2015 Form 10-K Financial Statement

#000133874916000089 Filed on February 12, 2016

View on sec.gov

Income Statement

Concept 2015 2014 Q4 2014 Q3
Revenue $575.3M $146.2M $177.2M
YoY Change -5.21% 4.49% 12.25%
Cost Of Revenue $470.0M $107.8M $121.6M
YoY Change 9.36% 1.6% 8.07%
Gross Profit $105.3M $38.50M $55.64M
YoY Change -40.56% 13.57% 22.64%
Gross Profit Margin 18.3% 26.33% 31.4%
Selling, General & Admin $46.39M $11.90M $10.77M
YoY Change 3.89% -9.85% -19.88%
% of Gross Profit 44.06% 30.91% 19.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $38.11M $7.400M $8.324M
YoY Change 42.45% 7.25% 3.46%
% of Gross Profit 36.19% 19.22% 14.96%
Operating Expenses $46.39M $11.80M $10.77M
YoY Change 3.89% -10.61% -19.88%
Operating Profit -$29.16M $26.60M $44.87M
YoY Change -122.0% 28.86% 45.19%
Interest Expense -$32.80M -$6.400M $5.506M
YoY Change 43.23% 14.29% -0.9%
% of Operating Profit -24.06% 12.27%
Other Income/Expense, Net
YoY Change
Pretax Income $26.15M $20.20M $39.36M
YoY Change -76.14% 33.77% 55.29%
Income Tax -$5.568M $0.00 $6.209M
% Of Pretax Income -21.3% 0.0% 15.77%
Net Earnings $31.71M $20.14M $33.15M
YoY Change -64.73% 46.75% 49.4%
Net Earnings / Revenue 5.51% 13.77% 18.71%
Basic Earnings Per Share $0.78 $0.49 $0.81
Diluted Earnings Per Share $0.77 $0.49 $0.81
COMMON SHARES
Basic Shares Outstanding 40.84M 40.60M shares 40.74M shares
Diluted Shares Outstanding 40.99M 40.89M shares

Balance Sheet

Concept 2015 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.900M $31.00M $73.30M
YoY Change -74.52% -47.28% 16.72%
Cash & Equivalents $7.900M $24.02M $8.300M
Short-Term Investments $0.00 $26.40M $65.00M
Other Short-Term Assets $14.20M $13.89M $8.769M
YoY Change -29.35% 16.16% 16.7%
Inventory $35.20M $31.49M $30.73M
Prepaid Expenses $2.365M
Receivables $13.40M $9.928M $23.56M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $70.80M $92.49M $144.1M
YoY Change -23.46% -29.05% 6.86%
LONG-TERM ASSETS
Property, Plant & Equipment $891.9M $65.75M $63.79M
YoY Change -0.26% 9.63% 6.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $29.40M
YoY Change
Other Assets $54.00M $7.857M $9.063M
YoY Change 19.73% -38.32% -29.56%
Total Long-Term Assets $945.8M $939.3M $567.1M
YoY Change 0.7% 71.76% -1.23%
TOTAL ASSETS
Total Short-Term Assets $70.80M $92.49M $144.1M
Total Long-Term Assets $945.8M $939.3M $567.1M
Total Assets $1.017B $1.032B $711.2M
YoY Change -1.46% 52.35% 0.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.400M $43.10M $60.00M
YoY Change 12.28% -1.15% 1.18%
Accrued Expenses $23.70M
YoY Change -7.78%
Deferred Revenue
YoY Change
Short-Term Debt $32.80M $0.00 $0.00
YoY Change 645.45%
Long-Term Debt Due $5.000M $22.87M $0.00
YoY Change -78.17%
Total Short-Term Liabilities $80.70M $72.19M $59.98M
YoY Change 11.77% 43.48% 1.22%
LONG-TERM LIABILITIES
Long-Term Debt $598.9M $602.8M $319.7M
YoY Change -0.65% 88.32% -0.15%
Other Long-Term Liabilities $133.3M $15.75M $15.56M
YoY Change 1.21% -29.53% -28.32%
Total Long-Term Liabilities $732.2M $618.6M $335.3M
YoY Change -0.31% 80.63% -1.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $80.70M $72.19M $59.98M
Total Long-Term Liabilities $732.2M $618.6M $335.3M
Total Liabilities $812.9M $806.7M $395.3M
YoY Change 0.77% 69.33% -1.47%
SHAREHOLDERS EQUITY
Retained Earnings -$43.59M
YoY Change -42.31%
Common Stock $40.61M
YoY Change 0.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $203.7M $225.1M $245.8M
YoY Change
Total Liabilities & Shareholders Equity $1.017B $1.032B $711.2M
YoY Change -1.46% 51.61% 0.31%

Cashflow Statement

Concept 2015 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $31.71M $20.14M $33.15M
YoY Change -64.73% 46.75% 49.4%
Depreciation, Depletion And Amortization $38.11M $7.400M $8.324M
YoY Change 42.45% 7.25% 3.46%
Cash From Operating Activities $74.00M $23.70M $39.30M
YoY Change -43.68% 55.92% 16.96%
INVESTING ACTIVITIES
Capital Expenditures $18.99M -$7.200M -$4.600M
YoY Change 43.18% 5.88% -28.12%
Acquisitions
YoY Change
Other Investing Activities -$886.0K -$342.2M -$19.00M
YoY Change -29.85% -5619.35% 46.15%
Cash From Investing Activities -$33.60M -$349.5M -$23.60M
YoY Change -91.74% 87275.0% 21.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $22.50M
YoY Change
Cash From Financing Activities -56.50M 298.1M -16.70M
YoY Change -122.56% -2074.17% 15.17%
NET CHANGE
Cash From Operating Activities 74.00M 23.70M 39.30M
Cash From Investing Activities -33.60M -349.5M -23.60M
Cash From Financing Activities -56.50M 298.1M -16.70M
Net Change In Cash -16.10M -27.70M -1.000M
YoY Change -35.6% 9133.33% 150.0%
FREE CASH FLOW
Cash From Operating Activities $74.00M $23.70M $39.30M
Capital Expenditures $18.99M -$7.200M -$4.600M
Free Cash Flow $55.01M $30.90M $43.90M
YoY Change -53.43% 40.45% 9.75%

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CY2013 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-2467000 USD
CY2014 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1616000 USD
CY2015 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-5696000 USD
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59142000 USD
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
66218000 USD
CY2014Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
2720000 USD
CY2015Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
2325000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
43396000 USD
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
46600000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
59142000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
65730000 USD
CY2014Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
142000 USD
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6935000 USD
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
3200000 USD
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
224000 USD
CY2015Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
116000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
1904000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
2123000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
1839000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Current
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6168000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Current
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0 USD
CY2014Q4 us-gaap Deferred Tax Assets Net Noncurrent
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37228000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
46600000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
1769000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
31527000 USD
CY2015 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
3397000 USD
CY2015 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.077
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1800000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2000000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2100000 USD
CY2013 us-gaap Depreciation
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8200000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
35066000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
16209000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
13834000 USD
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DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
2033000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
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2041000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
2200000 USD
CY2014Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
488000 USD
CY2015Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
500000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
15746000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
19130000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
5120000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
5010000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
10626000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
14120000 USD
CY2014Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
410400000 USD
CY2015Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
375500000 USD
CY2015 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
63216000 USD
CY2015 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
3262000 USD
CY2015 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
63216000 USD
CY2014 us-gaap Depreciation
Depreciation
8100000 USD
CY2015 us-gaap Depreciation
Depreciation
8200000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26962000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26749000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
38105000 USD
CY2013 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
51868000 USD
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
57848000 USD
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
61017000 USD
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.74
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.50
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.21
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.78
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.73
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.50
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.81
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.20
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
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0.164
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.18
CY2015 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.213
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
14667000 USD
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9509000 USD
CY2013 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
3522000 USD
CY2014 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
0 USD
CY2015 us-gaap Environmental Remediation Expense
EnvironmentalRemediationExpense
0 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
71000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
280000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
319000 USD
CY2014 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
10600000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
84466000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
109597000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
26146000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
84466000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
109597000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
26146000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13885000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
19687000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5568000 USD
CY2013 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
1579000 USD
CY2014 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
1055000 USD
CY2015 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
29563000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
38359000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
9151000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-56000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-148000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-189000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
942000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2234000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-838000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
13918000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
20097000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
16812000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
14110000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
18104000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1576000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-3468000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-2388000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
267000 USD
CY2013 us-gaap Increase Decrease In Book Overdrafts
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-955000 USD
CY2014 us-gaap Increase Decrease In Book Overdrafts
IncreaseDecreaseInBookOverdrafts
1465000 USD
CY2015 us-gaap Increase Decrease In Book Overdrafts
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-1549000 USD
CY2013 us-gaap Increase Decrease In Inventories
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7347000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-4785000 USD
CY2015 us-gaap Increase Decrease In Inventories
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3672000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
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-1668000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
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1421000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
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-898000 USD
CY2009 us-gaap Increase Decrease In Postretirement Obligations
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76700000 USD
CY2013 us-gaap Increase Decrease In Receivables
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5904000 USD
CY2014 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-7016000 USD
CY2015 us-gaap Increase Decrease In Receivables
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3864000 USD
CY2013 us-gaap Interest Income Expense Net
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-23132000 USD
CY2014 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2015 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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CY2013 us-gaap Interest Paid Net
InterestPaidNet
22229000 USD
CY2014 us-gaap Interest Paid Net
InterestPaidNet
20918000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
29676000 USD
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4811000 USD
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
6797000 USD
CY2013Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
11300000 USD
CY2014Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
11000000 USD
CY2015Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
10600000 USD
CY2014Q4 us-gaap Inventory Net
InventoryNet
31490000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
35162000 USD
CY2014Q4 us-gaap Inventory Raw Materials And Supplies
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6274000 USD
CY2015Q4 us-gaap Inventory Raw Materials And Supplies
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8310000 USD
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LIFOInventoryAmount
16874000 USD
CY2015Q4 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
16686000 USD
CY2014Q4 us-gaap Land And Land Improvements
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18374000 USD
CY2015Q4 us-gaap Land And Land Improvements
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18194000 USD
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3600000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4000000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4600000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
806680000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
812876000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
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1031746000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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1016612000 USD
CY2014Q4 us-gaap Liabilities Current
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72194000 USD
CY2015Q4 us-gaap Liabilities Current
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80720000 USD
CY2015Q4 us-gaap Line Of Credit Facility Interest Rate At Period End
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0.0179
CY2015Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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218600000 USD
CY2014Q4 us-gaap Lines Of Credit Current
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0 USD
CY2015Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
30000000 USD
CY2014Q4 us-gaap Long Term Debt
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625668000 USD
CY2015Q4 us-gaap Long Term Debt
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603881000 USD
CY2014Q4 us-gaap Long Term Debt Current
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22870000 USD
CY2015Q4 us-gaap Long Term Debt Current
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5007000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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5000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
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341335000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
46000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
190000000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
14250000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
11000000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
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602798000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
598874000 USD
CY2012Q2 us-gaap Loss Contingency Accrual Carrying Value Payments
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1750000 USD
CY2015Q3 us-gaap Loss Contingency Damages Sought Value
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9800000 USD
CY2014Q4 us-gaap Machinery And Equipment Gross
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176085000 USD
CY2015Q4 us-gaap Machinery And Equipment Gross
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193968000 USD
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-89647000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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250369000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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-56517000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-12004000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-382683000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-14255000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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90252000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
131372000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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74014000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
70581000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
20350000 USD
CY2014Q2 us-gaap Net Income Loss
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16270000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
33154000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
20136000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
89910000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
5656000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
711000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
21798000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
3549000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
31714000 USD
CY2015 us-gaap Number Of Reportable Segments
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3
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
107598000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
31309000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
29725000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
44869000 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
26603000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
132506000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
14027000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
7311000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
27714000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
9855000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
58907000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
9618000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3601000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
252000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
717000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1464000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3496000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
88000 USD
CY2014Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
3283000 USD
CY2015Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
3241000 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
13894000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
14246000 USD
CY2014Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1054000 USD
CY2015Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1285000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7857000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
7375000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2015 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">GENERAL</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">We are primarily engaged in activities associated with timberland management, including the sale of timber, the management of approximately </font><font style="font-family:Arial;font-size:10pt;color:#000000;text-decoration:none;">1.6 million</font><font style="font-family:Arial;font-size:10pt;"> acres of timberlands and the purchase and sale of timberlands. We are also engaged in the manufacture and sale of wood products. Our timberlands and all of our wood products facilities are located within the continental United States. The primary market for our products is the United States. We converted to a Real Estate Investment Trust (REIT) effective January 1, 2006.</font></div></div>
CY2015 us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;font-weight:bold;">SIGNIFICANT ESTIMATES</font></div><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America, which we refer to in this report as U.S. GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and assumptions.</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:Arial;font-size:10pt;">Significant estimates are described in further detail below.&#160;Significant estimates include&#160;timber volumes, assumptions utilized for asset and disposal group impairment tests, income projections and tax planning strategies used to support realization of deferred tax assets, environmental liabilities, pension and postretirement obligation assumptions and fair value of derivative instruments.</font></div></div>

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