Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Assets
Cash and cash equivalents	$ 76,666	$ 142,685
Accounts receivable, net	129,200	119,772
Inventories	184,870	173,411
Prepaid expenses and other current assets	40,189	33,418
Total current assets	430,925	469,286
Plant, equipment and timberlands, net	544,758	556,044
Goodwill	151,918	153,463
Intangible assets, net	89,886	93,614
Other assets	80,378	67,347
Total assets	1,297,865	1,339,754
Liabilities and Shareholders' Equity
Current portion of long-term debt	19,852	10,785
Accounts payable	120,033	120,701
Dividends payable	5,732	5,719
Environmental liabilities	5,047	23,000
Other current liabilities	70,985	72,597
Total current liabilities	221,649	232,802
Long-term debt	370,574	400,962
Deferred income taxes	77,291	78,651
Other long-term liabilities	92,163	88,441
Total liabilities	761,677	800,856
Commitments and contingencies
Shareholders’ equity
Common stock	544	544
Capital in excess of par value	60,565	62,239
Retained earnings	769,857	770,305
Accumulated other comprehensive loss	(139,535)	(137,440)
Shareholders' equity before treasury stock	691,431	695,648
Less cost of common stock in treasury	(155,243)	(156,750)
Total shareholders’ equity	536,188	538,898
Total liabilities and shareholders’ equity	$ 1,297,865	$ 1,339,754