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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 199,723 $ 230,118
Customer receivables, net 29,977 21,892
Inventories, net 80,097 78,665
Other current assets 47,132 46,258
Total current assets 356,929 376,933
Property, plant and equipment, net 377,060 372,832
Investment in real estate held for development and sale 55,298 56,321
Timber and timberlands, net 2,394,709 2,440,398
Intangible assets, net 14,751 15,640
Other long-term assets 180,304 169,132
Total assets 3,379,051 3,431,256
Current liabilities:    
Accounts payable and accrued liabilities 95,477 82,383
Current portion of long-term debt 175,692 175,615
Current portion of pension and other postretirement employee benefits 4,535 4,535
Total current liabilities 275,704 262,533
Long-term debt 858,617 858,113
Pension and other postretirement employee benefits 68,621 67,856
Deferred tax liabilities, net 27,680 36,641
Other long-term obligations 35,830 35,015
Total liabilities 1,266,452 1,260,158
Commitments and contingencies
Stockholders' equity:    
Preferred stock, authorized 4,000 shares, no shares issued 0 0
Common stock, $1 par value, 200,000 shares authorized, 78,902 and 79,365 shares issued and outstanding 78,902 79,365
Additional paid-in capital 2,309,555 2,303,992
Accumulated deficit (397,967) (315,291)
Accumulated other comprehensive income 122,109 103,032
Total stockholders’ equity 2,112,599 2,171,098
Total liabilities and stockholders' equity $ 3,379,051 $ 3,431,256