2020 Q1 Form 10-Q Financial Statement

#000150433720000009 Filed on May 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q4 2019 Q1
Revenue $477.9M $435.5M $428.8M
YoY Change 11.45% 1.58% -1.87%
Cost Of Revenue $423.0M $384.2M $384.3M
YoY Change 10.07% 0.52% -2.07%
Gross Profit $54.90M $51.30M $44.50M
YoY Change 23.37% 10.32% -0.04%
Gross Profit Margin 11.49% 11.78% 10.38%
Selling, General & Admin $27.50M $26.90M $30.40M
YoY Change -9.54% -0.96% -7.82%
% of Gross Profit 50.09% 52.44% 68.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.00M $29.30M $25.80M
YoY Change 8.53% 11.41% 2.52%
% of Gross Profit 51.0% 57.12% 57.98%
Operating Expenses $27.50M $33.20M $30.40M
YoY Change -9.54% 22.23% -7.82%
Operating Profit $18.80M $18.10M $14.40M
YoY Change 30.56% -110.36% 24.79%
Interest Expense $12.20M -$12.40M $11.90M
YoY Change 2.52% 69.86% -248.38%
% of Operating Profit 64.89% -68.51% 82.64%
Other Income/Expense, Net -$14.70M -$1.400M -$9.900M
YoY Change 48.48% 16.67% 661.54%
Pretax Income $4.100M $4.300M $4.500M
YoY Change -8.89% -102.35% 100.89%
Income Tax $6.200M $2.400M $700.0K
% Of Pretax Income 151.22% 55.81% 15.56%
Net Earnings $10.30M $2.000M $3.800M
YoY Change 171.05% -101.07% 46.15%
Net Earnings / Revenue 2.16% 0.46% 0.89%
Basic Earnings Per Share $0.62 $0.23
Diluted Earnings Per Share $0.62 $121.2K $0.23
COMMON SHARES
Basic Shares Outstanding 16.56M shares 16.52M shares 16.52M shares
Diluted Shares Outstanding 16.62M shares 16.56M shares

Balance Sheet

Concept 2020 Q1 2019 Q4 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.80M $20.00M $12.20M
YoY Change 398.36% -11.11% 0.83%
Cash & Equivalents $60.80M $20.00M $12.20M
Short-Term Investments
Other Short-Term Assets $12.60M $3.600M $12.24M
YoY Change 2.97% 5.88% 40.01%
Inventory $240.5M $281.4M $285.9M
Prepaid Expenses
Receivables $185.9M $159.1M $168.1M
Other Receivables $2.000M $2.600M $7.000M
Total Short-Term Assets $520.9M $465.8M $486.8M
YoY Change 7.0% 4.93% 11.48%
LONG-TERM ASSETS
Property, Plant & Equipment $1.236B $1.258B $1.292B
YoY Change -4.37% -0.91% 19.89%
Goodwill $35.10M $35.07M
YoY Change 0.07% -85.63%
Intangibles $0.00 $22.30M
YoY Change -100.0% -27.12%
Long-Term Investments
YoY Change
Other Assets $18.80M $29.10M $14.61M
YoY Change 28.7% 85.35% -36.04%
Total Long-Term Assets $1.376B $1.412B $1.441B
YoY Change -4.55% 5.04% 4.82%
TOTAL ASSETS
Total Short-Term Assets $520.9M $465.8M $486.8M
Total Long-Term Assets $1.376B $1.412B $1.441B
Total Assets $1.897B $1.878B $1.928B
YoY Change -1.63% 5.01% 6.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $146.8M $149.6M $198.3M
YoY Change -25.97% -34.41% 9.92%
Accrued Expenses $51.40M $60.70M $88.10M
YoY Change -41.66% 6.3% 43.02%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $58.10M $17.90M $213.6M
YoY Change -72.8%
Total Short-Term Liabilities $290.4M $280.4M $515.2M
YoY Change -43.64% -37.58% 21.09%
LONG-TERM LIABILITIES
Long-Term Debt $883.9M $884.5M $671.5M
YoY Change 31.63% 27.65% 17.66%
Other Long-Term Liabilities $16.20M $17.30M $33.86M
YoY Change -52.15% -14.36% -19.74%
Total Long-Term Liabilities $900.1M $901.8M $705.3M
YoY Change 27.61% 26.46% 15.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $290.4M $280.4M $515.2M
Total Long-Term Liabilities $900.1M $901.8M $705.3M
Total Liabilities $1.452B $1.446B $1.496B
YoY Change -2.94% 6.17% 21.51%
SHAREHOLDERS EQUITY
Retained Earnings $492.1M $481.7M $491.2M
YoY Change 0.19% -1.15% -22.49%
Common Stock $0.00 $0.00 $2.000K
YoY Change -100.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares 0.000 shares
Shareholders Equity $444.8M $432.0M $432.2M
YoY Change
Total Liabilities & Shareholders Equity $1.897B $1.878B $1.928B
YoY Change -1.63% 5.01% 6.42%

Cashflow Statement

Concept 2020 Q1 2019 Q4 2019 Q1
OPERATING ACTIVITIES
Net Income $10.30M $2.000M $3.800M
YoY Change 171.05% -101.07% 46.15%
Depreciation, Depletion And Amortization $28.00M $29.30M $25.80M
YoY Change 8.53% 11.41% 2.52%
Cash From Operating Activities $11.70M $71.80M -$29.40M
YoY Change -139.8% 50.21% -195.27%
INVESTING ACTIVITIES
Capital Expenditures $10.50M -$14.30M $71.60M
YoY Change -85.34% -88.25% 47.84%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities -$10.50M -$14.30M -$71.60M
YoY Change -85.34% -88.25% 50.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $1.100M $0.00
YoY Change
Cash From Financing Activities $38.10M -45.40M $90.70M
YoY Change -57.99% -336.46% 590.52%
NET CHANGE
Cash From Operating Activities $11.70M 71.80M -$29.40M
Cash From Investing Activities -$10.50M -14.30M -$71.60M
Cash From Financing Activities $38.10M -45.40M $90.70M
Net Change In Cash $39.30M 12.10M -$10.30M
YoY Change -481.55% -122.12% 180.88%
FREE CASH FLOW
Cash From Operating Activities $11.70M $71.80M -$29.40M
Capital Expenditures $10.50M -$14.30M $71.60M
Free Cash Flow $1.200M $86.10M -$101.0M
YoY Change -101.19% -49.2% 474.84%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q1 clw Debt Instrument Repayment Terms Percentage Of Principal
DebtInstrumentRepaymentTermsPercentageOfPrincipal
0.0025
CY2020Q1 clw Fixed Charge Coverage Ratio
FixedChargeCoverageRatio
1.10
CY2020Q1 clw Lienleverageratio
Lienleverageratio
4.74
CY2020Q1 clw Potentialadditionallinesofcredit
Potentialadditionallinesofcredit
100000000 USD
CY2020Q1 dei Amendment Flag
AmendmentFlag
false
CY2020Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2020Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020Q1 dei Document Period End Date
DocumentPeriodEndDate
2020-03-31
CY2020Q1 dei Document Type
DocumentType
10-Q
CY2020Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001441236
CY2020Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
16570864 shares
CY2020Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2020Q1 dei Entity Registrant Name
EntityRegistrantName
CLEARWATER PAPER CORP
CY2020Q1 dei Entity Shell Company
EntityShellCompany
false
CY2020Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2020Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
187200000 USD
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16515813.000000 shares
CY2019Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
158200000 USD
CY2020Q1 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
146800000 USD
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
157000000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
59300000 USD
CY2020Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
51400000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-59500000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-57700000 USD
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
9800000 USD
CY2020Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
10400000 USD
CY2019Q1 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-600000 USD
CY2020Q1 us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
900000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1200000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1300000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1500000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1400000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
500000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
600000 USD
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
900000 shares
CY2019Q4 us-gaap Assets
Assets
1877700000 USD
CY2020Q1 us-gaap Assets
Assets
1896800000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
465800000 USD
CY2020Q1 us-gaap Assets Current
AssetsCurrent
520900000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12200000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20000000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
60800000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24900000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14600000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22400000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61800000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-10300000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
39400000 USD
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001000000
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16569442 shares
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2020Q1 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5000000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12100000 USD
CY2019Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
384300000 USD
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
423000000 USD
CY2019Q1 us-gaap Costs And Expenses
CostsAndExpenses
414400000 USD
CY2020Q1 us-gaap Costs And Expenses
CostsAndExpenses
459100000 USD
CY2019Q4 us-gaap Debt Current
DebtCurrent
17900000 USD
CY2020Q1 us-gaap Debt Current
DebtCurrent
58100000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
910500000 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
949700000 USD
CY2020Q1 us-gaap Debt Instrument Term
DebtInstrumentTerm
P3Y
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4500000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4100000 USD
CY2019Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
900000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
400000 USD
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1400000 USD
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1800000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
121300000 USD
CY2020Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
123600000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25800000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28000000 USD
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.16
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.50
CY2020Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
45000000 USD
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
34100000 USD
CY2019Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
200000 USD
CY2020Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
400000 USD
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
500000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
500000 USD
CY2019Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
500000 USD
CY2020Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
500000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
22000000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
22000000 USD
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1400000 USD
CY2020Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
1600000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
20600000 USD
CY2020Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
20400000 USD
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
300000 USD
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
300000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
26500000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
26700000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
400000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-6200000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-200000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
300000 USD
CY2020Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
19200000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-10800000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-13000000 USD
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
46951 shares
CY2019Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-8600000 USD
CY2020Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-12800000 USD
CY2019Q1 us-gaap Interest Income Other
InterestIncomeOther
400000 USD
CY2020Q1 us-gaap Interest Income Other
InterestIncomeOther
0 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
23100000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
15100000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
37300000 USD
CY2019Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-11900000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
19200000 USD
CY2019Q4 us-gaap Interest Receivable Current
InterestReceivableCurrent
1000000 USD
CY2020Q1 us-gaap Interest Receivable Current
InterestReceivableCurrent
0 USD
CY2020Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-10900000 USD
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
59800 shares
CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
52000000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
168900000 USD
CY2020Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
133100000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
281400000 USD
CY2019Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
21600000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
240500000 USD
CY2019Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
19400000 USD
CY2020Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
13300000 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
4600000 USD
CY2020Q1 us-gaap Lease Cost
LeaseCost
5200000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
1445700000 USD
CY2020Q1 us-gaap Liabilities
Liabilities
1452100000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1877700000 USD
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1896800000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
280400000 USD
CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-40900000 USD
CY2019Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
13500000 USD
CY2020Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-100000 USD
CY2019Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
8800000 USD
CY2020Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
9000000 USD
CY2020Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
51200000 USD
CY2019Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-3400000 USD
CY2020Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0 USD
CY2019Q1 us-gaap Interest Expense
InterestExpense
11900000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
12200000 USD
CY2020Q1 us-gaap Liabilities Current
LiabilitiesCurrent
290400000 USD
CY2020Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
250000000 USD
CY2020Q1 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
232000000 USD
CY2020Q1 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
57900000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
892600000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
891600000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
17900000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
58100000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
902400000 USD
CY2020Q1 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
942000000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
884500000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
37800000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-71600000 USD
CY2019Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-475000 USD
CY2019Q3 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-459000 USD
CY2020Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-641000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1200000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1800000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1200000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
883900000 USD
CY2020Q1 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.028
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
90700000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10500000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-29400000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12100000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
3800000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
10300000 USD
CY2019Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
1300000 USD
CY2020Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
1900000 USD
CY2019Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9900000 USD
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14700000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
14400000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
18800000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
3500000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
3900000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
79500000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
76700000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13900000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
65600000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
62700000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4100000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4400000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
73100000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
70400000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3600000 USD
CY2020Q1 us-gaap Other Assets Current
OtherAssetsCurrent
12600000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
29100000 USD
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
18800000 USD
CY2019Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-452000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1800000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-1200000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-1800000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-452000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-641000 USD
CY2019Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
93100000 USD
CY2020Q1 us-gaap Other Inventory Supplies
OtherInventorySupplies
94100000 USD
CY2019Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2600000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1900000 USD
CY2020Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1100000 USD
CY2019Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
199000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
17300000 USD
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
16200000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1300000 USD
CY2020Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-500000 USD
CY2019Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
300000 USD
CY2020Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-8600000 USD
CY2019Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
2600000 USD
CY2020Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
2000000 USD
CY2020Q1 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
-7300000 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
400000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
700000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
71600000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10500000 USD
CY2019Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
76600000 USD
CY2020Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
75300000 USD
CY2019Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
0 USD
CY2020Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
800000 USD
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001000000
CY2020Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-700000 USD
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-800000 USD
CY2019Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
290400000 USD
CY2020Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
88500000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1257700000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1235500000 USD
CY2019Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
159400000 USD
CY2020Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
207100000 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2020Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
48800000 USD
CY2019Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
1400000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1400000 USD
CY2020Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 USD
CY2019Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1000000 USD
CY2020Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1000000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
600000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
481700000 USD
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
492100000 USD
CY2019Q1 us-gaap Revenues
Revenues
428800000 USD
CY2020Q1 us-gaap Revenues
Revenues
477900000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
500000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
300000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
100000 USD
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
30400000 USD
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
27500000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
800000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1500000 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
400000 shares
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-400000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-700000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
426400000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
432200000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
432000000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
444800000 USD
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2020Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
0 shares
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8100000 USD
CY2020Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
7700000 USD
CY2019Q1 us-gaap Variable Lease Cost
VariableLeaseCost
200000 USD
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
400000 USD
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16563000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16563000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16615000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16615000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16516000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16555000 shares

Files In Submission

Name View Source Status
0001504337-20-000009-index-headers.html Edgar Link pending
0001504337-20-000009-index.html Edgar Link pending
0001504337-20-000009.txt Edgar Link pending
0001504337-20-000009-xbrl.zip Edgar Link pending
clw-20200331.xml Edgar Link completed
clw-20200331.xsd Edgar Link pending
clw-20200331_cal.xml Edgar Link unprocessable
clw-20200331_def.xml Edgar Link unprocessable
clw-20200331_lab.xml Edgar Link unprocessable
clw-20200331_pre.xml Edgar Link unprocessable
clw-2020331x10q.htm Edgar Link pending
ex31q1-20.htm Edgar Link pending
ex32q1-20.htm Edgar Link pending
exhibit102amendmenttoablcr.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
offerletter.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending