	42,652,000	41,755,000	40,852,000	40,402,000	39,940,000	39,445,000	38,866,000	38,514,000	37,939,000	37,582,000	36,467,000	36,089,000	35,557,000	35,221,000	33,444,000	32,708,000	31,923,000	31,563,000	27,040,000	25,817,000	25,396,000	24,655,000	21,885,000	21,224,000	19,995,000	19,428,000	23,376,000	18,313,000
reinvested earnings	661,540,000	645,876,000	624,054,000	600,763,000	576,196,000	547,796,000	527,080,000	505,040,000	479,925,000	458,719,000	441,922,000	423,877,000	407,979,000	395,155,000	384,207,000	372,856,000	362,046,000	353,535,000	342,050,000	332,104,000	323,383,000	314,850,000	306,996,000	297,370,000	292,785,000	285,879,000	278,551,000	270,772,000	263,777,000	257,313,000	250,432,000	250,242,000	247,866,000	244,224,000	240,764,000	236,563,000	229,287,000	223,876,000	221,099,000	215,642,000	209,141,000	204,044,000	201,451,000	196,013,000	190,859,000	189,365,000	186,099,000	178,600,000	172,371,000	170,318,000	166,514,000	160,036,000	156,182,000	155,694,000	152,627,000	146,183,000	153,644,000	166,271,000	167,482,000	163,005,000	157,260,000	156,101,000	151,943,000	145,017,000	138,786,000	135,225,000	131,931,000	119,361,000	113,236,000	107,887,000	103,711,000	99,505,000	93,778,000	89,061,000	87,695,000	83,241,000	78,919,000	77,479,000	74,258,000	64,928,000
accumulated other comprehensive income	3,852,000	6,474,000	5,115,000	5,529,000										-5,983,000	-12,984,000	-7,544,000	-2,179,000	136,000	1,167,000	3,411,000	602,000	1,313,000	684,000	245,000	-201,000	425,000	404,000	1,066,000	311,000	580,000	294,000																																															-12,041,000	1,000	2,024,000
less: treasury stock, at cost, 8,035,306 shares in 2026 and 7,834,360 in 2025	-89,178,000
total shareholders’ equity	690,431,000	713,294,000	702,510,000	677,592,000	641,686,000	606,232,000	591,185,000	563,138,000	535,567,000	516,482,000	492,706,000	475,592,000	458,037,000	442,422,000	422,859,000	416,183,000	409,881,000	403,070,000	391,824,000	381,847,000	369,849,000	361,259,000	351,543,000	341,143,000	335,721,000	331,068,000	323,639,000	316,452,000	308,613,000	303,503,000	295,230,000	288,470,000	280,722,000	277,452,000	274,130,000	269,406,000	260,860,000	256,209,000	252,509,000	245,913,000	238,581,000	232,275,000	229,426,000	223,620,000	215,872,000	214,331,000	214,192,000	206,870,000	199,803,000	196,563,000	185,803,000	177,860,000	172,515,000	171,247,000	167,084,000	159,759,000	167,775,000	179,281,000	182,742,000	178,250,000	170,899,000	168,383,000	162,378,000	154,879,000	148,334,000	144,461,000	138,082,000	124,308,000	116,802,000	111,023,000	110,465,000	104,982,000	98,179,000	91,969,000	85,435,000	80,118,000	74,135,000	71,819,000
total liabilities and shareholders’ equity	970,808,000	973,577,000	978,270,000	936,420,000	899,596,000	816,413,000	802,861,000	781,260,000	743,474,000	716,919,000	689,757,000	659,252,000	633,403,000	603,047,000	574,373,000	560,031,000	545,938,000	530,818,000	519,027,000	499,016,000	486,295,000	468,380,000	448,636,000	439,533,000	430,956,000	421,893,000	417,490,000	404,861,000	403,249,000	392,691,000	401,320,000	401,107,000	395,266,000	391,727,000	386,093,000	378,746,000	353,570,000	349,699,000	357,127,000	357,793,000	356,434,000	355,480,000	352,817,000	357,149,000	342,427,000	341,158,000	330,667,000	328,970,000	323,678,000	316,058,000	308,892,000	301,763,000	286,792,000	290,453,000	296,670,000	297,943,000	296,938,000	218,910,000	220,476,000	223,105,000	220,279,000	215,864,000	221,215,000	209,040,000	198,526,000	191,016,000	194,793,000	194,715,000	195,538,000	195,358,000	194,136,000	191,407,000	158,211,000	150,301,000	151,608,000	154,506,000	143,576,000	139,383,000	145,867,000	142,961,000
land and improvements		9,544,000				9,237,000				9,257,000				8,947,000				9,183,000				9,156,000				9,056,000				9,066,000				9,119,000				9,068,000				9,033,000				9,182,000				8,941,000				8,919,000				8,011,000				7,874,000				7,033,000				7,097,000				7,177,000				6,337,000	7,416,000	3,487,000
building and improvements		74,956,000				71,526,000				72,149,000				70,845,000
machinery and equipment		163,950,000				152,440,000				144,582,000				141,153,000				136,510,000				138,548,000				132,326,000				136,724,000				135,762,000				126,680,000				125,197,000				110,346,000				100,179,000				92,751,000				87,077,000				88,066,000				83,233,000				81,315,000				79,053,000				79,217,000	74,527,000	75,556,000
property, plant and equipment, at cost - sum		248,450,000				233,203,000				225,988,000				220,945,000
less: treasury stock, at cost, 7,834,360 shares in 2025 and
7,810,158 shares in 2024		-51,567,000
less: treasury stock, at cost, 7,751,313 shares in 2025 and 7,810,158 in 2024			-36,421,000
less: treasury stock, at cost, 7,752,290 shares in 2025 and 7,810,158 in 2024				-36,426,000
accumulated other comprehensive loss					-2,748,000	-7,906,000	-650,000	-5,343,000	-5,268,000	-1,646,000	-7,399,000	-4,203,000	-4,258,000																			-5,508,000	-10,411,000	-10,893,000	-9,856,000	-10,141,000	-11,261,000	-11,635,000	-11,795,000	-12,301,000	-12,107,000	-12,780,000	-11,824,000	-11,777,000	-12,421,000	-11,856,000	-7,825,000	-7,189,000	-7,263,000	-7,524,000	-12,738,000	-13,514,000	-14,307,000	-13,948,000	-14,096,000	-14,511,000	-13,664,000	-14,566,000	-11,727,000	-11,380,000	-12,198,000	-13,137,000	-13,848,000	-15,026,000	-14,675,000	-14,585,000	-15,866,000	-16,269,000	-16,693,000	-16,672,000	-8,512,000	-8,427,000	-8,536,000	-9,191,000	-11,533,000	-11,672,000	-11,864,000
less: treasury stock, at cost, 7,767,791 shares in 2025 and 7,810,158 in 2024					-36,499,000
less: treasury stock, at cost, 7,810,158 shares in 2024 and
7,873,781 shares in 2023						-36,698,000
receivables							93,427,000	106,229,000	92,287,000	83,507,000	89,063,000	84,020,000	84,246,000	76,651,000	83,491,000	77,247,000	78,147,000	65,866,000	73,747,000	63,951,000	61,642,000	61,689,000	57,706,000	54,021,000	59,164,000	61,365,000	61,406,000	60,294,000	68,095,000	66,300,000	70,029,000	65,303,000	63,372,000	58,210,000	68,884,000	64,426,000	65,959,000	59,818,000	57,969,000	61,326,000	59,189,000	56,643,000	59,727,000	61,963,000	53,194,000	53,967,000	58,012,000	60,798,000	54,658,000	50,133,000	56,059,000	52,702,000	47,304,000	45,584,000	53,689,000	51,670,000	51,053,000	41,168,000	43,195,000	45,611,000	37,864,000	40,429,000	53,415,000	50,578,000	41,525,000	35,809,000	36,643,000	34,380,000	34,745,000	35,767,000	35,785,000	38,043,000	33,823,000	30,638,000	34,888,000	37,313,000	31,321,000	29,276,000	30,450,000	26,879,000
warranty and after-sale costs							15,660,000	13,849,000	12,425,000	11,102,000	10,820,000	11,045,000	9,569,000	9,606,000	10,369,000	10,859,000	12,409,000	12,868,000	12,886,000	12,965,000	12,458,000	11,617,000	7,557,000	6,421,000	5,981,000	5,583,000	6,807,000	5,379,000	4,318,000	4,206,000	4,302,000	4,110,000	3,702,000	3,367,000	3,413,000	3,064,000	2,548,000	2,779,000	3,219,000	3,513,000	3,561,000	3,133,000	2,351,000	2,360,000	1,546,000	1,739,000	1,140,000	1,433,000	1,199,000	882,000	684,000	695,000	717,000	881,000	913,000	1,152,000	1,406,000	1,593,000	1,004,000	932,000	911,000	889,000	1,058,000	1,144,000	969,000	907,000	1,168,000	1,305,000	1,384,000	1,327,000	1,668,000	2,008,000	1,956,000	1,917,000	2,276,000	2,635,000	2,768,000	2,954,000	3,610,000	3,817,000
less: treasury stock, at cost, 7,810,442 shares at september 30, 2024 and 7,873,781 shares at december 31, 2023							-36,700,000
less: treasury stock, at cost, 7,809,378 shares at june 30, 2024 and 7,873,781 shares at december 31, 2023								-36,695,000
less: treasury stock, at cost, 7,827,368 shares in 2024 and 7,873,781 in 2023									-36,779,000
less: treasury stock, at cost, 7,873,781 shares in 2023 and
7,928,071 shares in 2022										-36,997,000
common stock: 1 par; authorized 80,000,000 and 40,000,000 shares in 2023 and 2022, respectively; issued 37,221,098 shares in 2023 and 2022											37,221,000
less: treasury stock, at cost, 7,874,224 shares in 2023 and 7,928,071 shares in 2022											-37,000,000
common stock: 1 par value; 80,000,000 and 40,000,000 shares authorized in 2023 and 2022, respectively; 37,221,098 shares issued in 2023 and 2022												37,221,000
less: treasury stock, at cost, 7,903,197 shares in 2023 and 7,928,071 shares in 2022												-37,136,000
less: treasury stock, at cost													-37,150,000		-37,365,000	-37,365,000	-36,965,000		-37,046,000	-37,389,000	-36,956,000
cash														138,052,000				87,174,000				72,273,000				48,871,000	37,728,000	23,894,000	15,033,000	13,086,000	10,629,000	12,125,000	13,532,000	11,164,000	13,394,000	13,850,000	11,311,000	7,338,000	10,669,000	7,356,000	9,936,000	8,163,000	4,075,000	12,676,000	8,373,000	6,656,000	10,366,000	6,758,000	6,408,000	7,263,000	4,621,000	2,714,000	3,787,000	6,554,000	6,056,000	6,511,000	6,661,000	4,975,000	5,787,000	4,273,000	2,317,000	3,089,000	2,674,000	2,587,000	12,990,000	13,329,000	10,920,000	6,330,000	6,090,000	6,217,000				8,670,000			1,778,000	3,002,000	4,403,000	2,834,000
37,221,098 shares in 2022 and 2021														37,221,000
less: treasury stock, at cost, 7,928,071 shares in 2022 and
7,971,367 shares in 2021														-37,253,000
property, plant and equipment, at cost:
buildings and improvements																		71,103,000				69,700,000				68,443,000				67,932,000				67,604,000				65,230,000				59,839,000				57,872,000				55,018,000				51,090,000				49,840,000				48,014,000				47,857,000				45,522,000				39,448,000				27,695,000	27,867,000	28,252,000
property, plant and equipment, at cost: - sum																		216,796,000				217,404,000				209,825,000				213,722,000				212,485,000				200,978,000				194,069,000				177,400,000				164,138,000				152,760,000				144,928,000				143,954,000				138,123,000				133,934,000				125,678,000				113,249,000	109,810,000	107,295,000
less: treasury stock, at cost; 7,971,367 shares in 2021 and 8,075,280 shares in 2020																		-37,046,000
short-term debt																								4,480,000	4,400,000	4,480,000	4,360,000	4,560,000	10,980,000	18,060,000	35,957,000	42,430,000	48,170,000	44,550,000	44,970,000	45,560,000	38,156,000	37,950,000	49,730,000	53,590,000	61,160,000	71,360,000	67,380,000	73,029,000	75,923,000	75,927,000	61,664,000	68,693,000	73,869,000	70,045,000	65,185,000	66,230,000	63,878,000	66,730,000	71,181,000	77,828,000	63,989,000	1,790,000	2,680,000	6,115,000	14,014,000	12,878,000	13,062,000	2,074,000	2,295,000	2,574,000	6,716,000	6,440,000	5,593,000	9,995,000	15,499,000	32,688,000	7,838,000	10,844,000	10,367,000	18,505,000	10,823,000	15,093,000	8,847,000	17,539,000
less: employee benefit stock																							-154,000	-154,000	-154,000	-154,000	-306,000	-306,000	-306,000	-306,000	-461,000	-461,000	-461,000	-460,000	-614,000	-614,000	-614,000	-614,000	-728,000	-728,000	-728,000	-768,000	-870,000	-869,000	-869,000	-922,000	-995,000	-995,000	-995,000	-1,075,000	-1,136,000	-1,135,000	-1,135,000	-1,234,000	-1,262,000	-1,262,000	-1,262,000	-1,485,000	-1,485,000			-1,536,000	-1,536,000	-536,000				-585,000	-585,000				-658,000		-682,000	-682,000	-682,000			-1,065,000
treasury stock																						-37,089,000	-37,053,000	-36,994,000	-36,619,000	-34,238,000	-32,516,000	-32,026,000	-31,125,000	-29,364,000	-29,042,000	-26,661,000	-26,319,000	-24,766,000	-24,084,000	-23,708,000	-22,715,000	-20,562,000	-20,565,000	-30,844,000	-30,871,000	-30,950,000	-30,953,000	-30,958,000	-31,031,000	-31,132,000	-31,144,000	-31,152,000	-31,167,000	-31,287,000	-31,305,000	-31,315,000	-31,350,000	-31,461,000	-31,467,000	-31,472,000	-31,669,000	-31,676,000	-31,683,000	-31,690,000	-31,881,000	-31,886,000	-31,889,000	-31,896,000	-32,021,000	-32,025,000	-32,031,000	-32,039,000	-32,162,000	-32,170,000	-32,177,000	-32,184,000	-32,771,000	-32,776,000	-32,781,000	-32,788,000	-32,849,000	-32,856,000
payables and other current liabilities																														22,469,000	24,860,000	28,092,000	24,300,000	28,601,000
income and other taxes																														1,512,000	366,000	1,363,000	3,003,000	1,082,000	3,196,000	6,641,000	4,149,000	2,898,000	2,608,000	3,459,000	4,770,000	1,233,000	2,358,000	4,461,000	2,877,000	1,449,000	2,858,000	4,013,000	3,072,000	1,223,000	2,058,000	2,277,000	1,265,000	1,097,000	2,015,000	1,498,000	4,465,000	931,000	1,498,000	3,632,000	1,858,000	610,000	7,534,000	6,067,000	3,528,000	507,000	437,000	6,218,000	9,968,000	7,848,000	9,982,000	10,907,000	11,579,000	8,359,000	9,801,000	9,438,000	7,063,000	621,000	1,778,000	982,000
prepaid pension																																											740,000	645,000	561,000	456,000	4,959,000	4,744,000	4,540,000	4,312,000																													17,726,000	17,290,000
less:employee benefit stock																																																												-1,485,000	-1,485,000				-536,000	-585,000	-585,000			-659,000	-658,000	-658,000
current portion of long-term debt																																																																536,000	2,882,000	5,429,000	7,895,000	10,329,000	9,800,000	9,675,000	9,549,000	2,116,000	2,745,000	2,738,000	2,710,000	2,681,000	1,971,000	1,944,000	7,431,000	5,348,000
long-term debt																																																																					2,930,000	5,504,000	7,969,000	2,714,000	2,596,000	3,129,000	3,654,000	4,171,000	5,364,000	5,928,000	15,360,000	14,819,000
commitments and contingencies shareholders’ equity:
assets of discontinued operations																																																																													6,663,000	6,875,000
deferred tax asset																																																																										3,435,000				3,510,000
liabilities of discontinued operations																																																																											441,000	1,423,000	7,018,000	8,321,000
less: employee benefit and restricted stock																																																																										-682,000				-744,000	-1,357,000
assets of discontinued operations, including 470 and 2,046 of cash																																																																											898,000
assets of discontinued operations, including 1,302 and 2,046 of cash																																																																												2,127,000
commitments and contingencies (note 6) shareholders’ equity:
prepaid expenses																																																																															2,309,000	2,016,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31

operating activities:
net earnings	27,335,000	33,575,000	35,077,000	34,584,000	38,398,000	30,717,000	32,038,000	33,056,000	29,131,000	24,721,000	25,969,000	22,493,000	19,415,000	17,539,000	17,933,000	16,664,000	14,360,000	17,276,000	15,855,000	13,972,000	13,781,000	13,094,000	14,861,000	9,534,000	11,854,000	12,274,000	12,721,000	11,358,000	10,824,000	11,239,000	2,851,000	6,154,000	7,546,000	7,233,000	7,975,000	10,614,000	8,749,000	6,113,000	8,792,000	9,400,000	7,990,000	5,483,000	8,327,000	7,901,000	4,227,000	6,001,000	10,231,000	8,814,000	4,632,000	6,380,000	9,049,000	6,281,000	2,907,000	5,484,000	8,857,000	7,442,000	6,249,000	1,187,000	6,880,000	7,834,000	3,260,000	6,258,000	9,023,000	8,029,000	5,352,000	5,085,000	14,355,000	7,757,000	6,973,000	6,195,000	5,828,000	7,041,000	6,020,000	2,666,000	5,751,000	5,468,000	2,572,000
adjustments to reconcile net earnings to net cash from operations:
depreciation	2,820,000	2,777,000	2,607,000	2,915,000	2,804,000	2,773,000	2,589,000	2,849,000	2,892,000	2,837,000	2,662,000	2,775,000	2,663,000	2,677,000	2,791,000	2,862,000	2,760,000	2,672,000	2,756,000	2,990,000	2,873,000	3,121,000	3,154,000	3,003,000	2,975,000	2,881,000	2,625,000	3,085,000	2,978,000	2,558,000	2,902,000	2,719,000	3,175,000	2,977,000	3,082,000	3,079,000	2,918,000	2,238,000	2,874,000	2,810,000	2,793,000	2,226,000	2,579,000	2,986,000	2,202,000	1,949,000	2,092,000	2,376,000	2,474,000	2,055,000	2,140,000	2,126,000	2,191,000	1,815,000	1,849,000	1,789,000	2,134,000	1,686,000	1,665,000	1,865,000	1,928,000	1,493,000	1,854,000	1,584,000	1,773,000	1,422,000	1,629,000	2,020,000	1,660,000	1,197,000	1,421,000	1,566,000	1,770,000	1,434,000	1,502,000	1,650,000	1,722,000
amortization	6,235,000	6,023,000	6,100,000	5,880,000	5,478,000	5,295,000	5,427,000	5,242,000	5,118,000	4,353,000	4,404,000	4,132,000	4,284,000	3,403,000	3,915,000	3,817,000	4,016,000	4,213,000	4,270,000	4,022,000	4,066,000	3,160,000	3,320,000	3,227,000	3,256,000	3,254,000	3,026,000	3,033,000	3,264,000	3,286,000	3,132,000	3,006,000	3,537,000	3,253,000	3,095,000	3,049,000	2,945,000	3,158,000	2,894,000	2,969,000	2,706,000	2,979,000	2,649,000	2,532,000	2,446,000	2,952,000	1,273,000	1,274,000	1,274,000	1,177,000	1,321,000	1,320,000	1,164,000	1,136,000	1,339,000	1,071,000	921,000	588,000	587,000	616,000	556,000	542,000	450,000	408,000	355,000	357,000	356,000	357,000	357,000	357,000	355,000	358,000	27,000	36,000	41,000	41,000	41,000
noncurrent employee benefits	5,000	91,000	40,000	-32,000	37,000	-141,000	9,000	-22,000	1,000	-64,000	-52,000	-185,000	-37,000	-510,000	-74,000	48,000	-112,000	-466,000	72,000	79,000	81,000	-365,000	114,000	369,000	88,000	110,000	117,000	-384,000	117,000	203,000	177,000	-10,000	94,000	1,320,000	-1,147,000	426,000	115,000	-11,000	234,000	234,000	203,000	961,000	24,000	128,000	148,000	3,484,000	1,071,000	-25,000	-113,000	807,000	184,000	146,000	255,000	-473,000	113,000	-207,000	689,000	3,228,000	-336,000	870,000	942,000	-133,000	825,000	769,000	805,000	924,000	819,000	956,000	971,000	826,000	851,000	860,000	861,000	486,000	921,000	727,000	1,033,000
stock-based compensation expense	2,168,000	2,745,000	2,041,000	2,576,000	1,828,000	1,587,000	1,314,000	2,010,000	1,271,000	1,225,000	1,356,000	1,601,000	1,006,000	978,000	704,000	851,000	615,000	793,000	590,000	573,000	374,000	374,000	336,000	398,000	307,000	332,000	328,000	289,000	265,000	800,000	2,430,000	473,000	471,000	534,000	412,000	413,000	366,000	400,000	385,000	390,000	362,000	380,000	380,000	410,000	371,000	360,000	413,000	313,000	363,000	680,000	434,000	1,000	273,000	345,000	345,000	292,000	284,000	634,000	294,000	261,000	281,000	447,000	349,000	272,000	297,000	361,000	281,000	210,000	320,000	433,000	266,000	268,000	305,000
changes in:
receivables	1,795,000	2,688,000	2,503,000	-4,809,000	-20,497,000	8,370,000	13,403,000	-14,053,000	-9,164,000	5,504,000	-5,352,000	340,000	-6,843,000	7,532,000	-6,832,000	481,000	-12,509,000	7,745,000	-10,607,000	-2,242,000	3,864,000	-148,000	-3,454,000	5,253,000	1,385,000	896,000	-1,473,000	7,971,000	-1,943,000	3,463,000	-4,697,000	-1,846,000	-4,919,000	7,074,000	-4,287,000	2,204,000	-5,958,000	-2,285,000	3,376,000	-2,341,000	-2,311,000	-12,000	2,999,000	-8,608,000	110,000	7,726,000	2,232,000	-6,183,000	-4,772,000	6,293,000	-3,168,000	-5,278,000	-1,838,000	8,226,000	-1,931,000	-822,000	-4,661,000	2,020,000	2,103,000	-7,643,000	2,904,000	13,187,000	-2,548,000	-8,575,000	-5,841,000	1,139,000	-1,213,000	645,000	776,000	-773,000	1,828,000	-4,164,000	-2,919,000	4,652,000	3,046,000	-4,892,000	-2,505,000
inventories	-23,695,000	753,000	-5,759,000	4,139,000	-120,000	13,687,000	3,889,000	-851,000	-6,405,000	-4,839,000	-3,875,000	-12,314,000	-11,439,000	-4,814,000	-3,183,000	-9,261,000	-3,763,000	-7,948,000	-873,000	-6,096,000	1,284,000	-59,000	118,000	-2,367,000	7,437,000	3,039,000	-1,694,000	-2,731,000	166,000	3,450,000	1,242,000	-98,000	265,000	-8,096,000	-2,830,000	-2,664,000	7,423,000	4,454,000	-1,721,000	-4,462,000	2,684,000	-3,133,000	-3,624,000	333,000	-692,000	-3,389,000	-1,296,000	740,000	-2,998,000	-6,489,000	-631,000	4,922,000	2,445,000	-701,000	953,000	-3,333,000	-1,662,000	-1,625,000	-26,000	5,356,000	-3,663,000	-7,028,000	-2,850,000	-2,646,000	-2,362,000	3,853,000	2,493,000	1,505,000	-836,000	5,259,000	-5,613,000	-1,070,000	-4,153,000	1,774,000	-1,017,000	-433,000	-83,000
payables	34,263,000	2,462,000	-4,285,000	-72,000	16,294,000	-6,919,000	-18,581,000	5,379,000	7,960,000	-3,776,000	4,178,000	1,145,000	6,959,000	4,137,000	3,742,000	9,379,000	10,749,000	-415,000	2,054,000	1,075,000	4,291,000	1,784,000	-6,061,000	-631,000	4,517,000	757,000	1,744,000	4,601,000	4,540,000
prepaid expenses and other assets	-3,199,000	-528,000	-188,000	1,019,000	-4,107,000	-7,540,000	717,000	-424,000	-8,065,000	267,000	-2,299,000	-2,847,000	-2,133,000	-1,152,000	-1,252,000	-5,249,000	-2,904,000		-8,062,000	-831,000	-428,000		8,085,000								-2,472,000	-1,515,000	-1,586,000		-846,000	-915,000	-2,819,000
other liabilities	-13,834,000	5,069,000	13,148,000	-1,614,000	-7,088,000	15,312,000	4,283,000	3,233,000	-1,279,000	16,966,000	4,467,000	5,995,000	4,105,000	5,561,000	6,079,000	20,000	-3,928,000	2,937,000	11,639,000						-1,064,000	-500,000	4,669,000	-2,275,000	-294,000
total adjustments	6,558,000	21,226,000	16,207,000	10,002,000	-5,371,000	21,350,000	13,050,000	3,363,000	-7,671,000	13,224,000	5,464,000	276,000	-1,445,000	12,169,000	5,898,000	2,998,000	-5,110,000	7,474,000	1,836,000	541,000	16,775,000	2,806,000	6,531,000	12,214,000	18,684,000	7,301,000	7,515,000	11,730,000	6,991,000	9,228,000	11,833,000	12,270,000	-771,000	-3,411,000	609,000	14,323,000	3,659,000	9,889,000	3,695,000	145,000	10,161,000	2,652,000	185,000	4,503,000	2,553,000	1,548,000	5,959,000	2,601,000	-4,051,000	-307,000	4,496,000	4,611,000	1,401,000	5,299,000	1,086,000	-3,573,000	3,958,000	3,815,000	1,477,000	4,879,000	1,985,000	-1,526,000	-5,863,000	-2,745,000	-132,000	6,916,000	-5,631,000	-1,122,000	2,255,000	5,882,000	-1,186,000	-1,241,000	-1,487,000	4,662,000	4,606,000	-2,252,000	4,802,000
net cash from operations	33,893,000	54,801,000	51,284,000	44,586,000	33,027,000	52,067,000	45,088,000	36,419,000	21,460,000	37,945,000	31,433,000	22,769,000	17,970,000	29,708,000	23,831,000	19,662,000	9,250,000	24,750,000	17,691,000	14,513,000	30,556,000	15,900,000	21,392,000	21,748,000	30,538,000	19,575,000	20,236,000	23,088,000	17,815,000	20,467,000	14,684,000	18,424,000	6,775,000	3,822,000	8,584,000	24,937,000	12,408,000	16,002,000	12,487,000	9,545,000	18,151,000	8,135,000	8,512,000	12,404,000	6,780,000	7,549,000	16,190,000	11,415,000	581,000	6,073,000	13,545,000	10,892,000	4,308,000	10,783,000	9,943,000	3,869,000	10,207,000	5,002,000	8,357,000	12,713,000	5,245,000	4,732,000	3,160,000	5,284,000	5,220,000	12,001,000	8,724,000	6,635,000	9,228,000	12,077,000	4,642,000	5,800,000	4,533,000	7,328,000	10,357,000	3,216,000	7,374,000
capital expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	33,893,000	54,801,000	51,284,000	44,586,000	33,027,000	52,067,000	45,088,000	36,419,000	21,460,000	37,945,000	31,433,000	22,769,000	17,970,000	29,708,000	23,831,000	19,662,000	9,250,000	24,750,000	17,691,000	14,513,000	30,556,000	15,900,000	21,392,000	21,748,000	30,538,000	19,575,000	20,236,000	23,088,000	17,815,000	20,467,000	14,684,000	18,424,000	6,775,000	3,822,000	8,584,000	24,937,000	12,408,000	16,002,000	12,487,000	9,545,000	18,151,000	8,135,000	8,512,000	12,404,000	6,780,000	7,549,000	16,190,000	11,415,000	581,000	6,073,000	13,545,000	10,892,000	4,308,000	10,783,000	9,943,000	3,869,000	10,207,000	5,002,000	8,357,000	12,713,000	5,245,000	4,732,000	3,160,000	5,284,000	5,220,000	12,001,000	8,724,000	6,635,000	9,228,000	12,077,000	4,642,000	5,800,000	4,533,000	7,328,000	10,357,000	3,216,000	7,374,000
investing activities:
property, plant and equipment expenditures	-4,427,000	-4,033,000	-3,089,000	-3,938,000	-2,966,000	-4,669,000	-3,132,000	-2,341,000	-2,676,000	-2,054,000	-3,014,000	-2,664,000	-4,271,000	-1,201,000	-1,917,000	-1,632,000	-1,141,000		-3,791,000	-2,619,000	-1,759,000		-2,276,000	-1,637,000	-1,942,000		-1,123,000	-2,306,000	-2,160,000		-1,977,000	-2,199,000	-3,043,000		-4,792,000	-2,956,000	-3,806,000		-2,336,000	-2,266,000	-3,247,000		-5,268,000	-4,407,000	-3,197,000		-3,131,000	-2,317,000	-3,328,000		-3,775,000	-2,738,000	-2,803,000		-2,111,000	-1,119,000	-1,294,000		-1,330,000	-750,000	-1,616,000		-2,807,000	-2,420,000	-1,735,000
acquisitions, net of cash acquired		0	0	913,000	-184,937,000	0	0	0	-3,000,000	0	0	-75,000	-17,052,000					0	-767,000	55,000	-44,561,000																																					0	0	0	-3,954,000
net cash from investing activities	-4,427,000	-4,033,000	-3,089,000	-3,025,000	-187,903,000	-4,669,000	-3,132,000	-2,341,000	-5,676,000	-2,054,000	-3,014,000	-2,739,000	-21,323,000	-1,201,000	-1,917,000	-1,632,000	-1,141,000	1,423,000	-3,962,000	-2,564,000	-46,320,000	-32,338,000	-2,276,000	-1,637,000	-1,942,000	-1,907,000	-1,123,000	-2,306,000	-2,160,000	-1,424,000	-1,977,000	-10,247,000	-3,043,000	-5,515,000	-4,792,000	-21,132,000	-4,006,000	-4,547,000	-2,336,000	-2,266,000	-3,247,000	-5,528,000	-8,541,000	-4,407,000	-3,197,000	-22,885,000	-3,131,000	-3,817,000	-3,328,000	-5,932,000	-8,358,000	-12,619,000	-2,803,000	-3,679,000	-2,111,000	-2,375,000	-51,555,000	-1,786,000	-1,041,000	-842,000	-5,621,000	-2,214,000	-10,928,000	-11,515,000	-1,389,000	-1,299,000	-1,354,000	-3,723,000	-1,374,000	-1,356,000	-3,047,000	-30,840,000	-2,921,000	-3,124,000	-3,274,000	-2,999,000	-3,721,000
financing activities:
dividends paid	-11,709,000	-11,738,000	-11,770,000	-10,004,000	-10,017,000	-9,985,000	-9,986,000	-7,934,000	-7,942,000	-7,918,000	-7,917,000	-6,591,000	-6,626,000	-6,589,000	-6,580,000	-5,843,000	-5,869,000	-5,837,000	-5,839,000	-5,240,000	-5,239,000	-5,232,000	-5,230,000	-4,940,000	-4,938,000	-4,943,000	-4,935,000	-4,360,000	-4,357,000	-4,370,000	-4,353,000	-3,772,000	-3,770,000	-3,771,000	-3,771,000	-3,337,000	-3,336,000	-3,335,000	-3,335,000	-2,899,000	-2,892,000	-2,892,000	-2,891,000	-2,745,000	-2,733,000	-2,733,000	-2,732,000	-2,588,000	-2,580,000	-2,578,000	-2,575,000	-2,430,000	-2,421,000	-2,406,000	-2,431,000	-2,287,000	-2,389,000	-2,408,000	-2,408,000	-2,106,000	-2,101,000	-2,100,000	-2,097,000	-1,796,000	-1,791,000	-1,791,000	-1,785,000	-1,633,000	-1,621,000	-1,620,000	-1,619,000	-1,309,000	-1,303,000	-1,298,000	-1,293,000	-1,143,000	-1,132,000
proceeds from exercise of stock options	140,000	0	0	486,000	68,000	0	0	521,000	230,000	0	909,000	0	58,000	642,000				-1,000	1,685,000	0	352,000	553,000	27,000	0	478,000	998,000	215,000	277,000	471,000	510,000	702,000	0	231,000	48,000	153,000	360,000	654,000	59,000	181,000	266,000	62,000	371,000	0	1,143,000	127,000	173,000	7,000	133,000	417,000	370,000	286,000	364,000	620,000	91,000	82,000	22,000	187,000	-15,000	17,000	156,000	78,000	134,000	72,000	63,000	93,000	156,000	545,000	403,000	75,000	43,000	1,034,000	437,000	531,000	358,000	440,000	322,000	397,000
repurchase of common stock for treasury stock	-38,213,000
net cash from financing activities	-49,782,000	-26,740,000	-11,770,000	-9,518,000	-9,949,000	-9,985,000	-9,986,000	-7,413,000	-7,712,000	-7,918,000	-7,008,000	-6,591,000	-6,568,000	-5,947,000	-6,519,000	-6,270,000	-5,869,000	-5,838,000	-4,154,000	-5,670,000	-4,845,000	-5,808,000	-9,831,000	-5,308,000	-6,872,000	-6,654,000	-5,196,000	-12,152,000	-13,707,000	-16,789,000	-14,482,000	-9,276,000	-1,593,000	523,000	-4,696,000	-1,544,000	-4,709,000	-14,651,000	-6,988,000	-9,714,000	-13,118,000	1,502,000	-8,567,000	-3,985,000	-1,919,000	11,970,000	-9,275,000	-7,270,000	1,832,000	2,712,000	-3,519,000	569,000	-4,041,000	-6,712,000	-8,887,000	-948,000	43,326,000	-3,724,000	-5,677,000	-9,518,000	-1,078,000	-1,695,000	7,238,000	-4,058,000	-4,202,000	-7,972,000	-2,946,000	-2,420,000	-8,155,000	-9,346,000	-2,454,000	24,387,000	-3,672,000	-452,000	-9,059,000	3,475,000	-5,046,000
effect of foreign exchange rates on cash	-247,000	295,000	60,000	1,807,000	878,000	-1,063,000	773,000	237,000	-544,000	899,000	-306,000	5,000	230,000	705,000	-818,000	-769,000	-195,000	-199,000	104,000	-322,000	-262,000	618,000	-585,000	22,000	-219,000	129,000	-83,000	231,000	-1,000	203,000	279,000	-308,000	229,000	-1,060,000	448,000	278,000	280,000	-135,000	150,000	-145,000	-13,000	-21,000	-5,000	291,000	53,000	-344,000	-176,000	22,000	60,000	-211,000	239,000	85,000	-231,000	106,000	600,000	-696,000	-292,000	-304,000	-125,000	-397,000	682,000	-408,000	617,000	-114,000	32,000	-321,000	166,000	-252,000	174,000	-102,000	402,000	-232,000	-324,000	-104,000	-295,000	-13,000	-41,000
decrease in cash and cash equivalents	-20,563,000
cash and cash equivalents – beginning of period	226,016,000	0	0	0	295,305,000	0	0	0	191,782,000	0	0	0	138,052,000	0	0	0	87,174,000		0	0	72,273,000		0	0	48,871,000
cash and cash equivalents – end of period	205,453,000	24,323,000	36,485,000	33,850,000	131,358,000	36,350,000	32,743,000	26,902,000	199,310,000	28,872,000	21,105,000	13,444,000	128,361,000	23,265,000	14,577,000	10,991,000	89,219,000		9,679,000	5,957,000	51,402,000		8,700,000	14,825,000	70,376,000
deferred income taxes										-9,249,000	-25,000	-366,000	-10,000	-5,643,000	8,000	50,000	-34,000	-3,097,000	-3,000	7,000	38,000	-3,483,000	9,000	0	392,000	-1,542,000	33,000	-14,000	-1,000	-5,401,000	73,000	58,000	1,000	-3,912,000	-135,000	-41,000	-12,000	566,000	13,000	22,000	109,000	-3,033,000			-135,000	-1,236,000	-9,000	-23,000	-66,000	1,507,000	-7,000	-14,000	-24,000	-624,000	-39,000	49,000	63,000	-734,000	-51,000			-177,000	2,160,000			1,261,000	3,900,000	5,000	3,000	-1,477,000	7,000	-32,000	13,000	-1,143,000	5,000	9,000	-20,000
increase in cash and cash equivalents		24,323,000	36,485,000	33,850,000	-163,947,000	36,350,000	32,743,000	26,902,000	7,528,000	28,872,000	21,105,000	13,444,000	-9,691,000	23,265,000	14,577,000	10,991,000	2,045,000		9,679,000	5,957,000	-20,871,000		8,700,000	14,825,000	21,505,000
supplemental disclosure of cash flow information:
cash paid during the year for:
income taxes
interest
property, plant and equipment acquired through operating lease
property, plant and equipment accrued and unpaid
proceeds from company owned life insurance plans																		0
issuance of treasury stock																		0	0	30,000	42,000	54,000	33,000	38,000	55,000	45,000	45,000	45,000	52,000	-6,000	98,000	366,000	65,000	6,000	61,000	444,000	89,000	11,000	66,000	369,000	72,000	-25,000	38,000	397,000	60,000	46,000	39,000	318,000	66,000	48,000	-30,000	333,000	147,000	47,000	39,000	346,000	45,000	25,000	51,000	391,000	26,000	31,000	49,000	39,000	33,000	47,000	53,000	41,000	42,000	40,000	62,000	37,000	37,000	38,000	37,000	55,000	40,000
repurchase of treasury stock															0				0				-61,000	-406,000	-2,467,000		-521,000	-964,000	-1,873,000		-2,462,000	-370,000	-1,619,000		-389,000	-1,046,000	-2,242,000
net decrease in short-term debt																						0					0												-3,900,000				-5,689,000				-6,600,000																	0	-143,000				-4,248,000				-3,221,000
payment of contingent acquisition consideration																										-905,000	0	-650,000	-1,000,000	0
adjustments to reconcile net earnings to net cash provided by operations:
prepaid expenses and other current assets																									-609,000	-1,926,000	-1,860,000	-1,845,000	-2,101,000									-725,000	-358,000	-347,000	469,000	-400,000	-229,000	-1,408,000	405,000	-1,648,000	-364,000	-694,000	646,000	186,000	-167,000	-67,000	416,000	-1,378,000	489,000	229,000	-245,000	487,000	-48,000	327,000	-1,616,000	183,000	779,000	57,000	-964,000	535,000	37,000	837,000	-1,618,000	776,000	585,000	184,000	-1,174,000	-174,000	801,000	75,000	-760,000
property, plant and equipment additions																																																																		-1,742,000	-1,154,000	-3,549,000	-1,305,000	-2,770,000	-2,977,000
purchase of common stock for treasury stock
increase in cash																										11,143,000	13,834,000	8,861,000	1,947,000	2,457,000	-1,496,000	-1,407,000	2,368,000	-2,230,000	-456,000	2,539,000	3,973,000	-3,331,000	3,313,000	-2,580,000	1,773,000	4,088,000	-8,601,000	4,303,000	1,717,000	-3,710,000				2,642,000	1,907,000	-1,073,000	-2,767,000	498,000	-455,000	-150,000	1,686,000	-812,000	1,514,000			415,000	87,000			2,409,000	4,590,000							3,648,000	-2,271,000	3,679,000	-1,434,000
cash and cash equivalents — beginning of year
cash and cash equivalents — end of year
supplemental disclosures of cash flow information:
net decrease short-term debt
other current liabilities																					332,000		910,000
pension termination settlement charges																														0
contributions to pension plan																														0
non cash transactions:
settlement of innovative metering systems payables prior to the acquisition
net increase in short-term debt																													-7,000,000	-12,579,000	-6,433,000	-5,500,000	3,500,000	4,965,000	-750,000	2,035,000	126,000				-10,360,000				578,000				3,784,000	4,853,000	-1,200,000	2,302,000	-2,750,000	-4,518,000	-6,685,000	13,946,000	62,393,000	-1,350,000	-3,362,000	-8,039,000	858,000	-150,000					174,000			-5,487,000	-16,917,000			417,000	-8,310,000	4,282,000	-4,346,000
cash — beginning of year
cash — end of year
settlement of carolina meter & supply payables prior to the acquisition
pension termination settlement charge
contribution to pension plan																																																																			-6,100,000
acquisitions, net of cash acquired and future payments																															0				0												0				-4,583,000				0	-1,256,000	-50,261,000
cash – beginning of period																											0	0	13,086,000		0	0	11,164,000		0	0	7,338,000		0	0	8,163,000		0	0	6,656,000		0	0	7,263,000		0	0	6,554,000		0	0	4,975,000
cash – end of period																											13,834,000	8,861,000	15,033,000		-1,496,000	-1,407,000	13,532,000		-456,000	2,539,000	11,311,000		3,313,000	-2,580,000	9,936,000		-8,601,000	4,303,000	8,373,000		3,608,000	350,000	6,408,000		1,907,000	-1,073,000	3,787,000		-455,000	-150,000	6,661,000
liabilities other than debt																														358,000	-1,426,000	2,915,000	-1,809,000	-4,904,000	4,090,000	8,772,000	-1,319,000	2,094,000	-3,002,000	870,000	3,146,000	2,684,000	-4,603,000	7,995,000	-2,302,000	-8,650,000	547,000	4,823,000	-859,000	-6,523,000	4,390,000	1,455,000	-3,481,000	-3,047,000	-935,000	-2,641,000	6,435,000	-2,469,000	-2,711,000	3,242,000	653,000	-10,040,000	-2,182,000	6,128,000	5,805,000
tax benefit on stock options																																										-155,000	-23,000	270,000	49,000	-123,000	11,000	5,000	145,000	19,000	0	0	363,000	74,000	108,000	12,000	103,000	24,000	25,000	80,000	61,000	390,000	0	-18,000	153,000	173,000	501,000	442,000	46,000	17,000	2,298,000	863,000	810,000		557,000	378,000	532,000
non cash transaction:
settlement of united utilities payables prior to the acquisition
acquisitions, future payments																																					-200,000
settlement of national meter and automation, inc. payables prior to the acquisition
settlement of united utilities, inc. payables prior to the acquisition
employee benefit stock purchase																																																														0
repurchase of common stock																																																						0	0	-12,987,000	-17,013,000
settlement of national meter and automation, inc. accounts payable prior to the acquisition
decrease in cash																																																350,000	-855,000												-772,000				-339,000				-127,000				-2,384,000
contributions to pension
gain on legal settlement																																																														0	0
investment in emerging technology company																																																														0
acquisition of intangible assets																																																																						0	0
repayments of long-term debt																																																														0	-536,000	-2,346,000	-2,547,000	-2,466,000	-2,434,000	-2,401,000	-2,449,000	-2,339,000	-2,312,000	-511,000	-526,000	-497,000	-490,000	-419,000	-537,000
cash — beginning of period																																																												0	3,089,000	0	0	0	13,329,000	0	0	0	6,217,000	0	0	0	8,670,000	0	0	0	5,048,000
cash — end of period																																																												1,956,000	2,317,000	415,000	87,000	-10,403,000	12,990,000	2,409,000	4,590,000	240,000	6,090,000	1,273,000	-457,000	-885,000	6,286,000	3,648,000	-2,271,000
previously unrecognized tax benefits, including interest
acquisition of intangible asset
investment in start-up technology company
other – net
other — net																																																												-92,000	-51,000		-93,000	-315,000	346,000		-200,000	-174,000	-69,000	-218,000	-70,000	-481,000	-140,000	188,000	-519,000	20,000	-30,000
gain on disposal of long-lived assets																																																																										0	0
proceeds on disposal of long-lived assets																																																																										0	0
acquisition, net of cash acquired																																																														0	0
issuance of long-term debt																																																																						0
cash — beginning of period from continuing operations																																																																						0	0	0	8,670,000	0
cash — beginning of period from discontinued operations																																																																										0
cash — end of period from continuing operations																																																																						1,273,000	-457,000	-885,000	6,286,000	4,118,000
cash — end of period from discontinued operations
current liabilities other than debt																																																																			-7,833,000	-3,657,000	622,000	278,000	-886,000	789,000	3,783,000	-3,605,000	-693,000	1,066,000	5,374,000
long-lived asset impairment
property, plant and equipment																																																																									-2,781,000	-3,312,000	-2,755,000	-6,213,000	-3,691,000
treasury stock purchases
cash – beginning of period from continued operations
cash – beginning of period from discontinued operations
cash – end of period from continued operations
cash – end of period from discontinued operations
cash — end of period *																																																																													3,614,000
cash — end of year *

Badger Meter, Inc(NYSE:BMI)

Badger Meter, Inc
(NYSE:BMI)