CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 53,864	$ 110,660
Accounts receivable, net	189,628	195,665
Inventories	314,673	309,436
Prepaid expenses and other current assets	56,329	63,723
Total current assets	614,494	679,484
Plant, equipment and timberlands, net	670,347	675,811
Goodwill	106,495	105,195
Intangible assets, net	106,043	108,670
Other assets	79,184	78,193
Total assets	1,576,563	1,647,353
Liabilities and Shareholders' Equity
Current portion of long-term debt	2,963	40,435
Short-term debt	7,238	11,422
Accounts payable	161,148	217,625
Environmental liabilities	2,000	2,200
Other current liabilities	89,539	88,724
Total current liabilities	262,888	360,406
Long-term debt	853,025	793,252
Deferred income taxes	56,621	54,388
Other long-term liabilities	125,191	121,303
Total liabilities	1,297,725	1,329,349
Commitments and contingencies
Shareholders’ equity
Common stock	544	544
Capital in excess of par value	57,945	60,663
Retained earnings	448,339	498,863
Accumulated other comprehensive loss	(87,596)	(97,895)
Shareholders' equity before treasury stock	419,232	462,175
Less cost of common stock in treasury	(140,394)	(144,171)
Total shareholders’ equity	278,838	318,004
Total liabilities and shareholders’ equity	$ 1,576,563	$ 1,647,353