2013 Q4 Form 10-Q Financial Statement
#000119312513434620 Filed on November 08, 2013
Income Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
Revenue | $1.264B | $845.5M | $723.5M |
YoY Change | 71.66% | 16.87% | 7.85% |
Cost Of Revenue | $1.005B | $617.8M | $560.9M |
YoY Change | 78.92% | 10.15% | 5.22% |
Gross Profit | $259.4M | $227.6M | $162.9M |
YoY Change | 51.86% | 39.7% | 18.28% |
Gross Profit Margin | 20.52% | 26.92% | 22.52% |
Selling, General & Admin | $100.0M | $77.10M | $51.53M |
YoY Change | 79.53% | 49.62% | 5.35% |
% of Gross Profit | 38.55% | 33.87% | 31.63% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $80.50M | $42.40M | $42.90M |
YoY Change | 69.83% | -1.17% | 4.38% |
% of Gross Profit | 31.03% | 18.63% | 26.33% |
Operating Expenses | $99.70M | $77.10M | $51.53M |
YoY Change | 68.13% | 49.62% | 5.35% |
Operating Profit | $122.9M | $142.8M | $91.89M |
YoY Change | 29.51% | 55.4% | 29.1% |
Interest Expense | -$28.00M | -$11.85M | -$30.59M |
YoY Change | 5.26% | -61.26% | 356.57% |
% of Operating Profit | -22.78% | -8.3% | -33.29% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $95.00M | $130.9M | $61.48M |
YoY Change | 6.74% | 112.96% | -4.61% |
Income Tax | -$133.1M | $46.25M | $21.69M |
% Of Pretax Income | -140.11% | 35.32% | 35.28% |
Net Earnings | $228.1M | $84.70M | $39.68M |
YoY Change | 287.4% | 113.45% | -5.02% |
Net Earnings / Revenue | 18.04% | 10.02% | 5.48% |
Basic Earnings Per Share | $2.36 | $0.88 | $0.41 |
Diluted Earnings Per Share | $2.34 | $0.87 | $0.41 |
COMMON SHARES | |||
Basic Shares Outstanding | 98.08M shares | 96.76M shares | 96.36M shares |
Diluted Shares Outstanding | 97.60M shares | 97.35M shares |
Balance Sheet
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $191.0M | $396.6M | $140.9M |
YoY Change | -7.91% | 181.48% | 251.37% |
Cash & Equivalents | $191.0M | $396.6M | $140.9M |
Short-Term Investments | |||
Other Short-Term Assets | $79.60M | $53.30M | $60.90M |
YoY Change | 84.26% | -12.48% | 29.85% |
Inventory | $594.3M | $266.9M | $260.8M |
Prepaid Expenses | |||
Receivables | $643.1M | $409.7M | $379.7M |
Other Receivables | $23.00M | $9.400M | $82.60M |
Total Short-Term Assets | $1.531B | $1.136B | $924.8M |
YoY Change | 56.51% | 22.83% | 38.06% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.806B | $1.369B | $1.376B |
YoY Change | 105.38% | -0.54% | -4.04% |
Goodwill | $546.8M | $67.16M | $71.56M |
YoY Change | 713.69% | -6.14% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $69.70M | $49.23M | $47.55M |
YoY Change | 54.13% | 3.53% | -16.29% |
Total Long-Term Assets | $3.665B | $1.521B | $1.530B |
YoY Change | 141.66% | -0.6% | -2.08% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.531B | $1.136B | $924.8M |
Total Long-Term Assets | $3.665B | $1.521B | $1.530B |
Total Assets | $5.196B | $2.657B | $2.455B |
YoY Change | 108.27% | 8.23% | 9.96% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $357.5M | $163.9M | $147.3M |
YoY Change | 204.23% | 11.28% | -16.63% |
Accrued Expenses | $214.1M | $129.6M | $114.8M |
YoY Change | 74.5% | 12.91% | -0.3% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $39.00M | $15.00M | $15.00M |
YoY Change | 160.0% | 0.0% | -86.33% |
Total Short-Term Liabilities | $660.6M | $353.9M | $307.3M |
YoY Change | 151.89% | 15.18% | -27.19% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.509B | $767.4M | $782.4M |
YoY Change | 222.21% | -1.91% | 37.09% |
Other Long-Term Liabilities | $65.40M | $33.66M | $28.82M |
YoY Change | 123.75% | 16.82% | -89.19% |
Total Long-Term Liabilities | $3.226B | $1.204B | $1.208B |
YoY Change | 163.5% | -0.31% | 44.25% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $660.6M | $353.9M | $307.3M |
Total Long-Term Liabilities | $3.226B | $1.204B | $1.208B |
Total Liabilities | $3.887B | $1.558B | $1.515B |
YoY Change | 161.45% | 2.83% | 20.32% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $1.019B | $787.7M | $670.2M |
YoY Change | 37.25% | 17.53% | |
Common Stock | $402.7M | $397.5M | $371.9M |
YoY Change | 6.04% | 6.9% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.357B | $1.099B | $940.1M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $5.244B | $2.657B | $2.455B |
YoY Change | 110.18% | 8.23% | 9.96% |
Cashflow Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $228.1M | $84.70M | $39.68M |
YoY Change | 287.4% | 113.45% | -5.02% |
Depreciation, Depletion And Amortization | $80.50M | $42.40M | $42.90M |
YoY Change | 69.83% | -1.17% | 4.38% |
Cash From Operating Activities | $188.0M | $137.2M | $101.8M |
YoY Change | 23.36% | 34.77% | 42.18% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$104.6M | -$49.80M | -$24.70M |
YoY Change | 207.65% | 101.62% | -66.71% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$1.174B | $200.0K | $0.00 |
YoY Change | -1174400.0% | -100.0% | |
Cash From Investing Activities | -$1.279B | -$49.60M | -$24.60M |
YoY Change | 3661.47% | 101.63% | -70.33% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 885.2M | -60.90M | -451.4M |
YoY Change | -1805.59% | -86.51% | 566.77% |
NET CHANGE | |||
Cash From Operating Activities | 188.0M | 137.2M | 101.8M |
Cash From Investing Activities | -1.279B | -49.60M | -24.60M |
Cash From Financing Activities | 885.2M | -60.90M | -451.4M |
Net Change In Cash | -205.7M | 26.70M | -374.2M |
YoY Change | -409.32% | -107.14% | 373.67% |
FREE CASH FLOW | |||
Cash From Operating Activities | $188.0M | $137.2M | $101.8M |
Capital Expenditures | -$104.6M | -$49.80M | -$24.70M |
Free Cash Flow | $292.6M | $187.0M | $126.5M |
YoY Change | 56.97% | 47.83% | -13.24% |
Facts In Submission
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|
3200000 | ||
dei |
Trading Symbol
TradingSymbol
|
PKG | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
PACKAGING CORP OF AMERICA | ||
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Entity Filer Category
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Large Accelerated Filer | ||
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Document Fiscal Year Focus
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|
2013 | ||
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Document Type
DocumentType
|
10-Q | ||
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Document Period End Date
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|
2013-09-30 | ||
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Entity Central Index Key
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0000075677 | ||
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Current Fiscal Year End Date
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--12-31 | ||
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Q3 | ||
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Basis Of Accounting
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|
<div> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>1. Basis of Presentation</b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> The condensed consolidated financial statements of Packaging Corporation of America (“PCA” or the “Company”) as of September 30, 2013 and 2012 and for the three- and nine-month periods ended are unaudited but include all adjustments (consisting only of normal recurring adjustments) that management considers necessary for a fair presentation of such financial statements. These financial statements have been prepared in accordance with accounting principles generally accepted in the United States for interim financial information and with Article 10 of SEC Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete audited financial statements. Operating results for the period ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. These condensed consolidated financial statements should be read in conjunction with PCA’s Annual Report on Form 10-K for the year ended December 31, 2012.</p> </div> | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.17 | ||
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.15 | ||
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Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.1125 | ||
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Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
97512000 | shares | |
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Incremental Common Shares Attributable To Share Based Payment Arrangements
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|
976000 | shares | |
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Stock Repurchased And Retired During Period Shares
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|
171263 | shares | |
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Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
|
45.54 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
420168000 | ||
us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
0.10 | pure | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:2%; font-size:10pt; font-family:Times New Roman"> <b><i>Use of Estimates</i></b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts in the financial statements and the accompanying notes. Actual results could differ from those estimates.</p> </div> | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
96536000 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
2000000 | shares | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2400877000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
130410000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
322143000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-5147000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
69883000 | ||
us-gaap |
Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
|
13418000 | ||
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-21031000 | ||
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-30333000 | ||
us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
-5700000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
10873000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
57583000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
9196000 | ||
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
11967000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
237206000 | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
8220000 | ||
us-gaap |
Gross Profit
GrossProfit
|
600368000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
352476000 | ||
us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
|
98100000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
11921000 | ||
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
13418000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
7799000 | ||
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
2459000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
209258000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1875000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
27948000 | ||
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3868000 | ||
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-14530000 | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-496000 | ||
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
1800509000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
3604000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-98447000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9956000 | ||
us-gaap |
Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
|
4242000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
189202000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
167009000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
112885000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-2609000 | ||
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
7800000 | ||
us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
6088000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-13107000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
46418000 | ||
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
350000 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
2756000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
129838000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
3332000 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
7539000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
9956000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-132519000 | ||
pkg |
Alternative Fuel Mixture Credit Change
AlternativeFuelMixtureCreditChange
|
-76280000 | ||
pkg |
Us Treasury Note Maturity Term
USTreasuryNoteMaturityTerm
|
P10Y | ||
pkg |
Corporate Overhead
CorporateOverhead
|
59852000 | ||
pkg |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months Net Of Tax
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonthsNetOfTax
|
-3700000 | ||
pkg |
Long Term Equity Incentive Plan Extended Term
LongTermEquityIncentivePlanExtendedTerm
|
P10Y | ||
pkg |
Long Term Equity Incentive Plan Amendment Date
LongTermEquityIncentivePlanAmendmentDate
|
2013-05-01 | ||
pkg |
Long Term Equity Incentive Plan Termination Date
LongTermEquityIncentivePlanTerminationDate
|
2014-10-19 | ||
pkg |
Share Based Compensation Arrangement By Share Based Payment Award Shares Granted Since Inception Of Plan Net Of Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesGrantedSinceInceptionOfPlanNetOfForfeitures
|
8313735 | shares | |
pkg |
Number Of Joint Ventures Under Equity Method
NumberOfJointVenturesUnderEquityMethod
|
2 | Entity | |
pkg |
Pension And Postretirement Benefits Contributions Expense Net
PensionAndPostretirementBenefitsContributionsExpenseNet
|
-10600000 | ||
pkg |
Mill Production Capacity
MillProductionCapacity
|
2600000 | T | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.07 | ||
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
16121000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
127994000 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.05 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.7500 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
97520000 | shares | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1112000 | shares | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
251811000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
96408000 | shares | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2107298000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
94396000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
291511000 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-4668000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
68776000 | ||
us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-8186000 | ||
us-gaap |
Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
|
65500000 | ||
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
35393000 | ||
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-53529000 | ||
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-10183000 | ||
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-21296000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
52528000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
8587000 | ||
us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
433202000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
98599000 | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
821000 | ||
us-gaap |
Gross Profit
GrossProfit
|
465679000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
345040000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
5016000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
41524000 | ||
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
1181000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
102789000 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4217000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-4190000 | ||
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3296000 | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-3354000 | ||
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
1641619000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
173696000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-193672000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8477000 | ||
us-gaap |
Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
|
1574000 | ||
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-15407000 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
156339000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
188722000 | ||
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-977000 | ||
us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
5181000 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-30048000 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-10650000 | ||
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
25000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
912000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
397044000 | ||
us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
2986000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8477000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-73546000 | ||
pkg |
Alternative Fuel Mixture Credits
AlternativeFuelMixtureCredits
|
95500000 | ||
pkg |
Proceeds From Government Grant
ProceedsFromGovernmentGrant
|
57399000 | ||
pkg |
Alternative Fuel Mixture Credit Change
AlternativeFuelMixtureCreditChange
|
72436000 | ||
pkg |
Corporate Overhead
CorporateOverhead
|
51614000 | ||
pkg |
Pension And Postretirement Benefits Contributions Expense Net
PensionAndPostretirementBenefitsContributionsExpenseNet
|
7775000 | ||
CY2011 | us-gaap |
Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
|
150000000 | |
CY2010Q4 | us-gaap |
Loss Contingency Parties Jointly And Severally Liable In Litigation
LossContingencyPartiesJointlyAndSeverallyLiableInLitigation
|
PCA and eight other U.S. and Canadian containerboard producers were named as defendants | |
CY2013Q2 | us-gaap |
Defined Benefit Plan Benefit Obligation Period Increase Decrease
DefinedBenefitPlanBenefitObligationPeriodIncreaseDecrease
|
13800000 | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
|
5400000 | |
CY2013Q2 | us-gaap |
Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
|
8400000 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.41 | |
CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.41 | |
CY2012Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.25 | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
97349000 | shares |
CY2012Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
989000 | shares |
CY2012Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
96360000 | shares |
CY2012Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
723473000 | |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
61482000 | |
CY2012Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-1961000 | |
CY2012Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-30590000 | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
40858000 | |
CY2012Q3 | us-gaap |
Gross Profit
GrossProfit
|
162552000 | |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
92072000 | |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
1672000 | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
39791000 | |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1067000 | |
CY2012Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1068000 | |
CY2012Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
560921000 | |
CY2012Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
51529000 | |
CY2012Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
21691000 | |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
605000 | |
CY2012Q3 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
1678000 | |
CY2012Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2746000 | |
CY2012Q3 | pkg |
Corporate Overhead
CorporateOverhead
|
16990000 | |
CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.87 | |
CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.86 | |
CY2013Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.40 | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
97597000 | shares |
CY2013Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
839000 | shares |
CY2013Q3 | us-gaap |
Defined Benefit Plan Benefit Obligation Period Increase Decrease
DefinedBenefitPlanBenefitObligationPeriodIncreaseDecrease
|
8100000 | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
96758000 | shares |
CY2013Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
845440000 | |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
130110000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax
|
3100000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
|
4963000 | |
CY2013Q3 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-6242000 | |
CY2013Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-11850000 | |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
93400000 | |
CY2013Q3 | us-gaap |
Gross Profit
GrossProfit
|
225814000 | |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
141960000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax
|
3387000 | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
84180000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
9220000 | |
CY2013Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
1237000 | |
CY2013Q3 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
619626000 | |
CY2013Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
56469000 | |
CY2013Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
45930000 | |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-870000 | |
CY2013Q3 | us-gaap |
Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
|
1945000 | |
CY2013Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3182000 | |
CY2013Q3 | pkg |
Corporate Overhead
CorporateOverhead
|
21143000 |