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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues $ 1,330,780 $ 1,337,435 $ 1,040,930
Costs and expenses:      
Cost of goods sold 806,822 715,846 687,781
Selling, general and administrative expenses 76,506 73,432 72,519
CatchMark merger-related expenses 27,325 0 0
Environmental charge 5,550 0 0
Gain on fire damage (34,505) (3,361) 0
Total costs and expenses 881,698 785,917 760,300
Operating income 449,082 551,518 280,630
Interest expense, net [1] (27,400) (29,275) (29,463)
Pension settlement charge (14,165) 0 (42,988)
Non-operating pension and other postretirement employee benefit costs (8,138) (13,227) (14,226)
Other (67) (0) (0)
Income before income taxes 399,312 509,016 193,953
Income taxes (65,412) (85,156) (27,123)
Net income $ 333,900 $ 423,860 $ 166,830
Net income per share:      
Basic $ 4.59 $ 6.29 $ 2.48
Diluted 4.58 6.26 2.47
Dividends per share $ 2.72 $ 5.67 $ 1.61
Weighted-average shares outstanding (in thousands)      
Basic 72,740 67,352 67,237
Diluted 72,922 67,719 67,568
[1] Includes amortization of bond discounts and deferred loan fees.