2023 Q1 Form 10-K Financial Statement

#000004171923000005 Filed on February 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $378.2M $373.9M $1.491B
YoY Change -0.91% 37.49%
Cost Of Revenue $342.0M $331.5M $1.343B
YoY Change -2.29% 9.47% 42.84%
Gross Profit $36.21M $42.36M $148.8M
YoY Change 14.37% 34.09% 2.77%
Gross Profit Margin 9.58% 11.33% 9.98%
Selling, General & Admin $30.75M $34.55M $125.0M
YoY Change -7.3% -20.35% 3.09%
% of Gross Profit 84.9% 81.56% 84.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.73M $16.24M $66.72M
YoY Change -14.89% -5.82% 8.63%
% of Gross Profit 43.44% 38.35% 44.84%
Operating Expenses $30.75M $34.54M $125.0M
YoY Change -7.3% -20.35% 3.09%
Operating Profit $6.113M $7.811M -$164.0M
YoY Change -507.26% -166.28% -672.97%
Interest Expense $12.59M -$9.273M $33.21M
YoY Change -260.54% 33.08% 168.82%
% of Operating Profit 206.02% -118.72%
Other Income/Expense, Net -$15.60M -$3.627M -$40.44M
YoY Change 1064.25% 412.29% 170.74%
Pretax Income -$9.500M -$35.82M -$204.4M
YoY Change -92.4% 88.22% -1594.42%
Income Tax $3.700M -$1.833M -$10.28M
% Of Pretax Income
Net Earnings -$13.58M -$34.33M -$194.2M
YoY Change -87.46% 230.32% -2899.6%
Net Earnings / Revenue -3.59% -9.18% -13.02%
Basic Earnings Per Share -$0.30 -$4.33
Diluted Earnings Per Share -$0.30 -$0.76 -$4.33
COMMON SHARES
Basic Shares Outstanding 44.83M shares 44.80M shares 44.83M shares
Diluted Shares Outstanding 44.96M shares 44.83M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $88.64M $110.7M $110.7M
YoY Change 10.18% -20.06% -20.06%
Cash & Equivalents $88.64M $110.7M $110.7M
Short-Term Investments
Other Short-Term Assets $72.26M $63.72M $63.72M
YoY Change 31.21% 31.66% 31.66%
Inventory $321.4M $309.4M $309.4M
Prepaid Expenses
Receivables $196.9M $195.7M $195.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $679.2M $679.5M $679.5M
YoY Change 4.68% 6.74% 6.74%
LONG-TERM ASSETS
Property, Plant & Equipment $676.4M $675.8M $701.2M
YoY Change -8.82% -10.94% -10.78%
Goodwill $106.6M $105.2M
YoY Change -55.46%
Intangibles $107.3M $108.7M
YoY Change -30.48%
Long-Term Investments
YoY Change
Other Assets $82.02M $78.19M $52.77M
YoY Change 26.94% -15.7% -19.52%
Total Long-Term Assets $972.2M $967.9M $967.9M
YoY Change -11.63% -22.2% -22.2%
TOTAL ASSETS
Total Short-Term Assets $679.2M $679.5M $679.5M
Total Long-Term Assets $972.2M $967.9M $967.9M
Total Assets $1.651B $1.647B $1.647B
YoY Change -5.58% -12.4% -12.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $196.4M $217.6M $217.6M
YoY Change -6.69% 1.69% 1.69%
Accrued Expenses $82.55M
YoY Change -5.87%
Deferred Revenue
YoY Change
Short-Term Debt $8.206M $11.42M $11.42M
YoY Change -67.75% -50.0% -50.0%
Long-Term Debt Due $3.955M $40.44M $40.44M
YoY Change -84.5% 52.95% 52.95%
Total Short-Term Liabilities $307.9M $360.4M $360.4M
YoY Change -16.38% -2.9% -2.9%
LONG-TERM LIABILITIES
Long-Term Debt $852.1M $793.3M $793.3M
YoY Change 12.37% 7.48% 7.48%
Other Long-Term Liabilities $123.9M $121.3M $121.3M
YoY Change -12.06% -14.16% -14.16%
Total Long-Term Liabilities $976.0M $914.6M $914.6M
YoY Change 8.54% 4.0% 4.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $307.9M $360.4M $360.4M
Total Long-Term Liabilities $976.0M $914.6M $914.6M
Total Liabilities $1.339B $1.329B $1.329B
YoY Change 0.49% -0.64% -0.64%
SHAREHOLDERS EQUITY
Retained Earnings $485.3M $498.9M
YoY Change -29.3%
Common Stock $59.80M $61.21M
YoY Change -6.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $312.6M $318.0M $318.0M
YoY Change
Total Liabilities & Shareholders Equity $1.651B $1.647B $1.647B
YoY Change -5.58% -12.4% -12.4%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$13.58M -$34.33M -$194.2M
YoY Change -87.46% 230.32% -2899.6%
Depreciation, Depletion And Amortization $15.73M $16.24M $66.72M
YoY Change -14.89% -5.82% 8.63%
Cash From Operating Activities -$30.63M $23.18M -$40.82M
YoY Change -53.83% -27.5% -157.51%
INVESTING ACTIVITIES
Capital Expenditures $9.500M $7.656M $37.74M
YoY Change -176.93% -166.47% 25.65%
Acquisitions $0.00 -$1.413M
YoY Change -100.0% -100.3%
Other Investing Activities $0.00 $60.00K -$30.00K
YoY Change -100.0% -100.02% -106.82%
Cash From Investing Activities -$8.787M -$7.596M -$33.10M
YoY Change 12.64% -97.5% -93.24%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $225.5M $35.29M
YoY Change 3259.15% 35.26%
Cash From Financing Activities $15.18M -5.165M $46.92M
YoY Change -6.77% -101.66% -89.85%
NET CHANGE
Cash From Operating Activities -$30.63M 23.18M -$40.82M
Cash From Investing Activities -$8.787M -7.596M -$33.10M
Cash From Financing Activities $15.18M -5.165M $46.92M
Net Change In Cash -$22.97M 10.41M -$29.34M
YoY Change -60.3% -73.49% -176.92%
FREE CASH FLOW
Cash From Operating Activities -$30.63M $23.18M -$40.82M
Capital Expenditures $9.500M $7.656M $37.74M
Free Cash Flow -$40.13M $15.52M -$78.56M
YoY Change -25.68% -64.31% -291.89%

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CY2022 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Accounting Estimates </span><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 United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingencies as of the balance sheet date and the reported amounts of net sales and expenses during the reporting period. Management believes the estimates and assumptions used in the preparation of these consolidated financial statements are reasonable, based upon currently available facts and known circumstances, but recognizes that actual results may differ from those estimates and assumptions.</span>
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 operating_segment
CY2022 glt Employee Retention Credit Percentage
EmployeeRetentionCreditPercentage
0.70
CY2022 glt Employee Retention Credit
EmployeeRetentionCredit
8600000 usd
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
190556000 usd
CY2022 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
0 usd
CY2022Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
42500000 usd
CY2020Q2 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
900000 usd
CY2022 glt Impairment Long Lived Asset Held For Use Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
ImpairmentLongLivedAssetHeldForUseStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
Plant, property and equipment
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
37936000 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2022 glt Impairment Of Intangible Asset Finite Lived Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
ImpairmentOfIntangibleAssetFiniteLivedStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
Technological know-how
CY2022 glt Impairment Of Intangible Asset Indefinite Lived Excluding Goodwill Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
ImpairmentOfIntangibleAssetIndefiniteLivedExcludingGoodwillStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
Tradename
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
900000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
300000 usd
CY2022 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3199000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2804000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5567000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
5069000 usd
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1413000 usd
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1332000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1491326000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1084694000 usd
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
916498000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-194208000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
6937000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
21298000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44828000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44551000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44339000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
373000 shares
CY2020 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
275000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44828000 shares
CY2020 glt Defined Contribution Plan Employer Discretionary Matching Contribution Percent Of Match
DefinedContributionPlanEmployerDiscretionaryMatchingContributionPercentOfMatch
0.11
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44924000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44614000 shares
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-4.33
CY2021 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.15
CY2020 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.47
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2021 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2020 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
770000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1079000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1082000 shares
CY2022 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-10789000 usd
CY2022 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
6802000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-17591000 usd
CY2021 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-21941000 usd
CY2021 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-290000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-21651000 usd
CY2020 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
23901000 usd
CY2020 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
4658000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
19243000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-801000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-570000 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-4989000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
239000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
584000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
166000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
14309000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
20561000 usd
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
18470000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
13747000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
20575000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
13647000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-33000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1159000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
540000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
477000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
234000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1183000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-24466000 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-12694000 usd
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1428000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-24022000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-13619000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2071000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-10275000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6956000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11576000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-63421000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-44682000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-35696000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-140971000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
58359000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
68055000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-204392000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13677000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
32359000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.006
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.027
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.006
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.054
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.033
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.034
CY2022 glt Effective Income Tax Rate Reconciliation Tax Credits And Adjustments
EffectiveIncomeTaxRateReconciliationTaxCreditsAndAdjustments
-0.001
CY2021 glt Effective Income Tax Rate Reconciliation Tax Credits And Adjustments
EffectiveIncomeTaxRateReconciliationTaxCreditsAndAdjustments
0.001
CY2020 glt Effective Income Tax Rate Reconciliation Tax Credits And Adjustments
EffectiveIncomeTaxRateReconciliationTaxCreditsAndAdjustments
0.102
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.014
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.236
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.124
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
-0.001
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.153
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.007
CY2022 glt Effective Income Tax Rate Reconciliation Change In Reinvestment Assertion Percent
EffectiveIncomeTaxRateReconciliationChangeInReinvestmentAssertionPercent
0
CY2021 glt Effective Income Tax Rate Reconciliation Change In Reinvestment Assertion Percent
EffectiveIncomeTaxRateReconciliationChangeInReinvestmentAssertionPercent
0.264
CY2020 glt Effective Income Tax Rate Reconciliation Change In Reinvestment Assertion Percent
EffectiveIncomeTaxRateReconciliationChangeInReinvestmentAssertionPercent
0
CY2022 glt Effective Income Tax Rate Reconciliation Change In Enacted Tax Law Percent
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxLawPercent
-0.002
CY2021 glt Effective Income Tax Rate Reconciliation Change In Enacted Tax Law Percent
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxLawPercent
0.028
CY2020 glt Effective Income Tax Rate Reconciliation Change In Enacted Tax Law Percent
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxLawPercent
-0.215
CY2022 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
-0.006
CY2021 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0.187
CY2020 us-gaap Effective Income Tax Rate Reconciliation Equity In Earnings Losses Of Unconsolidated Subsidiary
EffectiveIncomeTaxRateReconciliationEquityInEarningsLossesOfUnconsolidatedSubsidiary
0.071
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.007
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.039
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.014
CY2022 glt Effective Income Tax Rate Reconciliation Nondeductible Officers Compensation
EffectiveIncomeTaxRateReconciliationNondeductibleOfficersCompensation
-0.003
CY2021 glt Effective Income Tax Rate Reconciliation Nondeductible Officers Compensation
EffectiveIncomeTaxRateReconciliationNondeductibleOfficersCompensation
0.039
CY2020 glt Effective Income Tax Rate Reconciliation Nondeductible Officers Compensation
EffectiveIncomeTaxRateReconciliationNondeductibleOfficersCompensation
0.010
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.152
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.031
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.117
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
-0.015
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseImpairmentLosses
0
CY2022 glt Effective Income Tax Rate Reconciliation Recognition Of Non Us Intangible Tax Basis Percent
EffectiveIncomeTaxRateReconciliationRecognitionOfNonUSIntangibleTaxBasisPercent
0
CY2021 glt Effective Income Tax Rate Reconciliation Recognition Of Non Us Intangible Tax Basis Percent
EffectiveIncomeTaxRateReconciliationRecognitionOfNonUSIntangibleTaxBasisPercent
0.781
CY2020 glt Effective Income Tax Rate Reconciliation Recognition Of Non Us Intangible Tax Basis Percent
EffectiveIncomeTaxRateReconciliationRecognitionOfNonUSIntangibleTaxBasisPercent
0
CY2022 glt Effective Income Tax Rate Reconciliation Capitalized Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationCapitalizedTransactionCostsPercent
0
CY2021 glt Effective Income Tax Rate Reconciliation Capitalized Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationCapitalizedTransactionCostsPercent
0.089
CY2020 glt Effective Income Tax Rate Reconciliation Capitalized Transaction Costs Percent
EffectiveIncomeTaxRateReconciliationCapitalizedTransactionCostsPercent
0
CY2022 glt Effective Income Tax Rate Reconciliation Pension Termination Settlement And Related
EffectiveIncomeTaxRateReconciliationPensionTerminationSettlementAndRelated
0
CY2021 glt Effective Income Tax Rate Reconciliation Pension Termination Settlement And Related
EffectiveIncomeTaxRateReconciliationPensionTerminationSettlementAndRelated
0
CY2020 glt Effective Income Tax Rate Reconciliation Pension Termination Settlement And Related
EffectiveIncomeTaxRateReconciliationPensionTerminationSettlementAndRelated
0.054
CY2022 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.093
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.071
CY2020 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.045
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.007
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.012
CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.017
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.051
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.509
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.358
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
119000000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
1489000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
1060000 usd
CY2022Q4 glt Deferred Tax Assets Tax Deferred Expense Environmental
DeferredTaxAssetsTaxDeferredExpenseEnvironmental
3562000 usd
CY2021Q4 glt Deferred Tax Assets Tax Deferred Expense Environmental
DeferredTaxAssetsTaxDeferredExpenseEnvironmental
3970000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2687000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1920000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
2323000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
4479000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
795000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
1210000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
5986000 usd
CY2021Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
4239000 usd
CY2022Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
1984000 usd
CY2021Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
0 usd
CY2022Q4 glt Deferred Tax Assets Tax Carryforwards
DeferredTaxAssetsTaxCarryforwards
61828000 usd
CY2021Q4 glt Deferred Tax Assets Tax Carryforwards
DeferredTaxAssetsTaxCarryforwards
45729000 usd
CY2022Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
9854000 usd
CY2021Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
2444000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1689000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
92197000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
65051000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
52960000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
24526000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
39237000 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
40525000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
79164000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
93164000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1549000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
14063000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
0 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
37000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3591000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
5201000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
84304000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
112465000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
45067000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
71940000 usd
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CY2022Q4 us-gaap Shares Outstanding
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CY2021Q4 us-gaap Shares Outstanding
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CY2020Q4 us-gaap Shares Outstanding
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2022Q4 us-gaap Other Commitment
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35800000 usd
CY2022 glt Number Of Operable Units
NumberOfOperableUnits
5 operable_unit
CY2022 glt Environment Remediation Agreement Term
EnvironmentRemediationAgreementTerm
P30Y
CY2022 glt Environment Remediation Agreement Term
EnvironmentRemediationAgreementTerm
P30Y
CY2022Q4 glt Amount Available In Escrow Account
AmountAvailableInEscrowAccount
8800000 usd
CY2022 glt Difference Recorded In Escrow Account
DifferenceRecordedInEscrowAccount
1200000 usd
CY2022 glt Environment Remediation Agreement Term
EnvironmentRemediationAgreementTerm
P30Y
CY2021Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
16200000 usd
CY2020Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
18455000 usd
CY2022 us-gaap Accrual For Environmental Loss Contingencies Payments1
AccrualForEnvironmentalLossContingenciesPayments1
1848000 usd
CY2021 us-gaap Accrual For Environmental Loss Contingencies Payments1
AccrualForEnvironmentalLossContingenciesPayments1
2458000 usd
CY2022 glt Accrual For Environmental Loss Contingencies Accretion Of Discount
AccrualForEnvironmentalLossContingenciesAccretionOfDiscount
195000 usd
CY2021 glt Accrual For Environmental Loss Contingencies Accretion Of Discount
AccrualForEnvironmentalLossContingenciesAccretionOfDiscount
203000 usd
CY2022Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
14547000 usd
CY2021Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
16200000 usd
CY2022Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
2200000 usd
CY2022 glt Environmental Loss Contingency Noncurrent Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
EnvironmentalLossContingencyNoncurrentStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
Environmental liabilities
CY2022Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
12300000 usd
CY2020 glt Environmental Loss Contingency Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
EnvironmentalLossContingencyStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
Other long-term liabilities
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1491326000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1084694000 usd
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
916498000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-163951000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
28614000 usd
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
49156000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
66724000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
61421000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56600000 usd
CY2022 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
37740000 usd
CY2021 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
30037000 usd
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
28136000 usd
CY2022 glt Amount Of Tons Sold
AmountOfTonsSold
340661
CY2021 glt Amount Of Tons Sold
AmountOfTonsSold
292844
CY2020 glt Amount Of Tons Sold
AmountOfTonsSold
271419
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
675811000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
758812000 usd
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
543267000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1491326000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
675811000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1084694000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
758812000 usd
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
916498000 usd
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
543267000 usd

Files In Submission

Name View Source Status
glt-20221231_pre.xml Edgar Link unprocessable
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