Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 104,225	$ 126,201
Accounts receivable, net	128,738	124,442
Inventories	189,449	190,415
Prepaid expenses and other current assets	38,982	36,274
Total current assets	461,394	477,332
Plant, equipment and timberlands, net	517,431	537,421
Goodwill	146,986	150,816
Intangible assets, net	79,709	83,735
Other assets	38,672	34,490
Total assets	1,244,192	1,283,794
Liabilities and Shareholders' Equity
Current portion of long-term debt	24,952	22,940
Accounts payable	112,905	130,039
Dividends payable	5,761	5,752
Environmental liabilities	8,000	9,000
Other current liabilities	60,197	62,772
Total current liabilities	211,815	230,503
Long-term debt	325,532	336,919
Deferred income taxes	72,369	76,374
Other long-term liabilities	91,566	84,039
Total liabilities	701,282	727,835
Commitments and contingencies
Shareholders’ equity
Common stock	544	544
Capital in excess of par value	59,623	59,900
Retained earnings	727,440	725,795
Accumulated other comprehensive loss	(93,217)	(77,896)
Shareholders' equity before treasury stock	694,390	708,343
Less cost of common stock in treasury	(151,480)	(152,384)
Total shareholders’ equity	542,910	555,959
Total liabilities and shareholders’ equity	$ 1,244,192	$ 1,283,794