XML 53 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2013
Segment Reporting Information, Additional Information [Abstract]  
Summary of Information by Business Segment
The following table presents business segment information for each of the past three years. Corporate information is included to reconcile segment data to the Consolidated Financial Statements.
(Dollars in thousands)
2013

2012

2011

Revenues:
 
 
 
Resource
$
238,228

$
207,846

$
226,969

Wood Products
366,015

329,404

271,580

Real Estate
26,160

38,238

50,029

 
630,403

575,488

548,578

Elimination of intersegment revenues - Resource1
(60,114
)
(50,354
)
(51,157
)
Total consolidated revenues
$
570,289

$
525,134

$
497,421

Operating Income:
 
 
 
Resource
$
73,425

$
49,543

$
59,792

Wood Products
58,892

45,456

7,267

Real Estate
18,266

28,056

31,384

Eliminations and adjustments
(907
)
(1,061
)
2,410

 
149,676

121,994

100,853

Corporate
(65,210
)
(62,591
)
(56,442
)
Income before income taxes
$
84,466

$
59,403

$
44,411

Depreciation, depletion and amortization:
 
 
 
Resource
$
18,103

$
16,446

$
17,420

Wood Products
6,194

6,538

7,829

Real Estate
56

36

28

 
24,353

23,020

25,277

Corporate
2,609

3,227

3,815

Total depreciation, depletion and amortization
$
26,962

$
26,247

$
29,092

Basis of real estate sold:
 
 
 
Real Estate
$
3,536

$
5,413

$
13,500

Elimination and adjustments
(632
)
(365
)
(3,281
)
Total basis of real estate sold
$
2,904

$
5,048

$
10,219

Assets:
 
 
 
Resource and Real Estate2
$
476,628

$
477,271

$
476,483

Wood Products
115,664

100,190

102,957

 
592,292

577,461

579,440

Corporate
88,238

141,436

166,780

Total consolidated assets
$
680,530

$
718,897

$
746,220

Capital Expenditures:
 
 
 
Resource and Real Estate2
$
13,509

$
23,916

$
12,003

Wood Products
9,013

4,427

4,050

 
22,522

28,343

16,053

Corporate
1,131

845

833

Total capital expenditures
$
23,653

$
29,188

$
16,886


1  
Intersegment revenues for 2011-2013, which were based on prevailing market prices, consisted of logs sold by our Resource segment to the Wood Products segment.
2 
Assets are shown on a combined basis for the Resource and Real Estate segments, as we do not produce information separately for those segments for internal purposes.
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area
All of our wood products facilities and all other assets are located within the continental United States. We sell and ship products to Canada and Mexico. Geographic information regarding our revenues is summarized as follows:
(Dollars in thousands)
2013

2012

2011

United States
$
558,138

$
516,466

$
490,409

Canada
9,645

5,180

4,646

Mexico
2,506

3,488

2,366

Total consolidated revenues
$
570,289

$
525,134

$
497,421