Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 50,265	$ 110,660
Accounts receivable (less allowance for doubtful accounts: 2023 - $2,638; 2022 - $5,025)	170,974	195,665
Inventories	298,248	309,436
Prepaid expenses and other current assets	86,480	63,723
Total current assets	605,967	679,484
Plant, equipment and timberlands, net	662,916	675,811
Goodwill	107,691	105,195
Intangible assets, net	106,333	108,670
Other assets	80,889	78,193
Total assets	1,563,796	1,647,353
Liabilities and Shareholders' Equity
Current portion of long-term debt	1,005	40,435
Short-term debt	6,150	11,422
Accounts payable	158,455	217,625
Environmental liabilities	2,000	2,200
Other current liabilities	112,758	88,724
Total current liabilities	280,368	360,406
Long-term debt	853,163	793,252
Deferred income taxes	52,219	54,388
Other long-term liabilities	121,192	121,303
Total liabilities	1,306,942	1,329,349
Commitments and contingencies	0	0
Shareholders’ equity
Common stock, $0.01 par value; authorized - 120,000,000; issued - 54,361,980 (including treasury shares: 2023 - 9,275,061; 2022 - 9,568,457)	544	544
Capital in excess of par value	58,759	60,663
Retained earnings	419,810	498,863
Accumulated other comprehensive loss	(82,509)	(97,895)
Shareholders' equity before treasury stock	396,604	462,175
Less cost of common stock in treasury	(139,750)	(144,171)
Total shareholders’ equity	256,854	318,004
Total liabilities and shareholders’ equity	$ 1,563,796	$ 1,647,353