Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 28,864	$ 29,511
Accounts and other receivables, net of allowance for doubtful accounts and sales returns of $3,298 in 2017 and $3,102 in 2016	121,031	97,388
Income Taxes Receivable, Current	4,668	7,518
Inventories	76,473	66,069
Prepaid expenses and other	8,317	7,738
Total current assets	239,353	208,224
Property, plant and equipment, at cost	846,646	797,630
Less accumulated depreciation	(543,988)	(536,905)
Net property, plant and equipment	302,658	260,725
Intangible Assets, Net (Including Goodwill)	191,564	151,423
Other assets and deferred charges	34,092	30,790
Total assets	767,667	651,162
Current liabilities:
Accounts payable	94,123	81,342
Accrued expenses	37,283	38,647
Total current liabilities	131,406	119,989
Long-term debt	193,000	95,000
Deferred income taxes	21,181	21,110
Other noncurrent liabilities	103,277	104,280
Total liabilities	448,864	340,379
Commitments and contingencies (Notes 1 and 13)
Shareholders’ equity:
Common stock, no par value (issued and outstanding - 33,032,440 at March 31, 2017 and 32,933,807 at December 31, 2016)	33,030	32,007
Common stock held in trust for savings restoration plan (69,940 shares at March 31, 2017 and 69,622 shares at December 31, 2016)	(1,505)	(1,497)
Foreign currency translation adjustment	(89,338)	(93,970)
Gain on derivative financial instruments	1,237	863
Pension and other post-retirement benefit adjustments	(88,177)	(90,127)
Retained earnings	463,556	463,507
Total shareholders’ equity	318,803	310,783
Total liabilities and shareholders’ equity	$ 767,667	$ 651,162

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).