XML 47 R31.htm IDEA: XBRL DOCUMENT v3.22.0.1
Property, Plant and Equipment (Tables)
12 Months Ended
Dec. 31, 2021
Property Plant And Equipment [Abstract]  
Schedule of Property, Plant and Equipment

Property, Plant and Equipment consist of the following at December 31:

 

(in thousands)

Range of useful lives

 

2021

 

 

2020

 

Land

 

 

$

7,171

 

 

$

7,333

 

Buildings and improvements

10-40 years

 

 

128,387

 

 

 

126,576

 

Machinery and equipment

2-25 years

 

 

375,860

 

 

 

377,782

 

Construction in progress

 

 

 

20,906

 

 

 

6,020

 

 

 

 

 

532,324

 

 

 

517,711

 

Less: accumulated depreciation

 

 

 

(240,004

)

 

 

(229,167

)

Total property, plant and equipment, net

 

 

$

292,320

 

 

$

288,544

 

Schedule of Damaged and obsolete Fixed Asset Write-Offs, Disposal Costs, Insurance Recoveries for Ola, Arkansas Sawmill Fire and Net Gain on Fire Damage

Damaged and obsolete fixed asset write-offs, disposal costs, insurance recoveries for the Ola, Arkansas sawmill fire and net gain on fire damage consist of the following for the year-ended December 31, 2021:

 

(in thousands)

 

 

 

Fixed asset write-offs

 

$

(9,544

)

Disposal costs

 

 

(2,595

)

Total fixed asset loss on disposal

 

 

(12,139

)

 

 

 

 

Insurance recoveries

 

 

15,000

 

Net gain on fire damage at Ola

 

 

2,861

 

 

 

 

 

Net gain on timberlands fire damage

 

 

500

 

Net gain on fire damage

 

$

3,361