CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents	$ 25,865	$ 11,997
Trade accounts receivable, less allowance for losses of $4,836 and $3,871, respectively	194,509	232,047
Inventories	404,320	409,159
Prepaid expenses and other current assets	50,974	44,673
Assets held for sale	41,393	31,029
Total current assets	717,061	728,905
Other assets	70,462	71,117
Deferred tax assets	12,120	25,177
Intangible assets - at cost, less accumulated amortization of $16,314 and $15,176, respectively	8,126	9,209
Goodwill	383,568	399,646
Property, Plant and Equipment:
Land	33,015	33,975
Buildings	265,157	274,318
Machinery and equipment	643,869	664,917
Construction in progress	79,981	62,515
Property, plant and equipment, gross	1,022,022	1,035,725
Less accumulated depreciation	(545,499)	(566,047)
Property, plant and equipment, net	476,523	469,678
Total assets	1,667,860	1,703,732
Current Liabilities:
Trade accounts payable	92,450	95,442
Accrued salaries, wages and withholdings from employees	26,502	23,530
Other accrued expenses	54,752	61,701
Income taxes	14,080	7,504
Short-term borrowings	20,578	20,655
Liabilities held for sale	5,313	4,090
Total current liabilities	213,675	212,922
Deferred income taxes	9,650	5,640
Other liabilities	6,103	7,534
Accrued employee and retiree benefits	19,911	19,007
Long-term debt	582,780	613,502
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	107,686	109,974
Earnings reinvested in the business	1,378,923	1,302,302
Treasury stock, 9,716,504 and 9,174,843 shares, respectively, at cost	(442,799)	(402,483)
Accumulated other comprehensive loss	(213,465)	(170,062)
Total shareholders' equity	835,741	845,127
Total liabilities and shareholders' equity	$ 1,667,860	$ 1,703,732