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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 91,050 $ 131,835
Accounts receivable, net 377,853 169,166
Inventories 114,866 108,316
Income taxes receivable 40,243 57,174
Prepaid expenses 8,992 6,718
Other current assets 7,131 5,848
Current assets 640,135 479,057
Property, plant and equipment, net 443,928 497,986
Goodwill 32,150 32,150
Other assets 31,011 26,259
Total assets 1,147,224 1,035,452
LIABILITIES    
Accounts payable 103,462 70,536
Accrued payroll and related expenses 23,577 12,130
Accrued insurance expenses 5,299 4,099
Accrued state, local and other taxes 8,655 3,094
Income taxes payable 3,224 4,929
Other accrued expenses 1,143 6,680
Current liabilities 145,360 101,468
Long-term accrued insurance expenses 10,376 9,537
Long-term pension liabilities 35,635 32,864
Deferred income taxes 39,437 81,466
Other long-term liabilities 4,719 3,318
Total liabilities 235,527 228,653
Commitments and contingencies (Note 9)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.10 par value, 1,000,000 shares authorized, none issued
Common stock, $0.10 par value, 349,000,000 shares authorized, 216,543,552 and 217,489,402 shares issued and outstanding in 2017 and 2016, respectively 21,654 21,749
Capital in excess of par value 0 0
Retained earnings 906,745 803,152
Accumulated other comprehensive loss (16,702) (18,102)
Total stockholders' equity 911,697 806,799
Total liabilities and stockholders' equity $ 1,147,224 $ 1,035,452