Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 59,241	$ 126,201
Accounts receivable, net	133,577	124,442
Inventories	193,434	190,415
Prepaid expenses and other current assets	35,497	36,274
Total current assets	421,749	477,332
Plant, equipment and timberlands, net	528,512	537,421
Goodwill	156,863	150,816
Intangible assets, net	80,114	83,735
Other assets	46,704	34,490
Total assets	1,233,942	1,283,794
Liabilities and Shareholders' Equity
Current portion of long-term debt	23,908	22,940
Accounts payable	95,506	130,039
Dividends payable	5,990	5,752
Environmental liabilities	4,500	9,000
Other current liabilities	68,262	62,772
Total current liabilities	198,166	230,503
Long-term debt	307,984	336,919
Deferred income taxes	75,789	76,374
Other long-term liabilities	93,578	84,039
Total liabilities	675,517	727,835
Commitments and contingencies
Shareholders’ equity
Common stock	544	544
Capital in excess of par value	61,600	59,900
Retained earnings	719,572	725,795
Accumulated other comprehensive loss	(72,706)	(77,896)
Shareholders' equity before treasury stock	709,010	708,343
Less cost of common stock in treasury	(150,585)	(152,384)
Total shareholders’ equity	558,425	555,959
Total liabilities and shareholders’ equity	$ 1,233,942	$ 1,283,794