2021 Q4 Form 10-K Financial Statement

#000150433722000008 Filed on February 15, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $489.8M $1.773B $452.8M
YoY Change 8.17% -5.14% 3.97%
Cost Of Revenue $429.1M $1.590B $376.1M
YoY Change 14.09% 0.99% -2.11%
Gross Profit $60.70M $182.6M $76.70M
YoY Change -20.86% -37.93% 49.51%
Gross Profit Margin 12.39% 10.3% 16.94%
Selling, General & Admin $30.40M $112.9M $32.60M
YoY Change -6.75% -7.46% 21.19%
% of Gross Profit 50.08% 61.83% 42.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.40M $105.0M $27.50M
YoY Change -7.64% -5.41% -6.14%
% of Gross Profit 41.85% 57.5% 35.85%
Operating Expenses -$18.00M $112.9M $34.80M
YoY Change -151.72% -7.46% 4.82%
Operating Profit $78.70M $12.00M $41.90M
YoY Change 87.83% -92.41% 131.49%
Interest Expense -$8.900M $35.50M -$9.500M
YoY Change -6.32% -20.05% -23.39%
% of Operating Profit -11.31% 295.83% -22.67%
Other Income/Expense, Net -$2.500M -$47.70M -$1.700M
YoY Change 47.06% -20.37% 21.43%
Pretax Income $15.70M -$35.70M $29.60M
YoY Change -46.96% -136.35% 588.37%
Income Tax $6.100M -$7.700M $14.00M
% Of Pretax Income 38.85% 47.3%
Net Earnings $9.600M -$28.10M $22.60M
YoY Change -57.52% -136.45% 1030.0%
Net Earnings / Revenue 1.96% -1.59% 4.99%
Basic Earnings Per Share -$1.67
Diluted Earnings Per Share $564.7K -$1.67 $1.345M
COMMON SHARES
Basic Shares Outstanding 16.69M shares 16.77M shares 16.57M shares
Diluted Shares Outstanding 16.77M shares

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.20M $25.20M $35.90M
YoY Change -29.81% -29.81% 79.5%
Cash & Equivalents $25.20M $35.90M
Short-Term Investments
Other Short-Term Assets $16.90M $16.90M $15.20M
YoY Change 11.18% 11.92% 322.22%
Inventory $277.7M $277.7M $263.3M
Prepaid Expenses
Receivables $161.3M $161.3M $144.6M
Other Receivables $1.400M $6.100M $2.100M
Total Short-Term Assets $487.2M $487.2M $474.9M
YoY Change 2.59% 2.59% 1.95%
LONG-TERM ASSETS
Property, Plant & Equipment $1.082B $1.082B $1.192B
YoY Change -9.21% -13.8% -5.26%
Goodwill $35.10M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $121.1M $110.3M $134.0M
YoY Change -9.63% 408.29% 360.48%
Total Long-Term Assets $1.203B $1.203B $1.326B
YoY Change -9.25% -9.25% -6.12%
TOTAL ASSETS
Total Short-Term Assets $487.2M $487.2M $474.9M
Total Long-Term Assets $1.203B $1.203B $1.326B
Total Assets $1.690B $1.690B $1.800B
YoY Change -6.13% -6.13% -4.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $168.3M $168.3M $143.4M
YoY Change 17.36% 17.36% -4.14%
Accrued Expenses $67.50M $67.50M $58.00M
YoY Change 16.38% -18.67% -4.45%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.600M $1.600M $1.700M
YoY Change -5.88% -5.88% -90.5%
Total Short-Term Liabilities $254.1M $254.1M $244.8M
YoY Change 3.8% 3.8% -12.7%
LONG-TERM LIABILITIES
Long-Term Debt $637.6M $637.6M $716.4M
YoY Change -11.0% -11.0% -19.01%
Other Long-Term Liabilities $73.60M $116.3M $25.20M
YoY Change 192.06% -27.31% 45.66%
Total Long-Term Liabilities $637.6M $753.9M $741.6M
YoY Change -14.02% -13.98% -17.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $254.1M $254.1M $244.8M
Total Long-Term Liabilities $637.6M $753.9M $741.6M
Total Liabilities $1.178B $1.178B $1.279B
YoY Change -7.89% -7.89% -11.51%
SHAREHOLDERS EQUITY
Retained Earnings $530.7M $558.8M
YoY Change -5.03% 16.01%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $511.7M $511.7M $521.1M
YoY Change
Total Liabilities & Shareholders Equity $1.690B $1.690B $1.800B
YoY Change -6.13% -6.13% -4.12%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $9.600M -$28.10M $22.60M
YoY Change -57.52% -136.45% 1030.0%
Depreciation, Depletion And Amortization $25.40M $105.0M $27.50M
YoY Change -7.64% -5.41% -6.14%
Cash From Operating Activities $32.10M $96.40M $70.90M
YoY Change -54.72% -60.97% -1.25%
INVESTING ACTIVITIES
Capital Expenditures -$8.500M $38.40M -$12.10M
YoY Change -29.75% -3.03% -15.38%
Acquisitions
YoY Change
Other Investing Activities $13.30M $13.30M $0.00
YoY Change
Cash From Investing Activities $4.800M -$25.10M -$12.10M
YoY Change -139.67% -36.62% -15.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -39.50M -$82.00M -70.40M
YoY Change -43.89% -57.49% 55.07%
NET CHANGE
Cash From Operating Activities 32.10M $96.40M 70.90M
Cash From Investing Activities 4.800M -$25.10M -12.10M
Cash From Financing Activities -39.50M -$82.00M -70.40M
Net Change In Cash -2.600M -$10.70M -11.60M
YoY Change -77.59% -173.79% -195.87%
FREE CASH FLOW
Cash From Operating Activities $32.10M $96.40M $70.90M
Capital Expenditures -$8.500M $38.40M -$12.10M
Free Cash Flow $40.60M $58.00M $83.00M
YoY Change -51.08% -72.03% -3.6%

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CY2020 us-gaap Pension And Other Postretirement Benefit Expense
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3800000 USD
CY2019 us-gaap Pension And Other Postretirement Benefit Expense
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1400000 USD
CY2021 clw Amortization Of Deferred Debt Costs And Debt Retirement
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2800000 USD
CY2020 clw Amortization Of Deferred Debt Costs And Debt Retirement
AmortizationOfDeferredDebtCostsAndDebtRetirement
8000000.0 USD
CY2019 clw Amortization Of Deferred Debt Costs And Debt Retirement
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4700000 USD
CY2021 us-gaap Gain Loss On Disposition Of Assets
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CY2020 us-gaap Gain Loss On Disposition Of Assets
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1400000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets
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0 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable
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5300000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2019 us-gaap Increase Decrease In Accounts Receivable
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18000000.0 USD
CY2021 us-gaap Increase Decrease In Inventories
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20200000 USD
CY2020 us-gaap Increase Decrease In Inventories
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CY2019 us-gaap Increase Decrease In Inventories
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21200000 USD
CY2021 us-gaap Increase Decrease In Other Current Assets
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1700000 USD
CY2020 us-gaap Increase Decrease In Other Current Assets
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11200000 USD
CY2019 us-gaap Increase Decrease In Other Current Assets
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800000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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1900000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Other Operating Activities Cash Flow Statement
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CY2020 us-gaap Other Operating Activities Cash Flow Statement
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3400000 USD
CY2019 us-gaap Other Operating Activities Cash Flow Statement
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4100000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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247000000.0 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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55600000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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39600000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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140100000 USD
CY2021 us-gaap Proceeds From Sale Of Productive Assets
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CY2020 us-gaap Proceeds From Sale Of Productive Assets
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0 USD
CY2019 us-gaap Proceeds From Sale Of Productive Assets
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Short Term Debt
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CY2020 us-gaap Proceeds From Short Term Debt
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108500000 USD
CY2019 us-gaap Proceeds From Short Term Debt
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549300000 USD
CY2021 us-gaap Repayments Of Short Term Debt
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0 USD
CY2020 us-gaap Repayments Of Short Term Debt
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122000000.0 USD
CY2019 us-gaap Repayments Of Short Term Debt
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657700000 USD
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
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275000000.0 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
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296100000 USD
CY2021 us-gaap Repayments Of Debt
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81000000.0 USD
CY2020 us-gaap Repayments Of Debt
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449400000 USD
CY2019 us-gaap Repayments Of Debt
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103000000.0 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
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CY2020 us-gaap Payments Of Debt Issuance Costs
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4400000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
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2300000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
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CY2020 us-gaap Proceeds From Payments For Other Financing Activities
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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82000000.0 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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14400000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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36900000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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22400000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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24900000 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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26200000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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36900000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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22400000 USD
CY2021 us-gaap Interest Paid Net
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CY2020 us-gaap Interest Paid Net
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45000000.0 USD
CY2019 us-gaap Interest Paid Net
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38400000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
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400000 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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2800000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2021 us-gaap Income Taxes Paid Net
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CY2020 us-gaap Income Taxes Paid Net
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CY2019 us-gaap Income Taxes Paid Net
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3100000 USD
CY2018Q4 us-gaap Stockholders Equity
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426400000 USD
CY2019 us-gaap Net Income Loss
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CY2019 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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3800000 USD
CY2019Q4 us-gaap Stockholders Equity
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CY2020 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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7600000 USD
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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1800000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2020Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
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8000000.0 USD
CY2021 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2021 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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CY2021Q4 us-gaap Stockholders Equity
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<div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">USE OF ESTIMATES</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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20000000.0 USD
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CY2020Q4 us-gaap Restricted Cash Current
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CY2019Q4 us-gaap Restricted Cash Current
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CY2021Q4 us-gaap Restricted Cash Noncurrent
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1100000 USD
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1100000 USD
CY2019Q4 us-gaap Restricted Cash Noncurrent
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36900000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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22400000 USD
CY2021Q4 us-gaap Accounts Receivable Gross
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154100000 USD
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139000000.0 USD
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7200000 USD
CY2020Q4 us-gaap Unbilled Receivables Current
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5100000 USD
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CY2020Q4 us-gaap Other Receivables Net Current
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CY2021Q4 us-gaap Receivables Net Current
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CY2020Q4 us-gaap Receivables Net Current
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CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1881100000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
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CY2020Q4 us-gaap Property Plant And Equipment Net
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26700000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
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CY2020Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
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CY2021 us-gaap Interest Costs Capitalized Adjustment
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CY2020 us-gaap Interest Costs Capitalized
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CY2019 us-gaap Interest Costs Capitalized Adjustment
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CY2021Q4 clw Accrued Customer Rebates
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CY2020Q4 clw Accrued Customer Rebates
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CY2020 us-gaap Gain Loss On Sale Of Accounts Receivable
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CY2019 us-gaap Gain Loss On Sale Of Accounts Receivable
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CY2020Q4 us-gaap Asset Retirement Obligation
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CY2019Q4 us-gaap Asset Retirement Obligation
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CY2021 us-gaap Accretion Expense Including Asset Retirement Obligations
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CY2020 us-gaap Accretion Expense Including Asset Retirement Obligations
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100000 USD
CY2021 us-gaap Asset Retirement Obligation Accretion Expense
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CY2020 us-gaap Asset Retirement Obligation Accretion Expense
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CY2021 us-gaap Increase Decrease In Asset Retirement Obligations
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CY2020 us-gaap Increase Decrease In Asset Retirement Obligations
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2500000 USD
CY2021 us-gaap Asset Retirement Obligation Cash Paid To Settle
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CY2020 us-gaap Asset Retirement Obligation Cash Paid To Settle
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CY2021Q4 us-gaap Asset Retirement Obligation
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CY2020Q4 us-gaap Asset Retirement Obligation
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CY2021 us-gaap Operating Lease Cost
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CY2020 us-gaap Operating Lease Cost
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CY2019 us-gaap Operating Lease Cost
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CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2021 us-gaap Finance Lease Interest Expense
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CY2020 us-gaap Finance Lease Interest Expense
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CY2019 us-gaap Finance Lease Interest Expense
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1900000 USD
CY2021 us-gaap Variable Lease Cost
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CY2020 us-gaap Variable Lease Cost
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CY2019 us-gaap Variable Lease Cost
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CY2021 us-gaap Lease Cost
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21800000 USD
CY2020 us-gaap Lease Cost
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CY2019 us-gaap Lease Cost
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CY2021Q4 clw Lease Right Of Use Assets
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CY2020Q4 clw Lease Right Of Use Assets
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77500000 USD
CY2021Q4 us-gaap Operating Lease Liability
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CY2020Q4 us-gaap Operating Lease Liability
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CY2021Q4 us-gaap Finance Lease Liability
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CY2020Q4 us-gaap Finance Lease Liability
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20800000 USD
CY2021Q4 clw Lease Liability
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CY2020Q4 clw Lease Liability
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CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y3M18D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P5Y9M18D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P9Y
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P9Y9M18D
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CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.049 Rate
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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CY2020 us-gaap Operating Lease Payments
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CY2020 us-gaap Finance Lease Interest Payment On Liability
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CY2019 us-gaap Finance Lease Interest Payment On Liability
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4400000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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2500000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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300000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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500000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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18500000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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3200000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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8400000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
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2800000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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7800000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
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2800000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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7800000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
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2900000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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12700000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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13000000.0 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
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66900000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due
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27600000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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8100000 USD
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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8500000 USD
CY2021Q4 us-gaap Operating Lease Liability
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58800000 USD
CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
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52000000.0 USD
CY2020 us-gaap Amortization Of Intangible Assets
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3200000 USD
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
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48800000 USD
CY2021 us-gaap Amortization Of Intangible Assets
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2900000 USD
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
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45900000 USD
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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34900000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
24100000 USD
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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63800000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
50100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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2200000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2100000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2100000 USD
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FiniteLivedIntangibleAssetsNet
10800000 USD
CY2020 clw Cares Act Tax Benefit
CARESActTaxBenefit
7000000 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1300000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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700000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1800000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
100000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2000000.0 USD
CY2020 us-gaap Current Income Tax Expense Benefit
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CY2019 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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32500000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4200000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
300000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-9700000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
36700000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-300000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21100000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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20600000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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-0.005 Rate
CY2019 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-7500000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210 Rate
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 Rate
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1700000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 Rate
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
200000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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5600000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.057 Rate
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.114 Rate
CY2021 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
EffectiveIncomeTaxRateReconciliationTaxContingenciesStateAndLocal
0.012 Rate
CY2020 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
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CY2019 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
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0.155 Rate
CY2021 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
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0 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 Rate
CY2020 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
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CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 Rate
CY2021 us-gaap Income Tax Reconciliation Tax Credits Other
IncomeTaxReconciliationTaxCreditsOther
100000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
-0.002 Rate
CY2020 us-gaap Income Tax Reconciliation Tax Credits Other
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1300000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.013 Rate
CY2019 us-gaap Income Tax Reconciliation Tax Credits Other
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2300000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2021 clw Effective Income Tax Rate Reconciliation Uncertain Tax Positions Amount
EffectiveIncomeTaxRateReconciliationUncertainTaxPositionsAmount
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CY2020 clw Effective Income Tax Rate Reconciliation Uncertain Tax Positions Amount
EffectiveIncomeTaxRateReconciliationUncertainTaxPositionsAmount
2200000 USD
CY2020 clw Effective Income Tax Rate Reconciliation Uncertain Tax Positions Percent
EffectiveIncomeTaxRateReconciliationUncertainTaxPositionsPercent
0.022 Rate
CY2019 clw Effective Income Tax Rate Reconciliation Uncertain Tax Positions Amount
EffectiveIncomeTaxRateReconciliationUncertainTaxPositionsAmount
700000 USD
CY2021 clw Effective Income Tax Rate Reconciliation Uncertain Tax Positions Percent
EffectiveIncomeTaxRateReconciliationUncertainTaxPositionsPercent
0.005 Rate
CY2019 clw Effective Income Tax Rate Reconciliation Uncertain Tax Positions Percent
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.014 Rate
CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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1200000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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0.012 Rate
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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600000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
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700000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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CY2020 us-gaap Income Tax Reconciliation Nondeductible Expense
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1100000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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0.011 Rate
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense
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400000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
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CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.001 Rate
CY2020 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Income Tax Reconciliation Other Reconciling Items
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-100000 USD
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Reconciling Items Percent
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CY2021 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Effective Income Tax Rate Continuing Operations
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0.216 Rate
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21100000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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0.215 Rate
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2019 us-gaap Effective Income Tax Rate Continuing Operations
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CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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3400000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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3400000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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18500000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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19200000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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6600000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
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5200000 USD
CY2021Q4 us-gaap Deferred Tax Assets Inventory
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200000 USD
CY2020Q4 us-gaap Deferred Tax Assets Inventory
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600000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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0 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
200000 USD
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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13500000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
16200000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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4100000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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3900000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
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61500000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
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68500000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
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147600000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
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156000000.0 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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5400000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5400000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
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56100000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
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63100000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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185500000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
199700000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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13800000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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16400000 USD
CY2021Q4 clw Deferred Tax Liabilities Tax Deferred Expense Compensation And Benefits Pension And Other Postretirement Benefits
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1500000 USD
CY2020Q4 clw Deferred Tax Liabilities Tax Deferred Expense Compensation And Benefits Pension And Other Postretirement Benefits
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0 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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2300000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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3000000.0 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Other
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600000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Other
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
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203700000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
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219100000 USD
CY2021Q4 us-gaap Deferred Income Tax Assets Net
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2200000 USD
CY2020Q4 us-gaap Deferred Income Tax Assets Net
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2100000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
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149900000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
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158100000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
147600000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
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156000000.0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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4100000 USD
CY2020 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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1900000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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400000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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6400000 USD
CY2021 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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200000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits
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5900000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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5500000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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6400000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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3500000 USD
CY2021Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
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100000 USD
CY2021Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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2600000 USD
CY2021Q4 us-gaap Accounts Payable Trade Current
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168300000 USD
CY2020Q4 us-gaap Accounts Payable Trade Current
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143400000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
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29300000 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
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41700000 USD
CY2021Q4 us-gaap Interest Payable Current
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12000000.0 USD
CY2021Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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10900000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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10500000 USD
CY2021Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
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5700000 USD
CY2020Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
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6200000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
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5400000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
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8500000 USD
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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252500000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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243100000 USD
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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11000000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
12100000 USD
CY2021Q4 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
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CY2021Q4 us-gaap Line Of Credit
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CY2021Q4 us-gaap Line Of Credit
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CY2020Q4 us-gaap Line Of Credit
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0 USD
CY2020Q4 us-gaap Line Of Credit
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CY2021Q4 us-gaap Finance Lease Liability
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19100000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
19100000 USD
CY2020Q4 us-gaap Finance Lease Liability
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20800000 USD
CY2020Q4 us-gaap Finance Lease Liability
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20800000 USD
CY2021Q4 us-gaap Debt Instrument Carrying Amount
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644100000 USD
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
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4800000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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639200000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
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725000000.0 USD
CY2020Q4 us-gaap Unamortized Debt Issuance Expense
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6900000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
718100000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1600000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1600000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1700000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1700000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
642500000 USD
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
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4800000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
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637600000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
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723300000 USD
CY2020Q4 us-gaap Unamortized Debt Issuance Expense
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6900000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
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716400000 USD
CY2021 us-gaap Amortization Of Financing Costs And Discounts
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1800000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
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2100000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
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2000000 USD
CY2021Q4 us-gaap Long Term Debt Fair Value
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653300000 USD
CY2020Q4 us-gaap Long Term Debt Fair Value
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740000000.0 USD
CY2021Q4 clw Debt Instrument Repayment Terms Percentage Of Principal
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CY2021Q4 clw Potentialadditionallinesofcredit
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100000000 USD
CY2021Q4 us-gaap Ratio Of Indebtedness To Net Capital1
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2.00
CY2021Q4 clw First Lien Secured Ratio
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0.24
CY2021Q4 clw Leverage Ratio
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CY2021Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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243600000 USD
CY2021Q4 clw Fixed Charge Coverage Ratio
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0.0356
CY2020 us-gaap Other Cost And Expense Operating
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14000000 USD
CY2019 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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0 USD
CY2021 us-gaap Other Restructuring Costs
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KPMG LLP
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185
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Seattle, Washington

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