Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 25,066	$ 24,696
Accounts receivable — net	83,977	89,997
Inventories — net	192,103	187,886
Prepaid and other current assets	16,522	12,550
Total current assets	317,668	315,129
Pension asset	0	2,939
Purchased intangible assets — net	13,385	14,565
Goodwill	84,412	84,412
Deferred income taxes	26,090	24,892
Other assets	7,660	9,627
Property, plant and equipment — net	264,960	265,675
Total assets	714,175	717,239
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	74,836	78,346
Salaries and wages	27,924	27,409
Accrued liabilities	43,728	43,920
Accrued income taxes	3,639	1,862
Pension liability (current portion)	3,282	2,185
Non-pension post-retirement benefits (current portion)	3,951	4,185
Long-term debt due within one year	4,400	7,485
Total current liabilities	161,760	165,392
Long-term debt	393,300	376,905
Pension liability	45,206	43,555
Non-pension post-retirement benefits	43,015	49,758
Deferred income taxes	2,755	1,850
Other long-term liabilities	18,246	12,885
Total liabilities	664,282	650,345
Contingencies (note 17)
Shareholders’ equity:
Common stock, par value $.01 per share, 50,000,000 shares authorized, 22,157,220 shares issued in 2018 (22,018,010 shares issued in 2017)	222	220
Capital in excess of par value	335,517	333,011
Retained deficit	(171,441)	(161,165)
Accumulated other comprehensive loss	(114,405)	(105,172)
Total shareholders’ equity	49,893	66,894
Total liabilities and shareholders’ equity	$ 714,175	$ 717,239