Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 47,405	$ 50,056
Accounts and other receivables, net of allowance for doubtful accounts and sales returns of $2,830 in 2015 and $2,610 in 2014	112,471	113,341
Income Taxes Receivable, Current	3,679	877
Inventories	73,400	74,308
Deferred income taxes	8,431	8,877
Prepaid expenses and other	8,017	8,283
Total current assets	253,403	255,742
Property, plant and equipment, at cost	772,414	790,622
Less accumulated depreciation	(521,955)	(520,665)
Net property, plant and equipment	250,459	269,957
Intangible Assets, Net (Including Goodwill)	206,844	215,129
Other assets and deferred charges	47,283	47,798
Total assets	757,989	788,626
Current liabilities:
Accounts payable	84,817	94,131
Accrued expenses	36,211	32,049
Total current liabilities	121,028	126,180
Long-term debt	135,000	137,250
Deferred income taxes	32,953	39,255
Other noncurrent liabilities	113,153	113,912
Total liabilities	$ 402,134	$ 416,597
Commitments and contingencies (Notes 1 and 13)
Shareholders’ equity:
Common stock, no par value (issued and outstanding - 32,705,198 at June 30, 2015 and 32,422,082 at December 31, 2014)	$ 29,954	$ 24,364
Common stock held in trust for savings restoration plan (66,823 shares at June 30, 2015 and 66,255 shares at December 31, 2014)	(1,452)	(1,440)
Foreign currency translation adjustment	(76,366)	(47,270)
Gain (loss) on derivative financial instruments	(985)	656
Pension and other post-retirement benefit adjustments	(98,536)	(103,581)
Retained earnings	503,240	499,300
Total shareholders’ equity	355,855	372,029
Total liabilities and shareholders’ equity	$ 757,989	$ 788,626

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).