CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013		Dec. 31, 2012
ASSETS
Cash and cash equivalents	$ 140,801		$ 183,976
Restricted cash	3,273		258
Accounts receivable — net	51,247		50,667
Due from affiliates	24,955		37,870
Inventories	231,505	[1]	159,925	[1]
Prepaid and other current assets	40,708		34,975
Deferred taxes - current portion	19,720		19,726
Total current assets	512,209		487,397
Property, plant and equipment — net	1,239,201		1,188,214
Other assets	108,221		100,715
TOTAL	1,859,631		1,776,326
LIABILITIES:
Accounts payable, trade	105,950		75,370
Due to affiliates	71,739		39,737
Accrued and other current liabilities	72,921		40,099
Accrued employee benefits costs	17,060		18,683
Industrial revenue bonds	7,815		7,815
Current portion of long-term debt	2,603		0
Total current liabilities	278,088		181,704
Senior notes payable	246,442		250,582
Revolving credit facility	16,725		0
Accrued pension benefits costs — less current portion	59,724		67,878
Accrued postretirement benefits costs — less current portion	144,025		143,105
Other liabilities	37,184		40,162
Deferred taxes	111,922		110,252
Total noncurrent liabilities	616,022		611,979
COMMITMENTS AND CONTINGENCIES (NOTE 11)
SHAREHOLDERS' EQUITY:
Series A Preferred stock (one cent par value, 5,000,000 shares authorized; 79,734 and 80,283 issued and outstanding at September 30, 2013 and December 31, 2012, respectively)	1		1
Common stock (one cent par value, 195,000,000 shares authorized; 93,469,452 issued and 88,682,931 outstanding at September 30, 2013; 93,335,158 issued and 88,548,637 outstanding at December 31, 2012)	935		933
Additional paid-in capital	2,508,456		2,507,454
Treasury stock, at cost	(49,924)		(49,924)
Accumulated other comprehensive loss	(138,680)		(151,192)
Accumulated deficit	(1,355,267)		(1,324,629)
Total shareholders’ equity	965,521		982,643
TOTAL	$ 1,859,631		$ 1,776,326

[1] The balance at September 30, 2013 includes inventory maintained at the recently acquired Sebree smelter. See Note 2 Acquisition of Sebree aluminum smelter for additional information about the Sebree acquisition.