CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 11,997	$ 20,329
Trade accounts receivable, less allowance for losses of $3,871 and $3,838, respectively	232,047	228,907
Inventories	409,159	449,409
Prepaid expenses and other current assets	44,673	37,713
Deferred income taxes	24,438	21,735
Assets held for sale	31,029	1,296
Total current assets	753,343	759,389
Other assets	79,561	77,376
Intangible assets - at cost, less accumulated amortization of $15,176 and $14,390, respectively	9,209	8,760
Goodwill	399,646	424,114
Property, Plant and Equipment:
Land	33,975	42,868
Buildings	274,318	295,381
Machinery and equipment	664,917	723,631
Construction in progress	62,515	54,579
Property, Plant and Equipment, Gross, Total	1,035,725	1,116,459
Less accumulated depreciation	(566,047)	(620,892)
Property, Plant and Equipment, Net, Total	469,678	495,567
Total assets	1,711,437	1,765,206
Current Liabilities:
Trade accounts payable	95,442	99,033
Accrued salaries, wages and withholdings from employees	23,530	30,010
Other accrued expenses	61,701	76,383
Income taxes	7,504	3,591
Short-term borrowings	20,655	15,888
Liabilities held for sale	4,090	0
Total current liabilities	212,922	224,905
Deferred income taxes	12,970	0
Other liabilities	7,534	17,372
Accrued employee and retiree benefits	19,007	24,983
Long-term debt	613,877	451,011
Shareholders' Equity:
Common stock, par value $0.10 a share, authorized 100,000,000 shares; issued 53,954,874 shares	5,396	5,396
Additional paid-in capital	109,974	110,969
Earnings reinvested in the business	1,302,302	1,243,627
Treasury stock, 9,174,843 and 6,529,891 shares, respectively, at cost	(402,483)	(227,929)
Accumulated other comprehensive loss	(170,062)	(85,128)
Total shareholders' equity	845,127	1,046,935
Total liabilities and shareholders' equity	$ 1,711,437	$ 1,765,206