Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 120,457	$ 82,584
Customer receivables, net of allowance for doubtful accounts of $260 and $510	11,240	14,842
Inventories	50,132	52,622
Other current assets	11,478	13,597
Total current assets	193,307	163,645
Property, plant and equipment, net	77,229	72,820
Timber and timberlands, net	654,476	641,856
Deferred tax assets, net	19,796	42,051
Other long-term assets	8,271	7,309
Total assets	953,079	927,681
Current liabilities:
Current portion of long-term debt	14,263	11,032
Accounts payable and accrued liabilities	55,201	43,710
Current portion of pension and other postretirement employee benefits	5,334	5,839
Total current liabilities	74,798	60,581
Long-term debt	559,056	572,956
Pension and other postretirement employee benefits	103,524	123,284
Other long-term obligations	15,159	14,586
Total liabilities	752,537	771,407
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 40,611,991 and 40,519,351 shares	40,612	40,519
Additional paid-in capital	359,144	355,274
Accumulated deficit	(104,363)	(128,775)
Accumulated other comprehensive loss	(94,851)	(110,744)
Total stockholders’ equity	200,542	156,274
Total liabilities and stockholders' equity	$ 953,079	$ 927,681