Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 76,619	$ 126,201
Accounts receivable, net	121,713	124,442
Inventories	196,044	190,415
Prepaid expenses and other current assets	37,483	36,274
Total current assets	431,859	477,332
Plant, equipment and timberlands, net	517,541	537,421
Goodwill	150,104	150,816
Intangible assets, net	78,569	83,735
Other assets	48,811	34,490
Total assets	1,226,884	1,283,794
Liabilities and Shareholders' Equity
Current portion of long-term debt	22,866	22,940
Accounts payable	93,626	130,039
Dividends payable	5,989	5,752
Environmental liabilities	5,000	9,000
Other current liabilities	67,047	62,772
Total current liabilities	194,528	230,503
Long-term debt	324,693	336,919
Deferred income taxes	72,773	76,374
Other long-term liabilities	93,891	84,039
Total liabilities	685,885	727,835
Commitments and contingencies
Shareholders’ equity
Common stock	544	544
Capital in excess of par value	59,982	59,900
Retained earnings	719,035	725,795
Accumulated other comprehensive loss	(87,977)	(77,896)
Shareholders' equity before treasury stock	691,584	708,343
Less cost of common stock in treasury	(150,585)	(152,384)
Total shareholders’ equity	540,999	555,959
Total liabilities and shareholders’ equity	$ 1,226,884	$ 1,283,794