$CLW
Clearwater Paper Corp

2021 Q1 Form 10-Q Financial Statement

#000150433721000015 Filed on May 05, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q4 2020 Q1
Revenue $425.9M $452.8M $477.9M
YoY Change -10.88% 3.97% 11.45%
Cost Of Revenue $370.6M $376.1M $423.0M
YoY Change -12.39% -2.11% 10.07%
Gross Profit $55.30M $76.70M $54.90M
YoY Change 0.73% 49.51% 23.37%
Gross Profit Margin 12.98% 16.94% 11.49%
Selling, General & Admin $27.80M $32.60M $27.50M
YoY Change 1.09% 21.19% -9.54%
% of Gross Profit 50.27% 42.5% 50.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.80M $27.50M $28.00M
YoY Change -4.29% -6.14% 8.53%
% of Gross Profit 48.46% 35.85% 51.0%
Operating Expenses $27.80M $34.80M $27.50M
YoY Change 1.09% 4.82% -9.54%
Operating Profit $27.10M $41.90M $18.80M
YoY Change 44.15% 131.49% 30.56%
Interest Expense $9.200M -$9.500M $12.20M
YoY Change -24.59% -23.39% 2.52%
% of Operating Profit 33.95% -22.67% 64.89%
Other Income/Expense, Net -$11.80M -$1.700M -$14.70M
YoY Change -19.73% 21.43% 48.48%
Pretax Income $15.30M $29.60M $4.100M
YoY Change 273.17% 588.37% -8.89%
Income Tax $3.200M $14.00M $6.200M
% Of Pretax Income 20.92% 47.3% 151.22%
Net Earnings $12.10M $22.60M $10.30M
YoY Change 17.48% 1030.0% 171.05%
Net Earnings / Revenue 2.84% 4.99% 2.16%
Basic Earnings Per Share $0.73 $0.62
Diluted Earnings Per Share $0.71 $1.345M $0.62
COMMON SHARES
Basic Shares Outstanding 16.65M shares 16.57M shares 16.56M shares
Diluted Shares Outstanding 16.98M shares 16.62M shares

Balance Sheet

Concept 2021 Q1 2020 Q4 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $57.10M $35.90M $60.80M
YoY Change -6.09% 79.5% 398.36%
Cash & Equivalents $57.10M $35.90M $60.80M
Short-Term Investments
Other Short-Term Assets $15.30M $15.20M $12.60M
YoY Change 21.43% 322.22% 2.97%
Inventory $293.1M $263.3M $240.5M
Prepaid Expenses
Receivables $130.1M $144.6M $185.9M
Other Receivables $2.100M $2.100M $2.000M
Total Short-Term Assets $500.4M $474.9M $520.9M
YoY Change -3.94% 1.95% 7.0%
LONG-TERM ASSETS
Property, Plant & Equipment $1.173B $1.192B $1.236B
YoY Change -5.04% -5.26% -4.37%
Goodwill $35.10M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $21.30M $134.0M $18.80M
YoY Change 13.3% 360.48% 28.7%
Total Long-Term Assets $1.304B $1.326B $1.376B
YoY Change -5.26% -6.12% -4.55%
TOTAL ASSETS
Total Short-Term Assets $500.4M $474.9M $520.9M
Total Long-Term Assets $1.304B $1.326B $1.376B
Total Assets $1.804B $1.800B $1.897B
YoY Change -4.9% -4.12% -1.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $151.9M $143.4M $146.8M
YoY Change 3.47% -4.14% -25.97%
Accrued Expenses $68.20M $58.00M $51.40M
YoY Change 32.68% -4.45% -41.66%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.700M $1.700M $58.10M
YoY Change -97.07% -90.5% -72.8%
Total Short-Term Liabilities $235.3M $244.8M $290.4M
YoY Change -18.97% -12.7% -43.64%
LONG-TERM LIABILITIES
Long-Term Debt $716.3M $716.4M $883.9M
YoY Change -18.96% -19.01% 31.63%
Other Long-Term Liabilities $130.6M $25.20M $16.20M
YoY Change 706.17% 45.66% -52.15%
Total Long-Term Liabilities $716.3M $741.6M $900.1M
YoY Change -20.42% -17.76% 27.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $235.3M $244.8M $290.4M
Total Long-Term Liabilities $716.3M $741.6M $900.1M
Total Liabilities $1.268B $1.279B $1.452B
YoY Change -12.69% -11.51% -2.94%
SHAREHOLDERS EQUITY
Retained Earnings $570.9M $558.8M $492.1M
YoY Change 16.01% 16.01% 0.19%
Common Stock $0.00 $0.00 $0.00
YoY Change -100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $536.1M $521.1M $444.8M
YoY Change
Total Liabilities & Shareholders Equity $1.804B $1.800B $1.897B
YoY Change -4.9% -4.12% -1.63%

Cashflow Statement

Concept 2021 Q1 2020 Q4 2020 Q1
OPERATING ACTIVITIES
Net Income $12.10M $22.60M $10.30M
YoY Change 17.48% 1030.0% 171.05%
Depreciation, Depletion And Amortization $26.80M $27.50M $28.00M
YoY Change -4.29% -6.14% 8.53%
Cash From Operating Activities $33.80M $70.90M $11.70M
YoY Change 188.89% -1.25% -139.8%
INVESTING ACTIVITIES
Capital Expenditures $11.10M -$12.10M $10.50M
YoY Change 5.71% -15.38% -85.34%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$11.10M -$12.10M -$10.50M
YoY Change 5.71% -15.38% -85.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $400.0K $1.100M
YoY Change -63.64%
Cash From Financing Activities -$1.400M -70.40M $38.10M
YoY Change -103.67% 55.07% -57.99%
NET CHANGE
Cash From Operating Activities $33.80M 70.90M $11.70M
Cash From Investing Activities -$11.10M -12.10M -$10.50M
Cash From Financing Activities -$1.400M -70.40M $38.10M
Net Change In Cash $21.30M -11.60M $39.30M
YoY Change -45.8% -195.87% -481.55%
FREE CASH FLOW
Cash From Operating Activities $33.80M $70.90M $11.70M
Capital Expenditures $11.10M -$12.10M $10.50M
Free Cash Flow $22.70M $83.00M $1.200M
YoY Change 1791.67% -3.6% -101.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q1 dei Amendment Flag
AmendmentFlag
false
CY2021Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001441236
CY2021Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2021Q1 dei Document Type
DocumentType
10-Q
CY2021Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2020Q1 us-gaap Costs And Expenses
CostsAndExpenses
459100000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
27100000 USD
CY2021Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2021Q1 dei Document Period End Date
DocumentPeriodEndDate
2021-03-31
CY2021Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q1 dei Entity File Number
EntityFileNumber
001-34146
CY2021Q1 dei Entity Registrant Name
EntityRegistrantName
CLEARWATER PAPER CORPORATION
CY2021Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2021Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-3594554
CY2021Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
601 West Riverside,
CY2021Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1100
CY2021Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1100
CY2021Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
99201
CY2021Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Spokane,
CY2021Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
WA
CY2021Q1 dei City Area Code
CityAreaCode
509
CY2021Q1 dei Local Phone Number
LocalPhoneNumber
344-5900
CY2021Q1 dei Security12b Title
Security12bTitle
Common Stock, par value $0.0001 per share
CY2021Q1 dei Trading Symbol
TradingSymbol
CLW
CY2021Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1600000 USD
CY2021Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
134900000 USD
CY2021Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2021Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2021Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q1 dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
16684582 shares
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57100000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
35900000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1600000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
160600000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
293100000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
263300000 USD
CY2021Q1 us-gaap Other Assets Current
OtherAssetsCurrent
15300000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
15200000 USD
CY2021Q1 us-gaap Assets Current
AssetsCurrent
500400000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
474900000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1173200000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1191500000 USD
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
60900000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
63500000 USD
CY2021Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
48000000.0 USD
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
48800000 USD
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
21300000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
21700000 USD
CY2021Q1 us-gaap Assets
Assets
1803900000 USD
CY2020Q4 us-gaap Assets
Assets
1800400000 USD
CY2021Q1 us-gaap Debt Current
DebtCurrent
1700000 USD
CY2020Q4 us-gaap Debt Current
DebtCurrent
1700000 USD
CY2021Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
233500000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
243100000 USD
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
235300000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
244800000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
716300000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
716400000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
51000000.0 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
54300000 USD
CY2021Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
79600000 USD
CY2020Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
80500000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
185600000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
183300000 USD
CY2021Q1 us-gaap Liabilities
Liabilities
1267800000 USD
CY2020Q4 us-gaap Liabilities
Liabilities
1279300000 USD
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2021Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16678422 shares
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16573246 shares
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2021Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
17600000 USD
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
16600000 USD
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
570900000 USD
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
558800000 USD
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-52400000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-54300000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
536100000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
521100000 USD
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1803900000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1800400000 USD
CY2021Q1 us-gaap Revenues
Revenues
425900000 USD
CY2020Q1 us-gaap Revenues
Revenues
477900000 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
370600000 USD
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
423000000.0 USD
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
27800000 USD
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
27500000 USD
CY2021Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-400000 USD
CY2020Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-8600000 USD
CY2021Q1 us-gaap Costs And Expenses
CostsAndExpenses
398800000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
18800000 USD
CY2021Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-9300000 USD
CY2020Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-12800000 USD
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2500000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1900000 USD
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11800000 USD
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14700000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
15300000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4100000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3200000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6200000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
12100000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
10300000 USD
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.73
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16647000 shares
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12100000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16555000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16979000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16615000 shares
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
12100000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
10300000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
700000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
600000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-1900000 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
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1900000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1800000 USD
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14000000.0 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
12100000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
10300000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26800000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28000000.0 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2400000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1500000 USD
CY2021Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-400000 USD
CY2020Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1800000 USD
CY2021Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
1700000 USD
CY2020Q1 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
800000 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1400000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-25700000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
37300000 USD
CY2021Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
29700000 USD
CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-40900000 USD
CY2021Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
200000 USD
CY2020Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
9000000.0 USD
CY2020Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
48500000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-6200000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-24000000.0 USD
CY2021Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1700000 USD
CY2020Q1 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
100000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
33800000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11700000 USD
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11100000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10500000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11100000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10500000 USD
CY2021Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
0 USD
CY2020Q1 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
88500000 USD
CY2021Q1 us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
0 USD
CY2021Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
400000 USD
CY2020Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1100000 USD
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
500000 USD
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1600000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
700000 USD
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-200000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1400000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
38100000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
21200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
39300000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36900000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22400000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61800000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
16100000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
19200000 USD
CY2021Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-8400000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57100000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
60800000 USD
CY2021Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1100000 USD
CY2020Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
1000000.0 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58200000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61800000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
432000000.0 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
10300000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1300000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
700000 USD
CY2020Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
600000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1800000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
444800000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
521100000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
12100000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2000000.0 USD
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1600000 USD
CY2021Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
13000 shares
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
500000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
500000 USD
CY2021Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
700000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1900000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
536100000 USD
CY2020Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
17200000 USD
CY2021Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
121500000 USD
CY2020Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
139000000.0 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1600000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1600000 USD
CY2021Q1 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
8100000 USD
CY2020Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
5100000 USD
CY2021Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
4800000 USD
CY2020Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
16000000.0 USD
CY2021Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
2100000 USD
CY2020Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
2100000 USD
CY2021Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
134900000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
160600000 USD
CY2021Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
14900000 USD
CY2021Q1 clw Inventory Pulp
InventoryPulp
20100000 USD
CY2020Q4 clw Inventory Pulp
InventoryPulp
11500000 USD
CY2021Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
159700000 USD
CY2020Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
137000000.0 USD
CY2021Q1 us-gaap Other Inventory Supplies
OtherInventorySupplies
98300000 USD
CY2020Q4 us-gaap Other Inventory Supplies
OtherInventorySupplies
97700000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
293100000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
263300000 USD
CY2021Q1 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
151900000 USD
CY2020Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
143400000 USD
CY2021Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
30300000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
41700000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
15600000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
15300000 USD
CY2021Q1 us-gaap Interest Payable Current
InterestPayableCurrent
5400000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
12600000 USD
CY2021Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
13400000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
10500000 USD
CY2021Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16900000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
19600000 USD
CY2021Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
233500000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
243100000 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8500000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12100000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3200000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6200000 USD
CY2020Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-8600000 USD
CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1400000 USD
CY2021Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020Q1 clw Cares Act Tax Benefit
CARESActTaxBenefit
7300000 USD
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1400000 USD
CY2021Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-400000 USD
CY2020Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-8600000 USD
CY2021Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-400000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
9200000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
12200000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
500000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
600000 USD
CY2021Q1 us-gaap Interest Income Other
InterestIncomeOther
300000 USD
CY2020Q1 us-gaap Interest Income Other
InterestIncomeOther
0 USD
CY2021Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-9300000 USD
CY2020Q1 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-12800000 USD
CY2021Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
2500000 USD
CY2020Q1 us-gaap Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component
NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent
1900000 USD
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11800000 USD
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14700000 USD
CY2020Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
400000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1100000 shares
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2400000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2400000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1500000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1500000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1500000 USD
CY2021Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
600000 USD
CY2021Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1100000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
700000 USD
CY2020Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-8600000 USD
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16647000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16555000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16979000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16615000 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
900000 shares
CY2021Q1 us-gaap Revenues
Revenues
425900000 USD
CY2020Q1 us-gaap Revenues
Revenues
477900000 USD
CY2021Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-400000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
27100000 USD
CY2021Q1 us-gaap Revenues
Revenues
425900000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
18800000 USD
CY2020Q1 us-gaap Revenues
Revenues
477900000 USD

Files In Submission

Name View Source Status
0001504337-21-000015-index-headers.html Edgar Link pending
0001504337-21-000015-index.html Edgar Link pending
0001504337-21-000015.txt Edgar Link pending
0001504337-21-000015-xbrl.zip Edgar Link pending
clw-20210331.htm Edgar Link pending
clw-20210331.xsd Edgar Link pending
clw-20210331_cal.xml Edgar Link unprocessable
clw-20210331_def.xml Edgar Link unprocessable
clw-20210331_g1.jpg Edgar Link pending
clw-20210331_htm.xml Edgar Link completed
clw-20210331_lab.xml Edgar Link unprocessable
clw-20210331_pre.xml Edgar Link unprocessable
ex31q1-21.htm Edgar Link pending
ex32q1-21.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json 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
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