Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 99,581	$ 126,201
Accounts receivable (less allowance for doubtful accounts: 2020 - $2,093; 2019 - $1,682)	122,817	124,442
Inventories	196,230	190,415
Prepaid expenses and other current assets	34,297	36,274
Total current assets	452,925	477,332
Plant, equipment and timberlands, net	543,267	537,421
Goodwill	164,369	150,816
Intangible assets, net	81,835	83,735
Other assets	44,485	34,490
Total assets	1,286,881	1,283,794
Liabilities and Shareholders' Equity
Current portion of long-term debt	25,057	22,940
Accounts payable	127,505	130,039
Dividends payable	5,988	5,752
Environmental liabilities	3,700	9,000
Other current liabilities	71,093	62,772
Total current liabilities	233,343	230,503
Long-term debt	288,464	336,919
Deferred income taxes	77,131	76,374
Other long-term liabilities	110,011	84,039
Total liabilities	708,949	727,835
Commitments and contingencies
Shareholders’ equity
Common stock, $0.01 par value; authorized - 120,000,000; issued - 54,361,980 (including treasury shares: 2020 - 9,994,144; 2019 - 10,113,504)	544	544
Capital in excess of par value	63,261	59,900
Retained earnings	723,365	725,795
Accumulated other comprehensive loss	(58,653)	(77,896)
Shareholders' equity before treasury stock	728,517	708,343
Less cost of common stock in treasury	(150,585)	(152,384)
Total shareholders’ equity	577,932	555,959
Total liabilities and shareholders’ equity	$ 1,286,881	$ 1,283,794