CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 75,909	$ 62,051
Accounts receivable, (net of allowance for doubtful receivables of $1,251 and $709, respectively)	82,149	84,366
Inventories	46,530	51,241
Taxes receivable	4,194	4,539
Prepaid expenses and other current assets	10,521	11,109
Total current assets	219,303	213,306
Property, plant and equipment, net	114,433	115,357
Goodwill	16,841	21,943
Other intangible assets, net	5,399	7,841
Deferred tax assets	134	1,408
Other assets, net	2,150	1,915
Total assets	358,260	361,770
Current liabilities:
Current portion of long-term debt	323	615
Accounts payable	42,470	49,325
Accrued payroll and other compensation	10,210	14,550
Accrued taxes	1,200	1,447
Other accrued liabilities	6,797	7,140
Total current liabilities	61,000	73,077
Long-term debt	20,156	40,315
Deferred tax liabilities	14,997	13,867
Benefit plan liabilities	14,222	19,142
Other long-term liabilities	$ 2,660	$ 2,770
Commitments and Contingencies
Stockholders’ equity:
Preferred stock (par value $0.01 per share; authorized 500,000 shares; none issued or outstanding)	$ 0	$ 0
Common stock (par value $0.01 per share; authorized 30,000 shares; issued 24,733 and 24,631 shares, respectively)	247	2,463
Capital in excess of par value	76,746	68,961
Retained earnings	288,358	242,099
Accumulated other comprehensive loss	(34,585)	(24,161)
Treasury stock, 7,592 and 7,312 shares of common stock, respectively, at cost	(85,541)	(76,763)
Total stockholders’ equity	245,225	212,599
Total liabilities and stockholders’ equity	$ 358,260	$ 361,770