Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS
Cash and cash equivalents	$ 49,044	$ 60,044
Accounts receivable — net	94,379	91,106
Inventories — net	178,027	169,828
Prepaid and other current assets	19,326	27,701
Total current assets	340,776	348,679
Pension asset	977	848
Purchased intangible assets — net	16,364	17,771
Goodwill	164,112	164,112
Deferred income taxes	48,662	5,566
Other assets	9,019	7,984
Total other assets	239,134	196,281
Property, plant and equipment — net	272,534	277,978
Total assets	852,444	822,938
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	71,560	82,485
Salaries and wages	27,266	29,035
Accrued liabilities	45,179	42,638
Accrued income taxes	4,009	2,010
Pension liability (current portion)	2,297	1,488
Non-pension postretirement benefits (current portion)	4,903	4,800
Derivative liability	4,265	2,653
Deferred income taxes	0	3,633
Long-term debt due within one year	4,747	7,658
Total current liabilities	164,226	176,400
Long-term debt	426,272	430,272
Pension liability	44,274	56,462
Non-pension postretirement benefits	55,282	63,301
Deferred income taxes	2,822	5,893
Other long-term liabilities	11,186	13,156
Total liabilities	704,062	745,484
Shareholders’ equity:
Common stock, par value $.01 per share, 50,000,000 shares authorized, 21,843,851 shares issued in 2015 (21,843,851 shares issued in 2014)	218	218
Capital in excess of par value	330,756	331,391
Treasury stock	(4,448)	(1,060)
Retained deficit	(57,912)	(114,648)
Accumulated other comprehensive loss	(120,232)	(138,447)
Total shareholders’ equity	148,382	77,454
Total liabilities and shareholders’ equity	$ 852,444	$ 822,938