Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 57,227	$ 55,444
Accounts receivable, net	165,420	152,989
Inventories	260,744	249,669
Prepaid expenses and other current assets	33,263	36,157
Total current assets	516,654	494,259
Plant, equipment and timberlands, net	803,997	775,898
Goodwill	74,099	73,094
Intangible assets, net	55,922	56,259
Other assets	124,094	121,749
Total assets	1,574,766	1,521,259
Liabilities and Shareholders' Equity
Current portion of long-term debt	9,416	8,961
Accounts payable	172,295	164,345
Dividends payable	5,675	5,455
Environmental liabilities	25,000	25,000
Other current liabilities	108,449	119,250
Total current liabilities	320,835	323,011
Long-term debt	400,470	363,647
Deferred income taxes	57,830	54,995
Other long-term liabilities	126,845	125,780
Total liabilities	905,980	867,433
Commitments and contingencies
Shareholders’ equity
Common stock	544	544
Capital in excess of par value	59,623	57,917
Retained earnings	968,813	962,884
Accumulated other comprehensive loss	(197,413)	(204,606)
Shareholders' equity before treasury stock	831,567	816,739
Less cost of common stock in treasury	(162,781)	(162,913)
Total shareholders’ equity	668,786	653,826
Total liabilities and shareholders’ equity	$ 1,574,766	$ 1,521,259