Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 46,609	$ 50,056
Accounts and other receivables, net of allowance for doubtful accounts and sales returns of $2,922 in 2015 and $2,610 in 2014	108,030	113,341
Income Taxes Receivable, Current	366	877
Inventories	65,511	74,308
Deferred income taxes	8,120	8,877
Prepaid expenses and other	7,265	8,283
Total current assets	235,901	255,742
Property, plant and equipment, at cost	750,066	790,622
Less accumulated depreciation	(521,931)	(520,665)
Net property, plant and equipment	228,135	269,957
Intangible Assets, Net (Including Goodwill)	153,816	215,129
Other assets and deferred charges	46,502	47,798
Total assets	664,354	788,626
Current liabilities:
Accounts payable	77,464	94,131
Accrued expenses	35,093	32,049
Total current liabilities	112,557	126,180
Long-term debt	134,000	137,250
Deferred income taxes	27,259	39,255
Other noncurrent liabilities	108,788	113,912
Total liabilities	$ 382,604	$ 416,597
Commitments and contingencies (Notes 1 and 15)
Shareholders’ equity:
Common stock, no par value (issued and outstanding - 32,673,712 at September 30, 2015 and 32,422,082 at December 31, 2014)	$ 29,297	$ 24,364
Common stock held in trust for savings restoration plan (67,155 shares at September 30, 2015 and 66,255 shares at December 31, 2014)	(1,459)	(1,440)
Foreign currency translation adjustment	(111,892)	(47,270)
Gain (loss) on derivative financial instruments	(1,140)	656
Pension and other post-retirement benefit adjustments	(95,986)	(103,581)
Retained earnings	462,930	499,300
Total shareholders’ equity	281,750	372,029
Total liabilities and shareholders’ equity	$ 664,354	$ 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).