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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 147,477 $ 151,551
Customer receivables, net 28,328 23,358
Inventories, net 81,285 82,926
Other current assets 37,757 41,295
Total current assets 294,847 299,130
Property, plant and equipment, net 402,003 408,913
Investment in real estate held for development and sale 52,537 50,809
Timber and timberlands, net 2,339,296 2,357,151
Intangible assets, net 13,416 13,861
Other long-term assets 153,092 175,579
Total assets 3,255,191 3,305,443
Current liabilities:    
Accounts payable and accrued liabilities 73,733 95,628
Current portion of long-term debt 127,211 99,552
Current portion of pension and other postretirement employee benefits 5,098 5,098
Total current liabilities 206,042 200,278
Long-term debt 907,706 935,100
Pension and other postretirement employee benefits 76,521 76,272
Deferred tax liabilities, net 20,492 21,123
Other long-term obligations 34,537 35,000
Total liabilities 1,245,298 1,267,773
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, 78,695 and 78,684 shares issued and outstanding 78,695 78,684
Additional paid-in capital 2,317,934 2,315,176
Accumulated deficit (484,120) (470,331)
Accumulated other comprehensive income 97,384 114,141
Total stockholders’ equity 2,009,893 2,037,670
Total liabilities and stockholders' equity $ 3,255,191 $ 3,305,443