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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 187,251 $ 178,491
Accounts receivable, net 251,018 247,727
Inventories, net 149,582 173,701
Deferred income taxes 11,858 16,776
Other current assets 81,156 89,121
Total current assets 680,865 705,816
Property, plant and equipment, net of accumulated depreciation of $285,648 and $230,681, respectively 854,887 870,230
Goodwill 218,861 220,554
Intangible assets, net 182,573 178,911
Deferred income taxes 17,500 18,231
Other noncurrent assets 36,758 41,431
Total assets 1,991,444 2,035,173
Current liabilities:    
Short-term borrowings 36,761 17,665
Accounts payable and accrued liabilities 271,898 321,313
Income taxes payable 9,514 9,636
Deferred income taxes 8,793 10,217
Current portion of long-term debt 31,779 31,892
Total current liabilities 358,745 390,723
Long-term debt 1,486,695 1,433,283
Deferred Portion of Purchase Price 38,127 42,440
Deferred income taxes 50,092 36,223
Other noncurrent liabilities 61,693 67,124
Total liabilities 1,995,352 1,969,793
Redeemable noncontrolling interest 82,130 89,181
Shareholders’ equity:    
Common stock — 1,000 shares issued and outstanding 0 0
Additional paid-in capital 278,329 277,248
Accumulated deficit (291,141) (242,439)
Accumulated other comprehensive income (loss) (73,615) (59,164)
Total AVINTIV Specialty Materials Inc. shareholders' equity (deficit) (86,427) (24,355)
Noncontrolling interest 389 554
Total equity (deficit) (86,038) (23,801)
Total liabilities and equity $ 1,991,444 $ 2,035,173