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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 95,277 $ 151,551
Customer receivables, net 33,799 23,358
Inventories, net 87,037 82,926
Other current assets 42,741 41,295
Total current assets 258,854 299,130
Property, plant and equipment, net 396,167 408,913
Investment in real estate held for development and sale 53,642 50,809
Timber and timberlands, net 2,320,697 2,357,151
Intangible assets, net 12,971 13,861
Other long-term assets 142,372 175,579
Total assets 3,184,703 3,305,443
Current liabilities:    
Accounts payable and accrued liabilities 96,569 95,628
Current portion of long-term debt 127,383 99,552
Current portion of pension and other postretirement employee benefits 5,098 5,098
Total current liabilities 229,050 200,278
Long-term debt 907,786 935,100
Pension and other postretirement employee benefits 75,328 76,272
Deferred tax liabilities, net 16,729 21,123
Other long-term obligations 33,883 35,000
Total liabilities 1,262,776 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, 77,286 and 78,684 shares issued and outstanding 77,286 78,684
Additional paid-in capital 2,321,235 2,315,176
Accumulated deficit (566,125) (470,331)
Accumulated other comprehensive income 89,531 114,141
Total stockholders’ equity 1,921,927 2,037,670
Total liabilities and stockholders' equity $ 3,184,703 $ 3,305,443