Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 117,277	$ 116,219
Accounts receivable, net	183,258	174,154
Inventories	262,947	252,064
Prepaid expenses and other current assets	45,218	42,534
Total current assets	608,700	584,971
Plant, equipment and timberlands, net	870,734	865,743
Goodwill	84,977	82,744
Intangible assets, net	59,168	58,859
Other assets	141,033	138,478
Total assets	1,764,612	1,730,795
Liabilities and Shareholders' Equity
Current portion of long-term debt	11,607	11,298
Accounts payable	187,661	190,478
Dividends payable	5,689	5,678
Environmental liabilities	26,000	28,500
Other current liabilities	107,739	111,222
Total current liabilities	338,696	347,176
Long-term debt	494,131	470,098
Deferred income taxes	85,025	83,571
Other long-term liabilities	122,768	121,022
Total liabilities	1,040,620	1,021,867
Commitments and contingencies
Shareholders’ equity
Common stock	544	544
Capital in excess of par value	62,359	62,594
Retained earnings	970,736	948,411
Accumulated other comprehensive loss	(148,953)	(140,675)
Shareholders' equity before treasury stock	884,686	870,874
Less cost of common stock in treasury	(160,694)	(161,946)
Total shareholders’ equity	723,992	708,928
Total liabilities and shareholders’ equity	$ 1,764,612	$ 1,730,795