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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 60,141 $ 95,122
Receivables, less allowance for doubtful accounts of $998 in 2016 and $983 in 2015 67,971 44,877
Inventories 93,978 59,734
Insurance receivables - asbestos 17,000 17,000
Other current assets 12,102 2,949
Total current assets 251,192 219,682
Property, plant and equipment, net 213,064 146,913
Insurance receivables - asbestos 105,748 108,423
Deferred income tax assets 30,529 20,569
Investments in joint ventures 3,069 3,097
Intangible assets - net 17,371 1,193
Goodwill 36,058 0
Other noncurrent assets 6,591 6,279
Total assets 663,622 506,156
Current liabilities:    
Accounts payable 37,890 13,959
Accrued payrolls and employee benefits 18,487 9,183
Debt - current portion 19,364 13,311
Asbestos liability - current portion 21,000 21,000
Other current liabilities 48,049 23,880
Total current liabilities 144,790 81,333
Employee benefit obligations 102,228 63,702
Asbestos liability 144,822 148,849
Noncurrent debt 28,248 0
Other noncurrent liabilities 729 849
Total liabilities $ 420,817 $ 294,733
Commitments and contingent liabilities (Note 7)
Shareholders' equity:    
Common stock - par value $1; authorized 20,000 shares; issued and outstanding 12,217 shares in 2016 and 10,440 in 2015 $ 12,217 $ 10,440
Additional paid-in capital 149,541 128,840
Retained earnings 125,672 129,742
Accumulated other comprehensive loss (56,209) (57,599)
Total Ampco-Pittsburgh shareholders' equity 231,221 211,423
Noncontrolling interest 11,584 0
Total shareholders' equity 242,805 211,423
Total liabilities and shareholders' equity $ 663,622 $ 506,156