Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 28,356	$ 44,156
Accounts and other receivables, net of allowance for doubtful accounts and sales returns of $3,206 in 2016 and $3,746 in 2015	104,394	94,217
Income Taxes Receivable, Current	4,622	360
Inventories	73,273	65,325
Prepaid expenses and other	6,351	6,946
Total current assets	216,996	211,004
Property, plant and equipment, at cost	795,087	754,678
Less accumulated depreciation	(538,308)	(523,363)
Net property, plant and equipment	256,779	231,315
Intangible Assets, Net (Including Goodwill)	152,505	153,072
Other assets and deferred charges	29,490	27,869
Total assets	655,770	623,260
Current liabilities:
Accounts payable	88,073	84,148
Accrued expenses	36,871	33,653
Total current liabilities	124,944	117,801
Long-term debt	91,750	104,000
Deferred income taxes	19,813	18,656
Other noncurrent liabilities	101,345	110,055
Total liabilities	337,852	350,512
Commitments and contingencies (Notes 1 and 12)
Shareholders’ equity:
Common stock, no par value (issued and outstanding - 32,921,549 at September 30, 2016 and 32,682,162 at December 31, 2015)	32,268	29,467
Common stock held in trust for savings restoration plan (69,207 shares at September 30, 2016 and 67,726 shares at December 31, 2015)	(1,490)	(1,467)
Foreign currency translation adjustment	(89,878)	(112,807)
Gain/(loss) on derivative financial instruments	590	(373)
Pension and other post-retirement benefit adjustments	(88,966)	(95,539)
Retained earnings	465,394	453,467
Total shareholders’ equity	317,918	272,748
Total liabilities and shareholders’ equity	$ 655,770	$ 623,260

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).