Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 55,444	$ 105,304
Accounts receivable, net	152,989	167,199
Inventories	249,669	247,214
Prepaid expenses and other current assets	36,157	32,650
Total current assets	494,259	552,367
Plant, equipment and timberlands, net	775,898	698,864
Goodwill	73,094	76,056
Intangible assets, net	56,259	63,057
Other assets	121,749	110,072
Total assets	1,521,259	1,500,416
Liabilities and Shareholders' Equity
Current portion of long-term debt	8,961	7,366
Accounts payable	164,345	172,735
Dividends payable	5,455	5,231
Environmental liabilities	25,000	12,544
Other current liabilities	119,250	106,444
Total current liabilities	323,011	304,320
Long-term debt	363,647	353,296
Deferred income taxes	54,995	76,458
Other long-term liabilities	125,780	103,095
Total liabilities	867,433	837,169
Commitments and contingencies
Shareholders’ equity
Common stock	544	544
Capital in excess of par value	57,917	54,912
Retained earnings	962,884	963,143
Accumulated other comprehensive loss	(204,606)	(190,486)
Shareholders' equity before treasury stock	816,739	828,113
Less cost of common stock in treasury	(162,913)	(164,866)
Total shareholders’ equity	653,826	663,247
Total liabilities and shareholders’ equity	$ 1,521,259	$ 1,500,416