Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 84,287	$ 55,444
Accounts receivable, net	186,310	152,989
Inventories	256,764	249,669
Prepaid expenses and other current assets	44,134	36,157
Total current assets	571,495	494,259
Plant, equipment and timberlands, net	856,017	775,898
Goodwill	81,497	73,094
Intangible assets, net	59,199	56,259
Other assets	128,586	121,749
Total assets	1,696,794	1,521,259
Liabilities and Shareholders' Equity
Current portion of long-term debt	11,122	8,961
Accounts payable	168,848	164,345
Dividends payable	5,675	5,455
Environmental liabilities	20,000	25,000
Other current liabilities	130,368	119,250
Total current liabilities	336,013	323,011
Long-term debt	459,025	363,647
Deferred income taxes	65,597	54,995
Other long-term liabilities	125,563	125,780
Total liabilities	986,198	867,433
Commitments and contingencies
Shareholders’ equity
Common stock	544	544
Capital in excess of par value	62,346	57,917
Retained earnings	963,853	962,884
Accumulated other comprehensive loss	(153,751)	(204,606)
Shareholders' equity before treasury stock	872,992	816,739
Less cost of common stock in treasury	(162,396)	(162,913)
Total shareholders’ equity	710,596	653,826
Total liabilities and shareholders’ equity	$ 1,696,794	$ 1,521,259

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.