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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 38,579 $ 95,122
Receivables, less allowance for doubtful accounts of $2,228 in 2016 and $983 in 2015 72,233 44,877
Inventories 83,579 59,734
Insurance receivable - asbestos 13,000 17,000
Other current assets 14,073 2,949
Total current assets 221,464 219,682
Property, plant and equipment, net 214,408 146,913
Insurance receivable - asbestos 102,945 108,423
Deferred income tax assets 4,824 20,569
Investments in joint ventures 2,019 3,097
Intangible assets - net 11,601 1,193
Other noncurrent assets 8,628 6,279
Total assets 565,889 506,156
Current liabilities:    
Accounts payable 37,104 13,959
Accrued payrolls and employee benefits 20,166 9,183
Debt - current portion 26,825 13,311
Asbestos liability - current portion 18,000 21,000
Other current liabilities 42,197 23,880
Total current liabilities 144,292 81,333
Employee benefit obligations 91,947 63,702
Asbestos liability 153,181 148,849
Deferred income tax liabilities 591 0
Long-term debt 25,389 0
Other noncurrent liabilities 655 849
Total liabilities 416,055 294,733
Commitments and contingent liabilities (Note 10)
Shareholders' equity:    
Common stock - par value $1; authorized 20,000 shares; issued and outstanding 12,271 shares in 2016 and 10,440 shares in 2015 12,271 10,440
Additional paid-in capital 151,089 128,840
Retained earnings 45,443 129,742
Accumulated other comprehensive loss (60,885) (57,599)
Total Ampco-Pittsburgh shareholders' equity 147,918 211,423
Noncontrolling interest 1,916 0
Total shareholders' equity 149,834 211,423
Total liabilities and shareholders' equity $ 565,889 $ 506,156