Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	[1],[2]	$ 82,584	$ 7,925
Receivables, net of allowance for doubtful accounts of $510 and $440		17,284	13,420
Inventories		52,622	35,162
Other assets		11,155	14,246
Total current assets		163,645	70,753
Property, plant and equipment, net		72,820	75,285
Timber and timberlands, net		641,856	816,599
Deferred tax assets, net		42,051	46,600
Other assets		7,309	7,375
Total assets		927,681	1,016,612
Current liabilities:
Revolving line of credit borrowings		0	30,000
Current portion of long-term debt		11,032	5,007
Accounts payable and accrued liabilities		43,710	39,740
Current portion of pension and other postretirement employee benefits		5,839	5,973
Total current liabilities		60,581	80,720
Long-term debt		572,956	598,874
Pension and other postretirement employee benefits		123,284	119,369
Other long-term obligations		14,586	13,913
Total liabilities		771,407	812,876
Commitments and contingencies
Stockholders’ equity:
Preferred stock, authorized 4,000,000 shares, no shares issued		0	0
Common stock, $1 par value, authorized 100,000,000 shares, issued 40,519,351 and 40,680,713 shares		40,519	40,681
Additional paid-in capital		355,274	350,541
Accumulated deficit		(128,775)	(72,983)
Accumulated other comprehensive loss		(110,744)	(114,503)
Total stockholders’ equity		156,274	203,736
Total liabilities and stockholders' equity		$ 927,681	$ 1,016,612

[1] Certain short-term investments in 2015 and 2014 were reclassified to cash and cash equivalents to conform with the 2016 presentation.

[2] Short-term investments as of December 31, 2015 were reclassified to cash and cash equivalents to conform with the 2016 presentation.